Hugh Willey's (obxrealestateguy) Blog

  The vacation rental market is currently in a period of massive growth. A recent  poll by HomeAway Inc. indicates that nearly eight in 10 buyers factor potential rental income into their decision to such property.  More vacation homes are being purchased; more owners are planning on renting; an...

 You’ve likely heard the phrase “a rising tide lifts all boats,” meaning we all benefit from a good economy. The opposite is also true, as we have all seen since 2007-2008.  Yet, many buyers and sellers don’t realize that whether the market is rising or falling, the tide isn’t lifting or lowering...

  The latest Cost vs. Value Report, produced by Remodeling Magazine in conjunction with REALTOR® Magazine, uncovered some of the top home remodeling projects that offer some of the largest returns at resale. For 2015, smaller replacement projects, particularly those that enhance curb appeal, rema...

Photo Courtesy of Kitty Hawk Kites Jockeys Ridge The low interest rates we are currently experiencing are not going to stay around forever. The big brouhaha in economics recently... is that it is generally expected that mortgage rates will rise by year's end... like the kites on Jockey's Ridge. I...

  With a strengthening employment market, many economists are predicting that Buyers will see a much more active housing market in the coming months. In a recent article, Bankrate.com highlighted several tips to aid Buyers which include:   Put the ego aside during negotiations, do the math. Home...