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Waves Real Estate - Just Sold in Wind Over Waves

by Holleay Parcker

WAVES REAL ESTATE - Just Sold - $480,000

Waves real estate offers a wide variety of homes to choose from, running from the ocean to the sound.  This home for sale in Waves is a 7 bedroom, 7 1/2 bath home built in 2002, and is located in the upscale subdivision of Wind Over Waves at 26150 N. Sand Dollar Ct.  It enjoys panoramic sound views from every floor.  Wind Over Waves is a favorite with renters and owners alike, and homes here consistently generate excellent rental income.  

Waves Real Estate - 26150 N. Sand Dollar Court

The open great room is beautifully furnished and overlooks the sound.  The sunsets here are truly amazing.  There is a sound view from the living room, dining room, and kitchen.

Waves Real Estate - Custom Kitchen Cabinetry and Silestone Counters   Waves Real Estate - Spacious Living Room

The private, outdoor pool is huge, and boasts fiber optic lighting.  There's tons of concrete surround, so everyone can enjoy pool time together.  You won't want to come inside.

Waves Real Estate - Huge Private Outdoor Pool

There's a reason so many buyers prefer Hatteras Island real estate - the natural beauty here is unparalleled to anywhere else on the Outer Banks.  There are a number of wonderful sound front homes for sale in Waves; if you prefer being on the ocean, then browse the oceanfront homes for sale in Waves.  Have questions about owning Hatteras Island real estate?  Call your Outer Banks real estate agent Holleay Parcker, Broker/Owner of Spinnaker Realty today at 252.207.1617 and you'll have all of your questions answered promptly and professionally.  

Waves Real Estate - Just Listed!

by Holleay Parcker

Waves Real Estate - Just Listed - 25242 N. Wimble Shores Road $369,900

If you're an Outer Banks buyer who's interested in purchasing Waves real estate, look no further than 25242 N. Wimble Shores. This 3 bedroom, 2 bath home was built in 2015, and fabulous ocean views!  Located just 3 lots off the ocean, this custom built home for sale in Waves will please the most discerning buyer.

Waves Real Estate - 25242 Wimble Shores North  

Built with outdoor living in mind, you'll enjoy the covered wrap around decks, the screened in porch, and the rear sun deck.  Underneath the house, there's a large one car garage with tons of storage, a carport tall enough to accomodate your boat, and an extra concrete area to enjoy cookouts.

Waves Real Estate - Screened Porch

Only used as a second home, this Hatteras Island home for sale is truly better than a new construction Outer Banks home as the sellers have added so many extras - such as hurricane shutters, a fully floored attic that could easily be converted into a wonderful game room, custom closets, and much more. 

Inside, you'll find a gourmet chef's kitchen, with beautiful granite counter tops and stainless steel appliances.  The island is perfect for preparing your meals, and provides additional seating at the bar.  The dining area enjoys panoramic ocean views, and the living room boasts a soaring, beamed  cathedral ceiling.  Wood-patterned ceramic tile completes the look.

Waves Real Estate - Custom Kitchen With Upgraded Cabinetry      Waves Real Estate - Dining Area Has Beautiful Ocean Views

The master bedroom is spacious, with a door leading onto the sun deck, and the master bath has a custom tile shower and tile floors. 

Waves Real Estate - Spacious Master Bedroom    Waves Real Estate - Custom Tiled Shower

There's so much more to this fabulous home that you really must view it in person to fully appreciate how high the quality of construction is.  If you're interested in purchasing Hatteras Island real estate, call your Outer Banks real estate agent Holleay Parcker, Broker/Owner of Spinnaker Realty LLC today at 252.207.1617 for more information on this beautiful home.  Browse all homes for sale in Waves, and feel free to ask me any questions you have on the listings that interest you!

 

Corolla Real Estate - Market Conditions Report - September 2017*

by Holleay Parcker

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.

Corolla Real Estate - Market Conditions Report - August 2016

by Holleay Parcker

I’m frequently asked how the Corolla real estate market is doing.  From the chart below, you can see that the median sales price of residential home sales in Corolla year to date in 2016 is lower than it has been since 2012.  With historically low interest rates AND low values, now is a great time to consider purchasing Corolla homes for sale.

Further, we are now entering our annual sales cycle that benefits buyers.  You see, in the spring, before the rental season begins, sellers can command a higher price for their Corolla home, because the buyer will receive the full year’s income.  In the fall, however, Outer Banks sellers have received the income on their Corolla investment property for the year, and typically discount the sales price for this reason. 

Additionally, buyers interested in purchasing Corolla real estate need to be aware of the fact that our market is changing.  We are experiencing the lowest levels of inventory in recent years, and as a result, properties that are priced to the market are selling quickly.

So, let’s review why NOW is an excellent time to buy an investment property for sale in Corolla:

  1.  Historically low interest rates
  2.  Lower median sales price
  3.  Overall, the fall is a buyer’s market, whereas the spring is a seller’s market
  4.  The market is changing from a buyer’s market into a seller’s market, with low inventory, and priced right properties are selling quickly

Of course, there are different subsections of the Corolla real estate market.  Buyers who are considering purchasing a Corolla oceanfront home for sale have different questions and issues to address than those who are looking to buy a Corolla soundfront home for sale.  And the many differences that exist between those two types of purchases are simply beyond the scope of this discussion.

As your Outer Banks real estate agent, I’m happy to answer your questions and provide you with the information you need to make an informed decision.  Call me today at 252.207.1617 to discuss your real estate needs, whether you’re buying or selling.  

 

Corolla Real Estate - Market Conditions – August 2016*

 

Residential Units Sold

 

Jan

Feb

Mar

April

May

June

July

Aug

Sept

Oct

Nov

Dec

YTD

2012

12

13

26

14

22

20

12

15

9

19

29

12

204

2013

11

11

17

23

19

14

12

16

5

19

16

16

179

2014

9

9

12

17

16

19

12

15

20

13

11

24

177

2015

17

14

17

21

18

30

16

17

19

10

16

21

216

2016

18

11

14

25

26

25

17

21

 

 

 

 

157

 

 

Year

Median Sale Price

Percent Change

2012

$500,000

-5%

2013

$480,000

-4%

2014

$470,000

-2%

2015

$493,950

5%

2016

$460,000

-7%

 

 *2016 numbers reflect Year to Date values

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, 2016 through August 31, 2016. Historical data from OBAR MLS for the period 1/1/2012 – 12/31/15.

 

 


 

 

   

Outer Banks Real Estate Agents Should Be Present For Every Inspection

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.

 

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Photo of Holleay Parcker Real Estate
Holleay Parcker
Spinnaker Realty LLC
4012 Creek Road
Kitty Hawk NC 27949
252.207.1617