Deep Water Sound Properties Still Holding Up

Deep water sound properties are still holding their values. While many buyers are waiting for those properties prices to fall, the ones that have come out of foreclosure or short-sales have been snatched up almost immediately by savy buyers. I believe that one reason that has kept these properties somewhat insulated from the downturn is that most of these properties have been owned by big-boat owners, and those folks have been less affected by the downturn in the economy.

Having said that, there are some deepwater sound properties available that are definitely bargains compared to 2004 prices. Let me know if that is what you are looking for. I have a couple in mind that would be perfect for your "larger" boats! The sunsets on Topsail Sound are a spectacular bonus too!

Spring of 2009 Has Finally Arrived on Topsail Island, NC!

Spring breezes and sunny days have finally arrived here at Topsail Island, NC! The fish are biting and as the water warms, more and more folks are tip-toeing into the surf!

The Real Estate Market has started to show signs of life again as short-sales and foreclosures have brought buyers back to the table. These adjustments in the market have forced sellers to rethink their prices somewhat, and oceanfront beach houses in the $500k to $600k range are not uncommon now! Thinking back to 2005, you couldn't find an oceanfront lot for that price, much less a lot and house!

I haven't been fishing as much lately due to the increase in business, but that's a good thing according to Marilyn! She spends most of her time trying to keep me organized while chasing Ava around the house!

Last week I went fishing with Ricky Kellum, the "Speckled Specialist" http://www.speckledspecialist.com/, and we were filmed by Joe Albea, producer of THE CAROLINA OUTDOOR JOURNAL. The show should be a good one as we caught and released over 20 nice Bonita, and we also caught about 40 nice Spanish Mackerel! We fished out of Sneads Ferry and were only about 2 miles off the beach right in front of New River Inlet. The Bonita only show up for a couple of weeks every Spring, so you only have a few chances to connect with them. We had a perfect day, light winds, and the show should air sometime this fall. I'll keep you posted!

There are some real bargains showing up on the island right now, so please let me know if you want me to buzz you when one of these pops up. Having built houses here on both the oceanfront, the interior and the sound, we have a good feel for what a "real deal" really is!

Please email or call at any time!!