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OBX Real Estate

From Your Outer Banks Connection - "Is an Outer Banks income producing property better than The stock market?" 


 

It seems no matter who wins, the stock market will be as fickle as ever. The lack of volume and record days of consecutive losses has us wondering what is next. Many experts are admitting that stocks are overvalued and a large adjustment is looming.

Look, I am not about spreading worrisome and upsetting news. However, what I am about is informing and educating during this timing to show you opportunity that is about tangible and is actual property that produces steady and strong income. And, these properties have the added benefits of YOU actually getting true and real enjoyment from as well as tax benefits.*

Buying stock has

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The Benefits of Buying New Construction on the Outer Banks

Posted by Mike B. Nov. 9, 2017

 

Getting educated about the inventory here on the OBX is cause to realize it has a lot of diversity. From the simple beach boxes that are among the earliest rental cottages built here to the oceanfront estate level homes…..and to everything in between…..we see homes that are weathered and charming to brand new & in sync with traditional architectural features that are defined by coastal living.   When I show property to folks looking to invest into the resort rental segment, 2nd home market or primary living due to moving here many do not realize how close in price a brand new home is to one that may be 20+ years old.   outer-banks-beach-house_1200    Also, when they…
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moving_to_the_outer_banks_940 

Whenever we work with folks that are thinking about relocating or moving to the Outer Banks, we ask them to identify their expectations. Most of the time, folks that move here either have vacationed here before or experienced a coastal lifestyle somewhere else. With that said, they usually know the area's laid back and slow paced. 

Looking for Adventure?

The other ingredient usually includes a bit of adventure that an individual, a couple, or family wants to satisfy. By looking into what our area offers, it always comes around that they're a fan of the beach and the naturalness of the Outer Banks. That usually fills the day of the newly relocated. They check out the beaches in the morning, they check...they enjoy a sunrise or go to the beautiful…
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The Outer Banks Voice is reporting that the opening of the H20 Waterpark on the Outer Banks, which was delayed by weather, is set to open today. 

It should be a great summer on the Outer Banks with the addition of the new waterpark. Check out their article for more information.  

 

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are_outer_banks_homes_better_than_the_stock_market_1200 

 

Well, here we are in another Election Cycle. Our right to vote is important as ever, it seems.

It seems no matter who wins, the stock market will be as fickle as ever. The lack of volume and record days of consecutive losses has us wondering what is next. Many experts are admitting that stocks are overvalued and a large adjustment is looming.

Look, I am not about spreading worrisome and upsetting news. However, what I am about is informing and educating during this timing to show you opportunity that is about tangible and is actual property that produces steady and strong income. And, these properties have the added benefits of YOU actually getting true and real enjoyment from as well as tax benefits.*

Buying stock has been a way of

2,669 Views, 0 Comments

moving_to_the_outer_banks_940 

Whenever we work with folks that are thinking about relocating or moving to the Outer Banks, we ask them to identify their expectations. Most of the time, folks that move here either have vacationed here before or experienced a coastal lifestyle somewhere else. With that said, they usually know the area's laid back and slow paced.

Looking for Adventure?

The other ingredient usually includes a bit of adventure that an individual, a couple, or family wants to satisfy. By looking into what our area offers, it always comes around that they're a fan of the beach and the naturalness of the Outer Banks. That usually fills the day of the newly relocated. They check out the beaches in the morning, they check...they enjoy a sunrise or go to the

14,811 Views, 0 Comments

Getting educated about the inventory here on the OBX is cause to realize it has a lot of diversity. From the simple beach boxes that are among the earliest rental cottages built here to the oceanfront estate level homes…..and to everything in between…..we see homes that are weathered and charming to brand new & in sync with traditional architectural features that are defined by coastal living.   When I show property to folks looking to invest into the resort rental segment, 2nd home market or primary living due to moving here many do not realize how close in price a brand new home is to one that may be 20+ years old.   outer-banks-beach-house_1200    Also, when they factor in that there is a Spec Home segment of the inventory here they get even more excited. If you didn’t…
4,213 Views, 0 Comments

 

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As tourism drives the economy of the Outer Banks, it also plays an important role in driving the local real estate market. For those Outer Banks home owners who rely on rental income, the state of tourism can become even more important. Over the last several years, we saw tourism continue to grow.


A recent report from VisitNC research site shows tourism spending on the Outer Banks broke 1 billion for the second consecutive year. There were some early reports during the year, that tourism looked to be off for the OBX, but as the Outer Banks reports it looks like we could have another record year for tourism:


Last week, new data showed visitation at the state’s natural and cultural sites for Fiscal Year 2015-16 that ended June 30 was up 7.7

1,495 Views, 0 Comments

things_to_consider_before_selling_your_outer_banks_home_2560.

We asked Mike Bishal an Outer Banks real estate consultant for a few thoughts that Outer Banks home owners should consider before thinking about selling their home on the Outer Banks. We caught up with Mike at one of his Open Houses and took a few minutes to get his thougths.  

 

What Renovations Could Make Sense For An Outer Banks Home Owner?

 
As you'll see I spend some time in the bathroom of the house and, this is on purpose. So when you get ready to sell your house, sometimes it's better...it's a good idea to consider remodeling a room, a key room, perhaps a master bath in this case. I have a client here that redid this bathroom, had it remodeled it, it's beautiful and it's definitely gonna help their marketing effort. 

 
What should

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another_reason_to_move_to_the_outer_banks_2560.

Great news for anyone looking to move to the Outer Banks, who wants a good local college program. The College of the Albemarle has just been announced as the #1 Community College in North Carolina by Schools.com.

The DailyAdvance reported:

In an article last month, Schools.com ranked COA the best of the state's 58 community colleges, praising it for its affordability, accessibility and other factors. Taking second and third place in Schools.com’s rankings were Craven Community College and Pitt Community College, respectively.

COA's service to its seven-county region is “widely acknowledged,” Schools.com said on its website, noting the college’s campuses in Elizabeth City, Edenton-Chowan and Currituck and Dare counties. The company also

1,390 Views, 0 Comments