News Letter

October 2018 Real Estate News Letter

Things are back to normal, and they couldn’t be better after the close call we had with Florence!  The sun has been shining non-stop, and the temperatures are still very summer-like.  With that being said, the beaches are still packed with out of town guests, homeowners,  and locals enjoying the best time of the year here!   The surfing and fishing have been some of the best we’ve seen in long time!   Oh how the fall is like a warm embrace after a long day!

In local news the towns and tourism board have been hosting several events to draw in more visitors to the Outer Banks.  The Duck Jazz Festival, the OBX Bluegrass Festival, the Parade of Homes, and the Outer Banks Seafood Festival have been very successful for bringing in more tourism dollars for our area.  This is always something positive to note when discussing local happenings and real estate.   More tourism equals more prospective home buyers!

In real estate news, things seem to be picking back up after that slight hiccup called Florence.  The OBX Homes Team had numerous request to show properties over the past few weeks and several owners asking about possible sales prices for their properties.   With interest rates steadily climbing and projected to continue we have noticed some more buyers trying to lock down properties before there is another increase.  Overall we are a bit slower than our normal fall season, but we are hoping to rebound and end the year on a better note.

We’ve included the September OBAR statistics report for your review, but if you would like a more tailored report with specific figures for your neighborhood, please let us know.  If you’ve been thinking about selling, we are happy to assist you with a free market analysis of your property.  If you or anyone you know is interested in buying a property, we would love to help find the perfect home on the Outer Banks.  

The OBX Homes Team is making an effort to help the environment and decrease our paper output, so if you’d like to help with reducing our paper use, please send us a current email. We will send you a notification each month to look on our website for the updated owner note and statistics report.  We appreciate your effort to help with this and thank you. We will continue with owner mailings to those who wish to receive them by mail.

Please stop by our office in Duck to say hello if you’re in the area, and as always, please don’t hesitate to call or email with any questions, or if you need anything. 

The OBX Homes Team