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It seems since spring has arrived that Outer Banks real estate has continued to heat up. Outer Banks home sales in March continued to be strong after a disappointing February. I speculate that February was a weak month due to weather conditions up and down the East Coast. Outer Banks foreclosed homes continue to make up a large portion of all sold homes. After foreclosures we see distress sales like short sales, being very popular. Until there are no foreclosed homes available, the market wil... Read Full Post

Foreclosed homes in the Outer Banks continue to make up a majority of the market. Lately we have seen distress sales, bank owned homes and short sales, account for as high as 40% of the homes sold in the Outer Banks. For those looking to take advantage of today's market, conditions are excellent. Currently our team is following over 41 foreclosed homes. We find the foreclosed homes scattered throughout the area. As you can imagine some areas are more affected than others. Currently we are see... Read Full Post

Looking for a great reason to spend a day in the Outer Banks? On March 20th come and enjoy a great day on the beautiful OBX and learn all about buying an Outer Banks foreclosed home. Our team of local real estate professionals will be available throughout the tour to answer any real estate specific questions you may have. In addition we will have local mortgage, property management, and insurance consultants available to explain the unique nature of buying a bank owned vacation home. Each pro... Read Full Post

For many people their dream is to live in a beautiful area and own their own business. Many find the answer to both those dreams on the Outer Banks. Living and owning a business of the Outer Banks is a wonderful thing. From Corolla to Ocracoke and parts of Dare and Currituck counties, tourism is the main engine behind the local economies. The Outer Banks climate has allowed the vacation season to expand well beyond the traditional summer season of Memorial to Labor Day. With the local populat... Read Full Post

Kilmarlic is fast becoming one of the finest places to play golf and own a home on the Outer Banks. Once again for 2009 it was chosen as the home for the North Carolina Open. The golf course is beautifully laid out on 605 acres. The course acentuates the natural beauty of the Outer Banks, highlighting the trees found in the maratime forests and the beautiful coastal ponds and lowlands. The course is also set against a nature preserve, allowing some homes views of the preserve and surrounding ... Read Full Post

Corolla Light homes, continue to offer access to the #1 resort community in the Outer Banks. If you are looking for both a beach home and a resort community, you have to look no further than the homes in Corolla Light. The community is comprised of 250 beautiful acres. In addition to the many beautiful private residences and vacation homes, the community offers world class amenities. The amenities at Corolla Light include: trolley service, 2 oceanfront pools, oceanfront restaurant, volleyball... Read Full Post

The name Nags Head was once synonymous with the entire area known as the Outer Banks. Today it defines one town. Like the area the real estate market is constantly changing. Nags Head still remains a much sought after community to own a second home or investment property. For those looking to buy a home, conditions are especially strong. Nags Head foreclosures are one way people are taking advantage of the current market conditions. We are also seeing opportunities besides foreclosures, such ... Read Full Post

Monteray Shores is one of the beautiful communities of Corolla, North Carolina. The idyllic location of Monteray Shores and its beautiful community amenities make it a desired community to own a vacation or investment home. The community amenities at Monteray Shores include a community pool, tennis and basketball courts and more. The community is also located close to the Timbuc II shopping center. Currently we are tracking 26 available homes in Monteray Shores. We see the homes ranging in pr... Read Full Post

The Currituck Club is one of the Outer Banks most desired communities to own a home. The community is highlighted by an 18 hole Rees Jones golf course. Besides the amazing golf course, the community is home to some world class amenities including clubhouse, outdoor pool, indoor fitness facility and more. So far for the first 9 months of the year we saw 15 homes sold in the Currituck Club. 4 of the 15 sold homes were foreclosures. (Currently we are tracking 3 available - Currituck Club foreclo... Read Full Post

Outer Banks foreclosures or distressed property sales continue to be a main focal point of many of today's real estate buyers. Many buyers are finding bank owned homes, homes that have been through the foreclosure process, being priced well below tax value. Recently we have seen a few foreclosures come on the market as low as 55% of tax value, which can be a significant saving on someone who is looking to purchase an oceanfront or semi-oceanfront home. As of writing this, there are 28 foreclo... Read Full Post