The majority of reporting, both locally and nationally, has been focused on the performance of the residential sales market with only a few summary comments usually devoted to the market for undeveloped lots. To provide some perspective to the overall real estate market on Hatteras Island, I thought it might be helpful to focus this […]

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One of the most frequent topics of conversation these days is the number of visitors that are on the island. Comments range from long lines at restaurants to difficulty getting onto Highway 12 from side streets to fully booked rental accommodations. Are these just anecdotal impressions or is there substantive data to back up our […]

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Watching the real estate market on Hatteras Island is always a fascinating and challenging experience. Rarely do all of the statistics point in the same direction making definitive statements about where the market is at any point in time difficult. Some who track the market data over long periods of time have voiced the opinion […]

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The real estate news these days is dominated by the surge in residential sales, both locally and nationally, as well as the drastic reduction in the number of homes available for purchase. Driving around the island, there also appears to be a large amount of construction taking place – something we have not seen for […]

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As we approach the end of 2020, I think we would all agree that this has been an unusual year to say the least. We saw the onset of the COVID-19 pandemic start in January followed by the closing of Dare County to visitors from March 15 to May 16, accompanied by a series of […]

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The real estate market on Hatteras Island this year reminds me of Dorothy’s famous line in The Wizard of Oz – “Toto, I don’t think we are in Kansas anymore!” In this article, I would like to share some facts and some anecdotal observations about what we are seeing and what some of the emerging […]

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Each year, we like to publish an updated version of an article that addresses some of the most frequently asked questions that we hear from prospective buyers and sellers. Many of the issues remain unchanged, but occasionally a new question will make its way into the list. According to Park Service reports, about 2.6 million […]

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As you might expect, the most frequently asked question that my Realtor colleagues and I are hearing these days is – “What impact are the COVID-19 related restrictions having on the Hatteras Island real estate market?” This article is intended to provide some insights into the answers to this question. To begin the discussion, we […]

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As might be expected, the recent distribution of new tax assessment revaluations has raised question in the minds of property owners about the accuracy of the new assessments. One of the most frequently heard comments is, “This new assessment is too high. I could never sell my property for that amount.” At the risk of […]

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Each year, real estate agents are required to take eight hours of continuing education classes in order to maintain their active broker licenses. The first four hours usually focus on topics that the North Carolina Real Estate Commission considers currently important. The second half of the training offers information on elective subjects. This year, one […]

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