April OBX Real Estate Update: The Seaside Report – 5.17.12

Posted on May 17, 2012 by Gordon Jones

The fourth month of 2012, and the 4th month of The Seaside Report. And I am happy to report that the OBX real estate trends for 2012 are still rosy. 2012 is off to a great start for the Outer Banks real estate market.

But before I jump into the OBX real estate update for April 2012, let’s recap what The Seaside Report is and why we’re offering this monthly report about the Outer Banks real estate market.

As investors, homeowners, and vacationers, we need to understand the full picture of the Outer Banks real estate market to ensure we are making educated decisions, and our hope is that The Seaside Report will help develop this full perspective.

The main economic driver on the Outer Banks is real estate, but for years the OBX market has been lacking one report that could offer a full view of the real estate conditions – sales & vacation rentals.
To meet the need for a detailed analysis of the current Outer Banks real estate market, including the often ignored, but incredibly important, vacation rental market, we have created the monthly “Seaside Report.”
We have combined the forces of both sides of our business – Outer Banks real estate sales with Coldwell Banker Seaside Realty & OBX vacation rentals with Seaside Vacations – to bring you the first report to offer a comprehensive view of the OBX real estate market – real estate sales & vacation rentals.

As always, we appreciate your input, and we encourage you to leave your comments below. We are happy to address any questions you may have, and we are always interested in suggestions for improvement.

Outer Banks Real Estate Sales
(Data Source: OBAR)

Year-to-Date Sales

Overall – up 22% (664 units vs 543 units)
Residential – Up 14% (500 units vs 437 units)
Land – Up 55% (150 units vs 97 units)
Commercial – up 56% (14 units vs 9 units)

Year-to-Date Under Contract

Overall – up 16% (780 units vs 675 units)
Residential – up 8% (606 units vs 560 units)
Land – Up 39% (115 units vs 160 units)
Commercial – Up 100% (14 units vs 7 units)

Inventory – Inventory has continued to declined by are relatively constant rate of 1% over the last 12 months.

Residential property inventory down 5%.
Commercial property inventory down 8%.
Raw land inventory up 5%.

Distressed Property (Residential):

Distressed property sales contributed 23% to the total number of sales in April.
- Short Sales made up 7%
- Bank Owned made up 15%.
Number of bank owned property sales declined by 29% while the number of Short Sale property sales stayed the same over April 2011.

Top 5 Outer Banks Real Estate Firms for April 2012

Rank	Firm	Volume
1	Coldwell Banker Seaside Realty – KH	$11,284,400
2	RE/MAX – KDH	$8,997,000
3	Sun Realty – KDH	$6,148,050
4	Beach Realty & Construction – KH	$5,864,830
5	Midgett Realty – Avon	$5,195,961

Outer Banks Vacation Rental Market
(Data Source: NAVIS GeoAnalytics)

Average Booking Window
Legend: 2011; 2012

This graph demonstrates the average number of days between booking and check-in date. This graph is summarized by month of booking, rather than month of stay.

For example, the reservations made at this time of year are about 85 days in advance of their check-in date. This booking window has dropped by 20 days from March. Considering that the summer is the busiest time of year on the Outer Banks, this decline in booking window makes sense. We should continue to see this booking window decline as we approach the summer months.

The takeaway message is that guests should book early for summer months in order to reserve the most desirable homes and weeks – at this point, at least 85 days in advance, but that window is declining every day as we approach the summer months.

The Seaside Report: Average Booking Window – April 2012

The Seaside Report: Average Booking Window – YoY Variance – April 2012

Average Length of Stay
Legend: 2011; 2012

The Length of Stay graph illustrates the average number of days between check-in date and check-out date of reservations, summarized by check-in month.

As would be expected for the Outer Banks, the average stay is about seven days for the summer months and varies in the shoulder season.

A strong takeaway here is that full weeks are a must for the summer months, but Spring and Fall offer great opportunities for shorter stays and discounted rates, while maintaining the great benefits of gorgeous weather, empty beaches, and ample attractions and activities.

The Seaside Report: Average Length of Stay – April 2012

The Seaside Report: Average Length of Stay – YoY Variance – April 2012

Average Stay Value
Legend: 2011; 2012

The Stay Value graph illustrates the average revenue actualized or projected for reservations, summarized by check-in month.

