Since 2020, we have seen the housing market explode.  Some expected this to fizzle out in 2021, but three months into 2022 and the housing market, especially in the OBX is hot.  More importantly, there is a lack of inventory, which is sending prices up.  Inventory is down 34% between February 2021 and February 2022. Current inventory in the Outer Banks Association of Realtors’ MLS system is sitting near 700 properties whereas last year it was just over a thousand.  Moreover, in March 2020, there … Continue reading...