Does Record Tourism in 2015 Make Fall A Good Time to Buy A Beach House on the Outer Banks?Posted by Mike Bishal on
As tourism drives the economy of the Outer Banks, it also plays an important role in driving the local real estate market. For those Outer Banks home owners who rely on rental income, the state of tourism can become even more important. Over the last several years, we saw tourism continue to grow.
A recent report from VisitNC research site shows tourism spending on the Outer Banks broke 1 billion for the second consecutive year. There were some early reports during the year, that tourism looked to be off for the OBX, but as the Outer Banks reports it looks like we could have another record year for tourism:
Last week, new data showed visitation at the state’s natural and cultural sites for Fiscal Year 2015-16 that ended June 30 was up 7.7…
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