The clear message with this graph is that demand is high and supply is low during the summer months, and as a result, prices are driven higher during the summer months. As mentioned above, Spring and Fall offer great opportunities for shorter stays and discounted rates, while maintaining the great benefits of gorgeous weather, empty beaches, and ample attractions and activities.

July is the clear peak, and prices begin to fall towards the end of August – when kids go back to school.

It is interesting to note that the stay values are slightly higher for 2012 compared to 2011. This seems to signal that discounts are less likely for 2012. October dips a bit right now, but there is plenty of time for that stay value to recover leading up to October.

The Seaside Report: Average Stay Value – April 2012

The Seaside Report: Average Stay Value – YoY Variance – April 2012

Bookings
Legend: 2011; 2012

The Bookings graph illustrates the number of reservations actualized or on the books, summarized by check-in month.

This graph gives a good view of the “strength” of the reservations over the previous year. Reservations are up, which indicates that early reservations are wise and prices should remain constant.

A couple points of interest; June is very strong over last year (+27%), but July is slightly under-performing in comparison to 2011 (-15%). This will be a trend to keep an eye on. My guess is July will recover with last minute bookings.

In general, bookings usually increase right up to the summer check-in days as last minute vacationers scramble to find available homes. July bookings should catch-up, and we should continue to see a strong growth in the remaining months ahead.

The Seaside Report: Bookings – April 2012

The Seaside Report: Bookings – YoY Variance – April 2012

Outer Banks Real Estate News: Coldwell Banker Seaside Realty Ranked #12 in North America!

Posted on May 15, 2012 by Gordon Jones

Coldwell Banker Seaside Realty

We are very proud to announce that Coldwell Banker Seaside Realty has been named among the Top 20 Coldwell Banker offices in North America - #12 to be exact!

Below is the list of top 20 offices, and here’s a quick reminder of who we are and what we do…

Founded in Kitty Hawk, NC in 1990, Coldwell Banker Seaside Realty is a dynamic full service real estate company, servicing the entire Albemarle region. More than 50 licensed agents provide both residential and commercial buying/selling assistance in Northeast North Carolina. Offices located in Kitty Hawk and Elizabeth City, NC. More information can be found on the Coldwell Banker Seaside Realty website at www.ColdwellBankerOBX.com.

Top 20 Coldwell Banker offices in North America

RANK	COLDWELL BANKER	CITY/STATE or PROVINCE
1	Premier Realty	Henderson, NV
2	United, Realtors	Austin, TX
3	Weir Manuel	Plymouth, MI
4	Homestead Group Select Professionals	Camp Hill, PA
5	Evergreen Olympic Realty, Inc.	Olympia, WA
6	United, Realtors	Houston, TX
7	United, Realtors	Houston, TX
8	United, Realtors	Katy, TX
9	Preferred Real Estate	Winnipeg, MB
10	Tomlinson Associated Brokers	Kennewick, WA
11	Boyd & Hassell, Inc., Realtors	Hickory, NC
12	Seaside Realty	Kitty Hawk, NC
13	Grass Roots Realty	Grass Valley, CA
14	Hartung & Noblin	Tallahassee, FL
15	Sun Ridge Real Estate	Roseville, CA
16	United, Realtors	Cypress, TX
17	Barbara Sue Seal Properties	Portland, OR
18	Island Properties	Wailea, HI
19	Trails and Paths	Mesa, AZ
20	Home Owners Realty, Inc.	Grand Junction, CO

Office Size 4 (36-50 Sales Associates)
Total Number of Offices Participating: 170

Outer Banks Featured Property: Pine Island, Corolla

Posted on May 1, 2012 by Gordon Jones

397 Deep Neck Road, Corolla, NC

Meticulously maintained is an understatement – this home shows like new!

Set amidst the exclusive community of Pine Island, this stunning 10-bedroom (all masters), 11.5-bath oceanfront estate features custom details, thoughtful amenities and glorious ocean views that will take your breath away. From the poolside cabana and private theater room to the dune top deck and unique tile work in every bathroom, the attention to detail and amenities are second to none.

Enter onto the first level where you’ll find two King master bedrooms, one offering handicap-friendly features. Adjacent to the bedrooms, enjoy movie night in your own personal movie theater with tiered seating. If you’re in search or more action, seek out the recreation room with wet bar, microwave and refrigerator, pinball machine, air hockey table and your very own Pacman machine.

