Foreclosures are hitting 7 year lows.  When the real estate Market on the Outer Banks, Nc hit bottom many thought is was the end.  Yesterday, I received the latest foreclosure list. The total new in Dare County and Currituck County is 8.  That is correct 8.  Two years ago that number was closer to 80.  With the fall of distressed properties the market is rebounding strong.  Prices are moving on a steady pace in a positive direction.

To read more about the national foreclosure statistics or other current topics in Real Estate, click the link.

Till next time,

Mike

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