Vacation Home Sales Surge in 2013; Investment Property Declines

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DAILY REAL ESTATE NEWS | WEDNESDAY, APRIL 02, 2014 Vacation home sales rose strongly in 2013, while investment purchases fell below the elevated levels seen in the previous two years, according to the National Association of REALTORS®. NAR’s 2014 Investment and Vacation Home Buyers Survey, covering existing- and new-home transactions in 2013, shows vacation-home sales jumped… Read more »

BIG NEWS FOR THE OBX!

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President signs flood insurance affordability act By Outer Banks Voice on March 21, 2014   Kitty Hawk after Hurricane Sandy. (NCDOT) President Obama has signed legislation that will roll back a previously passed law that would have made federal flood insurance unaffordable for some property owners.  Called the Homeowner Flood Insurance Affordability Act, the bill delays changes… Read more »

Good News! Senate passes Flood Insurance Bill

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  On Thursday the US Senate gave final congressional approval to the Homeowner Flood Insurance Affordability Act (HR.3370). The bill passed the Senate 72-22. It has passed the House and will now head to the President’s desk for signature. The bipartisan legislation going to the White House includes offsets for the costs of H.R.3370, which… Read more »

Incredible Summer Ahead!

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Driving into the sales office this morning.  Hard to believe more snow and sleet! This is a sign we will have an incredible Summer!  I’m ready! Courtesy Whitney Hawkins, Sales Broker Duck office.