15 12, 2016

Interest rates and inflation on the move Buy Now and Save Thousands

2017-01-31T18:32:08-05:00Categories: Homes for sale Corolla, homes for sale outer banks, income properties corolla, 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 Interest rates and inflation on the move Buy Now and Save Thousands

Beacon Villas at Corolla Light

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screen-shot-2016-12-15-at-2-09-49-pm

_upFederal Reserve officials raised interest rates for the first time this year and forecast a steeper path for borrowing costs in 2017, saying inflation expectations have increased “considerably” and suggesting the labor market is tightening. Read more…

14 11, 2016

Corolla Light Resort 2016 Video

2017-01-31T18:25:17-05:00Categories: Homes for sale Corolla, homes for sale outer banks, income properties corolla, 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 Corolla Light Resort 2016 Video

Beacon Villas at Corolla Light

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Corolla Light Resort 2016 from chandler spawr on Vimeo.

Come see why Corolla Light has been voted one of America’s Best Resorts. All home owners at Beacon Villas are entitled to all the amenities on offer at Corolla Light. Call Outer Banks real estate agent Chandler (252) 202-9880 or email him at obxhomes@gmail.com.

Click here to view our other Outer Banks real estate development, Devonshire Place. Conveniently located in the heart of Kill Devil Hills, NC, Devonshire Place features new homes and single floor living starting at $290 (homes are sold fully furnished!).

31 10, 2016

Navy training mine washes up on Corolla Beach

2017-01-31T18:23:12-05:00Categories: Homes for sale Corolla, homes for sale outer banks, 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 Real Estate Sales, Uncategorized|Comments Off on Navy training mine washes up on Corolla Beach

Beacon Villas at Corolla Light

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homes for sale corolla ncCOROLLA, N.C. (WAVY) – It’s common for beachgoers to go mining for treasures… but rarely do they find an actual mine!

Corolla Beach Music posted pictures on its Facebook page showing the unusual discovery made in Corolla Monday morning. According to the post, the Navy said it is a training mine and is not active. Apparently officials have already been to the beach to pick it up.

Read the full story on the Outer Banks Voice…

Photo courtesy: Corolla Beach Music

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

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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

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.
Read more here…

18 05, 2016

Outer Banks Housing Market Snapshot

2016-05-18T13:23:55-04:00Categories: 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 Outer Banks Housing Market Snapshot

Outer Banks new homes for sale kill devil hills real estate

corolla obx home for sale

Now is the time to buy your new Outer Banks home!

Corelogic predicts that home prices will appreciate by 5.3% across the country this upcoming year. This is the 49th consecutive month with year over year price gains. Corolla, NC, Outer Banks home sales and construction is up and pending homes sales have reached a new yearly high.

Please click here to view our available Outer Banks homes for sale in Corolla, NC.

22 01, 2016

Dow closes down triple digits; S&P in correction

2016-01-22T13:33:13-05:00Categories: Homes for sale Corolla, HPSLDR, NC, New Homes for Sales Corolla, Outer Banks, Outer Banks Investment Properties, Outer Banks Real Estate Sales, Uncategorized|Comments Off on Dow closes down triple digits; S&P in correction

Screen shot 2016-01-22 at 8.31.59 AMU.S. stocks closed sharply lower Wednesday, pressured by low oil prices, as concerns about global economic slowdown weighed ahead of major earnings reports.

The S&P 500 closed down 2.5 percent, ending below the psychologically key 1,900 level for the first time since Sept. 29. The index fell below that level in intraday trade for the first time since Oct. 2, 2015. Consumer discretionary was the greatest declining sector.

All three U.S. averages closed more than 10 percent below their 52-week intraday highs, in correction territory.

“It started with crude just weakening a little bit. Everyone’s so afraid of this earnings season they’re pre-selling it,” said JJ Kinahan, chief strategist at TD Ameritrade.

He noted selling accelerated as the S&P 500 gave up gains for the day and turned lower in late-morning trade. The VIX also climbed, holding near 25 in the close.

Chatter about stress in the hedge fund community contributed to the selling pressure while traders also noted a certain flight to safety.

Treasury yields fell, with the 10-year yield hitting its lowest since late October and the 2-year yield touching its lowest since mid-December.

Read more…

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