Upon entrance to the enclosed backyard, you are swept away by an oasis highlighted by a beautiful poolside cabana with gas fireplace, heated saltwater gunite pool with built in bench and kiddie wading area and hot tub.

From the entertaining first level, make your way to the second floor featuring four King master bedrooms a girls-themed bedroom with two bunk sets, a boys- themed master bedroom with two bunk sets and an office/den offering a quiet spot for a game of chess. All 6 of these bedrooms have deck access and 4 have incredible ocean views. Ride the elevator to the third level and find yourself surrounded by ocean views. The first King master bedroom offers unparalleled ocean views, deck access, a fireplace and a large welcoming master bath. A second King master bedroom also features a fireplace and large bath. Beyond the two King master bedrooms, this level features a great room with surround sound entertainment system and stacked stone fireplace, antique heartpine floors, a gourmet kitchen with stainless steel appliances featuring a Viking gas 6 burner and a Viking 4 burner electric cooktop, Viking refrigerator and microwave, plus 2 dishwashers and custom cabinets and breakfast area, a separate formal dining area, half bath and shipswatch.

If you can envision waking up to glorious ocean views from your oceanfront bedroom in a luxurious home, then this exquisite Pine Island home is for you. The privacy and exclusivity of Pine Island is unmatched, making the area one of the most highly sought-after locations on the Outer Banks. With limited oceanfront homesites, beautiful wide sandy beaches, 5,000 acres of pristine protected marsh to the west, two community pools and tennis courts, the enclave of Pine Island in Corolla provides a truly exceptional setting. Lot square footage is approximate and taken from Currituck County tax records. Furniture is not included in sales price but is negotiable.

For more information about this property, please contact Beth Dobney Garcia at Coldwell Banker Seaside Realty.

The Bidding Wars are Back

Posted on April 27, 2012 by Gordon Jones

Homebuyers have recently been caught off guard by a new development in the real estate market… bidding wars are back this spring sales season.

This recent surge of bidding wars is a result of supply shortages, unlike the wars of the past “go-go years.”

According to the Wall Street Journal’s recent article, the competitive bidding hasn’t been producing huge price increases or leaving sells with large profits. The wars, causes by small inventory, provide the evidence that housing demand is looking up after years of decline.

“An index that measures the number of contracts signed to purchase previously owned homes rose in March to its highest level in nearly two years, up 12.8% from a year ago and 4.1% from February, the National Association of Realtors reported on Thursday.

‘We very much believe we’ve hit bottom,’ said Ivy Zelman, chief executive of a research firm, who was among the first to warn of a downturn seven years ago. Earlier this week, she raised her home-price forecast for the year, calling for a 1% annual gain, up from a 1% decline.” Read Full Article.

Outer Banks Real Estate Update: Video Market Report – April 23, 2012

Posted on April 23, 2012 by Gordon Jones

Coldwell Banker Seaside Realty

Hi y’all. It’s Gordon Jones, owner/broker with Coldwell Banker Seaside Realty here on the Outer Banks and in Elizabeth City.

I’ve committed to myself to bring a monthly video market report to add my voice (and video ) to the real estate discussion here on the Outer Banks and in Northeast North Carolina.

I’m happy to be back with my second update (you can find my first update here), and I’m very please to be able to share more positive real estate news.

The positive real estate trends on the Outer Banks are continuing;

Overall sales up 25% over last year
Residential sales up 21%
Land sales up 40%

The numbers are clearly great, and to “build” on the positivity , I’ve been talking to local builders, and they are seeing a flurry of activity as buyers of the land are proceeding to plan for new construction. A very welcomed sign for the OBX building and real estate industry.

Let’s continue with some more numbers…

Under contracts up 11% over 2011
Inventory down 3% over 2011

Residential inventory down 7% over 2011

Again, all of these numbers look great, but I’d like to point out the decline in inventory as a strong indicator of the increased strength in the market. As inventory declines, demand increases, and strong demand makes for a strong market. This should lead to firm pricing, and if the trends continue, increased pricing.

On the flip side, distressed sales continue to play a role in the Outer Banks real estate market. This puts a downward pressure on pricing, but the good news is that this effect is waning.

Distressed property sales made up 25% of total volume for March 2012, compared to 44% in February 2012 and 37% in March 2011.

From an “on the ground” perspective, I’ve been talking with agents, and they are very excited about the increased level of activity. Some have even likened it to the real estate activity on the Outer Banks in 2003 and 2004. That’s a big comparison.

