Southern Shores Oceanfront Home Absorption Rate

Southern Shores Oceanfront Home Absorption Rate

Outer Banks, NC – December 17, 2011 – (RealEstateRama) — You don’ t see a whole lot of turnover along the Southern Shores oceanfront. People who own beachfront homes in Southern Shores tend to hold onto their properties longer than their contemporaries in most of the other areas of the Outer Banks. There is also a larger proportion of second home owners vs rental property owner amongst the Southern Shores property owners and with the the oceanfront lots in Southern Shores being twice as wide as anywhere else around resulting in half as many lots along the Southern Shores beachfront. (most oceanfront lots measure 50 feet wide and Southern Shores lots measure 100 ft. wide)

Previous articleNational Homeless Numbers Decline from 2010 to 2011
Next articleEnergy Department Announces Major Recovery Act Milestone: 600,000 Homes Weatherized Three Months Ahead of Schedule