The Outer Banks of NC is not the only place there is a lack of inventory for home buyers, however we are a little unique. Our housing market took a hit when we had to close the area due to the pandemic. Then, when we opened it up for visitors, and buyers understood that they could now work from home, our market took off like a wildfire. Why not have a home at the beach you can work from.
We also found that some investors were now taking their homes off of the rental market so they could use them as 2nd homes. This put a hit on our rental market and the demand for new investors to buy and fill that void. This brought a lot of new investors to the area. Basically, everything that was on the rental market stayed booked, and the demand continues. Our homes are booked solid for this rental season!
Whether you are looking for a 2nd home, year-round, or investment property, we still have a place for you! If you have the patience to wait until your dream home comes on the market, we can make it happen for you. As soon as something hits the market, we are here and we can do a virtual showing and walk you through the house. So, you don’t miss an opportunity, you will want to have all of your ducks in a row and be ready to make a solid offer, showing you are pre-approved and good to go. We have sold many a home this way during these challenging times, and we make it happen for you! Call Kaye Jones, 252-261-9477, our local lender who can help you with qualifying.
Some buyers have gone silent thinking it will not happen for them, but being patient can be the key. We often tell buyers, don’t settle, just be patient, the next one that comes on the market could be your dream home.
Bottom Line
If you’re planning to buy this year, the key to success will be patience, given today’s low inventory environment.
Give us a call with any questions you have on investing in our market – The Doshier Team wants to help you “Put the Outer Beach in Your Lifestyle”
