Outer Banks

/Outer Banks
23 07, 2018

Guaranteed rental income for the next three years on our last three remaining homes!

Categories: Devonshire Place at Bermuda Bay, Devonshire Place Homes for sale, FLOBX, Florida Outer Banks Development, homes for sale outer banks, income properties outer banks, investment properties outer banks, Kill Devil Hills Homes for Sale, Kill Devil Hills New Homes for sale, OBX new homes for sale, Outer Banks, Outer Banks Investment Properties, Outer Banks New Homes for Sale, outer banks real estate rental income, Outer Banks Real Estate Sales, Single Floor Homes for sale Outer Banks|Comments Off on Guaranteed rental income for the next three years on our last three remaining homes!

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Devonshire Place with KEES Vacations is excited to announce guaranteed rental income for the next three years on our last three remaining homes. This a rare opportunity to own your piece of the Outer Banks with the knowledge that you are making a sound investment. St. George / Somerset Projected: $33,567 – $28,531.00. Warwick Projected: $34,649 – $29,451.00. Contact REALTOR Heather Sakers at (252) 599-6814.
3 07, 2018

July Sales Incentive!

Categories: Devonshire Place at Bermuda Bay, income properties outer banks, investment properties outer banks, Kill Devil Hills Homes for Sale, Kill Devil Hills New Homes for sale, OBX new homes for sale, Outer Banks, Outer Banks Investment Properties, Outer Banks New Homes for Sale, outer banks real estate rental income|Comments Off on July Sales Incentive!

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Purchase one of the last remaining units in the month of July and we will pay your H O A for the rest of 2018!

For sales information please contact:
Heather Sakers: Phone: (252) 599-6814
REALTOR, SFR Coldwell Banker Seaside Realty

20 06, 2018

Another Home SOLD! Only 3 Homes Left at Devonshire Place!

Categories: Devonshire Place at Bermuda Bay, Devonshire Place Homes for sale, FLOBX, Florida Outer Banks Development, homes for sale outer banks, investment properties outer banks, Kill Devil Hills Homes for Sale, Kill Devil Hills New Homes for sale, Outer Banks, Outer Banks Investment Properties, Outer Banks New Homes for Sale, outer banks real estate rental income, Outer Banks Real Estate Sales, Single Floor Homes for sale Outer Banks|Comments Off on Another Home SOLD! Only 3 Homes Left at Devonshire Place!

Another Home SOLD! Only 3 Homes Left at Devonshire Place


 

 

20 06, 2018

Report: Two Outer Banks beaches ranked top ten in U.S.

Categories: Corolla Real Estate, Devonshire Place at Bermuda Bay, Florida Outer Banks Development, Homes for sale Corolla, investment properties outer banks, Kill Devil Hills Homes for Sale, Kill Devil Hills New Homes for sale, new construction corolla, new construction corolla nc, New Homes for Sales Corolla, OBX new homes for sale, Outer Banks, Outer Banks Investment Properties, Outer Banks New Homes for Sale, outer banks real estate rental income, Outer Banks Real Estate Sales, rental homes corolla nc, Single Floor Homes for sale Outer Banks|Comments Off on Report: Two Outer Banks beaches ranked top ten in U.S.

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OUTER BANKS, N.C. – If you think that the beaches in the Outer Banks are the best, then you may be right, and there is at least one website that agrees.

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:

  1. Kapalua Bay Beach, Maui, Hawaii
  2. Ocracoke Lifeguard Beach, Outer Banks of North Carolina
  3. Grayton Beach State Park Florida panhandle
  4. Coopers Beach, Southampton, New York
  5. Coast Guard Beach, Cape Cod, Massachusetts
  6. Lighthouse Beach, Buxton, Outerbanks of North Carolina
  7. Caladesi Island State Park Dunedin/Clearwater, Florida
  8. Hapuna Beach State Park, Big Island, Hawaii
  9. Coronado Beach, San Diego, California
  10. Beachwalker Park Kiawah Island, South Carolina

Read article at wtkr.com

 

18 05, 2018

Mortgage rates are surging to the highest level in 7 years

Categories: Devonshire Place at Bermuda Bay, FLOBX, Florida Outer Banks Development, homes for sale outer banks, income properties outer banks, investment properties outer banks, Kill Devil Hills Homes for Sale, Kill Devil Hills New Homes for sale, OBX new homes for sale, Outer Banks, Outer Banks Investment Properties, Outer Banks New Homes for Sale, outer banks real estate rental income, Outer Banks Real Estate Sales, rental homes corolla nc, Single Floor Homes for sale Outer Banks|Comments Off on Mortgage rates are surging to the highest level in 7 years

Waiting can cost you thousands! Buy now and save at Devonshire Place!

  • 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.
  • Tuesday’s move follows positive economic data in retail sales, suggesting that newly imposed tariffs would not hit sales as hard as expected.
  • The surge in rates could not have come at a worse time for the spring housing market.

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.

Read more here…

3 05, 2018

Another Home Sold at Devonshire Place – Only 5 left!

Categories: Devonshire Place at Bermuda Bay, FLOBX, Florida Outer Banks Development, investment properties outer banks, Kill Devil Hills Homes for Sale, Kill Devil Hills New Homes for sale, NC, OBX new homes for sale, Outer Banks, Outer Banks Investment Properties, Outer Banks New Homes for Sale, outer banks real estate rental income, Outer Banks Real Estate Sales, rental homes corolla nc, Single Floor Homes for sale Outer Banks|Comments Off on Another Home Sold at Devonshire Place – Only 5 left!

