Your OBX Real Estate Advisors!

Our blog is a wealth of information, covering everything from local OBX market statistics and Outer Banks home values to community happenings. We care about the community and want to help you find your place in it. Please reach out if you have any questions at all. We’d love to talk with you!

Sept. 20, 2023

Outer Banks Dinning - Woo Casa

Woo Casa Kitchen in Nags Head, NC: A Midday Culinary Haven Inspired by Home

Tucked away in the scenic stretches of Nags Head, North Carolina, is a culinary gem that's been garnering accolades and winning hearts: Woo Casa Kitchen. But this isn't just any restaurant. This establishment has a story, an inspiration, and a philosophy that resonates deeply with its patrons.

Lunchtime Delight:

Diverging from the typical dining schedule of many eateries, Woo Casa Kitchen has chosen to specialize and shine during the day, serving patrons exclusively for lunch. This decision has turned lunchtime into an anticipated event for locals and visitors alike.

Local-Inspired Specialties:

The restaurant's menu is a delightful reflection of Nags Head's local flavors with a unique twist. Among their mouth-watering selections, the bowls stand out, bursting with a vibrant array of ingredients and flavors. Each bowl, meticulously crafted, showcases the rich bounty of the region, while the fusion of Spanish and Asian influences adds layers of complexity and surprise to every bite.

A Philosophy Rooted in Home:

"It's food from our own house." This logo isn't just a statement; it's a promise. Every dish at Woo Casa Kitchen embodies the warmth, care, and authenticity that you'd expect from a home-cooked meal. Inspired by their daughter, Julien, Katie, and Aaron have infused love and dedication into every recipe, ensuring that each plate feels like a culinary hug.

The Masterminds Behind the Magic:

Katie and Aaron, the visionary duo behind Woo Casa Kitchen, aren't newcomers to the culinary scene of the Outer Banks. Having spent over 20 years gracing some of the best restaurants on the beach with their talent, they've culminated their experiences, insights, and passions to birth Woo Casa Kitchen. Their expertise shines through, but it's their mission to create "food that lifts you up to feel good" that truly sets them apart.

Fusion at its Finest:

Blending the rich, spicy notes of Spanish cuisine with the intricate, umami-packed layers of Asian dishes, Woo Casa Kitchen offers a dining experience that's both novel and nostalgic. Every dish is a journey, taking patrons across continents while still reminding them of the comforting embrace of home.

In Conclusion:

Woo Casa Kitchen is more than just a restaurant; it's a testament to passion, dedication, and the magic that unfolds when two culinary maestros decide to share the flavors of their home. If you find yourself in Nags Head, make sure your lunch plans lead you to Woo Casa Kitchen. You'll leave not just with a satiated appetite but with a heart full of memories.

 

Woo Casa Website

 

Posted in Dining, Things to Do
Sept. 16, 2023

Benefits of Owning Vs. Renting Your Vacation Home

Imagine waking up to the sound of crashing waves and the salty breeze of the ocean every morning. Owning a vacation home can turn this dream into reality, but is it the right choice for you? Today we'll explore the benefits of owning versus renting your vacation home and help you make an informed decision. 

 

 

 

 

Home Away from Home

 

Owning a vacation home means you have a second home to call your own. You can personalize it to your liking, and it becomes a familiar, comfortable space where you can escape from the stresses of everyday life. Additionally, When you rent a vacation home, you're often competing with others for availability during peak seasons. When you own your vacation home, it's always available when you want to use it. No need to worry about booking conflicts or sold-out dates. This also means you can make a quick weekend trip to enjoy the beach if you’d like! 

 

Potential Rental Income

 

Getting to use your vacation home at any time is one thousand percent a perk. However, when you are not using the home another perk is the ability to make additional income. Whether it is one week out of the summer or the entire winter, there is the ability and opportunity for vacationers to rent your home when you are not there! This is often a huge benefit to those looking to invest in the Outer Banks real estate market. It is the best of both worlds! 

