As we enter the summer months and work through the challenges associated with the current health crisis, many are wondering what impact the economic slowdown will have on home prices. That is the number one real estate issue I am being asked about. Looking at the big picture, supply and demand will give us the […]
With stay-at-home orders starting to gradually lift throughout parts of the country, data indicates homebuyers are jumping back into the market. After many families put their plans on hold due to the COVID-19 pandemic, what we once called the busy spring real estate season is shifting into the summer. It is showing in our MLS on the OBX […]
By mooseobx in with 0 Comments
We are past Memorial Day and into the Summer Season. We know it is going to be busier with visitors coming in. The real estate world is going to be busy too. It already is. The Outer Banks Association Of Realtors released its April statistical report on May 8, which I covered a couple of […]
By mooseobx in with 0 Comments
The Outer Banks Association Of Realtors released its April statistical report on May 8. Like every other business sector, the effects of COVID-19 are evident. But is the news all bad? From OBAR’s report “As expected, total month to month sales are down 23% April; however, when comparing 2019 to 2020, sales are up 4% […]
The date for visitors to return to that place we all love, the OBX, has been set; it is May 16. From Dare County: Dare County, in coordination with Hyde and Currituck Counties, will lift restrictions on entry for visitors beginning Saturday, May 16 at 12:01 a.m. This is when checkpoints will no longer be […]
I realize our widespread Covid-19 slowdown has resulted in many deciding to put their real estate plans on hold. They just want to see what happens as we start the business world back up. I fully understand. However, there are those who just can’t wait. If you are in that group the news is not […]
By mooseobx in with 0 Comments
It is April 28th, the day after my wife’s birthday. Mine is exactly two weeks after hers. As our FaceBook memories pop up around those days most of them are in Ocracoke. We are frequent visitors to the island and, over the years, have made friends there both through business trips and pleasure trips. It […]
April 27th UPDATE! Dare County officials say they were caught off guard when Currituck officials last week announced they would allow visitors to return to the northern beaches of Corolla and Carova as soon as May 15. Now that date is off the table. See below. It is April 22nd, and we have a plan […]
It is April 22nd, and we have a plan from Dare County. I am happy I don’t have to make these decisions! On this issue, it is tough to balance the needs and desires of all of us who have an interest in The Outer Banks. There is no past history to draw upon for […]
It is mid-April 2020. With all of the unanswered questions caused by COVID-19 and the economic slowdown we’re experiencing across the country today, many are asking if the housing market is in trouble. For those who remember 2008, it’s logical to ask that question. Many of us experienced financial hardships, lost homes, and were out of […]
