Nags Head Real Estate Market-at-a-Glance for January – November 2015

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How would you like to live in a town that has its own legend?  There are not many areas where this is even possible, but if you buy a home in Nags Head, North Carolina you will be one of the lucky few.

Back in the 1700’s, the Outer Banks was home to land pirates known as “bankers.”  They would take a horse onto the dunes and hang a lantern from its head.  Ships out at sea would see the light bobbing around and think it was another vessel.  This would bring them closer to the shore where they would run aground and allow the pirates to run out and steal the cargo.  A horse is also called a nag, hence the lantern was hung from the nags head and the name for the area just stuck.

You too can be part of this rich history by purchasing a second home, vacation rental investment, retirement home, or primary residence in Nags Head.  The town has all the amenities you could ever want no matter which path you take for your home.  It is still possible to enjoy an entire summer’s worth of vacation rental bookings or full season of sun and sand yourself if you act quickly.

Nags Head is renowned for having some of the best beaches on the east coast.  Many thousands of people flock to the area for swimming, kayaking, paddle boarding, and surfing from May to October.  The Outer Banks Pro Surfing Competition, part of the World Surf League, is held in Nags Head every summer.

Besides the beach, Nags Head is also home to some of the most popular tourist attractions on the entire Outer Banks.  Jockey’s Ridge State Park and Jennette’s Pier both draw visitors from far and wide all year long.  Other seasonal attractions include a rope’s course, miniature golf, go karts, and laser tag provide adventure and excitement for residents and vacationing families.

Nags Head is also one of the most accessible towns along the Outer Banks as it is located at the eastern end of the Washington Baum Bridge.  It is also not very far from the Wright Memorial Bridge which is the other Outer Banks main access point.

Being situated near those two bridges cannot be discounted if you are thinking of purchasing a property to be used as a vacation rental.  Your renters will also be excited to be so close to other area attractions including the NC Aquarium, Hatteras Island, Roanoke Island, Ocracoke Island, and the famous Corolla Wild Horses.

If you add up all of these factors, you will realize that Nags Head is an ideal place to plant your feet in the Outer Banks real estate market.  Even being one of the oldest towns in the area, there is still plenty of undeveloped land for building.  You can design the beach house of your dreams or choose from the many beach houses already for sale.  Our easy to read graphic will provide you with all of the necessary data and background for the Nags Head market this past year.  

For more information on the Outer Banks Real Estate Market, Nags Head itself, or to learn more about the Outer Banks in general, please check out our blog.

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