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I checked with some local stores in SC and NC and yes the used market is strong and the new inventory is not all it could be. There is a lot of interest but the price increases are making folks think a little longer before moving.
The price increases are here to stay. The pool of builders has shrunk and with everyone staying close to home there’s more time for playing music in small settings. Lots of newcomers up playing too. Both my nieces have started playing in the last year. They are both well employed and wanted good instruments to learn on.