outer_banks_oceanfrontGreat news for tourism on the Outer Banks is the recent naming by US News & World Report as, The Best Family Vacation in the USA.  This should add to what we are hearing is an already strong rental season. 

For those looking to invest on the Outer Banks many rental homes are becoming attractive again due to strong rentals and fallen prices.  Attractive rates of return can be found from new construction to foreclosures.

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outer_banks_constructionAn article in the Triangle Business Journal shows a 48% increase in housing permits in 2012.  This usually is a leading indicator of new construction projects being undertaken. What is being seen across the state is being seen along the beach.

A drive around shows a number of new construction on the Outer Banks being undertaken.  From oceanfront to sound, there are projects of all sizes. 

Buying the right new construction can offer exciting rental prospects from year one.  For more information on new construction investments along the Outer Banks give us a call at 866-777-3948.

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With JP Morgan revising its forecast for this year's home prices, to a 14% increase, does it make it time to invest in a beach home on the Outer Banks?   I would tend to think the answer would be, yes.  Rentals on the Outer Banks have been consistently strong the last few years even after home prices fell. 

Strong rentals and low prices make for an excellent investment opportunity.  We see opportunities from new construction to foreclosures that would make strong investments.  For more information on investing in the Outer Banks, give us a call at 86-777-3948.

 

 

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Are you looking for a home on the Outer Banks, For Sale by Owner?  Here is a beautiful custom-built 4 bedroom, 3.5 bath home in Harbinger.  Take a look at the attention to details....

 

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Custom Country Home, on almost an acre. Turnkey, 4 BR, 3 BA, move in ready, quality home, walking distance to the sound and a short car ride to the ocean & beaches. 

Quality hardwood floors throughout most of the home....tile floors in the bathrooms, granite counter tops, high end cabinetry and appliances.Tiled showers and top of the line fixtures.

Home also offers a tankless, instantaneous water heater and a back-up gas furnace when it gets real cold this home has all the modern, efficient perks! This location is quaint, quiet but only minutes to all the beach…

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Here is an excellent story, Spirit of Giving Lifts Up South Nags Head Couple, by the Outer Banks Voice.  It shows the excellent community of the Outer Banks.  Yet, another great reason to live to the Outer Banks. 

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