Imagine being a teenager 30 years ago with a new driver’s license in your pocket and a surfboard in your truck in search of big waves and an exciting coastal experience. Chip Hemingway, now a principal in Wilmington-based BMH Architects, was one such young man. As an Eastern North Carolina native, Hemingway learned to surf […]
Nationwide, vacation home sales accounted for a whopping 21% of all real estate transactions. Locally, Hatteras Island’s real estate market is improving and following the national lead. We have been hoping and searching for signs of improvement for years with occasional bright spots but the latest data is undeniably better. From January 1, 2015 to […]
“How’s the Market?” For the past few years, you’ve probably heard the word “stabilizing” a lot in conjunction with that question about Hatteras Island. The real estate market has stabilized and is showing signs of moving in a positive direction. Let us explain… Just 5 or 6 years ago, Hatteras had a little over a […]
When turning on the television these days, you are bound to run across at least one real estate TV show. Whether it’s HGTV, TLC, Destination America or Bravo, these shows are popping up everywhere. Ones like “Trading Spaces,” “Million Dollar Listing,” and “House Hunters” are influencing the public and creating expectations on how other people […]
People often put decorating and home staging into the same category when in fact they are quite the opposite. Of course, they do have some similarities. Both involve decorating with furniture, art and accessories. However, there are some big differences as well. What Is Home Staging? When it comes time to sell your home on […]
If you are thinking about selling your Hatteras Island property after the rental season is over, now is the time to begin making preparations. Most people don’t realize that in our market back to school time is also the time that most buyers get back to the business of seriously looking to buy. Snooze and […]
Our Fourth of July week provided more excitement than we were expecting. Last week started off with news of Hurricane Arthur’s potential arrival. It was a surprise to everyone that we were going to be experiencing a Hurricane so early in the season, on the 4th of July no less! Wednesday evening brought us a […]
According to Fannie Mae and the National Association of Realtors (NAR), second or vacation homes – those that are neither investment nor primary residences – represented 13 percent of all purchase transactions in 2013 – an increase of 29.7 percent over 2012. This is the highest market share for second homes since 2006, although still […]
Cobia season is like a local holiday for many Hatteras Island fisherman. Over the past week we have begun to see them return to the waters of Hatteras with a vengence. Now is the time to take out your boat, kayak, take a walk out to The Point or even get to the Avon or […]
Recent headlines that have crossed my desk lately include, “Luxury Returns to Housing,” “In Housing, Big is Back,” “Realtor®.com Survey: 13% of Consumers are Ready to Buy a Luxury Home.” If you have followed the Hatteras Island real estate market closely over the years, you’ve probably noticed that we tend to lag behind the national […]
