Tag Archives: buying

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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Homeowner Insurance Rates to Increase

Homeowner Insurance Rates. On March 5, 2013 Wayne Goodwin, North Carolina Insurance Commissioner signed an agreement with insurance companies allowing a statewide rate increase of homeowner insurance of on average 7 percent. The actual rates vary tremendously according to individual territories within the state. The North Carolina Rate Bureau, which represents the insurance companies, had requested an overall statewide….

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Coastal Property Insurance Pool

The Coastal Property Insurance Pool, formerly known as the Beach Plan, was created in 1969 by the North Carolina General Assembly to provide an adequate market for essential property insurance, ensuring the economic welfare of the beach and coastal areas of North Carolina. The Coastal Property Insurance Pool is not a facility of North Carolina state government; however, the plan of operation is subject to…

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