There is still time to take advantage of the lack of inventory!  We are hearing doom and gloom all over the mainstream media. Interest rates are at a 20 year high, inflation is out of control, costs of living is on the rise etc. And yes, the interest rates are the highest I have seen in my 15 years of practicing real estate. But let's think about this. First of all, there is no such thing as a national real estate market. Real estate is local in nature and markets can be dramatically different from state to state, city to city etc. The coast of NC is still a destination market, and in general, the entire state of NC is a destination market.

Buyers are coming here for the lower taxes, milder climate, more affordable costs of living and the quality of life that mountains to the sea offers.  We've had a lot of conversation around the office about the current market conditions and the consensus seems to be that the second homeowners are positioned the best to still enjoy peak market pricing. And typically the second homeowner is not in a position of having to buy back into the market, so they don't have to take out a mortgage at the current higher rates.  The bottom line is the window still has not closed on sellers to realize top dollar for their homes...not yet.  If you are thinking of selling, let's get started!