The numbers don’t lie: Americans are growing increasingly confident about the overall health of the national real estate market, according to a recent report. Evidently, a recent Gallup poll showed that 56 percent of Americans expect average home prices in their area to increase, which is up 33 percent from just two years ago. And […]
Category Archives: OBX News
Report: US Housing Market Needs More Available Homes for Sale
The national housing market is dealing with an issue of supply and demand right now and it’s impacting both buyers and sellers. Specifically, the national housing market has too few people selling their homes compared with the number of people who want to buy homes, according to a recent report from Standard & Poor’s/Case Shiller. […]
What Is Going On This Spring On Hatteras Island
Expect to See an Exceptionally Busy Spring Home Buying Season in 2014
If you’re currently trying to sell your home on the local housing market, great news: it’s about to get very, very busy for you. That’s because national real estate experts are projecting that this spring will see even more home buying activity than is already expected for this time of year. Why? Because of pent-up […]
Good News About Flood Insurance Reform
As you may have heard FEMA has been going through many flood insurance changes recently. We’d like to update you on what has been going on and the good news that has come about in the past week regarding these changes. Up until this past week, the Biggert-Waters Flood Insurance Reform Act of 2012 was […]
Report: US Home Prices Rose In January After December Decline
Corelogic just released some exciting news from the national housing market: Home prices are back on the rise! The real estate data provider reported that home prices increased 0.9 percent in January after falling 0.1 percent in December. And this is indicative of a larger trend, Corelogic reported. After all, over the last 12 months, prices […]
Report: National Home Buyer Enthusiasm Helped Drive Up Prices in 2013
Home buying fervor has driven home prices to their largest annual gain since 2005, according to a recent article in the Wall Street Journal. Evidently, home buyer interest – fueled by low mortgage rates as well as reduced inventories – helped drive prices up in 2013. Now, experts are saying that home buyers and home […]
Flood Insurance Affordability Act
Call NC Representatives TODAY to Support HR 3370 – Homeowner Flood Insurance Affordability Act H.R. 3370- Homeowner Flood Insurance Affordability Act is expected to be heard in the House tomorrow – Wednesday, February 26th. The House bill has been revised from an earlier version and includes different language than its Senate companion bill, S. 1926, […]
Report: National Home Buyers Can Expect to Pay More for Real Estate in 2014
Changes are afoot on the national housing market that suggest that this year is going to increasingly favor the home seller. And that means buyers will likely be paying more for real estate in 2014. According to a recent news article, the National Association of REALTORS® recently reported that nearly 5.1 million homes sold last […]
Speckled Trout Fishery to Close Wednesday Due to Die-Off
A few folks are finding speckled trout out there — and keeping those locations a secret — but as of noon Wednesday, the fishery will be closed to commercial and recreational fishermen by the North Carolina Division of Marine Fisheries. The reason for closure are widespread reports of cold-stun kills as a result of the […]