 

Future Retirement Retreat: 

 

When you own your vacation home, you have the ability to create lasting memories for your family in this home. It can and will become a safe haven for you, your spouse, your children and generations to come. 

 

While owning a vacation home offers numerous advantages, it's important to consider the responsibilities that come with it, such as maintenance, property management, and associated costs. Before making a decision, evaluate your financial situation, travel habits, and long-term goals to determine whether owning or renting aligns better with your needs and preferences.

 

In conclusion, owning a vacation home provides a sense of ownership, consistency, potential income, and long-term benefits that renting cannot offer. We want to help you live your dream and escape the city to the magical Outer Banks. If you are interested in our little slice of heaven, get in contact with us!! 

 

 

Posted in Home Owners
Sept. 12, 2023

Recent Market Update

Recent Market Update

 

In this market update, we’ll delve into some key statistics that shed light on the current state of real estate in the Outer Banks. Additionally, we will discuss why the market is looking the way it is and some common themes we are seeing. 

 

With just 53 days on the market year-to-date, a median sales price of $559,449, 1,415 sold listings YTD, and 546 homes available, the Outer Banks real estate market is moving at lightning speed. We've seen changes in the number of homes available. This is only a small window into what is happening with the OBX market! 

 

 

You might be asking yourself...

 

What is fueling the Outer Banks real estate boom? 

 

Well, several factors contribute to the Outer Banks' status as a highly desirable real estate market. Including but not limited to: 

 

Outer Banks Natural Beauty: The OBX area is renowned for its stunning natural landscapes. 

 

OBX Recreational Opportunities: Outdoor enthusiasts flock to the Outer Banks for its water sports, fishing, hiking, and biking options. 

 

Family's love OBX: OBX is known for its strong sense of community. Many residents are proud of their local culture and history. Our close-knit community attracts families looking for a wholesome environment to raise their children. 

 

Outer Banks Real Estate Investment Potential: Another notable aspect of the Outer Banks real estate market is its investment potential. With the increase in remote work and the desire for second homes, properties in this area offer more than just a beautiful place to live; they can be a source of income. Vacationing when you want but also bringing in additional income when you are away for the winter. 

 

The OuterBanks real estate market is undoubtedly hot. Both buyers and sellers have opportunities in this dynamic market. 

 

For sellers, this is a great time to list your property, but pricing it competitively and presenting it well is crucial for success.

 

For buyers, while the market may be competitive, with the right preparation and the assistance of a great real estate team, your dream of owning a piece of Outer Banks paradise can become a reality. 

 

As always, real estate markets can change, so staying abreast of the changing information and being adaptable is key. Whether you’re looking to buy or sell, the Outer Banks’ unique charm and real estate potential make it an exciting and worthwhile endeavor. 

 

*Based on information from the Outer Banks Association of REALTORS MLS for the period 7/1/23 - 7/31/23.

 

Posted in Market Updates
June 12, 2023

Real Estate Is Still Considered the Best Long-Term Investment

Real Estate Is Still Considered the Best Long-Term Investment




With all the headlines circulating about home prices and rising mortgage rates, you may wonder if it still makes sense to invest in homeownership right now. A recent poll from Gallup shows the answer is yes. In fact, real estate was voted the best long-term investment for the 11th consecutive year, consistently beating other investment types like gold, stocks, and bonds (see graph below):

If you’re thinking about purchasing a home, let this poll reassure you. Even with everything happening today, Americans recognize owning a home is a powerful financial decision.

Why Do Americans Still Feel So Positive About the Value of Investing in a Home?

Purchasing real estate has typically been a solid long-term strategy for building wealth in America. As Lawrence Yun, Chief Economist at the National Association of Realtors (NAR), notes:

“. . . homeownership is a catalyst for building wealth for people from all walks of life. A monthly mortgage payment is often considered a forced savings account that helps homeowners build a net worth about 40 times higher than that of a renter.”

