“April prepares her green traffic light, and the world thinks, “Go!” – Christopher Morley. There was no doubt that the green light turned on as April drew near, whether it was a literal portrayal of this by the growing percentage of cars on the road and restaurants reopening or a symbolic depiction by the growing plants and blooming flowers. Whatever the case, spring is here now that April has arrived!
The OBX Homes team is excited to share details about an upcoming event that is near and dear to our hearts. The Outer Banks SPCA will host a Bark in the Park event at Jockey’s Ridge State Park in Nags Head on Sunday, April 23, from 1 to 5 p.m. We’d love to see you there if you are in the area. If you want to support this event or the SPCA in general, please go to https://www.obxspca.org/donate/. We all know how much joy our pets bring us, and this is a fantastic way to help animals in need and anyone thinking about adopting.
In local news, two new, well-known companies, Target and Marshalls, officially opened their doors for business at the end of March and the beginning of April. Even though some locals and visitors might not have initially embraced the development of these stores in our neighborhood, the economic benefits of more jobs generated, taxes being collected, and more consumer options should ultimately lead to positive changes for the community as a whole.
In real estate news, our local market demonstrates that it’s more resilient to economic challenges regardless of the nationwide financial climate because of continued demand and a minimal supply of properties for sale. Because many buyers are purchasing properties as investments, the strong possibility that interest rates will level off to prevent potential bank collapses and the uncertainty surrounding other investment options keep our market competitive. In fact, our team had its busiest week of the year during the final week of March. Although we realize that this may be attributed to the seasonality of our market, it is worth noting that there are many buyers on the sidelines still waiting for the ideal property to come along.
If you’ve been thinking of selling, are looking to purchase, or have friends/family interested, please don’t hesitate to reach out, as we can send a free market analysis for your property and also add prospective buyers to the auto-email notifications for specific types of properties here at the beach. If you’re not able to visit in person, we offer virtual showings and are more than happy to preview a home for you and send some notes.
We’ve included the OBAR statistics report for March* for your review. If you would like a more tailored report with specific figures for your neighborhood, please let us know, as the report we send contains figures from Corolla south until Nags Head.
Please don’t hesitate to call or email us if you have any questions or should you need anything at all.
The OBX Homes Team
