Meteorologists are closely tracking the projected path and forecast of Hurricane Erin, which is the first hurricane to develop over the Atlantic this year.

North Carolina expects coastal flooding from massive waves, tropical-storm-force winds and tidal and storm surges for much of the state shoreline, especially the Outer Banks, as well as life-threatening rip currents for most of the week, Stein said, adding, "No one should be in the ocean."

Videos show massive waves lashing abandoned homes on North Carolina's Outer Banks as the storm passes the U.S.