Days like today remind me that buying a home on the beach is different than buying inland. Hurricane Nicole is off the coast of Florida. When you have that low pressure to the south and the high pressure to our north, the winds along the Outer Banks get extremely gusty. Our marine forecast within 20 miles of the beach is calling for eight to ten foot seas. We might also have gale force north east winds. Buying coastal OBX property is unique for many reasons. This post identifies some of those … Continue reading...
Have we found the market?
A friend recently expressed concern about his vacation home rental income. He told me that he had raised all his weekly rates 15% every year since 2020. In those past years, he was fully booked for the next year by November 1. This year he still has a few weeks available and was concerned. Could he have asked more for those 2020 and 2021 weeks and still booked the entire summer? An argument could be made that he had below market rates those two years since they booked up so quick. This year I … Continue reading...
Outer Banks Vultures
Lately we’ve had a committee of buzzards sitting in the trees near our office in Southern Shores. This is a relatively new phenomenon. Our office has been in this Marketplace Shopping Center location for 20 years and I don’t ever recall seeing this many vultures haunting this locale. The Outer Banks is known for excellent bird sighting but I don't think Outer Banks Vultures are on most birdwatchers' lists of must see birds. The allaboutbirds.org web site states that the Outer Banks is … Continue reading...
Graveyard of the Atlantic Museum
Driving to the Graveyard of the Atlantic Museum can be done in less than two hours from the Northern Beaches. Located just beyond the Ocracoke ferry docks, it’s a perfect distance for a day trip. This is a beautiful, at times, spectacular ride that goes to the southern tip of Hatteras Island. It is a perfect spot for an Outer Banks day trip. See a little about this museum and good places to stop in this post. The Island Divided into the Northern Beaches and Hatteras Island, Oregon Inlet … Continue reading...
OBX Buyers’ Closing Process
So you’ve found the OBX home, you’ve entered into an agreement with the seller, the inspections are complete and your loan has been approved. What’s next? This page will help you better understand the OBX buyers' closing process. Utilities Of course, you don’t want your utilities turned off anytime around the closing. Even if the house will be staying vacant for a few days, you don’t want the refrigerator to warm up or for extreme temperatures to affect the house. With a day or two notice, … Continue reading...
Celebrate your Independence on the OBX
As you can imagine July 4th is the busiest holiday on the OBX. Families and friends will flood to the OBX to celebrate America’s independence and freedom. As you are getting your packing list together for your trip, Scott Team Realty did some research on the best events going on, so you have one less thing to worry about. The holiday really kicks off on July 1st as the weekend starts. American flags will be posted on beach houses, and off of trucks and jeeps. Here are some events to keep an … Continue reading...
How to successfully chase OBX Sunsets
On the OBX many vacationers spend their evenings chasing the beautiful OBX sunsets. Here you can watch the sunset set over water, which can be hard to find in many other east coast locations. Lucky for you the Scott Team Realty did the hard research and is providing you with the best places to watch the Outer Banks sunset: Jockey’s Ridge in Nags Head Jockey’s Ridge is located in Nags Head and is a 427-acre state park with the tallest sand dunes in the eastern United States. While tall sand … Continue reading...
Summer 2022 OBX Take Off
Summer 2022 on the OBX is about to take off. Soon the beach will be full of people enjoying the sun, the surf, and the sand. You’ll smell folks grilling as you drive down the beach road. Families and friends will be gathering together to make memories and enjoy each other’s company. As you count down the days till your beach vacation, we will provide you with some tips on what not to forget. First, what not to forget to bring on your trip When packing for a fun-filled trip to the OBX you … Continue reading...
Vacation Rental Homes on the Outer Banks
Not everyone looking to buy a home in the OBX is looking for their forever home. Many are looking for a rental property. When buyers decide to look for a rental property specifically, there are many additional aspects to consider. These aspects are different than a typical home buying process. The OBX vacation rental market is unique. Therefore, it is important for prospective vacation rental owners to understand the market and their options before making the investment. While Airbnb is … Continue reading...
Making an Offer on an OBX Property in 2022
Recently we listed a home for sale in Duck. In just four days we ended up with eleven offers. Just one of them was for the asking price. The rest were higher. During the time we were receiving offers about half the agents told me that their clients had made offers on two, three or four other houses and had not been able to be the accepted offeror. This certainly is an usual market. It’s unknown how long this will last but if you are serious about purchasing an Outer Banks property now then … Continue reading...