Realtors Ed and Mac Nelson over at Connect to the Coast report that interest rates of 5.5% are being offered in the Emerald Isle real estate market. They also suggest that the once over-the-top buyers market on the Crystal Coast is now well into a sellers market for Emerald Isle and the surround area:

OK, Interest Rates are low, inventory is plentiful, prices are reasonable, if you are in the market for purchasing property in Emerald Isle or the Coastal Mainland of NC, now could be the right time to start looking in earnest.