Often when the stock market is stressed, it is a great time to buy a home. Is now any different? Perhaps the most dominant conversation on the lips of Americans today is the "economic crisis". The crisis specifically refers to the state of the stock market. With the stock market in such a dire way right now, perhaps it is again time to buy Outer Banks real estate.

Some reasons that Outer Banks Real Estate is looking more attractive

  • Interest rates have again crept low under 6%
  • The stock market is no place for your money...look at the proposed bailout
  • Outer Banks investment homes have gone down in price which means your capitalization rate is higher. (It is getting as high as 7 & 8%)
  • The Outer Banks is still under priced for…

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This year marks the 16th year of the Outer Banks Parade of Homes. The yearly event is put on by OBAR and OBHBA, the Outer Banks Association of REALTORS and Outer Banks Home Builder's Association. The event showcases some of the most innovative building designs and furnishings along the Outer Banks. 32 homes are represented in this year's showcase. They will be stretched along the Outer Banks from Corolla to southern Hatteras. Here are some frequently asked questions about the Parade of Homes. This information is from the OBHBA website.

Question: Where do we get tickets? Answer: Tickets are available in every home, where they will also be punched as you arrive. Or you may purchase them at the WalMart as you enter the beach from the north. One…

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