IT'S OFFICIAL!

April will be a month with more contracts than April of 2008. Throughout the Outer Banks agents are talking about an increase in inquiries this spring. A few things still have to happen before prices rise. First, this statistic must continue for a signficant period of time. One month does not make a trend. Second, we must sell off the some of the current supply. Some markets still have years worth of supply available even at the current pace of properties selling. However it sure is nice to report something good about real estate for a change!