12 10, 2016

Beacon Villas after Hurricane Matthew

2016-10-12T18:38:55-04:00Categories: Homes for sale Corolla, homes for sale outer banks, income properties corolla, income properties outer banks, new construction corolla, new construction corolla nc, New Homes for Sales Corolla, Outer Banks, Outer Banks Investment Properties, Outer Banks Real Estate Sales, Uncategorized|Comments Off on Beacon Villas after Hurricane Matthew

Hurricane Matthew caught many of us off-guard since the storm track was quite different from what the “experts” predicted. Most of Corolla was impacted, as we had more than 13 inches of rain in 24 hrs; not to mention winds in excess of 75 mph. Many homeowners are still flooded and will have extensive damage. Our hearts go out to them.

However, there is nothing but good news for Beacon Villas owners. We escaped with virtually no damage and zero flooding! This, in large part, is due to our commitment to quality construction methods and storm water management.

21 09, 2016

Come see us at The 2016 Outer Banks Parade of Homes!

2016-09-21T14:27:41-04:00Categories: Homes for sale Corolla, homes for sale outer banks, income properties corolla, income properties outer banks, NC, new construction corolla, new construction corolla nc, New Homes for Sales Corolla, Outer Banks Real Estate Sales, Uncategorized|Comments Off on Come see us at The 2016 Outer Banks Parade of Homes!

obx homes for sale kill devil hillsCome see us at The 2016 Outer Banks Parade of Homes


1090 A Keepers Way
Corolla-Light Resort, Corolla NC

Situated in Corolla-Light, North Carolina’s #1 ranked resort community with countless amenities, our Luxury Villas boast details considered upgrades in most other homes built in this price range. Among the features are the beautifully designed kitchen featuring custom solid wood Wolf Cabinetry, granite counters, tiled back splash, with self-close finishes, Kohler faucets (a total Kohler Home!), Stainless Steel Whirlpool Gold appliances, Super Durable Karndean Luxury Vinyl Tile flooring in the Van Gogh Collection. Double Mater Bedrooms feature tile showers and glass doors, Other features include custom finished staircases and high end trim finishes, Feiss designer Lighting, 2×6 Construction, James Hardie Fiber Color Plus Cement Siding, All Simonton Windows, All Masonite Solid Core Interior Doors, Owens Corning Duration Lifetime Shingles, 10 year Bonded Builders Warranty and More! Each Home comes fully furnished and uniquely designed by Exotic Home. Ground Level features a game room/media room, wet bar w/refrigerator, laundry, large bedroom and full bath, a screened lanai with hot tub, and a private fenced back yard with patio. The Second Floor boasts the sweeping great room and dining area, 16’ ceilings, open kitchen, 2 master bedrooms and 2 and 1/2 baths. Take the custom staircase up to the top floor to the huge 4th bedroom and full bath.

Approximate Heated square Feet- 2356
$465,850 includes house, lot, hot tub, appliances and fully furnished

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19 09, 2016

Scientists flock to Nags Head beach after rare whale species washes up

2016-09-19T13:37:54-04:00Categories: Homes for sale Corolla, homes for sale outer banks, income properties corolla, income properties outer banks, NC, new construction corolla, new construction corolla nc, New Homes for Sales Corolla, Outer Banks, Outer Banks Investment Properties, Outer Banks Real Estate Sales, Uncategorized|Comments Off on Scientists flock to Nags Head beach after rare whale species washes up

By Jeff Hampton | The Virginian Pilot

screen-shot-2016-09-19-at-9-33-01-am

A Cuvier’s beaked whale was the first of its kind to wash up on an Outer Banks beach early Friday.

People at the Outer Banks Fishing Pier reported seeing the whale in the surf about 4 a.m., said Karen Clark, program manager at the Outer Banks Center for Wildlife Education.

Scientists from six research organizations showed up after hearing about the species, taking the opportunity to fill in research gaps.

