Tag Archives: newport

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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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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US Housing Market News

NBC News just released some very interesting news about the US Housing market. NBC News reports, “The U.S. homeownership rate fell to 63.4 percent in the second quarter of 2015, according to the U.S. Census. That is down from 63.7 percent in the first quarter and from 64.7 percent in the same quarter of 2014. It marks the lowest homeownership rate since 1967.”

So the homeowner rate is the lowest in almost 50 years. How does that affect...

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The NC Aquarium at Pine Knoll Shores

The NC Aquarium at Pine Knoll Shores is fun, fascinating and a must see when visiting the Crystal Coast. TripAdvisor, the world’s largest travel web site rated the NC Aquarium at Pine Knoll Shores as the best aquarium in the state of North Carolina and placed it 12th over-all for the entire United States!

Located just 5 miles west of Atlantic Beach off of HWY. 58, the NC Aquarium at Pine Knoll Shores features Sand tiger sharks, river otters, white loggerhead sea turtle, stingrays, jellyfish, sea...

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Carteret County Public Boat Ramps

The Crystal Coast of North Carolina is blessed to have one of the cleanest and most productive waterways you can find anywhere. As a result there are nine public boat ramps with parking of various sizes scattered all throughout Carteret County that are run and maintained by the NC Wildlife Resources Commission. They can be found in Cedar Island, Salter’s Creek, Cedar Point, Emerald Isle, Newport, Morehead City and Beaufort. All of these boat ramps are free and open to the public. This list does...

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