Fantastic opportunity to own a Nags Head style town home on the oceanfront! Get 5 assigned weeks a year in this co-ownership arrangement. Weeks rotate year to year. Monthly fee covers electricity, water/sewer, taxes, insurance, maintenance, housekeeping, cable, internet, & phone. Pull in, stop, drop and go! Gorgeous master suite overlooking the ocean with private deck. An additional 3 bedrooms are available for guests and friends. Get the benefit of owning on the oceanfront without having to shoulder all the maintenance costs alone-a total of 10 owners that each get 5 weeks a year-2 weeks are allotted for annual cleaning and maintenance. Decks were redone this year!
Listing offered by Rachel Neal, 252.255.2573

This month, the much anticipated tax revaluation is occurring in both Dare & Currituck counties. North Carolina state law requires that all property be assessed every 8 years or sooner, to re-establish equity among all properties and to equalize the tax burden among all classes of property.  Read more

Courtesy of Outer Banks Voice  | October 16, 2012

Opposition is growing to a home insurance rate hike that could hit 30-percent in many coastal counties, after a request by the N.C. Rate Bureau.  Read more

 With the Market Monitor showing that pending listings are creeping above 300 for the first time since April it appears that this fall will be a strong sales season. Read more

During July 2012 foreclosure filings were down 44% from July 2011. This is GREAT news. Until the distressed sales decline, prices will not, and cannot, increase. This reveals that we may be getting to the bottom of the market and prices could start increasing in the near future. Read more

The Outer Banks Voice recently reported: 

The market came into summer propelled by a head of steam from the earlier part of the year. As a result, with June in the bag, YTD sales are up 19 percent over the same time period in 2011, and real estate under contracts are up 17 percent. Read more

Why Look for Foreclosed Homes or Short Sale Property when there are many other good deals out there that might be cheaper, better and easier to obtain? Here are some common misconceptions about homes that were foreclosed on or being sold as short sales. Read more

The Outer Banks Association Of Realtors says: “Sales have been great! In May we saw an 11 percent jump in month-to-month sales; whereas, in May 2011 we saw a 6 percent decline. Overall year-to-date sales are up 24 percent with land leading the way – up 48 percent.” Read more

The good news continued into April, although sales have begun their traditional summer decline.

April 2012 sales outpaced the same month last year by 24 percent, and year to date sales are still 16 percent ahead of the prior year. Read more