Carolina Casual Furniture has been serving the Outer Banks since 1986.  They offer a wide assortment of furniture options.  A quick drive past their Powells Point store offers a small glimpse at the variety of outdoor and casual furniture available.  

For the Outer Banks home owner they offer from wood picnic tables to Wilmington Grills, perfec outdoort accessories to improve your Outer Banks rentals.  For more information on the products available at Carolina Casual Furniture call (252) 491-2545 or visit their Powells Point location at 9085 Caratoke Highway or shop their online store at www.carolinacasual.com

 Carolina Casual Furniture

 

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  Great news for Outer Banks music fans and especially those that love Bluegrass.  This October 5th to 7th is the first Outer Banks Bluegrass Festival.  Looks like they have a great lineup and it should be a fun filled October weekend on the Outer Banks.  Another great reason to own a home on the OBX.   The early bird tickets are already sold out.  Get a 3 day festival pass or buy tickets by the day at www.obxbluegrassfestival.com

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The Outer Banks real estate market has seen a tick to the upside. Through February on the Outer Banks MLS we have seen an increase in both residential and land sales.  These numbers are especially encouraging considering we are going into spring, which is normally the busiest time of the year for real estate on the Outer Banks.

We are continuing to find a number of available foreclosures and short sales.  Bank owned properties are currently making up about 12% of the total inventory.  The number of sold foreclosures has fallen while we have seen an increase in sold short sales.  

The real estate trend for 2012 is definitely to the upside.  We will have to wait for the spring numbers to come in to see if a trend is developing.  For those looking to invest…

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Outer Banks Real Estate Consultant Mike Bishal explains the importance of getting an home inspection during the home buying process. 

 

Importance of Outer Banks Home Inspections

 

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 Duck End of Year Market Report

 

 Residential Real Estate Sales  76
 Highest Sales Price
 $2,650,000
 Lowest Sales Price
 $46,000
 Median Days on Market
 237
 Average Sales Price  $585,000

 

 

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Here are a few sold home stats from 2011 in Kitty Hawk.

 

 Kitty Hawk 2011 Market Report

 

 Residential Real Estate Sales  70
 Highest Sales Price
 $675,000
 Lowest Sales Price
 $88,000
 Median Days on Market
 152
 Average Sales Price  $290,094

 

These statistics came from the Outer Banks Association of Realtors from January 1st to Decemeber 31st, 2011.

 

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