Each year, we like to publish an updated version of an article that addresses some of the most frequently asked questions that we hear from prospective buyers and sellers. Many of the issues remain unchanged, but occasionally a new question will make its way into the list. According to Park Service reports, about 2.6 million [...] Real Estate |  Full Article

As you might expect, the most frequently asked question that my Realtor colleagues and I are hearing these days is – “What impact are the COVID-19 related restrictions having on the Hatteras Island real estate market?” This article is intended to provide some insights into the answers to this question. To begin the discussion, we [...] Real Estate |  Full Article

As might be expected, the recent distribution of new tax assessment revaluations has raised question in the minds of property owners about the accuracy of the new assessments. One of the most frequently heard comments is, “This new assessment is too high. I could never sell my property for that amount.” At the risk of [...] Real Estate |  Full Article

Each year, real estate agents are required to take eight hours of continuing education classes in order to maintain their active broker licenses. The first four hours usually focus on topics that the North Carolina Real Estate Commission considers currently important. The second half of the training offers information on elective subjects. This year, one [...] Real Estate |  Full Article

Many Dare County property owners got a shock when they received their seven-year tax revaluations this week. Property assessments for some went up as much as 80 and 90 percent, sparking worries about what coming real estate tax bills might look like. The alarm, local real estate experts say, is unwarranted. At least right now. [...] Real Estate |  Full Article

February 25, 2020, Nags Head – One month into 2020, and real estate in the OBX is thriving!  OBAR has been hearing about how members in sales have been really busy, and now we know why. MLS Director Dan Sutherland has released the January 2020 statistics and the OBX continues to break records. Says Sutherland, [...] Real Estate |  Full Article

At the beginning of each year, I like to look back on the results from the previous year and attempt to see if they can give us some insights into the state of the real estate market as we move forward. To understand where we are on the spectrum of progress with respect to the [...] Real Estate |  Full Article

The Outer Banks Association of REALTORS® Multiple Listing Services Director Dan Sutherland has released the 2019 Year End Multiple Listing Services (MLS) Statistical Report for the 2019 year. Overall it appears that real estate had a good year in the OBX. Sales have been steadily climbing since 2008. In 2019, Total Property Sales increased 8% [...] Real Estate |  Full Article