Tag Archives: emerald isle

Interesting Turn In Real Estate Market Place

Fannie Mae’s report the , “Weekly Note” which was released this past Friday (11/18/16) shows an interesting, if not fickle housing market in the single family home sector. According to Fannie Mae, “Through the first ten months of the year, single-family starts are 10.0 percent higher than the same period a year ago”. “Single family starts” are new construction of single family dwellings and does not include existing properties. Fannie Mae is a government sponsored...
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June Crystal Coast Real Estate Report

We’ve got to spread the good news! Mortgage rates have nose-dived and are at near historic low levels. The opportunity is now to get interest rates that may not be seen again. Residential property inventory in some of the prime locations along the Crystal Coast are at supply levels not seen in 10 years that make sales conducive for both the seller and buyer. Mortgage Rates In terms of buying a home and getting a 30 year fixed mortgage, now is almost a once in a lifetime...
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Crystal Coast Fishing Report For June 9, 2016

With the concerns of tropical storm Colin gone and a five day forecast of sunny skies and warm temperatures, this upcoming week of fishing promises to be productive for all that head on out! That coupled with the fact that beach water temperatures are now about the same as Gulf Stream waters, fishing catches should produce some large fish in close. But let’s start off on in close from the beach. Surf and pier fishing continues to be very active with catches of spots and sea...
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Crystal Coast Real Estate Market Report May, 2016

Generally speaking, anyone in business or in sales is looking for bigger numbers. But sometimes big numbers can register a “false positive”. Sometimes what you are looking for are smaller numbers. It is in these areas we will look at and see why sometimes less is much, much better when dealing in real estate. But first, let’s take a year over year comparison of the month of May along the Crystal Coast. It proved to be a very...
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Crystal Coast Fishing Report May 23, 2016

Cobia fishing has been one of the hottest fishing topics along the Crystal Coast. These large, great fighting and great eating fish show up this time of year in and around inlets, deep water channels, reefs, bait balls and buoys. There are two basic styles for catching cobia. One is to bottom fish for them using natural baits such as menhaden. The other is to sight cast for them using a variety of artificial lures and soft plastics. The primary hotspots for all of the cobia action...
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Crystal Coast Fishing Report May 9, 2016

It is that wonderful time of year when all types of fishing along the Crystal Coast of Carteret County have started off with a big bang! From Cape Lookout west to Bogue Inlet and from the Atlantic Ocean north to the Neuse River and Pamlico Sound, the fish bite has officially turned on! Listed below are some of the highlights of great catches during Mother’s Day weekend. Beach and Pier fishing With beach water temperatures in the mid-60’s, the Crystal Coast is in the midst of its...
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Real Estate Market Report April 2016

The Crystal Coast real estate market place can finally start using terms like “stable”, “recovered” and “normal” in describing the conditions for both sellers and buyers. This has been a decade in the works but the good news as well as the promise of a better tomorrow have finally arrived. For those in a hurry, here is the short version of how April 2016 played out along the Crystal Coast. There was a total of 1,719 single family...
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July Crystal Coast Real Estate Market Report

The Crystal Coast housing market which for years had been crippled and stymied by a glutted housing market is now on the brink of solid stability. July’s market report shows a constant and consistent improvement in the rate of sales compared to the rate of new listings coming on market. Hold on to your hats, the area is getting primed to explode again!

Housing Inventory

The housing inventory is determined by what is known as the absorption rate. As the name implies, it is a measuring of...

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