Are You Ready for the Outer Banks Lifestyle?
There are many reasons to buy a home on the Outer Banks. Visitors fall in love with the scenery, the ocean, the islands, the history and the water sports. Whether you’re thinking of buying a vacation home or even settling down in this enchanting corner of the world, you may find yourself keeping an eye on the real estate for sale listings. Looking at each house and imagining how it would fit your lifestyle, your family, how much the kids would love being able to watch a sunrise on the beach every day.
When you’re ready to make your dream a reality, Outer Banks realtors can help you find the home that’s best suited to your goals.
A home on the Outer Banks
The Outer Banks are a place of history and unspoiled natural beauty. With mysterious shipwrecks underwater waiting to be explored by scuba divers, Cape Hatteras National Seashore, the wild horses and the fishing, hiking, swimming, surfing, and sailing, there’s something for everyone in the family to enjoy. If you’ve always wanted to own a beach property, this is actually a good time to invest in one. The Outer Banks lifestyle is waiting for you!
Buying a new home
The real estate market is picking up again and a combination of factors, including a growing economy, pent-up demand, low mortgage rates and affordable home prices will keep the momentum going through 2015. As of 2014, one third or 33% of home buyers were buying a home for the first time in their lives. The age of the typical first time home buyer was 31 years, and the typical repeat buyer was 53 years old.
People have many different reasons for buying a home. The commonest reason, given by 24% of home buyers, was simply the wish to own their own home. For 9% of home buyers, the reason was a job-related relocation, and 8% reported that they were buying a home because they wanted to live in a better area or because of a change in their family situation.
Many people are buying multi-generational home for various reasons. Sometimes the costs are lower and often a larger house is needed to accommodate aging parents or adult children moving back. As of 2014, 13% of home buyers chose larger, multigenerational homes over smaller ones.
Finding a realtor to help you
You could find and buy a home all by yourself if you really wanted to, but you would be depriving yourself of all the knowledge and experience that realtors bring to the job. Almost all, or 98% of home buyers who used an agent to help them find a home, said that the real estate agents were a useful source of information about real estate for sale. As many as 40% of home buyers used a real estate agent who was referred to them by a family member or a friend.
Real estate agents have a number of advantages: they know the neighborhood and and are familiar with the real estate for sale. They can advise you on the pluses and minuses of each house, guide you through the process of inspections, making an offer and closing the deal. The number of people who buy a home through a real estate agent or broker has been growing steadily over time, from 69% in 2001 to 88% in 2011.
So if you’re looking for real estate for sale on the Outer Banks, call a realtor today to get started!