September continues to bring shifts in the U.S. property market—national home prices are still climbing, but many metro areas are seeing declines. Rising mortgage rates are slowing down sales and contracts, leading to more cancellations and a noticeable drop in refinancing. Adjustable-rate mortgages are gaining ground as buyers adapt. With nearly two decades of experience navigating the unique Outer Banks market, I’m always watching how these national trends can ripple through our coastal community, from Carova’s 4×4 beaches to our sought-after, secluded neighborhoods. My focus has always been on guiding clients through changing conditions with local expertise and a client-first approach, ensuring you make informed decisions in any market climate.
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