So, what do these numbers mean? Well, these trends seem to indicate that it is a good time to sell your home if it is priced correctly. Pricing is always key. But it’s very positive to see this growth. And from a buyers standpoint, I would suggest that you make your offers a bit more competitive because you know there will be competition out there looking over your shoulder.

Thanks for tuning in. I’m looking forward to sharing my thoughts with you each month. Please join the conversation. If you have any thoughts or questions, please leave a comment, and I’ll be happy to share my thoughts.

Thanks,
Gordon Jones
Owner/Broker - Coldwell Banker Seaside Realty

March OBX Real Estate Update: The Seaside Report – 4.18.12

Posted on April 18, 2012 by Gordon Jones

Here is our third monthly installment of The Seaside Report, and it is great to have such positive information to share. 2012 is starting off great for the Outer Banks real estate market.

Before I dive into the report, here’s a quick recap of what The Seaside Report is and why we’re offering this monthly report about the Outer Banks real estate market.

The main economic driver on the Outer Banks is real estate, and to meet the need for a detailed analysis of the current OBX real estate market, including the often ignored, but incredibly important, vacation rental market, we have created the monthly “Seaside Report.”

We have combined the forces of both sides of our business – Outer Banks real estate sales with Coldwell Banker Seaside Realty & OBX vacation rentals with Seaside Vacations – to bring you the first report to offer a comprehensive view of the OBX real estate market – real estate sales & vacation rentals.

Outer Banks Real Estate Sales
(Data Source: OBAR)

As I mentioned, 2012 is off to a fantastic start for the OBX real estate market. In fact, the numbers for the Month of March are the best since October 2005! Overall sales are up 25% and listing being placed under contract are up 11%.

Year-to-Date Sales

Overall – up 25% (471 units vs 376 units)
Residential – Up 21% (363 units vs 300 units)
Land – Up 40% (98 units vs 70 units)
Commercial – up 67% (10 units vs 6 unit)

Year-to-Date Under Contract

Overall – up 11% (569 units vs 511 units)
Residential – up 1% (436 units vs 431 units)
Land – Up 32% (121 units vs 92 units)
Commercial – Up 100% (12 units vs 6 units)

Inventory:

Overall, inventory has declined by 3% when compared with inventory in March 2011.
Residential inventory declined by 7%.
Commercial inventory declined by 8%.
Land inventory increased by 4%.

Distressed Sales: (Distressed = Bank Owned and Short Sales)

Distressed sales remain at 13% of the active inventory.
- Distressed sales have maintained this approximately this level for the last 12 months.
However, distressed property sales only made up 25% of the total sales volume in March 2012, compared to 44% in February 2012 and 37% in March 2011.
The sale of properties listed as short sales declined to 11% of all sales, and the sale of bank owned properties declined to 14% of all sales; for a total of 25% of all sales.

Top 5 Outer Banks Real Estate Firms Year-to-Date

Rank	Firm	Volume
1	Coldwell Banker Seaside Realty – KH	$32,688,690
2	RE/MAX Ocean Realty – KDH	$26,059,676
3	Sun Realty – KDH	$17,452,720
4	Twiddy & Co. – Duck	$16,789,950
5	Village Realty – NH	$16,652,700

Average Booking Window Outer Banks Vacation Rental Market
(Data Source: NAVIS GeoAnalytics)

Legend: 2011; 2012

This graph demonstrates the average number of days between booking and check-in date. This graph is summarized by month of booking, rather than month of stay.

For example, the reservations made at this time of year are about 105 days in advance of their check-in date. This booking window has dropped by 35 days from February. Considering that the summer is the busiest time of year on the Outer Banks, this decline in booking window makes sense. We should continue to see this booking window decline as we approach the summer months.

The takeaway message is that guests should book early for summer months in order to reserve the most desirable homes and weeks – at this point, about 105 days in advance, but that window is declining every day as we approach the summer months.

The Seaside Report: Average Booking Window – March 2012

Seaside Report: Average Booking Window – YoY Variance – March 2012

Average Length of Stay
Legend: 2011; 2012

The Length of Stay graph illustrates the average number of days between check-in date and check-out date of reservations, summarized by check-in month.

As would be expected for the Outer Banks, the average stay is about seven days for the summer months and varies in the shoulder season.

