Substantial price reductions continue to make an investment purchase a Buyer's dream. Opportuities exist with a good selection of 'short sale' and bank owned properties. Now is the time to buy low and sell high as the market rebounds. Contrary to the doom and gloom of the media, properties are selling and financing is available. Prospects are calling from listed property signs and agents are again showing properties. This buyer's market is beginning to stabilize. Prices are lower across all product lines after a few record breaking years. This is the perfect time to invest in the Corolla market. There are excellent investment opportunities right now, and we are beginning to see increasing activity in the market, so these opportunites may not last long. If you've been thinking about it, now's the time to move!
ZIP Code: 27927 Location Characteristics: The northernmost accessible town on the Outer Banks, Corolla has seen rapid development over the past ten years. Until 1984, when the state extended Highway 12 north from the Dare County line, the town was a sleepy seaside village. Today, multimillion dollar vacation homes dwarf the village proper and make Corolla one of the most desirable upscale vacation destinations in the country. Ironically, it was the opening of the road and the ensuing traffic that eventually led to the relocation of one of Corolla's most famous attractions, the wild ponies. (http://www.outerbanks.com/corolla/)
About Jack & Carol Riggle:
This dynamic couple has over 60 years of combined real estate experience, have recently been designated as "The Real Estate Advocates" for all of the Outer Banks and live by the Realtor motto of "Real Estate Is our Life." Purchasing their first of several investment homes in the Outer Banks in1991, they relocated from Northern Virginia in 1999. They are Team Leaders of The Riggle Team, rank in the top 1% of all Outer Bank Realtors, and are the top producing husband-wife team within BD&A. Their positive "can do" approach and their genuine caring about others can be attributed to their success.
They are specialists in 1031 Tax Deferred Exchanges and have many financing resources available to assist both buyers and sellers.
These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.
