Blog

Just Sold October 31

Real Estate Marketing on the Outer Banks October 2020

Blazing Trend Continues for Outer Banks Real Estate Market In a year in which a global pandemic has wreaked havoc on business and industry, the Outer Banks real estate market continues to be an anomaly. The two-month shutdown due to COVID-19 caused a bit of uncertainty about how the market would [...]

Just Listed September 30

Real Estate Market on the Outer Banks

Outer Banks Real Estate Market Thrives Amid Global Pandemic When news of the COVID-19 pandemic first hit the States, the real estate market responded with uncertainty. REALTORS were concerned that the mitigation efforts to fight the spread of the virus would hamper sales. Those concerns, coupled with some restrictions on normal [...]

Sold sign July June 30

Outer Banks Real Estate Market for June 2020 Sets High Records

The Outer Banks Real Estate market is off the chart. It’s nothing we’ve seen before. We’re writing offers and closing deals more than we have done since the 2008 market crash.  During this pandemic many people have been stuck at home, especially those in big cities, with not that many [...]

Home for sale obx June 26

Real Estate Sales in May on the Outer Banks

Outer Banks, NC Real Estate Market on Fire Following ReopeningThings were not looking so rosy for the Outer Banks, NC real estate market during the COVID-19 shutdown that lasted for two months. With visitors restricted from the Outer Banks, the market slumped for most of April and May. Since the [...]

real estate May 13

Real Estate Market on the Outer Banks for April 2020

OBX Real Estate Market Responds to COVID-19: April 2020 Outlook Despite the COVID-19 pandemic, Madonna has been continuing to show and list homes for sale on the Outer Banks while maintaining social/physical distance and taking safety precautions. She has sold and closed properties despite the crisis and risks. Nothing can stop [...]

House for sale April 27

Real Estate Market Shows Surprising Surge in Sales for March 2020

Real Estate Market on the Outer Banks for March 2020 The month of March produced some surprising results for the real estate market on the Outer Banks, N.C. Despite public fears and some restrictions on normal business operations due to the COVID-19 pandemic, the Outer Banks real estate market experienced [...]

home for sale February 4

How to prepare your home for sale

How to prepare your home for sale       Making the decision to sell your house can be a large undertaking, with many factors contributing to the decision and timing of when and how to sell. The real estate market here in the Outer Banks is unlike many other markets, and [...]

Dual Agency December 9

What Is Dual Agency?

Dual agency is a situation that develops when the broker in a real estate transaction represents both the seller and the buyer. Also known as a transaction broker, a dual agent works directly for both parties to find the best possible outcome. While this type of relationship is potentially limiting [...]

1031 Tax Free Exchange November 11

How Does a 1031 Tax Free Exchange Work?

If you already own or are planning to purchase an investment property, you should acquaint yourself with the 1031 exchange and how it works. For taxpayers, it provides many benefits for investors on every level. A 1031 tax-deferred exchange, also referred to as a like-kind exchange, prevents an investor from [...]