Outer Banks Foreclosures
Thinking about purchasing a Foreclosure in the Outer Banks? Before you do, check out these videos and then call us! We have the experience you'll need when negotiating with a BankOwned property. We will look out for YOUR best interests, not the bank.
How is your home in Duck affected
by the recent spike in sales?
Click here to read my full article regarding the spike in Real Estate Sales here in Duck!
Read now!!
Contact Me
Ilona Matteson Ilona@beachrealtync.com
1450 Duck Road
Duck, NC 27949
Work: (252) 261-6600 ext.
Cell: (252) 619-5225
Fax: (252) 261-2200
Only Oceanfront Lot Available!!
This could really be YOU sitting on your oceanfront deck on the beautiful Southern Shores beaches. Forever sunrises, beach fun and family memories await you on this extra large and private homesite. Enjoy the comfort of knowing you'll have the open space to the south of the home and enough room on this 28,000 sq.ft. lot for your Beach Dream Home!
MY BLOG!
Mid-Spring update brings some expected news!
Well the season here on the Outer Banks is only weeks away from being in full swing. Are you ready? It’s coming. We’ve had such a warm winter and fully expect a very warm summer. The real estate market has been quite warm as well! There’s a seasonal slow down in sales which is already upon us as the numbers below will reflect.
Here are the highlights of the latest OBX news:
- The Record of Decision is still pending for the 2nd quarter of this year on the Mid-Currituck County Bridge project. For more information click through to the website here. http://www.ncdot.gov/projects/midcurrituckbridge/
- The speed limit on Hwy 158 from Wright Memorial to Nags Head has officially been lowered to 45 mph. While I haven’t had the occasion to drive through it myself, several Facebook friends are sounding off on it!
- Lowes in Kill Devil Hills is now open. NCDOT is already making plans to adjust the median that was created to stop cars from turning in at the First Street light. For the full article read here http://outerbanksvoice.com/2012/05/15/lowes-ncdot-re-examining-troublesome-median/
- Year to date overall sales for the area are up 22% - Just residential homes up 14%
- Properties under contract are up 16% - Just residential homes up 8%
- Sales from March 2012 to April 2012 are down 21% (this is typical for the season)
- Inventory has declined consistently 1% for the last 12 months
- There is a slight decline in foreclosure filings for Dare County
- Distress property sales for April contributed 23% to the total number of sales
- Bank owned sales are down 29% while Short Sales stayed the same
- Average Sales Price for Residential Homes is down 3%.
- My prediction for the year was 5 – 7% drop in Average Sales Price for 2012
- The Town of Duck has seen a significant drop in Average Sales Price YTD of 14%
These are the basic stats for the entire Outer Banks MLS. Each area does have market trends specific to it. For more information on a particular area of the Outer Banks, please contact me for a complete analysis.





