The moratorium, according to city manager Shawn Gillen, was put in place to give the Tybee City Council time to consider potential modifications to the island's current short-term rental policy.

The properties were purchased for a total of $4,175,000. Celia Dunn Sotheby's International Realty's Rachel Umbreit and Ruthie Lynah-Whitlow represented the seller. She paid little around $1.5 million for the island compound in 2001. Her investment had already yielded a profit. Before she chose to sell the house, it was offered as a holiday rental for as much as $1,400 per night.

Property flood insurance prices are fluctuating. However, there is something that many property owners can do right now that could result in decreased insurance prices for some. WTOC Investigates spoke with an industry analyst who stated that most policyholders can expect a decrease or increase of up to $240 on their annual policy. Here's what's driving the changes and what you can do about it right now.

The temporary halt on the construction of new rental houses on Tybee Island is already having a detrimental impact on the housing market.

This is according to local realtors who spoke to WTOC on Monday, only two weeks after the city imposed a 90-day freeze on new rental property registrations.

The home market on Tybee is "hot" during the pandemic, according to some. The housing pool was frequently depleted. People are afraid to buy now, according to some real estate brokers WTOC spoke with, since they don't know if their home can be rented after the moratorium ends.