Scientists do not know much about Cuvier’s beaked whales, Clark said. The whales are seen swimming in large groups off the coast, but no individual had ever washed ashore on the northern beaches of North Carolina. A few have come ashore in the southern portion of the state, Clark said.

Read the rest of the article here…

7 09, 2016

Consumer Confidence Rises Solidly in August

2016-09-07T12:36:04-04:00Categories: Homes for sale Corolla, homes for sale outer banks, income properties corolla, income properties outer banks, investment properties outer banks, NC, new construction corolla, new construction corolla nc, New Homes for Sales Corolla, Outer Banks, Outer Banks Investment Properties, Outer Banks Real Estate Sales, Uncategorized|Comments Off on Consumer Confidence Rises Solidly in August

Consumer Confidence rose 4.4 points in August to 101.1 and is back near its high for this cycle. Both the present situation and expectations series increased and consumers feel more positive about the job market.

Outer Banks vacation home investmentsTo Hexit With Brexit! Consumers largely shrugged off any lingering concerns about the Brexit vote and the temporary turmoil it unleashed. The vote, which occurred after the June survey but well ahead of the July survey, weighed on expectations for future economic conditions. The stock market’s quick recovery and sustained run-up have allayed many of those fears. Moreover, back-to-back strong employment reports also show that the labor market is in better shape than many had feared. Consumers feel fairly positive about the economy right now and this is evident in the consumer spend ing figures, which grew at a 4.4 percent annual rate during the second quarter and are off to a strong start in the current quarter.

Labor Market Conditions Look Pretty Good The present situation series rose 4.2 points to 123.0, which marks a new high for this cycle. Both components of this series improved during the month, with the proportion of consumers rating current business conditions as good rising 2.7 points to 30 percent, also a new cycle high. One of the most encouraging aspects of this report was the marked improvement in consumers’ assessment of labor market conditions. The prop ortion of consumers stating jobs were plentiful jumped 3 points in August to 26 percent. The proportion stating jobs were hard to get also rose, however, climbing 1.3 points to 23.4 percent. The labor market differential, which takes the difference between these two series rose 1.7 points to 2.6 percentage points, which is the highest since Jan. 2008. While the improvement in the labor market differential is noteworthy, the rise in the jobs are hard to get series tempers some elation. The magnitude of the August increase in the jobs plentiful series makes the gain somewhat suspect. Consumers may be responding as much to the better employment news as they are to any actual improvement in the job market. This past month’s improvement may thus be more an affirmation of what has already occurred as opposed to providing a clue about where job growth is headed. The expectations series also posted solid but less dramatic improvement. The proportion of consumers expecting more jobs to be created over the next six months rose 0.7 points to 14.2 percent and the share expecting fewer jobs to be created rose 0.1 point to 17.5 perc ent. The proportion expecting their income to increase over the next six months jumped 1.7 points to 18.8 percent, while those that expected incomes to decrease fell 0.3 points to 10.7 percent.

Plans to buy automobiles were essentially unchanged in August at 11 .0 percent but plans to purchase a home jumped 1.3 points to 6.4 percent and buying plans for major appliances rose 1 point to 50.3 percent. Plans to buy a new home have been edging higher for most of this year.

OBX new homes for saleSource: The Conference Board , S&P and Wells Fargo Securities

8 07, 2016

Take a look inside Beacon Villas with our 3-D Virtual Tour

2016-07-08T15:48:39-04:00Categories: Homes for sale Corolla, homes for sale outer banks, HPSLDR, income properties corolla, income properties outer banks, investment properties outer banks, NC, new construction corolla, new construction corolla nc, New Homes for Sales Corolla, Outer Banks, Outer Banks Investment Properties, Outer Banks Real Estate Sales, Uncategorized|Comments Off on Take a look inside Beacon Villas with our 3-D Virtual Tour

Step inside one of our fully furnished homes for sale at Beacon Villas, Corolla, NC.

