All-Cash Sales Up While Distressed Sales and Investors Decline

Posted by & filed under Outer Banks Activity, Outer Banks History, Outer Banks News.

Media Contact: Walter Molony / 202-383-1177 / Email (May 8, 2014) – Analysis of data collected for the Realtors® Confidence Index shows the market share of all-cash purchases is on the rise, despite declines in distressed sales and investor activity, according to the National Association of Realtors®. Lawrence Yun, NAR chief economist, said the findings are counterintuitive. “Distressed home… Read more »

Duck Housing Market Update

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If you are still considering purchasing a home here in Duck, the opportunities abound. The inventory of single family homes on the market in Duck has increased dramatically by over 35% from January 2013. There are now 111 homes to choose from compared to 82 one year ago.  The Corolla inventory has fallen slightly at… Read more »

Would you buy a haunted house? What would turn a dream home into a scream home?

Posted by & filed under Luxury Real Estate, Outer Banks Activity, Outer Banks News.

http://www.realtor.com/news/survey-most-people-open-to-buying-a-haunted-house/ Survey: Most People Open to Buying a Haunted House More than half of home buyers are open to buying a haunted house, according to realtor.com’s 2013 Haunted Housing Report. Also, 35 percent of the nearly 1,400 people who took the survey say they have lived in a haunted home. Today realtor.com released the results… Read more »

FHA will keep lending during shutdown

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http://money.cnn.com/2013/09/30/real_estate/mortgage-shutdown/index.html   By Les Christie  @CNNMoney September 30, 2013: 4:18 PM ET NEW YORK (CNNMoney) Applications for all government-backed mortgages will continue to be processed during a government shutdown, according to the U.S. Department of Housing and Urban Development. HUD originally said on Friday that it would stop working on applications for loansguaranteed by the Federal Housing Administration… Read more »

Home is where the heart is: 8 apps for house hunters

Posted by & filed under Hot Listings, Luxury Real Estate, Outer Banks Activity, Outer Banks News.

http://www.pcadvisor.co.uk/news/network-wifi/3467670/home-is-where-the-heart-is-8-apps-for-house-hunters/   Home is where the heart is: 8 apps for house hunters They say the first three rules of real estate are ‘location, location, location.’ We’d like to add a fourth: preparation. By Damon Brown | Tech Hive US | 09 September 13 While apartment rents are skyrocketing, home prices are looking more and more reasonable–especially with interest rates at rock… Read more »