The North Carolina coastline has a diverse group of individual cities and range from the resort areas like Atlantic Beach NC real estate to pristine natural beaches such Sunset Beach houses and homes.
Unlike the South Carolina beaches which are such resort areas, North Carolina tends to have kept the older beach houses, and few high rise condos are available for bargain hunting buyers. Most of the area in the far north is more "channel-front" and the markets like Oriental and Beaufort, NC real estate never saw the extreme price increases during the boom of the early 2000's. In areas like Okracoke, North Carolina, real estate is often limited to families born and raised on the island, and it hasn't seen so the "bubble" effect of real estate in Myrtle Beach or even Atlantic Beach NC.
Looking for foreclosures, great price reductions, and short sales in the North Carolina beach area would best be limited to Wrightsville Beach real estate, Morehead city homes, and other resort areas such as Brunswick County.
We have specialists who know North Carolina foreclosure and short-sale markets and can assist you in finding the great (and few) deals that do exist. Cheap oceanfront property can be found anywhere, if you know where to look and how to grab it fast enough.