Thursday, July 5, 2012

New bookstore now open in Manteo



Feed: Business from obsentinel.womacknewspapers.com
Posted on: Tuesday, May 29, 2012 4:57 PM
Author: Business from obsentinel.womacknewspapers.com
Subject: New bookstore now open in Manteo

The page of a new chapter for Downtown Manteo was turned recently as Duck's Cottage Downtown Books held its official ribbon-cutting with the help of the Outer Banks Chamber of Commerce.

View article...

Attorney responds to State Bar complaint



Feed: Business from obsentinel.womacknewspapers.com
Posted on: Tuesday, May 15, 2012 4:32 PM
Author: Business from obsentinel.womacknewspapers.com
Subject: Attorney responds to State Bar complaint

Dare County attorney Dan Merrell has responded to the complaint filed against him by the North Carolina State Bar on April 12.

View article...

Outer Banks Real Estate News & Updates


MAY2012 OUTER BANKS REAL ESTATE MLS STATISTICS: (top of our homepage, first paragraph of text)

TOPCASH FLOW PROPERTIES TO HIT THE MARKET IN THE LAST COUPLE WEEKS
CURRENTINVENTORY OF FORECLOSURES ON THE MARKET
KILL DEVIL HILLS - The Planning Board last week recommended approval of a zoning ordinance amendment request to clarify language on non-conforming oceanfront lots. The language sent to the Board of Commissioners for approval would allow development of a real estate lot that is 50’ wide or less without having to apply for a variance if all setback requirements can be met.

BEACH PLAN INSURANCE FACTS - With all the controversy in the local press about sea level rise and other coastal issues, many letters to the editor and on-line comments ultimately bring up “problems with the Beach Plan”. Comments include statements such as “due to huge losses in the Beach Plan the rest of the state is paying more in homeowner’s insurance premiums.” In a nutshell, the impression is that the rest of the state has subsidized our insurance. This is totally untrue. It is unfortunate that this message continues to spread.  To ensure that you are informed and aware of the facts: From the inception of the Beach Plan in 1969 through FY 2011, Beach Plan realty policyholders have paid $2.187B in premiums and only incurred $783.834M in losses.  To repeat - $2.2B in premiums earned compared to $784M in incurred losses over 41 years.  That is a difference of $1.4 billion to cover operating expenses, loss expenses, agents’ commission, build a reserve fund and be distributed to Beach Plan Association member companies statewide.  FYI - The data from above was derived from Income Statements forwarded from the NCIUA (Beach Plan) office.  Please help in educating those that continue to disseminate incorrect information.
KILL DEVIL HILLS - No fresh eggs for now! At the June 11th Board of Commissioners meeting, the Board ended up in a 2-2 tied vote (Commissioner Buske was absent) on a zoning ordinance text amendment to allow chicken hens in certain zoning districts on the west side of the bypass.

OUTER BANKS SENTINEL NEWS:

Hearings set for power-rate increase: Dominion North Carolina Power has applied for authority to increase its rates for retail electric service, with a proposed effective date of April 30.
County to allow fishing pier in Hatteras Village:  At its June 18 meeting, the Dare County Board of Commissioners approved a zoning ordinance text amendment adding fishing piers to the list of conditional uses in the C-2H district in Hatteras Village. The approval opens the way for moving forward with plans to construct a facility called the Hatteras Island Ocean Center.
Internet gambling rules set in Nags Head:  At its June 6 meeting, the Nags Head Board of Commissioners approved proposed zoning ordinance text amendments to regulate Internet game machines and Internet Cafes within the town.

Monday, April 30, 2012

Outer Banks Real Estate Statistics March 2012

The real estate market for investment property on the Outer Banks is looking up still.  When you look at the March 2012 statistics, more listings are being placed under contract. As a matter of fact, the Outer Banks realty numbers for homes and land for the month of March are the best since October 2005. Overall home sales are up 25% and listings going under contract are up 11%.

Monday, April 23, 2012

Outer Banks Real Estate News


It's Biker Week on the Outer Banks!   Make sure to update us on your real estate direction.  We take the time to put these informative newsletters together in to provide you with the best real estate advice and online resources...period!  A casual chat about the market will surprise you, as our approach to this business is not what your used to.  I promise!

FEBRUARY AND MARCH MLS STATISTICS - (first part of the body text)

NEWEST CASH FLOW PROPERTIES TO COME ONTO THE OUTER BANKS MARKET

CHECK OUT THE LISTED FORECLOSURES ON THE MLS

MOSQUITOS – Due to the mild winter Dare County will begin spraying for mosquitos 6 weeks earlier this year. Although funds were budgeted to begin spraying in mid-May, additional funds have been approved to begin this week – April 2nd. The County has already begun treating areas of standing water to kill mosquito larvae.

SOUTHERN SHORES – Town Council will hold a public hearing on Tuesday, April 3rd on a zoning ordinance amendment that would add Stormwater Management to the Lot Disturbance section of Town Code. If approved, the Lot Disturbance and Stormwater Management Ordinance would not only apply to grading, filling or other alteration of the topography or elevation of any unimproved lot, or demolition and clearing of any improved property but would also apply to any manmade change to any improved real estate that would require a building permit AND results in the discharge of stormwater onto an adjacent property.

