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

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

From SamWalkerOBXNews.com State Insurance Commissioner Mike Causey is countering criticism he received over last month’s decision to settle a request to raise insurance rates charged on rental properties for a second straight year. “As the Insurance Commissioner, it is my job to protect consumers by keeping rates as low as possible and maintaining a solvent [...] Real Estate |  Full Article

From SamWalkerOBXNews.com North Carolina Insurance Commissioner Mike Causey has reached a settlement with companies that insure rental homes, which means rates for some coverage will be jumping again for a second straight year. The Republican who is running for a third term this fall announced late Thursday he had reached an agreement with the North [...] Real Estate |  Full Article

From SamWalkerOBXNews.com Governor Roy Cooper has signed a bill that includes rolling back a stipulation put on $35 million allocated to address housing needs in Dare County that would supersede town zoning regulations from blocking developments that used the funds. But the money will not be used for those purposes anyway, after a pair of [...] Real Estate |  Full Article

The Dare County Housing Task Force held three meetings in April 2024. At its meeting held on April 16, 2024, Dare County Manager/Attorney Bobby Outten briefed the group on actions that have been taken by the Dare County Board of Commissioners to address the ongoing housing issues in the county, including the board’s recent decision [...] Real Estate |  Full Article

From OuterBanksVoice.com The Dare County Housing Task Force, which has significantly picked up the pace of its work, will meet for the third time in two weeks when it convenes at the Dare County Administration Building on April 30. Among the items on the agenda is an effort to set up a future meeting schedule, [...] Real Estate |  Full Article