Homes for Sale in Corolla, Take a look inside Beacon Villas with our 3-D Virtual Tour

30 06, 2016

U.S. existing home sales rise to more than nine-year high

2016-06-30T20:43:05-04:00Categories: Homes for sale Corolla, homes for sale outer banks, income properties corolla, income properties outer banks, investment properties outer banks, new construction corolla, new construction corolla nc, New Homes for Sales Corolla, Outer Banks Investment Properties, Outer Banks Real Estate Sales, Uncategorized|Comments Off on U.S. existing home sales rise to more than nine-year high

kill devil hills NC OBX

WASHINGTON (Reuters) – U.S. home resales rose in May to a more than nine-year high as improving supply increased choices for buyers, suggesting the economy remains on solid footing despite a sharp slowdown in job growth last month.

The National Association of Realtors said on Wednesday existing home sales increased 1.8 percent to an annual rate of 5.53 million units last month, the highest level since February 2007.

“The economy can’t be going too far off course when home buying is picking up,” said Chris Rupkey, chief economist at

MUFG Union Bank in New York.

April’s sales pace was revised down to 5.43 million units from the previously reported 5.45 million units. Economists polled by Reuters had forecast sales rising 1.1 percent to a 5.54 million-unit pace in May.

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30 06, 2016

Interest Rate Reports

2016-06-30T20:34:11-04:00Categories: Homes for sale Corolla, homes for sale outer banks, income properties corolla, income properties outer banks, investment properties outer banks, new construction corolla, new construction corolla nc, Outer Banks, Outer Banks Investment Properties, Outer Banks Real Estate Sales, Uncategorized|Comments Off on Interest Rate Reports

Screen shot 2016-06-30 at 4.33.25 PMInterest Rates and Improving Household Balance Sheets Outer Banks Homes For Sale
Household balance sheets continue to improve. Net worth is growing steadily, albeit at a much more moderate rate than 2013-2014. Meanwhile, household leverage remains at healthy levels.
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28 06, 2016

With the supply of homes slight, US prices surged in April

2016-06-28T23:59:52-04:00Categories: Homes for sale Corolla, homes for sale outer banks, income properties corolla, income properties outer banks, investment properties outer banks, NC, new construction corolla, new construction corolla nc, New Homes for Sales Corolla, Outer Banks, Outer Banks Investment Properties, Outer Banks Real Estate Sales, Uncategorized|Comments Off on With the supply of homes slight, US prices surged in April

WASHINGTON (AP) — U.S. home prices scaled new heights in April, with seven cities — Boston, Charlotte, Dallas, Denver, San Francisco, Seattle and Portland, Oregon — setting highs.

The Standard & Poor’s/Case-Shiller 20-city home price index rose 5.4 percent in April compared with a year earlier, just below the 5.5 percent year-over-year gain posted in March.

Home values are now just 9.6 percent below their peak set nearly a decade ago, according to the report released Tuesday.
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2 06, 2016

Why the Vacation Rental Industry Is Blowing Up Right Now

2016-06-02T13:06:14-04:00Categories: Homes for sale Corolla, homes for sale outer banks, income properties corolla, income properties outer banks, investment properties outer banks, new construction corolla, new construction corolla nc, New Homes for Sales Corolla, Outer Banks Investment Properties, Outer Banks Real Estate Sales, Uncategorized|Comments Off on Why the Vacation Rental Industry Is Blowing Up Right Now

New Homes for Sales Corolla
The $100 billion industry vacation rental sector could be going into over-drive as it attracts growing interest from investors, major hospitality brands and travelers seeking alternate accommodations.

— LeisureLink

In the pre-Internet era, vacation rentals were a largely mom-and-pop industry. Businesses advertised via classifieds or real estate agents; some mailed catalogs to mailing lists acquired from local visitors bureaus. Change came by the decade: A Colorado couple looking for a better way to rent their ski condo launched booking site VRBO in 1996. HomeAway acquired the business in 2006, becoming the dominant listings hub. Then last year, Expedia swallowed up HomeAway, paying $3.9 billion.

