As we enter the start of the 2019 vacation season, I thought it would be interesting to take a look at the trends that we are seeing in the Hatteras Island real estate market. Last year was a flat year for the residential real estate market on Hatteras Island. Sales were down slightly, and there […] Real Estate | Full Article
There are many ways to look at the current state of the real estate market. The saying that “all real estate is local” is a good rule to follow. The more focused the analysis, the better the conclusions. Using this frame of reference as a guideline, if we look at the Hatteras Island real estate […] Real Estate | Full Article
In the course of meeting many prospective buyers and sellers over the years, my real estate colleagues and I are asked a wide range of questions. Two of the more recent inquiries were – “When did significant amounts of residential development occur on the island?” and “How built-out is Hatteras Island?” These conversations often develop […] Real Estate | Full Article
Considering that Hatteras Island has experienced two major storm events this year, the island’s economy is doing quite well. Meal tax receipts, which reflect the results of food service businesses on the island, showed an increase of nearly 8 percent through July when compared to the same period last year. Occupancy tax receipts, which provide […] Real Estate | Full Article
Each year, I like to publish an updated version of an article that addresses some of the most frequently asked questions that I hear from prospective buyers and sellers. Many of the issues remain unchanged, but occasionally a new question will make its way into the list. As an example, prospective buyers have been inquiring […] Real Estate | Full Article
For most individuals and families, buying and selling real estate is an event that takes place only a few times over the course of a lifetime. I thought it might be helpful to provide a brief overview of some of the ways in which real estate agents assist buyers and sellers when these important events […] Real Estate | Full Article
My sense is that most analyses tend to focus on snapshots of what is taking place in the current real estate market when a moving picture of what is happening over time can often contribute to our understanding of market trends. With this perspective in mind, I thought it might be interesting to look at […] Real Estate | Full Article
Hatteras Island is a magical place. As soon as you cross Oregon Inlet and first glimpse its pristine landscape and the weathered Life-Saving Station near the beach, you immediately know that you have crossed a time barrier to a place where the daily pace of life is governed by the wind and the waves and […] Hatteras Features | Full Article
By TOM HRANICKA
By TOM HRANICKA One bright spot in the statistical reports is that building permits have finally started to recover, increasing 75 percent over the level recorded through September 2015. I have been scratching my head trying to figure out what is underlying these bewildering patterns. A few years ago, I would have focused on delays […] Real Estate | Full Article
