So You Really Think This Has Been A Tough Real Estate Market?
By Morgan Mason, Outer Banks Beach Houses for Sale
(The Outer Banks Real Estate Company LLC)
Marching boldly through broken housing markets was routine for the fearless leader/developer of Southern Shores! Accounts of Frank Stick’s slumps and crashes throughout the 1920’s and 30’s rival any modern day real estate wild ride. He developed his Southern Shores dream when there was limited road access, scarce lumber and absolutely no interest from buyers! In fact, to finance his dream he custom-built those big houses in Nags Head, now known as Millionaire’s Row. Yep, those wealthy folks from Elizabeth City financed our town’s development. There were no obstacles too high or too wide! When he found no buyer interest in undeveloped lots, he had to build.When there was no lumber, Stick and Curtis Gray simply built a factory right in Southern Shores to make cinder block out of bea...
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