As the busy summer tourist season starts in the Outer Banks both the weather and the real estate market are heating up for buyers. The Outer Banks Association of Realtors May 2019 Statistics show that residential inventory continues to climb, up over 7% from last year at this time. Buyers looking for land will see an even bigger increase with over a 22% increase in available land inventory compared to last year. Median home prices are showing an increase year over year in most of our local communities with values up between 5-15% depending on the region. These data points, coupled with lower mortgage rates, mean it is a great time to buy in the Outer Banks.
If you’ve been dreaming of buying your OBX dream home, let our team at Outer Banks Realty Solutions help you take advantage of this buyers’ market and show you what’s available. From sound side bungalows to oceanfront dream homes, we can help you find what you are looking for in the Outer Banks. Call our team of experts today at 252-261-9003 and let us help you make your beach dreams a reality.