July 2017 Real Estate Newsletter

Posted on Posted in News Letter
We hope everyone had a great Fourth of July holiday! The sidewalks have been taken over by daily joggers, bicycles, baby strollers, and the casual explorer. Island time here on the Outer Banks is in full swing. Daily work routines have been replaced with fun adventures for all vacationers, and it’s been a great summer so far!  The weather has been a bit more tropical with high humidity and afternoon showers, but there is still plenty of sun to allow for perfect beach days. 
Fantastic news for anyone going to be in Duck, the beach nourishment is officially complete!   The nourishment just started in Kill Devil Hills and will also continue in Kitty Hawk and Southern Shores in a few weeks. The H20BX water park is officially open for business as well. Many great things are happening here this summer!
On the real estate front, June continued to have the same pattern as May predicted. Though homes sales are still impressive, they have slowed a bit due to the summer season. Showings have decreased because of limited accessibility to view homes during the week. Days on the market average has dropped. We have had several inquiries about listed properties and many potential buyers asking when the inventory will pick up again. This is always a positive sign. The fall should continue to bring in record numbers of sales as did the beginning of the year. 
As always, please don’t hesitate to call or email with any questions, or if you need anything. If you’ve been thinking about selling, we are happy to assist you with a free market analysis of your property.  If you or anyone you know is interested in buying property, we would love to help find the perfect home on the Outer Banks.  Please feel free to stop by our office in Duck to say hello if you’re in the area. We hope everyone has a happy and safe summer!