As someone who’s spent nearly two decades immersed in the Outer Banks—and specifically Carova’s one-of-a-kind market—I always keep a close eye on national housing trends. July brought a noticeable slowdown in single-family home construction: down 9.9% from June and 15.7% year-over-year, with total housing starts dropping 12.4%. While that kind of dip can make headlines, it’s worth noting that building permits actually rose 5%, suggesting that there’s still confidence and plans for future growth, even as high mortgage rates and economic uncertainty linger. In markets as unique as ours—with their own rhythms and challenges—understanding these shifts is key. My approach has always been to blend national insight with local expertise, helping buyers and sellers make smart, informed decisions no matter what the broader numbers say.
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