My New Blog

Hi everyone,

The OBX is recovering nicely from post -Irene - Hatteras Island is fully open with a new temporary bridge and the weather is absolutely beautiful. The fishing is great and there are fall festivals everywhere.

The 1st 9 months of sales were relatively unchanged from 2010 with one exception - sales of short sales are up 32% and sales of bank owned properties are down 15%. THe inventory is down 16% from 2010 ( 2132 to 1784)housing units on the market. Sales prices came down 6% on average from early 2010 - a bit more on condos. Many of the sales continue to be cash but loans are still available for those lucky enough to have a nice down payment and great credit scores.

Come see me this fall and take advantage of those great interest rates!

Carol