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25 04, 2018

Outer Banks Ranks #1 in Best Family Beach Vacations in the USA!

Categories: Corolla Real Estate, Devonshire Place at Bermuda Bay, FLOBX, Florida Outer Banks Development, new construction corolla, new construction corolla nc, New Homes for Sales Corolla, OBX new homes for sale, Outer Banks, Outer Banks Investment Properties, Outer Banks New Homes for Sale, outer banks real estate rental income, Outer Banks Real Estate Sales, rental homes corolla nc, Single Floor Homes for sale Outer Banks, SunSaltAire, Uncategorized|Comments Off on Outer Banks Ranks #1 in Best Family Beach Vacations in the USA!

Outer Banks Ranks #1 in Best Family Beach Vacations in the USA!

Outer Banks voted #1 in Best Family Beach Vacations in the USA by U.S. News & World Report®!



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.

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11 04, 2018

Spring Fever Sales Incentive!

Categories: Devonshire Place at Bermuda Bay, Florida Outer Banks Development, homes for sale outer banks, income properties outer banks, investment properties outer banks, Kill Devil Hills Homes for Sale, Kill Devil Hills New Homes for sale, OBX new homes for sale, Outer Banks, Outer Banks New Homes for Sale, Outer Banks Real Estate Sales, Single Floor Homes for sale Outer Banks, Uncategorized|Comments Off on Spring Fever Sales Incentive!

 

30 03, 2018

Act Now! Home prices are on the Rise

Categories: Corolla Real Estate, Devonshire Place at Bermuda Bay, FLOBX, Florida Outer Banks Development, income properties corolla, income properties outer banks, investment properties outer banks, Kill Devil Hills New Homes for sale, new construction corolla, new construction corolla nc, New Homes for Sales Corolla, OBX new homes for sale, Outer Banks, Outer Banks Investment Properties, Outer Banks New Homes for Sale, Outer Banks Real Estate Sales, rental homes corolla nc, Single Floor Homes for sale Outer Banks|Comments Off on Act Now! Home prices are on the Rise

Home prices in the U.S. started 2018 on the rise, outpacing the rate of economic growth.

Standard & Poor’s said Tuesday that its S&P CoreLogic Case-Shiller national home price index reported a 6.2% annual gain in January, down slightly from 6.3% in December. The 20-city composite rose 6.4% from a year ago, and after seasonal adjustment it posted a 0.8% month-over-month increase, beating analysts estimates of 0.6%. Low inventory of homes for sale continued to drive prices.

“Since the market bottom in December 2012, the S&P Corelogic Case-Shiller National Home Price index has climbed at a 4.7% real – inflation adjusted – annual rate,” said David M. Blitzer, managing director and chairman of the Index Committee at S&P Dow Jones in a press statement. “That is twice the rate of economic growth as measured by the GDP. While price gains vary from city to city, there are few, if any, really weak spots.”

Seattle, yet again, led the 20-city index, up 12.9% in January from a year ago. Las Vegas and San Francisco followed, up 11.1% and 10.2%, respectively.

Blitzer noted that it will take 3.4 months to absorb homes for sale, far below the average since 2000 of six months and the high in July 2010 of 11.9 months. He also contributed price increases to low vacancy rates among owner-occupied housing.

“Currently, the homeowner vacancy rate is 1.6% compared to an average of 2.1% since 2000; it peaked in 2010 at 2.7%,” he said.

By Amanda Fung

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15 02, 2018

Act now before interest rates continue to go up!

Categories: Corolla Real Estate, Devonshire Place at Bermuda Bay, FLOBX, Florida Outer Banks Development, Homes for sale Corolla, homes for sale outer banks, income properties corolla, income properties outer banks, investment properties outer banks, Kill Devil Hills New Homes for sale, new construction corolla, new construction corolla nc, New Homes for Sales Corolla, OBX new homes for sale, Outer Banks, Outer Banks Investment Properties, Outer Banks New Homes for Sale, Outer Banks Real Estate Sales, rental homes corolla nc, Single Floor Homes for sale Outer Banks|Comments Off on Act now before interest rates continue to go up!

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Act now! Mortgage rates rise to nearly four-year high on inflation concerns

Freddie Mac says benchmark rate is highest since April 2014


Mortgage rates have climbed to the highest level in close to four years, according to data released Thursday.

The 30-year fixed-rate mortgage averaged 4.38% in the week ending Feb. 15, up from 4.32%, mortgage buyer Freddie Mac said.

A year ago, the benchmark mortgage averaged 4.15%.

The 15-year fixed-rate mortgage averaged 3.84%, up from 3.77%, and the 5-year Treasury-indexed hybrid adjustable-rate mortgage averaged 3.63%, up from 3.57%.

The backup in rates has occurred on concerns about rising inflation pressure, with the latest increase coming after a stronger-than-forecast gain in consumer prices.

“Inflation measures were broad-based, cementing expectations that the Federal Reserve will go forward with monetary tightening later this year,” said Len Kiefer, deputy chief economist.

Fellow mortgage buyer Fannie Mae said it’s upped its 30-year fixed rate mortgage forecast for the fourth quarter by 30 points to 4.4%.

“However, we don’t expect rates to play much of a role in total home sales, especially with anticipated stronger disposable household income growth. The ongoing inventory shortages should continue to constrain sales despite otherwise ripe home buying conditions,” said Doug Duncan, Fannie’s chief economist, in a statement.

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