Nags Head Real Estate - Market Conditions Report - November 2017*

The Nags Head real estate market has shown gains in 2017 in the number of units sold.  Year to date total sales stand at 212, which is up significantly from the 187 homes sold in 2016.*  That's good news.

More good news is that the median sales price has risen steadily from 2014 through 2016.  Nags Head real estate has seen gains of 4% in 2014; another 4% in 2015; and 6% in 2017.*

And then there's 2017...

While the number of home sales in Nags Head has increased, the median sales price has decreased 1%.*  Now, this isn't alarming, given the fact that values have been on a steady march for the past three years.  However, it is worth watching to see if this is an anomaly or a new trend. 

If you're interested in purchasing an oceanfront home for sale in Nags Head, an investment property or a second home, give me a call today at 252.207.1617.  There are many beautiful sections of Nags Head that many visitors are unaware of.  I am happy to show you the incredible beauty of this town, and to assist you with your purchase of Nags Head real estate, so call today and let's get started!    

 *YTD figures are based on information from the Outer Banks Association of REALTORS® MLS for the period January 1, 2017 through November 30, 2017. Historical data from OBAR MLS for the period 1/1/2013 – 12/31/16.

Corolla Real Estate - Market Conditions Report - November 2017*

The Corolla real estate market enjoyed a very healthy fall sales season.  The number of homes sold will certainly exceed 2016 totals when December's report comes out; total sales in both October and November increased over similar month totals in 2016.*

But that's not the real story here...

The real story is in the double digit increase seen in 2017 in median sales value over last year.  Granted, we still need December's numbers to come in, but with 11 months of reporting, the median value of homes in Corolla has increased 12% over 2016 values.  More importantly, this is the highest median sales value to date of any area on the Outer Banks!*

Even the snow can't stop this red-hot market, as 4 homes for sale in Corolla have gone under contract in the last 4 days - two in Whalehead, one in Monteray Shores, and one in Corolla Bay*...

So if you're considering purchasing an investment property, whether it's an oceanfront home for sale in Corolla, a Corolla sound front home for sale, or something in-between, give me a call today at 252.207.1617 and let's get started finding the perfect home to meet your investment needs.

*YTD figures are based on information from the Outer Banks Association of REALTORS® MLS for the period January 1, 2017 through November 30, 2017. Historical data from OBAR MLS for the period 1/1/2013 – 12/31/16; most recent sales data from OBAR MLS for the period 1/4/18 - 1/8/18. 

Corolla Real Estate – Market Report – 9/17*

The Corolla real estate market is thriving!  If you’ve been thinking about purchasing a home for sale in Corolla, you really should get off the fence, as the median sales price year to date in 2017 has increased a whopping 13% over median values in 2016.* Further, while there are still 3 more months to go in 2017, every indication is that we are on track to exceed the number of units sold in 2016.*

Inventory is down, and there are more buyers competing for fewer homes.  I’ve had several instances this year where there were multiple bids on properties, something that hasn’t happened much since the Corolla foreclosure market dried up.  These multiple offers were on non-distressed properties; as I say, there is more competition today for homes in the Corolla real estate market.

If you’re interested in exploring what properties might best serve you and your family’s needs, why not call your Corolla real estate agent Holleay Parcker today at 252.207.1617 and let’s get started finding your perfect Corolla home for sale.   

This representation is based in whole or in part on data supplied by, and to the Subscribers of the Outer Banks Association of REALTORS® Multiple Listing Service.  Information contained herein is deemed reliable but not guaranteed.  Data maintained by the OBAR MLS is for its own use and may not reflect all real estate activity in the market.

*YTD figures are based on information from the Outer Banks Association of REALTORS® MLS for the period January 1, 2017 through September 30, 2017. Historical data from OBAR MLS for the period 1/1/2013 – 12/31/16.

