H2OBX Waterpark set to open next year in Currituck

A $46 million waterpark is now under construction in lower Currituck County and developers are hailing it as one of the most innovatively designed and uniquely located waterparks in the world.
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Hatteras Island Real Estate: Due Diligence in Contracts

The real estate market is constantly changing, and the forms that are used to document the terms and conditions of a real estate transaction change as well.

While most of these modifications are basically administrative, every now and then a substantive revision takes place. If you haven’t bought or sold property recently, then it is important to be aware of contract modifications that can have a meaningful impact for you. One such change is the inclusion of Due Diligence provisions in the contract.
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Outer Banks Chamber of Commerce named Outstanding Chamber of the Year

The Carolinas Association of Chamber of Commerce Executives (CACCE) has recognized the Outer Banks Chamber of Commerce as the 2016 Outstanding Chamber of the Year (for a chamber with 700 or more members).  The award was accepted by Chamber President & CEO Karen Brown at the annual Management Conference on Oct. 20 at the Sheraton Hotel in Chapel Hill. 
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New flood maps may conflict with state rules

The chairman and one co-vice chairman of the 20-member panel that advises the state Coastal Resources Commission has called for creation of an ad-hoc group to review and try to solve what they view as potential conflicts between state rules and the most recent flood insurance rate maps produced by the state and the Federal Emergency Management Agency. ....Read more

Outer Banks Hospital has new partners for emergency medical services

Beginning Oct. 1, Vidant Medical Group (VMG) and the Department of Emergency Medicine at the Brody School of Medicine at East Carolina University  began providing emergency medicine services at The Outer Banks Hospital in Nags Head.
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Tourism-related spending in Dare County tops $1 billion for second year

A new report from Visit North Carolina, a unit of the Economic Development Partnership of North Carolina, shows that visitors spent a record $21.9 billion statewide last year, an increase of nearly 3 percent.

Tourism-related spending in Dare County, meanwhile, topped $1 billion for the second straight year, an increase of 3.28 percent. 
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New flood maps could save you money, but be careful

Proposed revisions to coastal flood maps shift many properties out of the most flood-prone zones. That will result in lower flood insurance premiums, but some officials fear it could also lead to complacency. 
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NOAA grant will help fund living shorelines for waterfront landowners
Waterfront property owners with eroding shorelines along our coastal sounds, bays, rivers, tidal creeks and waterways may soon be eligible for financial assistance to naturally control their erosion while increasing fish habitat at the same time. 
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Hatteras Island Real Estate: Undeveloped lot market update

Most of the reports and analyses of the real estate market that we see both locally and nationally are focused on residential properties. However, columnist Tom Hranicka thinks it is important that we also keep abreast of the market for undeveloped lots because there are some bargains to be found in this sector and because the summer and fall months are prime times for lot purchases. 
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Hatteras Island Real Estate:  Frequently Asked Questions

Each summer, our columnist answers some questions that prospective buyers and sellers frequently ask about Hatteras real estate.  Here is the summer 2016 version. 
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