That’s because owning a home grows your net worth over time as your home appreciates in value and as you pay down your mortgage. And, since building that wealth takes time, it may make sense to start as soon as you can. If you wait to buy and keep renting, you’ll miss out on those monthly housing payments going toward your home equity.

Bottom Line

Buying a home is a powerful decision. So, it’s no wonder so many people view real estate as the best long-term investment. If you’re ready to start on your own journey toward homeownership, let’s connect today.

Dec. 13, 2022

5 Coffee Places In Outer Banks You Need To Try Today

coffee


The Outer Banks is one of the best areas for coffee and dining, with a wide range of options that can suit the whole family.

The emerging coffee scene in the Outer Banks has been great to see, and there are many excellent local businesses that have seen considerable growth in the area. 

Finding the best cup of coffee can be challenging, but as an Outer Banks real estate expert, we know all the great spots! So here are some of the best coffee shops to try in the Outer Banks!

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Posted in Dining, Things to Do
Dec. 12, 2022

4 Things To Know About Outer Banks Home Maintenance

home repair


One of the best things about living in the Outer Banks is getting to experience the different seasons. 

The Outer Banks sees glorious balmy summers and a cozy fall season that visitors and residents love. However, the winter season is not always the easiest in the Outer Banks, which is why it’s so crucial to ensure that home maintenance takes the seasons into account. As an expert real estate company in the Outer Banks, we know the importance of maintenance for real estate properties in the area and their unique needs. With the right home maintenance plan in place, you can ensure that your property can withstand the seasons and remain sellable year-round. Here are some key things to know about maintaining your home in the Outer Banks.

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Posted in Home Owners
Dec. 12, 2022

OBX Dining

restaurant


When it comes to the variety of food and eating-out options, Outer Banks beats every other part of the country!

Food is one thing that keeps many of us excited about a place. Whether it is about a vacation or finding a perfect home in a town, food remains a constant criterion of evaluation for all aspects of life. Gladly, Outer Banks does not disappoint us when we look out for eating options. This region is full of restaurant choices offering different cuisine and acing their game.

If you happen to be in the region or are planning to buy a home, here are the key restaurants in the area you must dine in:

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Posted in Dining, Things to Do
Dec. 12, 2022

3 Tips To Get The Most From Your Outer Banks Property Investment

real estate investment property


The Outer Banks area has consistently proven itself to be one of the top areas for investing in real estate with consistent returns.

Not only is the natural beauty of the area stunning, but the great selection of properties means that there is a serious opportunity for return on investment. 

With strong planning and research, it is possible to earn a second income from a rental property in the Outer Banks and create a consistent income stream. But how do you get the most out of your investment in a property located in the Outer Banks? We’ll give you some of the top tips and information to help you in the research and investment process for a home in the Outer Banks. 

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Posted in Investors
July 31, 2017

Curious About Local Real Estate?

Receive the Latest Local Market Stats

Curious about local real estate? So are we! Every month we review trends in our real estate market and consider the number of homes on the market in each price tier, the amount of time particular homes have been listed for sale, specific neighborhood trends, the median price and square footage of each home sold and so much more. We’d love to invite you to do the same!

Get Local Market Reports Sent Directly to You

You can sign up here to receive your own market report, delivered as often as you like! It contains current information on pending, active and just sold properties so you can see actual homes in your neighborhood. You can review your area on a larger scale, as well, by refining your search to include properties across the city or county. As you notice price and size trends, please contact us for clarification or to have any questions answered.

We can definitely fill you in on details that are not listed on the report and help you determine the best home for you. If you are wondering if now is the time to sell, please try out our INSTANT home value tool. You’ll get an estimate on the value of your property in today’s market. Either way, we hope to hear from you soon as you get to know our neighborhoods and local real estate market better.

Posted in Market Updates