Archives for December 2023

New Septic Rules Effective January 1, 2024

New Septic Rules Effective January 1, 2024

New septic regulations adopted by the NC General Assembly become effective on January 1, 2024. These rules affect the repairs of existing systems and establish guidelines for new systems classified as high-capacity uses, such as restaurants, churches, and other similar uses. The information included below is from the Dare County Health Department, listing several concerns with the new rules:

  1. The applicability of the rules as it pertains to the installation of repair systems for systems permitted prior to January 1, 2024 The new rules are not supposed to apply to systems that have an IP (Improvement Permit), EOP (Engineered Plan), NOI (Notice of Intent to Construct), etc. issued before January 1, 2024 except for when the repair system is to be installed.  This means homeowners will now be forced to contract with an engineer to design advanced pretreatment systems for the designated repair areas (see concern number 2 below as concerns 1 and 2 are closely linked).
  2. Loss of best professional judgment for EHSs.  The ability for local staff to use their experience working with local soils and environment has been severely restricted.  DEH staff will no longer be able to work with people on challenging repair situations.  Forces use of designated repair areas which often may involve use of some form of advanced pretreatment creating an exceptional financial burden on property owners.
  3. The labeling of all uses that fall into certain categories as high-strength wastewater Churches, schools, RV parks, restaurants/food service, etc. The rules force the use of advanced treatment equipment when designing systems to serve these uses. These systems cost more to install and require significant ongoing O&M costs.

Dare County officials are evaluating the potential for revisions to the rules in the 2024 legislation session. The Government Affairs Committee will be discussing these new rules at their December meeting, and additional information for OBAR members will be forthcoming following that meeting.

December OBX Update

Outer Banks a Year in Review

The insanity of the Outer Banks market continues.  The almost full-year snapshot reveals some interesting things for sure!

Below, you’ll find each town broken down for SINGLE FAMILY HOME sales from January 1st to November 30th.

Area 2023 Sales Median Price 2022 Sales Median Price %Diff
Corolla 197 $930,000 310 $895,000 36%
Duck 60 $1,087,500 99 $1,050,000 39%
SShores 74 $743,000 105 $780,000 29.50%
Kitty Hawk 53 $690,000 91 $659,000 41%
KDH 167 $549,000 270 $530,000 38%
Nags Head 120 $712,000 174 $799,000 31%

The strangest thing I’ve ever seen is a decreased demand by this much and ZERO effect on pricing.  The only thing that is keeping it afloat is the continued lower inventory.  If next spring we get the typical 30% spike in inventory and demand stays low or lower, you can expect falling prices almost immediately.

Area Active 30% Increase New Active #Months Inventory
Corolla 88 26 114 6 months
Duck 21 6 27 5 months
SShores 17 5 22 4 months
Kitty Hawk 18 5 23 5 months
KDH 60 18 78 5 months
Nags Head 40 12 52 5 months

As you can see, it won’t take many listings in each market to push the inventory to 5 or 6 months.  And this is based on current demand numbers.  If demand weakens more, it could push the absorption rate higher, creating even weaker conditions.  Only time will tell, but we’ll be watching!