OBX Housing Wave Feb 2021

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Real Estate

The PERFECT STORM

January statistics show an amazing drop in inventory of 67% compared to last year.  I know we’ve been consistently talking about shrinking inventory, but this is unlike anything we’ve seen in over 20 years in the business.   Understandably, sales are up 81% on the Outer Banks. However, a lack of inventory has hurt sales in many areas due to the fact that there is nothing available for buyers to buy.  For instance, ...
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