KILL DEVIL HILLS – At last week’s Board meeting, NC DOT Engineer Jerry Jennings expressed his concerns about lowering the speed limit from 50 to 45 or 35 throughout the Town. He did agree with lowering the speed limit to 45 on the bypass from Colington Road to the Nags Head Elementary School. He stated that accidents on that stretch of highway are twice the state average. However, the accident rate is much lower than the state average on the bypass north of Colington Road. Jennings also reported that the light at Landing Road should be operational by the 6th of April.

NAGS HEAD – Commissioners discussed recent changes to the NC Residential Building Code which took effect March 1st. Planner Elizabeth Teague informed Commissioners of some issues in the newly revised code as to how it relates to Town ordinances. The new code now requires an additional foot of elevation above base flood (freeboard) which means that first floor elevation will now be measured from “regulatory flood protection elevation” and not from base flood elevation.

LOWE'S HOME IMPROVEMENT PHOTO - KILL DEVIL HILLS

OUTER BANKS SENTINNEL NEWS:

The Lost Colony prepares for eventful 75th season
The Lost Colony is gearing up for its 75th season, and the year-long "diamond anniversary" celebration has already begun, according to Theater Manager and Interim CEO Brandon Smith and Director of Marketing Charles Massey.

Town wants pier to end unfair practices
At its April 4 meeting, the Nags Head Board of Commissioners agreed that Jennette's Pier has engaged in unfair practices that have violated its promises not to compete with other fishing piers in the town. The board also voted to call upon the pier to put an end to these practices.

Museum exhibit shows Titanic ties to Outer Banks
"Have struck iceberg." The alarming message sent from the R.M.S. Titanic on the night of April 14, 1912 was first received and recorded at the Hatteras Weather Bureau Station.

Wednesday, February 15, 2012

Few new updates! Keep in mind we dedicate our time to people who want the best in Outer Banks real estate service, use us as their representing agent, and keep us informed with their direction. We do  provide the absolute best in Outer Banks realty resources! Happy Valentine's Day!

MID-CURRITUCK BRIDGE (COROLLA) UPDATE:
The North Carolina Turnpike Authority (NCTA) has selected a Preferred Alternative for the Mid Currituck Bridge project. The alignment for the Preferred Alternative, identified in the project's Draft Environmental Impact Statement (DEIS) as MCB4/C1, places the bridge in the northern (C1) corridor with a second bridge across Maple Swamp (Option A). Aydlett Road would remain open to traffic and turning movements would not be restricted at Waterlily Road.

BROWSE THE LATEST OUTER BANKS FORECLOSURES FOR SALE

UPDATE ON HATTERAS BEACH DRIVING PERMITS:

Beginning February 15th, an Off-Road Vehicle (ORV) permit will be required to operate a vehicle on the designated ORV routes at the Cape Hatteras National Recreational Seashore. Permits can be obtained beginning on February 15th at any of the three NPS ORV permit offices located at Coquina Beach, the Cape Hatteras Lighthouse Visitor Center (Buxton), and the Ocracoke Visitor Center. Permits have to be obtained in person because the person utilizing the permit is required to watch a 7-minute informational video. Permitting offices will be open year-round, seven days a week, except Christmas Day - from 8 a.m. to 4:30 p.m. - with expanded hours on weekends and holidays during the summer season. The cost of an annual permit (valid for the calendar year) is $120. A 7-day ORV permit (valid from the date issued) will cost $50.In order to provide the public with ample time to obtain a permit, there will be a transition period between February 15 and March 15 before the rule is fully implemented and enforced. During the transition period, the NPS will install new ORV route markers and information signs and begin implementation of the species management measures that were identified in the December 2010 Record of Decision for the Seashore’s Off-Road Vehicle Management Plan / Final Environmental Impact Statement. Visitor contacts during the transition will focus on informing the visiting public about the ORV permit and other beach driving requirements under the special regulation. The National Park Service (NPS) has prepared a Frequently Asked Questions (FAQ) information sheet and a map showing designated ORV routes as well as pedestrian areas where ORVs are not authorized. The FAQ and map are now available on the Seashore’s website located at: http://www.nps.gov/caha/planyourvisit/off-road-vehicle-use-new.htm

TEMPORARY HATTERAS BRIDGE UPDATE:

The N.C. Department of Transportation will begin temporary lane closures tomorrow, Wednesday Jan. 18 at 7 a.m., near the temporary bridge on N.C. 12 at Pea Island as crews install protective measures to prevent erosion near the south end of the bridge. Lane closures will take place daily from 7 a.m. until 6 p.m., and work is expected to last for the next four to six weeks. During lane closures, crews will begin by realigning the guardrails in order to bring in a crane for a majority of the work. The work will include placing large stones and additional retaining walls at the south end of the bridge in order prevent erosion.
NEWS FROM THE OUTER BANKS SENTINEL:

New project would be a fishing pier - and much more: If all goes the way that Eric Kaplan sees it going, Hatteras Island may have a new fishing pier in the near future.
KillDevil Hills Board conflict: From the moment newly-elected Kill Devil Hills Mayor Sheila Davies and Commissioners Mike Hogan and Brandi Rheubottom took their seats on the town's board at its Dec. 12 meeting, it was clear that there was a new power dynamic at work on the board.
Kelly's parade applications available
The 23rd Annual Kelly's St. Patrick's Parade set for Sunday, March 18, will celebrate The Outer Banks Hospital's 10th Anniversary and a decade of care. DUCK TOWN HALL GRAND OPENING FEBRUARY16, 2012 - see the work in progress