Buying a Home

July 14, 2026

July Market Update

June by the Numbers

June closed with 161 sales, nearly identical to May in both volume and year-over-year performance. That's not a slowdown; it's a market that has found a rhythm and is holding it through the heart of the summer season.

Homes are also moving a little …

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March 14, 2026

March 26' Market Stats

February MLS Fun Facts

  • 204 properties were listed, compared to 214 the previous month.
  • As of today, 52 of those 204 properties are either under contract (50) or sold (2).
  • 123 properties went under contract in February, slightly below the 130 that went under contract in January.
  • On average, properties …
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May 26, 2025

June 25' Outer Banks Market Update - Chad Vaphides

We want to list our home,
but what if we get a lowball offer?

This is a common question I get, especially in a market like today.  For the first time in many years, last week we clocked in MORE price reductions than new listings in a month.  …

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April 2, 2025

Mortgage News

 

This just in: April CPI clocked in at 3.8%, the hottest reading in three years, and the 2026 rate-cut party everyone RSVP'd to in January has officially been canceled.

 

Quick primer: CPI (Consumer Price Index) is the government's monthly measure of how much more expensive …

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Feb. 23, 2024

You are ready to own a home on the Outer Banks if...

Tags: Invest in Outer Banks Real EstatehomesforsaleRick DrummOuter Banks BlueOuter Banks homes for saleOuter Banks Real Estateouterbanksrealestate 

 

If it is hard to leave the Outer Banks after a visit.... then you are ready to buy …

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Oct. 29, 2023

Outer Banks Oceanfront Homes for Sale - Exclusive Listings and Expert Advice

Outer Banks Oceanfront Homes for Sale

 

From Corolla to Hatteras, there is an abundance of oceanfront properties for sale on the Outer Banks.

 

Dreams of owning your own piece of paradise have long been at the top of property investors' wish lists, and oceanfront homes on North Carolina …

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Posted in Buying a Home
July 6, 2023

Navigating the Outer Banks Luxury Real Estate Market: Your Expert Guide

Are you considering investing in the luxury real estate market in the Outer Banks? With its stunning coastal beauty and a reputation for upscale living, the Outer Banks has become a prime destination for luxury homebuyers. However, navigating this market can be a daunting task without the right knowledge and guidance …

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Posted in Buying a Home
June 20, 2023

Investing in Vacation Homes on the OBX: Maximizing Rental Income

obx rental house investmentInvesting in vacation homes on the Outer Banks (OBX)

Buying a vacation property on the Outer Banks can be a lucrative endeavor for individuals looking to maximize rental income while enjoying a picturesque coastal destination. The OBX, with its stunning beaches, charming towns, and thriving tourism industry, presents a prime …

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Posted in Buying a Home
June 3, 2023

Buy a Home on the Outer Banks: Your Gateway to Coastal Paradise

Buy a Home on the Outer Banks

Are you dreaming of owning a slice of paradise by the sea? Look no further than the Outer Banks, a stunning coastal region that stretches along the North Carolina coastline. With its pristine beaches, charming communities, and endless recreational opportunities, buying a home …

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Posted in Buying a Home
May 30, 2023

Guide to Buying a House on the OBX

The Comprehensive Guide to Buying a House on the OBX: Insights, Tips, and the Path to Your Coastal Dream Home

Imagine waking up to the sound of crashing waves and having endless stretches of pristine beaches right at your doorstep. The Outer Banks, NC, offers a coastal lifestyle that many …

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Posted in Buying a Home