A more reasoned explanation is that the boat’s massive boiler blew up. Some wondered if Satan caused the explosion, or perhaps God struck down the boat with a lightning bolt from an approaching squall. One Sunday night, at the stroke of midnight, with sounds from the player piano echoing across the water, a piercing scream was heard, and the boat exploded into thousands of flaming pieces. He docked the boat near Wanchese, but the townfolk wanted no part of a man who openly endorsed and welcomed witchcraft. ![]() Godette eventually took up with a woman who claimed to be a witch and was said to be increasingly intrigued by witchcraft, even hoping to enlist Satan as a partner. The boat, with multiple decks, ballrooms, lavish appointments and an immense player piano, traveled the sounds and inland waterways and docked for days at a time at various coastland towns. He believed that the area needed entertainment to satisfy residents and to attract visitors, and he commissioned the construction of a palatial showboat that he christened “Queen of Sounds.” Data maintained by the OBAR MLS is for its own use and may not reflect all real estate activity in the market.Following the Civil War, a former Army corporal named Pierre Godette settled here and amassed a tidy sum from a federal job during Reconstruction. Information contained herein is deemed reliable but not guaranteed. Matt This representation is based in whole or in part on data supplied by, and to the Subscribers of the Outer Banks Association of REALTORS® Multiple Listing Service. Contact me today to get the process started to find your Outer Banks property. Over the last 19yrs I rank in the top 7% of all Realtors on the Outer Banks in total sales volume and number of houses sold. Whether you are looking for a 2nd home, investment, primary, or retirement property now is a great time to own on the Outer Banks. There are more lending options now than in the past few years with loan programs with 10% to 20% down and ARM options are back in favor with lenders. Find out what I can sell your property for!!Ģnd home Conventional Mortgage rates are holding steady around the 7% range. You may be surprised at what you can get for your property, and it does not cost you anything to list. If you are a seller, it's still a great time to sell!! If you have a house to sell or know anyone that wants to sell now is the time. ![]() Each year so many first-time visitors discover the Outer Banks, creating a new set of homebuyers, that will keep the market moving for years to come. Long term the market outlook is still very positive. Inventory could take another 12-18 months to recover. At this point I don't see a huge price correction coming like 2008 when prices dropped 40%. ![]() The big questions for 2023 are 1) how far will prices drop, 2) how long will it take for inventory to get back to normal levels, 3) when will interest rates come will drop below 6%? Even with rising interest rates buyer demand has not completely disappeared especially with those purchasing with cash. Inventory is still very low and while the buyer pool is drastically lower there are still those looking to invest in the Outer Banks. Prices while down have been holding steady over the last 2 months. The rapid rise in interest rates have effected home prices, down 7% so far this year and the number of sales are down by 40% for the first four months of 2023. The beginning of the year saw the market continue its historic run of appreciation and number of homes sold in January from contracts left over from 2022. The Outer Banks 2023 real estate market is shaping up to be a year of transition. Market Commentary: April 2023 Market Update
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