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 […]
Real estate experts all across the country were thrilled to hear the latest numbers on the national housing market recently. That’s because sales of existing U.S. homes showed a slight increase between March and April, reversing a 12-month trend in which home purchases had been dropping. This wasn’t the only good news that the National […]
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 […]
Frankly, it’s hard not to feel encouraged and optimistic about the real estate market these days. Everywhere you look, positive real estate trends are popping up, further emphasizing that the worst days of the economic recession are in the rear view mirror now. And here’s another recent nugget of good news: Home prices all across […]
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 […]
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 […]
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. […]
Like a bear waking up from winter hibernation, Hatteras Island is coming back to life as we near closer to spring and warmer weather. College spring break has come and gone and now Easter and lower school spring break is about to be upon us. There are lots of fun events and happenings coming up […]
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 […]
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 […]
