Category Archives: Crystal Coast Latest News

For Sale By Owner – A New Service for You

FLAT FEE LIMITED MLS AVAILABLE WITH HITCHCOCK REALTY!

Selling your house on your own? Great! Now For Sale By Owner (FSBO) have access to one of the most powerful tools in the real estate industry-The Multiple Listing Service (MLS)

 “MLS's are a powerful force for competition. They level the playing field so that the smallest brokerage in town can compete with the biggest multi-state firm.” Realtor.com That’s right! The most powerful tool in a real estate broker’s arsenal is now available to the FSBO...

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Crystal Coast Real Estate Market Report

Here is the painful truth about the Crystal Coast real estate market place. The Crystal Coast has a Wal-Mart size of inventory but it has a convenience store sized customer base. The area has never been able to handle successfully more than 1,000 active homes for sale at a single time. We’ve been above 2,000 active properties since the year 2005. Normally when you have an excess of inventory you reduce price to motivate sales. Crystal Coast homes are on average about 10 percent...
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Crystal Coast Real Estate and Home Report

Fall real estate activity can be interesting along the Crystal Coast. October for example is traditionally one of the most active sales month of the year. With the month of September nearly under our belt, how is the end of the year starting to shape up? What about Crystal Coast home prices? The home market looks in decent shape. The average price of a Crystal Coast home is currently at $219K with a 16 month supply of inventory.

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Flood Insurance Act Increases Rate

Flood insurance. It is a necessity for a good portion of home and business owners along coastal North Carolina. Flood insurance is a necessity that can save you if impacted by an event but can also feel like it can break you if the rates are too high. The rates started a mandatory rise due to an Act passed last year by Congress. Fortunately not everyone will be affected by this increase….

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Home Sales No New Buyers Just New Suppliers

Home sales across America are fantastic. Inventories have dwindled down to just a 5.2 month supply according to the National Association of Realtors. New construction is so active that builders can’t find enough workers to keep up pace with demand reports the National Association of Home Builders. It is a completely different story in eastern North Carolina. Onslow County has an 11 month supply…

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Buying a Home in Carteret County

Buying a Home in Carteret County. Whether someone buys or not usually depends on the home prices. But this is a very diverse area so consequently the prices are very diverse too. Better known as the Crystal Coast our coastal region has everything from deep back woods to big beachfront properties. We’ve got city, rural and everything in-between. In addition the area is still righting itself from the storms of the real estate bubble…

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Crystal Coast Housing Market Report – May 2013

Crystal Coast. Big news in real estate mortgage rates came at the end of the month of May. The average 30 year fixed mortgage rate hit a yearlong high at 3.99 percent. The last time 30 year rates were that high was May 2, 2012 when it was at 4.02 percent. Ironically last year’s figure marked an all time low for mortgage interest rates….

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Saltwater Catch 2012 Data Just Released

Saltwater Catch Data. Answer this question quickly. What do you think is number one on the list of recreationally harvested fish in North Carolina? Would you believe dolphin? The North Carolina Division of Marine Fisheries (NCDMF) today released its 2012 harvest data for both commercial and recreational fishermen. If you thought the dolphin question was surprising, just wait to find out the whole story. Some of its good and…

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