Tag Archives: construction

Crystal Coast Home and Mortgage Report

Local conditions affect price. National conditions affect financing. There have been a lot of changes nationally that affect the sale of real estate locally . Let’s take a look at what they are. The National Association of Home Builders report that as of September, “291 metropolitan areas across the country now qualify as improving housing markets”. This is determined by looking at local employment, new construction permits issued and home appreciation rate. 80 percent of the designated…

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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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Hot Real Estate Market

Hot Real Estate Market! Really? For the past three consecutive Tuesday’s some type of great news about the real estate market and home prices have been released. The news has come from typical sources like the National Association of Realtors. But network news and even the President of the United States have offered up a much needed reprieve from the years of real estate bankruptcy…

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