Although, it is interesting to note that there is a small spike in September. September is usually considered the start of the “shoulder season,” with guests traditionally taking advantage of the flexibility to take mini-vacations shorter than 7 days. It is encouraging to see guests staying for 7+ days in September.

Seaside Report: Average Length of Stay – March 2012

Seaside Report: Average Length of Stay – YoY Variance – March 2012

Average Stay Value
Legend: 2011; 2012

The Stay Value graph illustrates the average revenue actualized or projected for reservations, summarized by check-in month.

July is the clear peak, and prices begin to fall towards the end of August – when kids go back to school.

It is interesting to note that the stay values are slightly higher for 2012 compared to 2011. This seems to signal that discounts are less likely for 2012.

Seaside Report: Average Stay Value – March 2012

Seaside Report: Average Stay Value – YoY Variance – March 2012

Bookings
Legend: 2011; 2012

The Bookings graph illustrates the number of reservations actualized or on the books, summarized by check-in month.

This graph gives a good view of the “strength” of the reservations over the previous year. Reservations are up, which indicates that early reservations are wise and prices should remain constant.

A couple points of interest; June is very strong over last year (+29%), but July is slightly under-performing in comparison to 2011. This will be a trend to keep an eye on. August and September are also up slightly from 2011, and there are still a few months to go.

Seaside Report: Bookings – March 2012

Seaside Report: Bookings – YoY Variance – March 2012

Outer Banks Featured Property: Duck, NC

Posted on April 6, 2012 by Gordon Jones

123 Marlin Drive, Duck NC

Must see the elevation of “High Dune Hideaway” complete with spectacular ocean views!

Situated on a large 15000 sq. ft. lot this 7 bedroom home in Saltaire is centrally located within walking distance to nearby Duck shops and easy beach access.

Top floor features a large open airy floor plan with cathedral ceilings, large kitchen, two dishwashers, dining room, and spacious living room with 52” flat screen TV, gas fireplace, built in cabinetry, half bath, and wonderful master suite with Jacuzzi, access to deck from both master suite and living room and must see ocean views!

The middle level includes 4 bedrooms, 2 are Master Suites, covered decks with hot tub and main entry to the cottage. Lower level has 2 bedrooms, bath, and large game room with pool table and slider out to double shower and private heated pool area.

Easy walk to beach access only 400 yards away along with convenient parking near access. Plenty of room here and popular home for multiple family vacations. Home warranty included.

For more information about this property, contact Nicole Walsh with Coldwell Banker Seaside Realty

Market Conditions Just Right for Vacation Rental Real Estate – Even MSNBC Says So!

Posted on April 5, 2012 by Gordon Jones

Magic 8 Ball - Signs Point to Yes

Over the past couple months we’ve been talking about the stellar real estate activity on the Outer Banks. The winter months are generally a slow period for the real estate market, but the winter of 2012 has been anything but slow.

The Outer Banks is currently experiencing market activity that we have not seen for quite a while…and we just ended the 1st quarter!

Here’s a link to the Seaside Report from March that gives a full overview of the OBX real estate market through February – including vacation rental activity. (Side note: April’s Seaside Report will be out next week.)

And here’s a quick overview from the March Seaside Report to give you a little taste of the great activity…

Year-to-Date Sales

Overall – up 24% (254 units vs 206 units)
Residential – Up 19% (202 units vs 170 units)
Land – Up 45% (48 units vs 33 units)
Commercial – up 33% (4 units vs 3 unit)

Year-to-Date Under Contract

Contract Overall – up 25% (381 units vs 306 units)
Residential – up 15% (283 units vs 247 units)
Land – Up 51% (89 units vs 59 units)
Commercial – Up 200% (9 units vs 3 units)

If these trends continue, 2012 will be a fantastic year for real estate on the Outer Banks. And according to MSNBC.com, the conditions ARE right for these conditions to hold up. In fact, MSNBC.com even calls it the “Perfect Storm.”

“According to a new survey by the National Association of Realtors and Home Away… sales of vacation homes pushed up 7 percent in 2011 over the previous year.”

Has the perfect storm arrived for the OBX real estate market? There are no certainties in life, but according to my Magic 8 Ball, “all signs point to yes.”

If you’re in the market for an Outer Banks vacation home, we’d love to help you find the home of your dreams. Please reach out to us at www.ColdwellBankerOBX.com.

