OBX News Blog Real Estate - Scott Team Realty, Inc.

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...

Outer Banks Soccer

The Outer Banks has a history of great youth soccer programs. Since 2016 both Manteo and First Flight High School have won state championships. During recent years, when these teams don’t make it to the state final, they often are beaten in the playoffs by a high school team that wins the state championship. This is particularly impressive given the fact that the Outer Banks is competing against schools with kids from national hotbeds for soccer talent like Raleigh and Charlotte. Winning high … 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...

Get OBX Market Exposure

Since 2020, we have seen the housing market explode. Some expected this to fizzle out in 2021, but three months into 2022 and the housing market, especially in the OBX is hot. More importantly, there is a lack of inventory, which is sending prices up. Inventory is down 34% between February 2021 and February 2022. Current inventory in the Outer Banks Association of Realtors’ MLS system is sitting near 700 properties whereas last year it was just over a thousand. Moreover, in March 2020, there … Continue reading...

Outer Banks Vacation Rental Income

Most Outer Banks buyers want to know about the vacation rental income available with a house. That income helps make homes here more affordable. Good rental income is a critical part of the information needed in most buying decisions. This article will help you better understand Outer Banks vacation rental income. Property Management Companies vs. Self management Most OBX vacation rental owners don’t want to be involved with the day to day management of the property. Local … Continue reading...

Affordable OBX Ocean Front

Frequently in the summer we’ll get calls on the little affordable OBX ocean front homes for sale. Many of these smaller ocean front homes located in Kitty Hawk, northern Kill Devil Hills and South Nags Head appear to be priced to sell quickly. Good weather makes the beaches in front of these houses very inviting this time of year. Similar to most investments the pricing of these homes follow the risk versus reward theory. In short, the more risk involved the more reward possible. This post is a … Continue reading...

OBX Buyers’ Closing Process

Outer Banks Soccer

Celebrate your Independence on the OBX

How to successfully chase OBX Sunsets

Summer 2022 OBX Take Off

Vacation Rental Homes on the Outer Banks

Making an Offer on an OBX Property in 2022

Get OBX Market Exposure

Outer Banks Vacation Rental Income

Affordable OBX Ocean Front

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