Real Estate News

July 14, 2026

July Market Update (For June market stats)

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 …

View More
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 …
View More
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. That’s …

View More
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 …

View More
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 …

View More
June 30, 2023

Unlocking the Potential: Renovations that Add Value to Outer Banks Homes

Are you a homeowner on the Outer Banks looking to increase the value of your property? Renovations can be a great way to unlock the potential of your home and attract potential buyers or renters. In this article, we will explore various renovation ideas that can add value to …

View More
Posted in Real Estate News
April 23, 2023

7 Reasons to buy a home on the Outer Banks right now….

1.   Sales this quarter are down from this period last year – so if there are less people in the market this means less competition for you, giving you a better opportunity to secure your property without a bidding war.

2.     Inventory is still low, …

View More