Tarvalier Hosting a yoga retreat this weekend featuring Michelle Dorer and Janice Lane

BODY MIND SPIRT- REJUVENATIOIN

Come join Michelle Dorer and Janice Lane for a relaxing weekend. 

From Michelle Dorer owner of Ashtanga Yoga Center OBX

Mind Body Spirit Rejuvenation Retreat is coming up soon in Duck January 28 - January 30. The flyer with detailed information can be found on our website at www.ashtangayogaobx.com/Events.html. 

Come join Janice and I for a deep interpersonal experience with community and good food!  Janice will be teaching some very valuable spiritual concepts surrounding manifestation and developing your vision. This is very important considering the tough economic times we are living in. The Freedom is in knowing that all sustenance is provided directly from Source energy. Although it may funnel through a boss or a friend, the true Source of all abundance is Spirit.  Janice will be teaching some very practical techniques to help us access this connection.  Packages are also available which include massage. Contact Janice Lane to reserve a spot at seasidehealing@gmail.com.  It is really important you let us know if you are planning on coming! 

I now have help in operating an official facebook page for the studio. Feel free to join and contribute any ideas, thoughts, feelings, or experience that may be positive in supporting our community.  Anything from lifestyle, alternative energy, consciousness, gardening techniques and more!  The page is listed under Ashtanga Yoga Center Outer Banks. 

You can always stay updated with information on our official website www.ashtangayogaobx.com. 

Thank you for your love and support!  Wishing everyone Love and Light in this New Year and may all good feelings spread!

Blessings,

STATS for 2010 -

Interesting how many distressed sales are on the market vs  "traditional" sales  on the market, yet what's actually sold in 2010 were mostly distressed sales. Over 40% of the sold listings for 2010 were distressed sales.   Most people think the "best" deal on the market is the foreclosure or the short sale, but that's not always true. Consult your realtor for more information.


The average total of new listings per month for 2010 were 375
%of active  distressed listings 16% (actual for 12/10)
% of closed distressed sales monthly for 2010 were 40% Average of 2010.
Total number sold each month for 2010 was 127

Do I need to cut bait?

We all know it's a buyer's market which can be very exciting for buyers. Lots of supply,and starting to be more demand for the right priced property. Activity has definitely picked up as far as sales go, but you have to position yourself just below the competition. We've seen several occasions where multiple offers have been presented, and the contract price has gone over asking price This is actually becoming more common. Buyers want the best bang for the buck and they're getting it. If you're a buyer who needs financing, there's never been a better time to invest. What are you waiting for?Don't drag your feet and be the person that says  should of, could of, would of! We are seeing the lowest interest rates we've seen in a very long time. Who knows what interest rates will be, even a year from now.

As you know the market is quite different for sellers. It's not fun going on listing appointments and showing your sellers what you think the bottom line should be. I've been on several listing appointments in 2011, where sellers need/want to sell now, but were not happy with my  suggested list price. They all have  different goals, some wanted to take the profit and move to another area, some wanted to liquidate due to retirement, and some wanted to get out of the hefty monthly payment. Most of them say they'll wait until next year and hope the market picks up. I hate to be the barer of bad news, but until our market clears out "distressed sales", prices are not going up. Since Jan. of 2010 to Jan. 2011  the median price has  decreased 13%. That's essentially a trend of 1% a month. In other areas, appraiser can't use foreclosure or short sales as comps, but in the outer banks market they can. See chart below-





 I've been telling my clients they should sell now or expect to hold. If you need to sell,time is not on your side, waiting will only cost you money!! If you decide to wait it out it's going to take years and not something that's going to  come back overnight. I have a seller I found through calling "expired listings", they had their house listed for 3 years and no offer. She finally told me it's time to cut bait! They've seen prices come down in those 3 years, and had they listed at the right price the first time, they wouldn't be selling for 15 to 20% less. Sometimes you have to get out of the way of your EMOTIONS, and know when to cut bait. Don't hang on to something "trying to wait it out" if you know you need to move onward and forward....CUT BAIT!






  

Calling all investors! Oceanfront Lot in 4 wheel drive area (short sale).

Looking for a rental machine that will generate income?  2357 Sandfiddler Road is the perfect site for a 10 bedroom, 10 full baths, 2 half baths, a pool,and hot tub. Twiddy projected  renting 23 weeks, and generating over 160k. Please see above rental projection. This homesite is offered for $270k. Yes, that's right,  80 feet of water frontage  in secluded Carova for $270,000.  Don't miss this opportunity.

This lot is cleared and has high elevation. Close to the  Va line which provides for more privacy in busy summer months. For more information please contact Heather VanderMyde. I can give you a site plan with all the specifics. Homesite is a little over half an acre.

CHRISTMAS is in the air....

David and Debbie Perrott, owner/brokers of RE/MAX Ocean Realty hosted a Christmas party at a home one of our agents built in South Nags Head. Jay Ellis built Sweet Peace which has all the  bells and whistles any renter or owner would love. Thanks to Jay,David and Debbie for a wonderful Christmas party. Below is a video of our fun....
http://www.youtube.com/watch?v=waMmJRwuafI

A November Beach Day in Duck

The family hit Cook Drive beach access for one of our beautiful fall days. Enjoy....

http://www.youtube.com/watch?v=eMS9xXspFvg

Nov. 13th -14th, Nor' easter and runners hit the beach.

What a great weekend on the beautiful outer banks of North Carolina. The Outer Banks Marathon had over over 8k runners this year, so I heard while eating lunch at Tortugas. The beach is packed with visitors, almost feels like summer. I wasn't the 1st or 2nd car at the stop lights,I had to go 35 in a 50 (158), and  had to be extra cautious when using the turning lane. It can be quite scary when tourist are in town.

Not only were runners visiting the obx, we had a Nor'easter visiting us as well. The storm (two systems; a nor’easter” and the remains of Ida) set in Wednesday. The winds were howling and the ocean roaring. I went to the beach yesterday (Sat.) and the ocean was finally starting to calm down, but still roaring. My neighbor ,who lives on the oceanfront  in Duck, said the waves looked HUGE on Fri.. He said it looked like the Duck research pier was being engulfed by the ocean. I may need to think about my source, he starts drinking at 8am.

See link below-video of roaring ocean in Duck.

Nor'easter OBX Marathon weekend.....

Today (Sunday), was a beautiful day,even though I had to wait in marathon traffic.  It took me  40 min. to go  1 mile. It was fun watching the runners and being around all that marathon energy. BUZZ BUZZ everywhere!

I love seeing all the activity, thank goodness our stores,hotels, rental properties, and restaurants get to have a prosperous weekend. Our Duck house rented this week and Thanksgiving week. I'm very thankful for the TOURIST! Thank you for visiting our beautiful beaches. We have something pretty special here. The first time my feet touched these  sandy beaches, I fell in love and never left.

What am I thankful for this week?
I'm thankful for people spending money in our community this weekend and for  two healthy baby girls that were born  in our community this week. Congratulations to Kristin and Danny Harbart and Amanda and Wyatt Booth.