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Follow on Google News | Outer Banks Real Estate Sales SurgeReal estate sales surge across the Outer Banks as the national wave of short sales and foreclosures sets in.
By: Shore Realty Real Estate prices are still falling all across the Outer Banks as the number of foreclosures http://www.outerbankshome.com/ There is probably another year's worth of foreclosures before this feeding frenzy goes away. A good way to stay ahead of the foreclosure market is to keep your eye on the short sales. Very few short sales every make it to closing. Most of them end up getting foreclosed on before they come on the foreclosure market. Currently there are 322 properties under contract in the Outer Banks Association of REALTORS Multiple Listing Service (MLS). That's 30% of everything sold throughout all of the Outer Banks in the MLS in all of last year. With the fall selling season just starting to get under way it looks like it will be a good year for real estate. # # # Helping people buy and sell Outer Banks real estate http://www.outerbankshome.com from Corolla to Hatteras Island including Nags Head, Kitty Hawk, Duck, Southern Shores, kill Devil Hills, Colington, Manteo and everywhere in between. For help call Shore Realty at 800-647-1868 End
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