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OBX Realtor | October 2021

www.findobxhomes.com

Sales 2021
Under Contract 2021

Residential Inventory

Down 31%

Residential Sales

Up 22%

Under Contract

Homes / Land

777 units

View August 2021 Report
 
OBAR
 
 
 

If you are an OBX homeowner and would love to know what your “OBX home is worth” in this seller’s market, call us!  

 

We are always happy to provide a CMA (Current Market Analysis) of your home. It's guaranteed to put a smile on your face.

 

IS OCTOBER A GOOD TIME TO VISIT THE OUTER BANKS?

October is truly one of the most peaceful times on the Outer Banks.  You'll be able to unwind and take it slow and still find some exciting things to do. 

 

THIS ALONE IS WORTH A TRIP TO THE OBX!  The Outer Banks Seafood Festival is BACK!   It’s being held October 16th, at The Soundside Event Site in Nags Head.  Live Bands & Entertainment all day for everyone in the family. 

Event Schedule for October 16th, 2021 

MAIN STAGE

 

10:30 a.m. GATES OPEN

 

11:00 a.m. – 12:00 noon – Out ‘N the Cold

 

12:00 noon – Opening Ceremonies

 

12:30 p.m. – Southern English Band

 

1:45 p.m. – Johnny Waters Band

 

3:00 p.m. – No More Room Band

 

4:30 p.m. – The Patriot Band

 

View Event Schedule

 

HOOK ‘EM & COOK ‘EM STAGE

 

11:00 a.m. - Shrimp Demo

Sharon Peele Kennedy

 

11:45 a.m. – Oyster Shucking Demo

Oyster Trail

 

12:30 p.m. – Round Table Discussion:

Chain of Distribution

 

2:00 p.m. – Annual Chef’s Challenge Cook-off

 

3:30 p.m. – Oyster Shucking Demo

Oyster Trail

 

4:00 p.m. – Music with the Buffalo City Moonshiners Band

YES, IT’S A SOLID INVESTMENT

Buying an investment property is no different than looking for that great start up company to invest in except you get to enjoy your investment with your family & friends.   If you are on the “FENCE” about whether to buy an OBX home, I think this information will put you in the hunt for one.   

 

Look at this season’s wrap up of the economic state of the OBX published by Dare County through the Outer Banks Voice.

The tourism dollars continue to flow into Dare County in record numbers in 2021. The July occupancy and meal revenue numbers represented “historic highs,” according to Lee Nettles, Executive Director of the Outer Banks Visitors Bureau, who recapped the Dare County Tourism Board’s September meeting.

 

When it comes to occupancy collections, the July 2021 figure of $159.99 million exceeded what had been the July 2020 record-breaking number of $152.25 million by 5%.  For the year to date overall, the 2021 numbers are up 54% from 2020, but that margin is skewed by the closure of Dare County to visitors for several months last year.

 

And despite the problems that restaurants have had in finding and retaining sufficient staff this summer, the July 2021 meals collections were up significantly over the same month last year – a 49% jump to $55.98 million from $37.53 million in 2020. Again, acknowledging that the margin is bolstered because of Dare County closures in 2020, the year-to-date 2021 meals numbers are up a whopping 75% from 2020.

Bonner Bridge Pier at Oregon Inlet now open

The Cape Hatteras National Seashore, in collaboration with the U.S. Fish and Wildlife Service and North Carolina Department of Transportation opened the Bonner Bridge Pier to the public at 8 a.m. Oct. 1. The 1,046-foot remaining section of the former Bonner Bridge, located next to the south end of the Basnight Bridge, will open as a "fee-free pier", accessible 24 hours a day. 

We are always available 7 days a week to help with your real estate questions, thoughts and needs.  We are NEVER too busy for you or your family & friends.  Please send them our way.  Would you like to know your homes value in this new market?  CALL US!  We did take a few days to go visit our first grandchild, Ada Carolina Shiftan.  We were both in heaven doing what we love best. 

We have some happy buyers and sellers moving in and out this week from Kill Devil Hills to Duck.

Oceanfront sold for $2,700,000  

    

Downtown Duck $785,000

Sanderling in Duck  $775,000    

 

Oyster Point Condo in KDH

sold for $249,000

 
 
 
 
 
 
 
 

Ben Watson

Sandbar Home Inspections

252-455-0410

Do you watch HGTV?   If so, I know you look forward to upgrading your Kitchens, Baths and Flooring and all the things that make our homes pretty.   However, if you are like me, you may miss upgrading some of the unseen basics of the home such as windows, hot water heaters, siding issues, fireplace issues etc.   

 

Our homes are one of the most expensive investments we make in our lifetime and that’s why we highly recommend you have a home inspection every 5 years. It’s surprising to see some of the items that show up that we are unaware of.  Spending a little now to keep your home in tip top shape will save you lots of $$$ down the road.   A typical home inspection cost $600. 

 

Here’s an example of a home inspection report Ben shared with us.   We are always here and happy to set something up for you with Ben, or feel free to call Ben directly, he’s the best!

LOOKING FOR AN OUTSTANDING HOME TO RENT THIS FALL, WINTER, SPRING, SUMMER? 

Located in Kitty Hawk right across the street from the beach access this 5 bedroom / 6 bath home has beautiful unobstructed views of the Atlantic Ocean.  Every bedroom is a Master Suite. Two fireplaces, hot tub, swimming pool, tiki bar with granite countertops, professional ice maker, refrigerator and three TV’s.  Lots of Decks!  You can’t help but have FUN here! 

Check it out here →

LATEST CLIENT REVIEW:

 

" Was a fantastic house, right across from Ocean. Loved the pool, hot tub, outside space and everything!

 

So nice that every bedroom has its own bath. Living room was spacious, and dining table opened up and accommodated our entire group.

 

Lots of fridge space, and 2 separate drink fridges inside, plus a commercial ice maker.

 

Would absolutely book again, host went above and beyond as well.

Thanks for a great stay! "

Kathleen and Alex Argiroff (The Argiroff Group) hope you enjoyed this installment of OBX Realtor.

 
As always if you, a family member or friend are thinking of buying, selling or just want to get an idea of what your property is worth in today’s market don’t hesitate to call, text or email. We always look forward to hearing from you!

Alex Argiroff

REALTOR®

252-202-8148

aargiroff@gmail.com

alex.findobxhomes.com

License # 176145

Kathleen Argiroff

REALTOR®

252-202-8147

kargiroff@gmail.com

findobxhomes.com

License # 216690

 

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*From 2005 to Present | Each office is independently owned and operated.