Wind Power Meeting on the Outer Banks

Just saw this on wbtv.com. 

BUXTON, N.C. (AP) - The leader of the North Carolina Senate says he won't fight wind farms proposed offshore from an area he represents.

WRAL-TV reported that Sen. Marc Basnight said a public meeting in Buxton Friday that he's aware of concerns that wind turbines could disrupt scenic coastal views and tourism. But Basnight says alternative energy sources must be considered to thwart global warming.

His comments came at a meeting where researchers from the University of North Carolina at Chapel Hill described a new study that found 2,800 square miles of coastal water could generate industrial-scale wind energy.

The researchers say offshore wind farms could supply 130% of all the power used by North Carolina in…

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Corolla Sold Homes Report 9-25-09

Below you will find the 67 sold homes on the Outer Banks from January 1, 2009 to August 31, 2009 in Corolla.  The lowest price sold home was $285,000 and the most expensive was $2,880,000.  The average home in Corolla sold for $653,472.   

The average sold home in Corolla spent 249 days on the market.  A positive sign is the median days on the market was 176.  That number is most likely a more true representation of how long it is taking to sell a home in Corolla. 

We are seeing the Corolla real estate market slowly strengthening.  For those looking to buy a home in Corolla, there are still excellent opportunities.   

Sold Homes in Corolla, NC - January to August 2009

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Kill Devil Hills Home for Sale - 103 Sandy Ridge Trail

     This is an great Kill Devil Hills home being offered for $236,000. Brick ranch with lots of curb appeal in a year round subdivision. This single level home has 3 bedrooms and 2 baths on a 12500 S. F. landscaped lot. Attached garage, large porch on the front and private deck on the back of the home all contribute to the convenience and enjoyment of one level living. On those cool fall and winter nights enjoy a fire in the wood stove. The seller's are offering a $3,500 carpet allowance to the buyer which will make the home move in ready! Don't wait make this Kill Devil Hills home yours. 

Call 252 255 6484 for more information or email dawn@seasiderealty.com

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Buying a Home on the Outer Banks

Buying a Home on the Outer Banks 

     When buying a home on the Outer Banks, there are several items to consider that will help you through this process.  You should determine your budget when looking for property.  We have several local lenders that will be happy to give you interest rates, percentage for down payments, monthly payments and discuss your options of having a second home versus a rental home loan. 

     Once you decide on your budget, you should decide how you want to use the home.  Will this be strictly a rental generating as much income as possible with you taking a few weeks out a year to enjoy and possibly the fall of the year?  Do you want this to be a second home that you can escape to whenever your schedule permits?  Some people…

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