The Outer Banks Association of REALTORS® has released April’s real estate statistical report. There was an increase in total volume sold which means that the market is still HOT!  April saw a 4% increase in total volume sold which equates to an increase in $32 million when compared to this time last year.  Not surprisingly, [...] Real Estate |  Full Article

The housing market is hot right now, but which areas are the hottest? Are there any locations where home price appreciation is still lagging behind? Soundfront or Oceanfront? What does the market look like so far in 2022? With all of the changes this year in the national real estate market, (notably skyrocketing interest rates [...] Real Estate |  Full Article

The US housing market has been on a sustained streak of rising prices, shrinking inventory, and increased demand since the spring of 2020. Hatteras Island actually lagged behind other areas “up the beach” in price increases for most of 2020, but quickly caught up in 2021. Now that we’ve had a good run, as they [...] Real Estate |  Full Article

I’d like to introduce myself to the fine readers of the Island Free Press. My name is Stephen Smith, and I lived (and worked) in Avon for several years before eventually migrating “up the beach” to Nags Head. I was the IT Director for Hatteras Realty, and worked for the late Stewart Couch for most [...] Real Estate |  Full Article

The Outer Banks Association of REALTORS® (OBAR) held their first membership meeting of the year on Thursday, February 24, 2022, at Captain George’s Seafood Restaurant in Kill Devil Hills. The keynote speakers were Dare County Manager Bobby Outten and Dare County Public Information Officer Dorothy Hester. Both presented information on the 2022 county-wide beach nourishment [...] Real Estate |  Full Article

Real estate numbers are finally in for 2021, and they were once again record-breaking!  Congratulations REALTORS® on over $2 billion in sales in 2021! That is 45% higher than year-end 2020. Overall, 643 more properties sold in 2021. Inventory is the lowest it has been in MLS history with residential down to 311 units. That [...] Real Estate |  Full Article

By Mike “Moose” Smith The Outer Banks real estate market wraps up the year with the highest number of sales in MLS History! The year-end stats Counting all property sales 4,392 units were sold, a 17% increase of 2020. The December Statistical Report for the Outer Banks Association of REALTORS®, just released, also highlights the continuing [...] Real Estate |  Full Article

OBAR data show increase of 20% or more in many communities The November 2021 MLS Statistical Report just released by the Outer Banks Association of Realtors   (OBAR) shows that amid a continuing housing boom, sale prices rose by 20% or more in a number of Outer Banks communities so far this year. The picture is more [...] Real Estate |  Full Article