Outer Banks, NC – January 27, 2012 – (RealEstateRama) — It’s that time of the year again for Outer Bank real estate owners. With the 11th of February – the designated date for the 27th Annual Oyster Feast in Outer Banks, North Carolina – fast approaching, residents are pitching in and doing the best they can to make 2012’s sumptuous oyster festival more spectacular than ever. more »

EUGENE, OR – January 24, 2012 – (RealEstateRama) — Outer Banks MLS (OBMLS) listings are now seamlessly integrated onto the website supported by IDX, Inc. and hosted by agent John Dean. Southern Shores, North Carolina area properties, combining real estate listings from the surrounding states, once required a complicated and time consuming online property search. Now, potential buyers can efficiently and effectively scan OBMLS listings from the convenience of the website Dean hosts OBMLS property listings have never been so accessible via an online real estate search. more »

For Immediate Release: Kill Devil Hills, NC – Red Sky Realty Group, www.redskyrealty.com, a consumer driven, technology focused North Carolina real estate brokerage based on the Outer Banks is pleased to announce a new member to our Outer Banks real estate office, Mike Bishel.

Mike comes to Red Sky Realty Group with years of Outer Banks real estate experience. Mike’s years of experience include numerous satisfied clients. His strong work ethic and quick response to client’s concerns have earned him a tremendous reputation and the good will of referral business.

Ian Lazarus, President of Red Sky Realty Group says, “We at Red Sky Realty Group are pleased to have a North Carolina real estate broker of Mike’s caliber join us. We are fortunate anytime we can add someone with Mike’s reputation for service to our company.”

In addition to years of real estate experience, Mike has built a strong presence on the Internet and across social networks. You can visit his website, www.obxreconsultant.com or take a moment and visit his YouTube Channel, Facebook Page, or LinkedIn profile.

Mike Bishel is experienced with Outer Banks foreclosures, investment homes, short sales, & commercial real estate. You can reach Mike at 252-207-4554 or mike(at)obxreconsultant.com or on his website, www.obxreconsultant.com

Outer Banks, NC – January 3, 2012 – (RealEstateRama) — Outer Banks Real Estate headed by Bill Holt shares the new about the upcoming Frank Stick Memorial Show, an event that every artist and anyone who appreciates art should anticipate. This event will be held at Glenn Eure’s Ghost Fleet Gallery on January 28 up to February 24, 2012 from 10:00 am until 5:00 pm. more »

Outer Banks, NC – December 28, 2011 – (RealEstateRama) — Outer Banks Real Estate headed by REALTOR Bill Holt reports about the coming Annual Membership Run of the Outer Banks Running Club. The event will be held on Kill Devil Hills Skateboard Park, off Veterans Drive across from First Flight High School and happen on January 14, 2012 at 9:00 am. more »

Outer Banks, NC – December 20, 2011 – (RealEstateRama) — This is the third year in a row with increased real estate sales across all sectors of the Outer Banks real estate market from the low end properties all the way up to oceanfront real estate.

The absorption rate for Outer Banks oceanfront real estate is now at 1.5 years. This means that there is 1.5 years of real estate inventory currently for sale. There are currently 245 houses, condos and vacant oceanfront lots currently for sale. If the Outer Banks real estate market maintains it’s current rate of sales it will take 18 months to sell everything.  more »

December 20, 2011 – (RealEstateRama) — Hatters Island, on the south end of the Outer Banks, is in the middle of an oceanfront home shortage. No need to worry though, because the shortage is only  because there are not enough oceanfront houses for sale to accomadate all of the potential buyers. Despite the best efforts of the media to scare everyone away from the real estate market, Hatteras Island is experiencing a boom in the sales of oceanfront single family homes resulting in the shortage. more »

Making a Real Estate Career Change

December 20, 2011 – (RealEstateRama) — During the launch of our new commission plan, I tried to take the perspective of someone considering our new program.  I came to think the biggest obstacle many North Carolina Realtors will face is the problem of joining a company that is new.  Red Sky Realty Group does not have a 30 year track record. (Though we do have over 40 combined years of real estate sales experience.)  Though change can be scary it can often work out for the better.  I came across an interesting look at change in business from Richard Branson. more »

Outer Banks, NC – December 19, 2011 – (RealEstateRama) — For those interested in selling their Kill Devil Hills oceanfront home, right now is not a bad time to give it a try. Jumbo loans are available and there are plenty of people with down payment money and good credit who are looking to do something with their money. The conventional wisdom of investing in the stock market is starting to lose favor among a lot  people with the stock market becoming too scary for a lot of people, especially after watching stock holdings evaporate overnight. more »

Outer Banks, NC – December 17, 2011 – (RealEstateRama) — You don’ t see a whole lot of turnover along the Southern Shores oceanfront. People who own beachfront homes in Southern Shores tend to hold onto their properties longer than their contemporaries in most of the other areas of the Outer Banks. There is also a larger proportion of second home owners vs rental property owner amongst the Southern Shores property owners and with the the oceanfront lots in Southern Shores being twice as wide as anywhere else around resulting in half as many lots along the Southern Shores beachfront. (most oceanfront lots measure 50 feet wide and Southern Shores lots measure 100 ft. wide) more »

Outer Banks, NC – December 16, 2011 – (RealEstateRama) — After showing thousands of vacation rental homes on the Outer Banks to prospective buyers over the past 22 years there are some common traits that become obvious. One of these common denominators is the condition of the house. While trying to maximize the rental income their investment generates they cut back on repairs and only preform the items necessary to maintain a home. more »

Outer Banks, NC – December 15, 2011 – (RealEstateRama) — The recession seems to be affecting different segments of the population differently. While all we ever hear about are the people who lost their jobs and who lost their houses and trashed their credit we never seem to hear about the vast majority of people who still have jobs, still have credit and managed to not borrow more than they could afford. These clever folks have managed to stay on the sidelines waiting for the smoke to clear so they could see when it was time to take advantage of the decline in real estate prices brought on by a minority of Americans. more »

Outer Banks, NC – December 15, 2011 – (RealEstateRama) — To calculate the absorption rate for beachfront homes sales in the OBX vacation destination of Corolla you have to figure the amount of time it will take to sell off all the available real estate  inventory. In Corolla there are currently 34 oceanfront houses for sale. The number of beachfront houses sold in the past 12 months was a total of 27 single family homes. With 34 oceanfront homes currently for sale it,  will take 1.3 years to sell all of the Corolla beachfront homes currently for sale. Considering at least 25% of the available houses for sale are overpriced by a seller who refuses to face reality we are actually in a short supply of properties. As 2011 is coming to a close there has been a rush of buyers picking up deals on the Corolla oceanfront. more »

Outer Banks, NC – December 8, 2011 – (RealEstateRama) — Despite the constant battles between liberal and conservative news outlets they have united under one banner for a common cause. With their combined influence over the American public they have set out to make sure this recession does not end anytime soon. Crazy, isn’t it? more »

Outer Banks, NC – December 8, 2011 – (RealEstateRama) — The Kitty Hawk real estate market is humming right along even with all the negative propaganda we seel on TV. In this year so far from Jan 1 to October 8, 2011 there have been 72 closed real estate transactions. This is just in Kitty Hawk. more »