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Outer Banks Real Estate and Business

  • After more than two years, sewer moratorium lifted for Kinnakeet S ...

    November 29, 2023 | Real Estate | By: Joy Crist | 1

    At OBAR forum, concerns about property insurance rates

    November 9, 2023 | Real Estate | By: Kip Tabb

    Learn About Property Insurance at a Community Forum on November 2

    October 24, 2023 | Real Estate
  • After more than two years, sewer moratorium lifted for Kinnakeet S ...

    November 29, 2023 | Real Estate | By: Joy Crist | 1

    At OBAR forum, concerns about property insurance rates

    November 9, 2023 | Real Estate | By: Kip Tabb

    Learn About Property Insurance at a Community Forum on November 2

    October 24, 2023 | Real Estate
  • After more than two years, sewer moratorium lifted for Kinnakeet S ...

    November 29, 2023 | Real Estate | By: Joy Crist | 1

    At OBAR forum, concerns about property insurance rates

    November 9, 2023 | Real Estate | By: Kip Tabb

    Learn About Property Insurance at a Community Forum on November 2

    October 24, 2023 | Real Estate

Higher prices help set new monthly record in July for Dare County ...

October 5, 2023 | Real Estate | By: Sam Walker | From The: WOBX | 1

While July was another high water month on the Outer Banks for visitor spending, the latest data indicates the amount of visitors coming to Dare County this summer has declined to a more balanced level and that the record revenues were driven more by higher prices. Total retail sales in June also set a new [...] Real Estate |  Full Article

Island Real Estate: Takeaways from the August 2023 OBAR Statistica ...

September 19, 2023 | Real Estate | By: Stephen Smith

I want to start things by talking about land.  There’s a quote often attributed to Mark Twain that says: “Buy land, they’re not making it anymore.” And Hatteras Island specifically is a unique place when it comes to Outer Banks real estate.  Most of the island is owned or operated by government agencies. Of the [...] Real Estate |  Full Article

Dare County launches new Bird’s-Eye Viewer Map

September 7, 2023 | Real Estate

The Dare County Geographical Information System (GIS) Department has announced the launch of a new Bird’s-Eye Viewer Map that allows users to easily visualize the various geographical, economic, and socio-demographics of Dare County—and to learn more about how this information has changed over time. “We created this map so Dare County citizens and visitors can [...] Real Estate |  Full Article

Hearing set for April 2024 on request to raise North Carolina rent ...

September 3, 2023 | Real Estate | By: Sam Walker

From Wobx.com N.C. Insurance Commissioner Mike Causey has set a hearing date for a request to raise insurance rates for rental properties that could lead to an increase of more than 75 percent on new and renewing wind and hail policies for vacation and full time rental houses on the Outer Banks. Causey said the [...] Real Estate |  Full Article

Public comment closes Friday on another insurance rate hike for re ...

August 24, 2023 | Real Estate | By: Sam Walker | 1

From Wobx.com The public comment period ends Friday on a proposed hike in policies that cover rental properties, and could lead to an increase of more than 75 percent on new and renewing wind and hail policies for vacation homes on the Outer Banks. Only nine months ago, the North Carolina Rate Bureau was granted [...] Real Estate |  Full Article

Insurance companies ask for another rate hike on rental properties ...

August 1, 2023 | Real Estate | By: Sam Walker

From Wobx.com Less than eight months after reaching a settlement that raised insurance rates by a statewide average of nearly 10 percent on rental properties, the North Carolina Rate Bureau has asked again to increase the cost of new and renewing policies starting next June by more than half. The N.C. Department of Insurance announced [...] Real Estate |  Full Article

Dare County Water Department to increase new water connection fees

July 26, 2023 | Real Estate

The rates charged by the Dare County Water Department for water connection and water system development fees will soon increase, following an evaluation conducted by Raftelis Financial Consultants. The purpose of the evaluation was to examine Dare County’s water connection fee—which is the cost to install a meter in the ground and connect it to [...] Real Estate |  Full Article

Island Real Estate: Takeaways from the June 2023 OBAR Statistical ...

July 17, 2023 | Real Estate | By: Stephen Smith | 1

It’s hot outside, and after the first half of 2023 saw the housing market cool off a bit, it’s heating up again. There are only 74 residential properties for sale on all of Hatteras Island right now, as homeowners wrap up the summer rental season and start considering whether to list their houses for sale [...] Real Estate |  Full Article

Outer Banks Real Estate News Archive

Outer Banks attorney, Realtor Jeff Malarney elected chair of N.C. Real Estate Commission

June 27, 2023 | Real Estate | By: Sam Walker | 1

OBAR Awards $12,000 in Scholarships to Local Students

June 21, 2023 | Real Estate

Public hearing scheduled for proposed changes to cluster home development ordinance

May 4, 2023 | Real Estate

Outer Banks Visitors Bureau will host webinar for industry professionals on summer vacation rental forecast

April 20, 2023 | Real Estate | By: Sam Walker

Island Real Estate: Takeaways from the March 2023 OBAR Statistical Report

April 19, 2023 | Real Estate | By: Stephen Smith | 2

Airbnbs in rural N.C. counties rake in $370 million in 2022; Dare County tops at $71.4 million

April 6, 2023 | Real Estate | By: Sam Walker | 1

Island Real Estate: Highlights from the February 2023 OBAR Statistical Report

March 21, 2023 | Real Estate | By: Stephen Smith

N.C. Real Estate Commission moves forward with proposed new rule on flood disclosure

February 22, 2023 | Real Estate | 1

Occupancy, meals tax collections in Dare County up nearly 6 percent in 2022, setting new annual record

February 21, 2023 | Real Estate | By: Sam Walker | From The: WOBX

Nearly 40 percent of Americans plan their domestic travel more than 12 weeks in advance

February 20, 2023 | Real Estate | From The: WOBX

N.C. reaches settlement on rental property insurance rate increase

January 31, 2023 | Real Estate | By: Sam Walker | From The: WOBX

Island Real Estate: 2022 Year in Review

January 29, 2023 | Real Estate | By: Stephen Smith | 1

Online searches of Avon as a vacation destination for summer 2023 jump 274%

January 27, 2023 | Real Estate | By: Sam Walker | From The: WOBX | 1

Dare County’s gross receipts for occupancy, meals, retail sales average 6% increase in 2022

January 25, 2023 | Real Estate | By: Sam Walker

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