Carolina Beach Condos below

pronounced with the oceanfront niche of

condos in Carolina Beach the other thing

you look at the prices here I have one

if I can pull it up here going back

three years prices have gone up

hopefully this will fit on my chart 25

percent right there but if you look at

even in just the last year and you do

the same thing I’m gonna try and do a

little cut out here live with you to

make it more interesting to look at

visually just the last year alone we

have a calculated about to be 20%

increase in the condo prices at Carolina

Beach so a couple of things for

perspective this this property at its

peak let’s get back to it these two twos

at their peak oceanfront they were

probably closing like five hundred I’ve

been saying I’ve been thinking anyway

we’re not going to get back

Pease we’re gonna go close though

because now we don’t have interest only

loans we don’t have no doc loans I

literally go back in and I said see some

bizarre previous sold prices like I was

at Surf City I think or Topsail Beach

there was a home listed for 385 and it

closed for 800 before and I’m thinking

that must have been one of those

interest-only know doc type loans during

the frenzy so we had controls in place

for the market to not get out of hand

but with this severe inventory shortage

and what I’ve predicted with a great

economy that I was expecting going back

several years ago that the prices are

going back and are probably going to go

back up real close to the previous Peaks

there’s still a lot of upside left but

the time Tobias now don’t wait much

longer you’ll be sorry for it the last

three years every year that you waited

you might have lost you know $15,000 in

value for example so it’s a serious deal

with 2019 the rental season is about to

arrive for the vacation rentals in

Carolina Beach and North Carolina so it

behooves you to get under contract to

get your home out there for rentals by

May so the time is running out on that

endeavor

thanks so much and I look forward to

negotiate the best possible deal with

you next I’m going to do an article and

how to win it real estate when there’s

no inventory and I know a lot about this

from my experience both locally but

especially in Northern Virginia where

for seven years I was a top 1% agent in

the most wealthy county in America and

for a long time there we were in the

frenzy there was always three to ten

competing offers etc so I became a ninja

Grand Master and helping people win it

real estate when there was no inventory

I’ll talk to you soon

[tribus-listings property_type=”Condo” city=”Carolina Beach”]