Outer Banks Real Estate in 2015: The Year of the Family

obx-buyers-real-estateThe Outer Banks is a desirable location for vacationers and homeowners alike. Scenic beaches, alluring wildlife and a relaxed lifestyle are just some of the reasons why families flock to the Outer Banks. But why is 2015 the year your family should buy on the OBX? Here are some great reasons why this year is the perfect time to make your Outer Banks beach real estate dreams come true!

2015 Real Estate Market Reports

The outlook for buyers looking to purchase this year looks positive. A sense of normalcy is returning to the real estate market and home value is stabilizing. Disposable income is growing, which will help buyers have the money to put towards their perfect piece of the Outer Banks! Lenders are likely to be more willing to give loans with the improving economy making your home even more in reach.

Community Lifestyle Growing on the Outer Banks

No matter what town you are interested in on the Outer Banks, the community feel and activities available are on the rise. More families are calling the OBX home full-time or for longer periods of time, creating a stronger sense of community and improving the events and resources available to non-vacationers. More businesses are open year-round and health facilities continue to grow and boom.

Investment Properties Still Have Success

The Outer Banks has a growing residential community, but the vacationer is still the major player on the beach. Investment properties on the Outer Banks continue to see great success and return on investment very quickly. The Outer Banks grows from an average of 30,000-40,000 residents to over 300,000 in the summer, with the majority being vacationers. This offers your home an excellent opportunity to rent for all the weeks you desire. This will pay for your home quickly and leave the home open to your enjoyment for more weeks.

Family-Friendly Beach Life with Affordable Prices

The Outer Banks offers amazing beaches and outdoor adventure at an affordable rate. Compared to many other beach towns, homes on the Outer Banks sell for prices that are affordable for many families. The Outer Banks is within driving distance of many major metropolitan areas making it a popular vacation spot, but also offers the family atmosphere so many desire, but don’t receive in other towns. Your new home will be a place that your family will want to continually visit and make memories for years to come.

These are just a few reasons why so many love the Outer Banks and will be purchasing in 2015. Learn more about homes available from our Eillu team at sales@eillu.com.

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