The Outer Banks Association of Realtors® (OBAR) has made a $25,000 donation to support disaster relief and recovery efforts in Western North Carolina in the aftermath of Hurricane Helene. This donation will be split equally, with $12,500 going to the Western North Carolina Community Foundation and $12,500 directed to the NC REALTORS® Housing Foundation, ensuring [...] Real Estate | Full Article
Outer Banks Real Estate and Business
The Dare County Tourism Board Special Committee for the Outer Banks Long-Range Tourism Management Plan (LRTMP) met on October 9 at the Outer Banks Visitors Bureau administrative offices on Roanoke Island. The committee welcomed Donna Creef and Malcolm Fearing, Chair and Vice Chair, respectively, of the Dare Community Housing Task Force, who provided updates about the activity, progress [...] Local News | Full Article
CSI lecture addresses homeowner insurance and coastal resilience
September 1, 2024 | Real Estate | By: Kip Tabb
From OuterBanksVoice.com In a wide-ranging discussion on homeowner insurance in coastal North Carolina at the Coastal Studies Institute (CSI) on Aug. 28, Don Hornstein, Director of the UNC Law School’s Center on Climate, Energy, Environment, and Economics, focused on the process of determining insurance rates in the state, insurance company practices and coastal resilience. Hornstein, [...] Real Estate | Full Article
Island Real Estate: Hatteras Island home sales and trends for August
August 24, 2024 | Real Estate | By: Stephen Smith
There are a lot of changes happening in the real estate world right now, and not just as it pertains to home sales or mortgage rates. If you’ve been reading online or watching TV lately, you probably have seen that the NAR (National Association of Realtors®) reached a settlement in a lawsuit and it has [...] Real Estate | Full Article
Dare and Hyde counties move to build more teacher housing units
August 1, 2024 | Real Estate | By: Kip Tabb
From OuterBanksVoice.com As Outer Banks communities face a critical shortage of housing for workers, two projects moving forward with an assist from the Outer Banks Community Foundation will help Hyde and Dare County school systems hire and retain teachers. On Ocracoke, the Hyde County Education Foundation (HCEF) has plans to renovate a former daycare center [...] Real Estate | Full Article
Flood history questions added to real estate disclosure form
July 20, 2024 | Real Estate | By: Catherine Kozak | 1
From CoastalReview.org Sometimes it’s a puzzle why people don’t ask more questions, such as, “Has the river that’s down your road ever flooded your house, the house I’m thinking of buying?” The maxim “buyer beware” is wise advice no matter where a house is situated, but it’s good to have rules in place to cover [...] Real Estate | Full Article
Outer Banks home prices near quarterly record, total inventory bou ...
July 19, 2024 | Real Estate | By: Sam Walker
From SamWalkerOBXNews.com Median sales prices for homes on the Outer Banks neared record highs in the second quarter of 2024, while total inventory for the first half of the year is recovering. According to the latest MLS report from the Outer Banks Association of Realtors, the residential median sales price for the months of April, [...] Real Estate | Full Article
Rent Responsibly and the College of Charleston have released the 2024 State of the Short-Term Rental (STR) Industry Report, the largest study of its kind exploring the STR industry and the local STR regulatory landscape across the US. Researchers surveyed more than 5,000 STR owners and property managers about their properties, operations, technology, marketing, regulations, [...] Real Estate | Full Article
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