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Nags Head, NC

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" I stay away from short sales!" Can anyone tell me why a professional would utter these Words?

01-17-10
Steve Blaisdell ,FOC
Steve Blaisdell ,FOC: Real Estate Agent in Nags Head, NC
  • view my blog
  • Office: (877) 621-3815 x238
  • Mobile: (252) 207-5864
  • Secondary: (252) 261-3815

In many markets a good portion of the properties that are selling are either REO or short sale. About 30% of my lisitings are short sales now and I have been able to pick up 6 REO listings ( scraps form the REO fraternity) this year. Our MLS inventory is less than 6% under contract - My inventory will be 30 to 40% under contract by the middle of next week .

It just seems crazy to me why an agent working for a buyer would "stay away" these opportunities just because of the pitfalls that come with a short sale . Seems to me we should all jump in and get these distressed homes sold - then these agents can find something new to complain about. We are going to have to MOVE this distressed inventory over the next couple years if we want to " stay away" from them. We have a duty to our clients to let THEM decide whether they want to get involved with a short sale.

I would love to hear some comments on what motivates the " I stay away from short sales " talk.

I believe that EGO and laziness are two of the culprits??? any thoughts out there?

Sending a Blessed 2010 from the Outer Banks!

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Outer Banks NC Real Estate Sales - the Nags Head Market

11-17-09
Linda Powers
Linda Powers: Real Estate Agent in Duck, NC
  • view my blog
  • Office: (252) 261-8686 x2205
  • Mobile: (252) 599-2845
  • Secondary: (800) 545-3908

Outer Banks NC Real Estate Sales - the Nags Head Market

Outer Banks NC real estate sales - the Nags Head Market information as of 11/17/09

For additional information including all homes, condos, town homes, and land for sale in Nags Head NC, please visit Nags Head Real Estate for Sale. You can also search here for price ranges and neighborhoods.

Current homes for sale in Nags Head
 Number of homes for sale - 265
Average asking price - $666,410
Median asking price - $498,000
Average days on market - 220

Under contract in Nags Head
 Number homes under contract - 20

Sold homes in Nags Head since 1/1/09
 Number homes sold - 96
Average sold price - $$428,275
Median sold price - $354,000
Average days on market - 202

Do you have questions about specific properties, neighborhoods, or areas?
Do you want additional facts about asking price to sold price ratios?
Are you considering buying Outer Banks property within the next 6 months?
Whether you are interested in Outer Banks NC real estate sales - the Nags Head Market or other areas of the northern Outer Banks, we are waiting to talk to you.

Contact us, Mike and Linda Powers. We are broker associates with Resort Realty and look forward to hearing from you. We are ready to listen to your desires and ideas ... and ready to help. We represent buyers or sellers for second homes with rental income, investment property, and primary homes. We will make your search for the right property easy, work for you throughout the process ,,, and beyond. Visit our web site, contact us by e-mail, or, for immediate service, call 252-599-2845. We are here to help.

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Nags Head Foreclosures

11-06-09
Kevin O'Brien
Kevin O'Brien: Real Estate - Other in Nags Head, NC
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  • Office: (252) 261-3800 x340
  • Mobile: (252) 255-6484
  • Secondary: (856) 287-8396
Nags Head like all the towns of the Outer Banks has been hit by the recent waves of foreclosures. For many of those who didn't not get an opportunity to buy a home during the boom years, now they are able to go out and purchase a home below its tax value. Current market conditions make now an excellent time to find a Nags Head vacation or investment home. Buying a Nags Head foreclosure is one way to take advantage of current market conditions and to often find a home below tax or market value.

Find more information on: Nags Head foreclosures

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Sam & Omies in Nags Head NC

10-26-09
Linda Powers
Linda Powers: Real Estate Agent in Duck, NC
  • view my blog
  • Office: (252) 261-8686 x2205
  • Mobile: (252) 599-2845
  • Secondary: (800) 545-3908

Sam & Omies in Nags Head NC is one of those pilgrimages to a favorite restaurant our tourists take each year. Located on Beach Road (also known as NC 12 and Virginia Dare Trail) near milepost 16, this quaint restaurant attracts locals and vacationers alike. I remember hearing one of our tourists say they couldn't come to the Outer Banks without stopping in for a delicious meal at Sam & Omies in Nags Head NC.

Sam and Omies in Nags Head NC

Sometimes we wonder why folks choose one place over another. Here, I think the answer is simple. Good food and a reminder of the old Outer Banks days.

On your next visit to the Outer Banks be sure to visit Sam & Omies in Nags Head NC. I think you will enjoy both the food and the experience.

We're Mike and Linda Powers with Resort Realty. Before you come why not give us a call. We are happy to meet with you to discuss your real estate goals and dreams of owning Outer Banks property. With interest rates still low and a wide choice of properties why not begin your future today? Visit our web site for more information or contact us today. If immediate answers to your Outer Banks real estate questions call 252-599-2845.

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Speechless Sunday - Fishing Season on the Outer Banks

10-25-09
Linda Powers
Linda Powers: Real Estate Agent in Duck, NC
  • view my blog
  • Office: (252) 261-8686 x2205
  • Mobile: (252) 599-2845
  • Secondary: (800) 545-3908

Fishing Season on the Outer Banks - There's surf fishing, pier fishing, or enjoy a half or full day fishing in the Gulf Stream. Fall here on the Outer Banks is truly awesome. While we have 4 seasons based on nature's color changes, we also have seasons based on the type of visitors we have.

Fall probably is the favorite for men. They either rent a small cabin and spend several days fishing with their buddies. As you can see by the 2 photos below, the choice for surf or pier fishing is fun and relaxing.

Outer Banks surf fishing

While there certainly a number of women who enjoy the sport, when spouses come for the fishing season, many women are content to let the men have the fishing fun while they shop. Many bargains are found in the shops that want to reduce inventory and plan for next season. Fall is a winning season on the Outer Banks ... for everyone

Outer Banks pier fishing

Photos by your Outer Banks Realtors with Resort Realty. Contact us today with your real estate questions.

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