From Your Outer Banks Connection – “Is an Outer Banks income producing property better than stock market?”

    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 timi…

Thinking of Moving to the Outer Banks?

  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 in…

The Benefits of Buying New Construction on the Outer Banks

    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 re…

Does Record Tourism in 2015 Make Fall A Good Time to Buy A Beach House on the Outer Banks?

    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, …

Things to Think About Before Deciding to Sell Your Home on the Outer Banks

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 hou…

Congratulations College of the Albemarle

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 C…

Will the Outer Banks Water Park Have an Effect on Real Estate?

    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 abil…

Growth of Currituck County Is Good for the OBX

A recent article from thinkcurrituck.com, Opportunities in Currituck County Abound, has some excellent reasoning behind why we could see continued growth along the corridor to the Outer Banks. In their article they list, 3 potential factors but we see two of them as the main driver for the Outer Banks. 1.  Construction of the Mid-Currituck Bridge  After more than 40 years of discussion and debate, the $440 million project is now on the fast track to get underway. Gov. Pat McC…

Storm Surge Maps on the Outer Banks

The Virginia-Pilot reports that the National Hurricane Center is launching storm surge maps for the Outer Banks. Hurricane Center to launch new storm surge maps after successful tests on Outer Banks The National Hurricane Center will launch storm surge inundation maps for the first time this summer, predicting where and how deep flooding will hit here and elsewhere. Two years ago the maps were tested on the Outer Banks. Data from hundreds of hurricane forecast scenar…

Water Park Coming to the Outer Banks?

The Outer Banks Voice is reporting that a proposed waterpark in Currituck may receive approval and become an important destination for Southern Currituck County. From the OBX Voice… Although there have been rumors of various attractions coming to southern Currituck for decades, this is one that might be completed, said Currituck Planning Director Ben Woody. The county’s Planning Board has approved the company’s initial plans, and has recommended that the county commissioners giv…

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