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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…

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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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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…

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water_park_blog_-_realestateouterbanks.org_1_560     We reported back on Wednesday, April 20th, 2016 that a proposed water park could be coming to Currituck County. It has now been reported by multiple news stations that the water park has been approved and it is slated to open in 2017.  From reports it seems that the water park will handle up to 5,000 visitors a day. It could be quite the positive change for the area, as one of the criticisms the area faces is the lack of things to do for vacationers. The ability to give an additional 5,000 people an outlet for family fun is great.   From initial reports it seems like the park is going to have a very Outer Banks kinda-theme with lighthouses, pirate ships, and more. Wavy-TV writes:   Right now, the plans are to construct…

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