And to help you feel confident about your OBX realty company choices, here are the top 5 Outer Banks realty companies in February 2012 ranked by volume:

Top 5 Outer Banks Real Estate Firms: February 2012

Rank	Firm	Volume
1	Coldwell Banker-Seaside – Kitty Hawk	$20,832,100
2	RE/MAX Ocean Realty – Kill Devil Hills	$14,057,176
3	Sun Realty – Kill Devil Hills	$11,218,720
4	Corolla Classic Vacations – Corolla	$7,935,708
5	Midgett Realty – Avon	$7,891,356

Outer Banks Featured Property: Martin’s Point, Kitty Hawk

Posted on March 29, 2012 by Gordon Jones

6005 Martins Point Rd. Kitty Hawk, NC

Remarkable…One of a Kind…Irreplaceable! Words just don’t do this home justice and neither do the photos.

This property is the “crown jewel” of Martin’s Point and quite possible one of the finest homes on the east coast. This almost 14,000 sqare foot home sits on 400 feet (4 Lots) of elevated water front property. The home is nestled in along this private 3.85 acre estate. Trees and mature landscaping add to the privacy, security and appeal of this site.

Views of Jean Guite Creek

Views of Jean Guite Creek can be enjoyed from the rear patio and just about every room of the home. There is a private pier with boat dock and a large area (approximately 500 square feet) for gathering as you enjoy boating, fishing and everything else the water has to offer. Jean Guite Creek opens up to the Albemarle Sound and gives you quick immediate access to the sound by boat.

The home is stunning and not just due to its size. This home was built with care and attention to detail and it shows. List of rooms include but are not limited to: 4 master bedrooms (one with kitchenette), 2 offices, loft, huge kitchen with breakfast room, formal dining room, huge great room, huge den, indoor pool and pool living room, weight room and game room, raquetball court with a retractable basketball goal, 5 car attached garage and more!

Indoor Pool

This home was built with the family in mind. Rooms are large but the floor plan is very livable. This home has many features. A full list can be obtained from broker. Here are some of the many quality features: Elevator, Indoor Pool, Catwalk over the pool, Indoor Pool living area with wet bar, raquetball/basketball court, 3 gas fireplaces, 1 wood burning fireplace, steam room, sauna, weight room, game room, private offices, intercom system, security system, storage and storage rooms, 5 car attached garage, generator, huge attic, and much much more.

For the nature enthusiast, the property is covered in beautiful trees and vegetation and its rolling terrain is wonderful. There is even a 1K jogging trail that winds its way throughout the property!

For more information on the property, contact Brad Beacham at Coldwell Banker Seaside Realty.

Outer Banks Featured Property: Colington Harbour

Posted on March 22, 2012 by Gordon Jones

This property is located at 241Eagle Drive in Colington Harbour, Kill Devil Hills. This is a custom, 4 bedroom, 2 and a half bath, home with beautiful wide water canal views. There is Plenty of room for a large boat with 60′ of bulkheaded water frontage.

The interior boasts with attention to details… oak hardwood flooring, porcelin tile, maple cabinets, stainless appliances, decorative wood trim, and custom mantle surrounding the gas log fireplace. Enjoy the sea breeze from the screened in porch. Or soak up the sun from the multi story sun decks.

The landscaped yard has a sprinkler system and fenced in area. Extra rooms are a ships watch/loft, computer room/study & a 496 Sq. Ft. Dry entry/multi purpose area. The house has been wired for a generator system.

For more information on this property, contact Dawn Butcher at Coldwell Banker Seaside Realty.

Outer Banks Market Report

News about real estate values in the Outer Banks area

Category Archives: Outer Banks Real Estate

April OBX Real Estate Update: The Seaside Report – 5.17.12

Outer Banks Real Estate News: Coldwell Banker Seaside Realty Ranked #12 in North America!

12

Seaside Realty

Kitty Hawk, NC

Office Size 4 (36-50 Sales Associates)

Total Number of Offices Participating: 170

Outer Banks Featured Property: Pine Island, Corolla

The Bidding Wars are Back

Outer Banks Real Estate Update: Video Market Report – April 23, 2012

March OBX Real Estate Update: The Seaside Report – 4.18.12

Outer Banks Featured Property: Duck, NC

Market Conditions Just Right for Vacation Rental Real Estate – Even MSNBC Says So!

Outer Banks Featured Property: Martin’s Point, Kitty Hawk

Outer Banks Featured Property: Colington Harbour