Archives

Outer Banks, NC - December 13, 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 <a title="Corolla beachfront homes for sale"

The economy, or lack thereof, is continuing to suppress the sale of high end properties across the Outer Bank of North Carolina. The first...