After more than two years, a sewer moratorium on the wastewater treatment plant that serves the Kinnakeet Shores area in Avon has been lifted, per a November 28 announcement issued by the North Carolina Department of Environmental Quality (NCDEQ). In the years leading up to the moratorium, Ray Hollowell, the managing member of Outer Banks/Kinnakeet Associates and…Read More from After more than two years, Kinnakeet Shores sewer moratorium lifted
New data shows seven towns and villages on the Outer Banks had some of North Carolina’s highest home values in October, with four ranking in the top 15. According to data from Zillow complied by Stacker, Duck had the region’s highest typical home value in October at $940,034, ranking 6th highest in the state. Figures…Read More from Seven Outer Banks towns and villages had N.C.’s highest home values in October
Following discussions that spanned the last three months, the Town of Southern Shores Planning Board voted unanimously Monday to recommend denial of a special use permit for a proposed development with a mix of condos and commercial uses along U.S. 158 and Ginguite Creek. The planning board serves only as an advisory panel to the…Read More from Southern Shores Planning Board recommends denial of Ginguite Creek mixed-use development
While high interest rates affect overall housing affordability, Moneywise found there are a few surprising advantages of a cooler market. Story by Vawn Himmelsbach, Moneywise The downsides are obvious: For buyers, a higher rate translates into higher monthly payments, which affects overall affordability. For a median-priced home, recent interest rate hikes have added $300 to…Read More from Three benefits of buying a home when interest rates are high
If you own your home, you may be able to borrow against your equity. On average, each American homeowner has nearly $200,000 in equity, a significant amount that can open doors to funding for home improvements, educational expenses, and more. Story by Jon Giles, TD Bank But before deciding to tap into home equity, it’s…Read More from Two ways to use your home’s equity to increase its value
Are you a Broker-in-Charge or Education Director? Do you know what type of educational courses brokers are demanding? Story courtesy N.C. Real Estate Commission Nov. 2023 eBulletin Each license year, the Commission provides a survey to brokers after the completion of their continuing education courses. This survey requests brokers provide suggestions for educational topics they…Read More from N.C. Real Estate Commission ‘Did You Know?’ Brokers are requesting specific educational resources
While the Outer Banks real estate market continues to match the national trend of slower home sales, the median price of both single family homes and residential lots reached a new all-time high in the month of October locally. The Outer Banks Association of Realtors Multiple Listing Service Statistical Report released Tuesday notes the housing…Read More from Median price of Outer Banks homes, residential lots set new all-time highs in October
The U.S. Census Bureau says construction spending during September 2023 was estimated at a seasonally adjusted annual rate of $1.997 trillion, 0.4 percent above the revised August estimate of $1.988 trillion. The September figure is 8.7 percent above the September 2022 estimate of $1.837 trillion. During the first nine months of this year, construction spending…Read More from U.S. construction spending in September up 0.4% from August, 4.6% for the year
After more than two years, a sewer moratorium on the wastewater treatment plant that serves the Kinnakeet Shores area in Avon has been lifted, per a November 28 announcement issued by the North Carolina Department of Environmental Quality (NCDEQ). In the years leading up to the moratorium, Ray Hollowell, the managing member of Outer Banks/Kinnakeet Associates and…Read More from After more than two years, Kinnakeet Shores sewer moratorium lifted
New data shows seven towns and villages on the Outer Banks had some of North Carolina’s highest home values in October, with four ranking in the top 15. According to data from Zillow complied by Stacker, Duck had the region’s highest typical home value in October at $940,034, ranking 6th highest in the state. Figures…Read More from Seven Outer Banks towns and villages had N.C.’s highest home values in October
Following discussions that spanned the last three months, the Town of Southern Shores Planning Board voted unanimously Monday to recommend denial of a special use permit for a proposed development with a mix of condos and commercial uses along U.S. 158 and Ginguite Creek. The planning board serves only as an advisory panel to the…Read More from Southern Shores Planning Board recommends denial of Ginguite Creek mixed-use development
While high interest rates affect overall housing affordability, Moneywise found there are a few surprising advantages of a cooler market. Story by Vawn Himmelsbach, Moneywise The downsides are obvious: For buyers, a higher rate translates into higher monthly payments, which affects overall affordability. For a median-priced home, recent interest rate hikes have added $300 to…Read More from Three benefits of buying a home when interest rates are high
If you own your home, you may be able to borrow against your equity. On average, each American homeowner has nearly $200,000 in equity, a significant amount that can open doors to funding for home improvements, educational expenses, and more. Story by Jon Giles, TD Bank But before deciding to tap into home equity, it’s…Read More from Two ways to use your home’s equity to increase its value
Are you a Broker-in-Charge or Education Director? Do you know what type of educational courses brokers are demanding? Story courtesy N.C. Real Estate Commission Nov. 2023 eBulletin Each license year, the Commission provides a survey to brokers after the completion of their continuing education courses. This survey requests brokers provide suggestions for educational topics they…Read More from N.C. Real Estate Commission ‘Did You Know?’ Brokers are requesting specific educational resources
While the Outer Banks real estate market continues to match the national trend of slower home sales, the median price of both single family homes and residential lots reached a new all-time high in the month of October locally. The Outer Banks Association of Realtors Multiple Listing Service Statistical Report released Tuesday notes the housing…Read More from Median price of Outer Banks homes, residential lots set new all-time highs in October
The U.S. Census Bureau says construction spending during September 2023 was estimated at a seasonally adjusted annual rate of $1.997 trillion, 0.4 percent above the revised August estimate of $1.988 trillion. The September figure is 8.7 percent above the September 2022 estimate of $1.837 trillion. During the first nine months of this year, construction spending…Read More from U.S. construction spending in September up 0.4% from August, 4.6% for the year
