While the residential real estate market on Hatteras Island showed mixed results through August, the undeveloped lot market reported double digit increases in almost all major indicators. This got me to wondering if the rise in lot sales might be a harbinger of good times ahead for the construction industry on the island. To gain [...] Real Estate |  Full Article

Dare County, in partnership with Current TV, has released a video, A Community Conversation About Property Insurance. Special guest Dr. Michelle Osborne, Chief Deputy Commissioner with the NC Department of Insurance (NCDOI), discussed different types of insurance coverage, issues with specific policies, policy recommendations for coastal areas, and proposed changes to the National Flood Insurance [...] Real Estate |  Full Article

Dare County and the Outer Banks Association of Realtors (OBAR) will host a community meeting about property insurance on Tuesday, October 22 at 6 p.m. in the First Flight High School Auditorium.  Special guest Dr. Michelle Osborne, Chief Deputy Commissioner with the NC Department of Insurance(NCDOI), will discuss the different types of insurance coverage, the [...] 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. According to Park Service reports, about 2.5 million [...] Real Estate |  Full Article

Property insurance rates will be be heading up next spring after a deal was struck between state regulators and insurance companies, with a nearly ten percent increase coming for Outer Banks homeowners.The N.C. Department of Insurance announced negotiations had been completed with the N.C. Rate Bureau on a request to raise rates for both homeowner [...] Real Estate |  Full Article

Coastal property owners who need to replace docks, piers, bulkheads or similar structures damaged by Hurricane Florence or Tropical Storm Michael have an additional year to perform the work under an emergency general permit offered by the N.C. Division of Coastal Management. Governor Roy Cooper signed legislation Thursday that extends the deadline for work authorized [...] Real Estate |  Full Article

Coastal property owners who need to replace docks, piers, bulkheads or similar structures damaged by Hurricane Dorian along sounds, rivers and creeks may be authorized to do so more quickly through an emergency general permit offered by the N.C. Division of Coastal Management. “This is the second year in a row that North Carolina has [...] Real Estate |  Full Article

Without fanfare, and with only one resident speaking during public comment, the Dare County Board of Commissioners approved four zoning amendments as part of a continuing effort to generate what is now called “essential housing” in the county. About 11 months after first approving a series of zoning amendments to encourage more affordable housing in [...] Real Estate |  Full Article