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NC Outer Banks Local & Real Estate News by Blue Horizon Realty

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Articles & Events 07/27/2012

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OBX Real Estate Sales Take a Summer Dip

Summer is the traditional start of the slow period in real estate sales on the Outer Banks. Which makes sense. Showing a rental property is almost impossible in the summer, and owners don’t want to give up the seasonal cash flow. So it comes as no surprise that the June statistical report from the Outer Banks Board of REALTORS (OBAR), using data from the Outer Banks MLS, indicated a year-to-date slowdown in sales. But the overall trends continue to look good compared to last year.