Although closings continue to be down from year to date in 2019 (-12%), activity has been good which is evidenced by under contracts being up 6% in January! We expect this figure to increase as the weather gets warmer and we inch closer to the summer season. Lynn and I both have been busy talking with potential buyers so are very excited about the next few weeks. Inventory has continued to increase, up 9% compared to January 2018, so buyers should have plenty to choose from, but sellers, or potential sellers need to keep an eye on overall inventory.
Outer Banks Real Estate Insights and News Feb 2019
Mar 08, 2019