Stories by Outer Banks Association of REALTORS (OBAR)
The numbers do not lie! Real Estate in the OBX is booming. As of today there are 867 under contract listings (up 24 since the statistical report was posted on July 7th).
Since COVID-19 hit, real estate statistics have naturally been all over the place. While residential sales have dropped as predicted in the Outer Banks, there are still a lot of silver linings to consider.
Many residents may be at risk of losing their home during the COVID-19 pandemic. The Outer Banks Association of REALTORS® (OBAR) has a helpful guide, “Protect Your Investment: A Guide for At Risk Homeowners” now available for anyone with concerns about losing their home.
Last year in response to the urgent need from local food pantries during the government shutdown, the Outer Banks Association of REALTORS® (OBAR) held a charity bowling tournament to help “fatten up” the food pantries. It was a Mardi-Gras themed event that resulted in raising $4,300 in cash donations, and the equivalent of 243 meals in non-perishables for local food pantries. Once again, the recipients for this year’s tournament were the local food pantries and the theme was the roaring 20s – “Bowling 20s for Roaring Tummies.”
The ultimate timeline ensures the smoothest of transitions. A real yard. Closets bigger than your average microwave. The freedom to decorate however you darn well please! Making the switch from renting to owning is exhilarating, but many rookie homebuyers find the process trickier to navigate than they expected.
Borrowing costs dropped to their second-lowest levels in three years, offering home shoppers an opportunity to lock in lower monthly mortgage payments.
According to REALTOR®Magazine, Americans are facing challenges to homeownership, particularly with shrinking inventories of homes for sale, yet somehow more are still finding their way to becoming homeowners.
The Outer Banks Association of REALTORS® (OBAR) held its first membership meeting of 2020 at Captain George’s Restaurant last week. The meeting began with 2019 President Jean-Paul Peron of The Outer Banks Real Estate Company at eXp Realty recognizing two members for their volunteerism to the association.
The Outer Banks Association of REALTORS® Multiple Listing Services Director Dan Sutherland has released the 2019 Year End Multiple Listing Services (MLS) Statistical Report for the 2019 year