Oceanfront property values are a major economic driver in our region. It doesn’t take an economist to understand why: The oceanfront owner enjoys private views and direct access to the beauty of the ocean and beaches, as well as all other private property rights. That leads to higher prices for oceanfront property, which helps fund other sectors of the economy.
This past November, the N.C. Court of Appeals ruled that the privately owned “dry sand beach” (in front of your beachfront property) is subject to “public trust” rights that allow “enhanced public access” to that beach area.
Translating from legalese, this means that unless the case is overturned by the N.C. Supreme Court, as an oceanfront propert ownery:
Cece Nunn - Jan 14, 2022
Johanna F. Still - Jan 14, 2022
Dosher Memorial Hospital Foundation received more than $730,000 in donations, grants, endowments and fundraising during the hospital’s past...
Check out the top 10 most-read Greater Wilmington Business Journal by online readers in 2021....
Citing an increase in COVID-19 cases in late December before the holidays, New Hanover County’s health board said it would again discuss ind...