Outer Banks Homeowner

8 Scams to Watch Out For This Holiday Season

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8 Scams to Watch Out For This Holiday Season The holidays are a happy time for celebrating with family, friends, and co-workers. Unfortunately, this time of year can also be turned sour by a wide variety of clever frauds, unauthorized debit and credit card transactions, and bogus person-to-person scams. By the end of 2015, individuals, retailers, charitable donors, and companies …

Outer Banks Real Estate Market November 2016

Outer Banks Real Estate Market November 2016

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Outer Banks Real Estate Market November 2016- How is the Market? Overall – When comparing the Outer Banks real Estate market for November 2016 with 2015 sales, it appears that 2016 is trending a little below last year with unit sales down 1% (15 units), total volume sold up 1% ($8,728,314) and average sale price up 2% ($8,024), but there …

Outer Banks Holiday Home

Outer Banks Holiday Home

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Outer Banks Holiday Home – Top 12 Tips for a Safer Holiday Home   Our world is full of risk at every turn—from perilous jobs to dangerous driving conditions. That’s why we all love to get back to our homes and not worry about everyday safety hazards. It’s great to feel comfortable and safe at home, but is it as …

Outer Banks Real Estate Stats

Outer Banks Real Estate Market October 2016

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Outer Banks Real Estate Market October 2016- How is the Market? Overall – Sales for the month of October show little change in that the number of units sold (1923 vs 1921 units). There has been some improvement in the total sales volume (up 4%) and the median sale price is also up (4%). Overall, inventory is down 13%. See the details …

OBX Home Equity

The OBX Home Equity Playbook

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The OBX Home Equity Playbook   What is Home Equity? Home equity seems to be a very simple calculation — the total amount of mortgages owed subtracted from the current market value of a home. Here is a simple example: Current Home Market Value                  $325,000 Existing Mortgage                                       $225,000 Homeowner Equity                                     $100,000 One side of the equation is well …

Outer Banks Real Estate Market November 2016

OBX Real Estate Stats – September 2016

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OBX Real Estate Stats – A look at Overall Market Performance Overall – When looking at the OBX real estate sales figures for this month, sales have been flat with a <1% change in unit volume and a small increase in the total sales volume and average sale price. However, there are some bright spots within the residential and land classes. …

OBX Home Technology

OBX Home Technology

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  8 Smart Home Technology Trends for your OBX Home that Can Save You Money The ‘smart home’ is the new ‘internet of things’, or objects that can serve you better by communicating with each other or directly with you through apps on your smart phone. In the ideal version of the wired future, all of our appliances and gadgets …

Outer Banks Real Estate Stats

Outer Banks Real Estate Stats – August 2016

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Outer Banks Real Estate Stats – A look at Overall Market Performance Overall – This month we will focus on the number of listings that are in an Under Contract status.  From January to August 2016 there have been 1988 listings placed in an under contract status.  That equates to a 7% increase in the number of listing placed in …

Outer Banks Home Inspection

Outer Banks Home Inspection – Don’t Get Burned

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Outer Banks Home Inspection Okay, purchasing an Outer Banks home has become one of the most important decisions that you will make! You found your ideal home. It’s in your desired neighborhood, close to everything you love, you dig its design and feel, and you’re ready to finalize the deal. But, whoa … wait a minute! Buying a home isn’t like …

Outer Banks Real Estate Market November 2016

Outer Banks Real Estate Market – July 2016

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  Outer Banks Real Estate Market Performance Overall – The Outer Banks Real Estate Market monthly statistical report usually focuses on the number of listings that sold during the current year compared with the number listings sold in the previous year; however, this month, the statistic of note is the number of listings that have been placed under contract. The data shows …