Another Home SOLD! Only 3 Homes Left at Devonshire Place
Dr. Beach, a website that list the best beaches in America, ranked Lighthouse Beach and Ocracoke Lifeguard Beach as two of the top ten beaches in the country.
While Lighthouse Beach ranked sixth, Oracocke Lifeguard Beach ranked second, just behind Kapalua Bay Beach in Maui, Hawaii.
The selection process included criteria that ranged from beach condition and water temperature – to – wildlife and beach access.
Below are the top ten rankings of beaches by Dr. Beach:
A sharp sell-off in the bond market is sending mortgage rates to the highest level in seven years.
The average contract rate on the 30-year fixed will likely end the day as high as 4.875 percent for the highest creditworthy borrowers and 5 percent for the average borrower, according to Mortgage News Daily.
Mortgage rates, which loosely follow the yield on the 10-year Treasury, started the year right around 4 percent but began rising almost immediately. They then leveled off in March and early April, only to begin rising yet again. Tuesday’s move follows positive economic data in retail sales, suggesting that newly imposed tariffs would not hit sales as hard as expected.
Outer Banks beaches are lauded for their consistent yet manageable waves and verdant landscapes. And you can count on OBX to deliver great summer weather. Plan on renting a cottage or condo – this will give you more space without being too far from the beach.
History drips from the Outer Banks: Here, aviators Orville and Wilbur Wright took their famous first flight (at Kill Devil Hills), the pirate Blackbeard fought his last battle (at Ocracoke) and the mysterious Lost Colony disappeared (where is anyone’s guess). But this chain of barrier islands off the coast of North Carolina – affectionately dubbed OBX – isn’t just for history buffs. Fishing, windsurfing and wildlife watching attract adventurous types, not to mention the 3,000 shipwrecks you can explore by scuba diving. Families gravitate toward the beaches, mini-golf courses and the North Carolina Aquarium at Roanoke Island.
Each island has its own charm: The old lighthouses, rugged dunes and secluded beaches in the south couple with vacation rentals, water sports and kitschy beach shops, such as the Stop-N-Shop Beach Shop, in the north, all to form a unique seaside destination. If you come to the Outer Banks expecting action, you’ll be disappointed. OBX is ideal for those looking to skip the overly touristy attractions and head straight for the unspoiled beaches. You won’t find big nightlife, but you will find an abundance of natural beauty. Beaches are more populated during the summer months, but with so many destinations spread out along the barrier islands, you likely won’t experience big crowds.
Hurry Do not wait any longer, only 6 homes remain now at Devonshire Place!
For sales information please contact:
Heather Sakers: Phone: (252) 599-6814
REALTOR, SFR Coldwell Banker Seaside Realty
Home prices in the U.S. rose in February with no sign of changing direction.
Standard & Poor’s said Tuesday that its S&P CoreLogic Case-Shiller national home price index reported a 6.3% annual increase in February, up from 6.1% a month earlier. Year-over-year prices have risen continuously for the past 70 months, since May 2012, according to David M. Blitzer, managing director and chairman of the Index Committee at S&P Dow Jones in a press statement. Over that time, the annual price increases averaged 6%, comparable to the time period between January 1992 and February 2007, when prices averaged 6.1% annually.
“With expectations for continued economic growth and further employment gains, the current run of rising prices is likely to continue,” said Blitzer.