This cottage industry has blown up.

The industry is believed to be worth $100 billion, with the U.S. accounting for just over a quarter of that — and Research and Markets predicts the global vacation rental market will close in on $170 billion by 2019. Meanwhile, Skift calculates that in the first four months of 2016 alone, vacation rentals startups attracted nearly $100 million in venture capital funding, concentrated in the U.S. and Europe.

The vacation rental industry is maturing “from a teenager to a young adult,” says Brandon Ezra, founder and CEO of Grand Welcome, a fast-growing vacation rental management company. The success of HomeAway and Airbnb has prompted a “stampede” that includes some of the biggest names in travel, notes Julian Castelli of LeisureLink, a distribution system and sales channel manager. Outer Banks Real Estate Sales

Choice Hotels, for example, announced earlier this year that it’s getting into the vacation rental business. Priceline recently saidalternative accommodations — an umbrella term that includes vacation rentals as well as other apartments and short-term rentals — will be an important source of growth. The category already accounts for almost half of Priceline’s property roster thanks largely to Villas.com, which Priceline’s Booking.com business launched in 2014.

Airbnb, which has had a more urban focus than the traditional vacation rental market, has been focused on attracting more listings. The company named Shaun Stewart its first head of global vacation rentals in 2014 and recently started opening its API to vacation rental property management systems and connectivity partners to help property managers better work with the channel.

“Small players are getting bigger, and bigger ones are trying to buy in,” notes Andrew McConnell, CEO and co-founder of Rented.com, a wholesale marketplace for property managers. Ezra expects to see more billion-dollar companies arise over the next five to 10 years, given the industry’s fragmented state — the heavy hitters account for a small percentage of the market.

Consolidation as well as convergence are two key trends McConnell identifies — convergence meaning a blurring of traditional distinctions between lodging categories. The typical traveler isn’t differentiating between a “sharing economy” lodging — from an urban Airbnb apartment to an upscale Onefinestay home, generally the renter’s primary residence — versus a vacation rental, often a second home or investment property in a holiday destination like a beach or ski area. And as online travel agencies incorporate more vacation rental listings, options across categories are easily compared and blur together.

Convergence is one factor driving a professionalization of the industry. “When someone books on an OTA, they’re used to a more hotel-style product,” notes Jeremy Grogg, who runs Kees Vacation Rentals. Going back 15 years, he says, many vacation rental properties didn’t even provide linens. New Homes for Sales Corolla

Today’s travelers expect the same amenities as a hotel, from shampoo and soap in the bathroom to wi-fi, and top property managers are providing these amenities to give guests the best of both worlds

If properties can meet expectations, demand is likely to rise, given that the 18-44 demographic accounts for the strongest growth in the sector, according to a 2015 Phocuswright study of private accommodations.

Plus, HomeAway believes vacation rentals are under-penetrated for the core target of families and groups. Some 40 percent of Americans say they have ever stayed in a vacation rental, indicating “plenty of room for growth in awareness,” says Bill Furlong, HomeAway VP of North American Business.

Other optimists include John Dalton, chief marketing strategist for the Onsite Property Management Association. “Alternate lodging is going to become primary lodging — the market has no ending, none at all,” he says.

25 05, 2016

New Home Sales Bounce Back in April!

2016-05-25T17:46:27-04:00Categories: Homes for sale Corolla, homes for sale outer banks, income properties corolla, income properties outer banks, investment properties outer banks, new construction corolla, new construction corolla nc, New Homes for Sales Corolla, Outer Banks, Outer Banks Investment Properties, Outer Banks Real Estate Sales, Uncategorized|Comments Off on New Home Sales Bounce Back in April!

Screen shot 2015-10-21 at 7.58.15 AMnew homes for sale corolla nc obxNew home sales jumped 16.6 percent in April to an annual rate of 619,000 homes. April’s sizable gain pushed sales 23.8 percent above their year-ago level. The previous three months of data were also revised higher.

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