Showing property is the easy part of an Outer Banks real estate agents job; the heavy lifting doesn’t begin until the offer on an Outer Banks home for sale is accepted.  Once we are under contract, the real work begins.  I order every inspection on the property, which typically includes an Obx home inspection, a septic inspection and a pest inspection.  Once the home inspection is completed, I may then need to have other inspections performed, which may include a fireplace inspection, an elevator inspection, an hvac inspection, and a pool/hot tub inspection.  Depending on the results of the home inspection, a licensed Outer Banks builder may be needed to quote repair costs for electrical, plumbing, and roofing.  A new survey must also be ordered.

During the time we are under contract, I am at the property at least a half dozen times, to meet every inspector and to watch as the inspections take place.  I want to be present because more often than not, my Outer Banks buyers cannot be, as they live out of state and their schedules will not permit another trip down. During the inspections, as issues arise, I am on site and can ask questions to gain more clarity about the situation.  Because I’m present, I can ask the inspector’s advice on how best to proceed with the next step if there's an unusual situation.  And I almost always learn something new during each transaction.

Viewing the property multiple times also allows me to notice things about the neighborhood that my buyers and I may not have noticed while showing the home.  As an example, if there are any dogs that bark incessantly, or loose dogs running through the neighborhood, I may run across them.  My frequent trips to the property allow me to see which neighbors are home during the day, and which are not.  All of these things I then report back to my buyers.

It’s pretty rare to find an Obx real estate agent who is willing to go to these lengths for their clients.  Most don’t want to take the time, as it’s not a ‘money-making’ activity.  But as I see it, it’s my job to be my buyer’s eyes and ears.

So when you’re searching for the right Outer Banks real estate agent, be sure to find one who is willing to be present at EVERY inspection.  I am. 

For more information on Outer Banks real estate, call Holleay Parcker, Broker/Owner of Spinnaker Realty LLC today toll-free at 877.207.1617, or visit her website at OuterBanksRealEstateMLS.com.

Interested in an Outer Banks lot for sale?  Then look no further, as this parcel of Corolla real estate is among the finest lots for sale in Ocean Sands.  Located in the newest section of Ocean Sands, called Ocean Lakes, this lot is surrounded by Obx new construction homes that have been built recently.  The curb appeal of these Corolla homes is off the charts, which is why this subdivision has become a favorite among Outer Banks investors and second home owners alike.

Ocean Lakes offers outdoor tennis courts and a large outdoor community pool, both of which are an easy walk from the lot.  The beach is just a stone's throw away as well, since this lot sits just a few lots off the oceanfront.  And the rear of this Corolla lot for sale backs up to common space for added privacy, as well as a beach access for the community, which means that the ocean views here are protected.

Corolla real estate enjoys some of the widest and most beautiful beaches on the Outer Banks, and the Ocean Lakes beaches are certainly no exception.  If you're looking for an Outer Banks lot for sale as an investment, or to build out on over the winter, then you'll want to consider this Ocean Sands lot.  Priced at only $189,900, it's sure to sell quickly, so call Holleay Parcker today at 252.207.1617 for more information. 

Holleay Parcker Awarded 2014 Best of Trulia Top Agent Award

On January 29, 2015 I received the 2014 Best of Trulia TOP AGENT Award. Trulia began recognizing the most successful agents using Trulia last year. This recognition will now become an annual event. 

The factors Trulia used in its calculations were a combination of the number of reviews from past clients; the highest rankings those past clients gave their agents; and the number of buyer and seller side transactions that were completed in 2014 and added to the agent’s profile.

Less than 2% of all agents using Trulia across the nation qualified for this award.

I am honored to be recognized with the 2014 Best of Trulia Top Agent Award.

But real estate is much more than awards and recognition.  My career is really about helping people achieve their Outer Banks real estate dreams.  My job is to assist buyers and sellers with moving forward in their lives – sometimes the next step forward is purchasing an Outer Banks home, and sometimes the next step is to sell the home they have treasured for many years.

Whether beginning a dream or ending one, it is my privilege to meet so many wonderful clients and to walk beside them as they complete their transaction.  At the end of the day, the positive reviews I receive mean far more to me than any award.

So while I appreciate being honored by Trulia, my greatest accomplishments are the reviews from my satisfied clients, because I am fortunate to have the BEST. CLIENTS.  EVER.    

Holleay