It’s certainly a headline we like to see around here: “US Home Purchase Contracts Have Seen a Significant Increase.” And in fact, that’s exactly what The Associated Press recently reported. This is great news, especially given that – so far this year – the pace of buying is slower than in 2013. A lot of this […]
Our Fourth of July week provided more excitement than we were expecting. Last week started off with news of Hurricane Arthur’s potential arrival. It was a surprise to everyone that we were going to be experiencing a Hurricane so early in the season, on the 4th of July no less! Wednesday evening brought us a […]
One month of positive real estate sales is encouraging, but sometimes it can be a fluke. That’s why we’re always so thrilled when positive numbers one month carry over into the next month. And that’s just what we saw with the recent release of May sales numbers. According to a recent USA Today article, existing […]
As more Baby Boomers retire, real estate experts all across the United States are seeing more cash deals, according to a recent report from Bloomberg. Evidently, these Baby Boomers (defined as anyone born between 1946 and 1964) are opting to purchase their homes with all cash instead of taking out a mortgage. Experts credit this […]
According to Fannie Mae and the National Association of Realtors (NAR), second or vacation homes – those that are neither investment nor primary residences – represented 13 percent of all purchase transactions in 2013 – an increase of 29.7 percent over 2012. This is the highest market share for second homes since 2006, although still […]
Real estate experts all across the country were thrilled to hear the latest numbers on the national housing market recently. That’s because sales of existing U.S. homes showed a slight increase between March and April, reversing a 12-month trend in which home purchases had been dropping. This wasn’t the only good news that the National […]
Cobia season is like a local holiday for many Hatteras Island fisherman. Over the past week we have begun to see them return to the waters of Hatteras with a vengence. Now is the time to take out your boat, kayak, take a walk out to The Point or even get to the Avon or […]
Frankly, it’s hard not to feel encouraged and optimistic about the real estate market these days. Everywhere you look, positive real estate trends are popping up, further emphasizing that the worst days of the economic recession are in the rear view mirror now. And here’s another recent nugget of good news: Home prices all across […]
Recent headlines that have crossed my desk lately include, “Luxury Returns to Housing,” “In Housing, Big is Back,” “Realtor®.com Survey: 13% of Consumers are Ready to Buy a Luxury Home.” If you have followed the Hatteras Island real estate market closely over the years, you’ve probably noticed that we tend to lag behind the national […]
The numbers don’t lie: Americans are growing increasingly confident about the overall health of the national real estate market, according to a recent report. Evidently, a recent Gallup poll showed that 56 percent of Americans expect average home prices in their area to increase, which is up 33 percent from just two years ago. And […]
