August 2009 
There are 5 blog entries for August 2009.
Outer Banks Bank Owned Homes Report - July 2009
Monday, August 24th, 2009 at 1:12pm. 269 Views, 1 Comments.
One of the hottest areas of the Outer Banks real estate market has been distressed home sales. Distressed sales include bank owned homes and potential short sales. In the month of July we saw 101 residential properties close on the Outer Banks MLS. 29 of the 101 properties were distress sales for a staggering 29%. Of those 29 sales, 20 homes were sold as bank owned. This was up from 18 bank owned homes sold in June.
It seems we will continue to see bank owned homes dominate the market until the inventory is cleared. This makes for excellent opportunities for those looking to take advantage of today's real estate market. Many bank owned homes are easily converted into income producing vacation rental homes.
Our team can point you towards the…
Classic Nags Head Beach Cottage for Sale
Saturday, August 22nd, 2009 at 1:47pm. 319 Views, 0 Comments.
Are you looking for a classic Outer Banks beach home? This is an excellent opportunity to take advantage of current market conditions and purchase a classic Nags Head beach home. This home has been lovingly maintained by its current owners, and is ready for you to walk in and enjoy those beautiful Nags Head Days. With this home comes endless opportunities.
The 14,000 square foot homesite allows for the possibility of building a larger more modern home. Buying this home gives you the best of both worlds. Buy and enjoy now, then in the future build the home of your dreams. With this home the possibilities are truly endless.
Rare Opportunity to Purchase a Winning Home from the Outer Banks Parade of Homes
Sunday, August 16th, 2009 at 9:15am. 463 Views, 1 Comments.
This is a one of a kind opportunity to purchase a winning home from the Outer Banks Parade of Homes. This 4 bedroom 3 bath home will impress you from the time you pull up in the driveway. Don't let this chance pass you by.
Dawn's Notes on the Home: This new custom built home is immaculate with a great floor plan. Home was built with superior finishes such as Brazilian Teak Hardwood floors, custom tile work, granite counter tops, gas fireplace with onxy surround, custom cabinets, stainless steel appliances, custom built ins,marble top custom vanities, tray ceilings, and the list goes on and on. Construction includes 2x6 exterior walls, and available unfinished attic space available for even more space. This is a "must see" home - you will not be…
Soundfront Colington Harbour Home with Dock
Thursday, August 13th, 2009 at 5:34pm. 202 Views, 0 Comments.
After shooting the pictures for the video, I was able to appreciate the location of this home. This home offers all the amenities of Colington Harbour and an amazingly secluded location. Home offers a dock and is built on 2 homesites. This is definitely a unique opportunity. This is a great opportunity to purchase a soundfront home in Colington Harbour.
MLS #: 61282
Price: $548,000
Bedrooms: 4
Bathrooms: 2
Lot Sq. Ft: 31500
Heated Sq. Ft: 1772
Year Built: 1987
Area: Colington Harbour
Great Opportunity to Own a Home in Nags Head
Saturday, August 1st, 2009 at 2:52pm. 210 Views, 0 Comments.
The OBX Team's Newest Listing! 4 Bedroom Nags Head Home
MLS - 62590
Address - 8725 S Old Oregon Inlet Road
NAGS HEAD NC 27959
S. N.H. East/Old Oregon Road
Asking Price - $495,000
Income Hist. Last Year - $31,783
This home is immaculate and move in ready. Freshly painted walls, new carpet, nicely furnished, new siding and HVAC Located just 3 lots to the direct beachaccess and has ocean views from the top level. After a day at the beach relax by the pool or in the hot tub. The seller is offering a free one year home warranty to the buyer! For More Information - Contact Dee - 252-581-0013 - www.realestateouterbanks.org