Outer Banks real estate market update

It's been a while since I've posted.  Outer Banks real estate has been really busy and kind to me.  This year on the Outer Banks is no exception.  Vacationers and Investment seekers are still searching for their dream vacation home with which they can enjoy in the off-season and rent out during the peak season to help subsidize the mortgage payments.  Prices are still climbing.  This year's average price for an oceanfront investment is $1.6M compared to last year's average of $1.2M.  That's quite a jump.  However, last year's average days on the market was 150 and there were only 91 listings.  This year's average days on the market is 179 and there are 149.  So, although prices are climbing, inventory is also increasing, which is good for the buyer.  More inventory means more competition and the sellers out there are going to have to pull the reigns on their asking prices if they want to sell their Outer Banks investment home.  For more information on the Outer Banks real estate market or investments or second homes or even if you are relocating, call me, Wende Pritchard at All About OBX real estate.  I can help.  I've been in the business for 17 years, I've the owner of All About OBX Real Estate and I give personal service and help you through the process every step of the way.  Look on my website or Zillow for testimonies and reviews!  Testimonies from buyers and sellers and Buyer and seller reviews on Zillow.  Call or text Wende Pritchard at 252-207-1147 or email me.

Get in on the action of Outer Banks real estate! Make your vacation dream home a reality.

If you have been dreaming of owning a piece of real estate on the Outer Banks of North Carolina, dream no more!  Hurry while interest rates are still low and prices are still reasonable.  Home values on the Outer Banks are slowly rising.  And the Outer Banks is making changes and creating new attractions for vacationers and visitors.  Three of our main towns are under going beach nourishment to improve the oceanfront enjoyment of beach goers.  There are also several new parks.  There's an adventure park in Nags Head called the First Flight Adventure Park,  a new H2OBX Waterpark being built as well as the new Dowdy Park being constructed in Nags Head.  This is just to name a few of the new exciting adventures a vacationer on the Outer Banks can enjoy.  So, call me today to discuss specifics of your dream Outer Banks home.  There are many homes for sales and financing options available.  Whether you are looking for a vacation home, an investment home, a second home or to relocate, I'll find you one you will love for years to come.  Call or text me at 252-207-1147 or shoot me an email at wende@allaboutobx.com.  By the way, we give money back to our buyers to help with closing costs...saving them thousands of dollars.  For more information on money back, check out my money back page on my website:  Money back!  Call today to schedule an appointment.  See you at the beach!

Outer Banks real estate hits 2015 with a boom!

So much is already showing promise for 2015's real estate market on the Outer Banks.  For starters, I sold over $7million at All About OBX Real Estate this past year!  I am very grateful.  In addition, prices are still holding at a reasonable level, interest rates continue to be low, there is a very nice inventory of homes available and much more is happening:  the upkeep and maintenance of our beautiful resort area's bridges and beaches, homeowners insurance rates will decrease by 0.3 percent on a statewide average, significant changes to the Cape Hatteras National Seashore's Off-Road Vehicle Plan, a large outside event site is under way in Nags Head....so many exciting things are happening!  Call me to find out what real estate deals are out there so you can make your dreams come true and own a beach house on the beautiful Outer Banks of North Carolina!  252-207-1147 Wende Pritchard, All About OBX Real Estate.  www.allaboutobx.com

OUTER BANKS REAL ESTATE NEWS

2014 has been an amazing year for real estate on the Outer Banks-http://www.cnbc.com/id/102203875.  Buyers are buying the deals still available and the sellers are enjoying a slight increase in market values - http://www.cnbc.com/id/102231527.  Although the number of available foreclosures has decreased drastically here on the Outer Banks, it is said that the number of foreclosures are starting to spike again-http://www.cnbc.com/id/102178228.  Additionally, with the updated city appraisals a couple of years ago, sellers have been forced to reevaluate the value of their home so prices are still very affordable and sellers are still selling.  If you've been sitting on the fence, call me and I will find you a deal PLUS, with All About OBX Real Estate, you get a credit at closing for closing costs.  No other company on the Outer Banks can match that! Call now! 252-207-1147 .

Outer Banks home sales prices are rising. Is HGTV Beachfront Bargain Hunt part of the reason?

Prices on the Outer Banks are on the rise!  This is great for sellers but not so good for buyers.  Don't be one of those carpet mashers that will regret not buying before the prices increase even more!!!
Average price in 2013 - $444,633
Average price in 2014 - $525,067

To find the deals that are still out there, call Wende Pritchard, HGTV 's Beachfront Bargain Hunter 's Outer Banks REALTOR!  252-207-1147

Outer Banks Real Estate and Information on Foreclosures

Nationally, the number of homes in the foreclosure process dropped by 34.9% in February 2014 from their levels a year earlier, according to CoreLogic’s National Foreclosure Report. The figure now stands at 752,000 properties; a year ago, 1.2 million properties were in foreclosure. As a share of all mortgages, the foreclosure inventory stood at 1.9% in February 2014, down from 2.9% in February 2013.
This information is consistent with the current real estate market on the Outer Banks.  The Outer Banks MLS (multiple listing service) still has many listings for sale that are great deals!  Oceanfront properties are still for sale at a great buy.  Many investment homes with ocean views are still great buys!  Hurry though, the real estate market is booming here!  Buyers are purchasing homes now to start receiving income as soon as they close.
Are you looking for a Beachfront Bargain?  Is it your dream to own an oceanfront house on the Outer Banks or one with a view and within walking distance?  WHAT ARE YOU WAITING FOR?
Call Wende Pritchard, your local HGTV Outer Banks REALTOR!  252-207-1147 or email:  wende@allaboutobx.com

Duck NC Soundfront homes for sale

1384 Duck Rd, Duck, NC 27949 New soundfront home for sale in Duck NC on the Outer Banks.  This soundfront Duck home has a pier, a dock, a bulkhead, granite countertops, tile floors, custom kitchen & bathrooms, 4 bedrooms, 3 full bathrooms, 2 fireplaces, garage, sundecks, screened-in porch and more...go to www.allaboutobx.com.featuredlistings.html or call HGTV's Outer Banks REALTOR, Wende Pritchard 252-207-1147 or email wende@allaboutobx.com.