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Wilmington Weekly Update – July 28, 2010 - 07/28/10 12:54 PM
Quote of the Week: “Opportunity is missed by most people because it comes dressed in overalls and looks like work.” -T.Edison Local Market Statistics There are currently 5167 single-family homes for sale in New Hanover, Pender and Brunswick Counties. In the last 6 months (01/29/10-7/28/10), 2139 homes have sold. These numbers indicate that if NO other homes are listed for sale that there is approximately 14 months worth of inventory. During the last week (7/21/10-7/28/10): 141 Homes were listed FOR SALE 83 Homes went UNDER CONTRACT 60 Homes SOLD 116 Homes FAILED to SELL (Withdrawn or Expired) Please note all of (1 comments)
Happy Monday! June Housing Stats came in down 5.0% from May to a 549,000 annual rate. This was below expectations, but still up 15.1% from the low they hit in April 2009. Most of the drop came from volatile multi-family starts. Single-family starts were down a mere 0.7%. Most significantly, housing completions shot up 26.2% in June, the biggest monthly gain going back to the late 1960's. Builders clearly shifted focus from starting to finishing, as they pushed to close sales qualifying for the homebuyer tax credit. Finally, Building Permits were UP 2.1% for June, beating expectations, so things are (1 comments)
Monday Morning Coffee – 7/26/2010 - 07/26/10 08:51 AM
INSPIRATION FOR TODAY: “You were born an original. Don’t die a copy.” - John Mason DUPLICATE YOURSELF! Watch young children on the playground and you will notice them trying to duplicate each other. One hangs upside down on the monkey bars, and soon everyone is doing the same. Check out a pre-teen with a punky new hair-do, or a new style of “radical” footwear, and soon their friends are following suit. It continues in high school too, with “tricked out” hot cars and cell phones. So . . . is it any wonder that we attempt to duplicate each (1 comments)
See more pictures of 6404 Guy Court Active $850,000 Listing Information MLS ® : 449297 Bedrooms: 5 Full Baths: 4 Half Baths: 1 Sq Ft: 4635 Lot Size: .55 Garage: 2 Car Heat Source: Electric Property Description This home is what living in Wilmington is all about, biking to the beach, marina and waterfront restaurants and enjoying the area beaches and waterways because you have easy access to your neighborhood deep water boat slip (30 ft.). Enjoy Airlie Jazz music from your screened porch or while you’re relaxing by the pool with family and (0 comments)
Wilmington Weekly Update – July 21, 2010 - 07/21/10 03:53 PM
Quote of the Week: “Never regret. If it’s good, it’s wonderful. If it’s bad, it’s experience.” -Victoria Holt Local Market Statistics There are currently 5176 single-family homes for sale in New Hanover, Pender and Brunswick Counties. In the last 6 months (01/22/10-7/21/10), 2147 homes have sold. These numbers indicate that if NO other homes are listed for sale that there is approximately 14 months worth of inventory. During the last week (7/14/10-7/21/10): 151 Homes were listed FOR SALE 89 Homes went UNDER CONTRACT 70 Homes SOLD 119 Homes FAILED to SELL (Withdrawn or Expired) Please note all of these statistics are (1 comments)
Marsh Oaks – Wilmington, NC - 07/20/10 10:48 AM
Marsh Oaks is a beautiful community located in the northern part of New Hanover County consisting of various communities within the neighborhood from townhomes and patio homes to custom built homes by some of Wilmington’s finest and most respected builders. Marsh Oaks has a true neighborhood feel to it as there is a wonderful pool, clubhouse, tennis courts and playground that are always abuzz with activity. There are planned activities throughout the year that bring the community together including Christmas and Halloween parties. The sidewalks and wide streets throughout the community also encourage a friendly and safe environment for all of (0 comments)
See More Pictures of 4320 Lakemoor Drive Active $187,500 Listing Information MLS ® : 450677 Bedrooms: 3 Full Baths: 2 Sq Ft: 1426 Lot Size: .14 Garage: 2 Car Heat Source: Electric Property Description Great location, great condition and great price. All you are looking for is packaged nicely in the well appointed 3 bedroom, 2 bath home with a 2-car garage. Many recent upgrades including granite counter tops, ceiling fans and fixtures. Sunroom features new windows, tile floor and easy access to the oasis of a back yard abundant with beautiful landscaping and a (1 comments)
Monday Morning Coffee – 7/19/2010 - 07/19/10 09:35 AM
INSPIRATION FOR TODAY: “It’s OK to build castles in the air . . . so long as you build a firm foundation under them.” - Henry David Thoreau WANT TO ACCOMPLISH SOMETHING REALLY GREAT? Ever dream of becoming a U.S. Senator? Want to become an anonymous benefactor of youth programs in your community? Want to rise to the top 1% of your profession? Inspirational artist D. Morgan puts it this way: “The impossible dream . . . isn’t!” So – how do dreams become reality? Once your dream becomes your passion, you can begin building the foundation that will (1 comments)
Wilmington Weekly Update – 7/14/2010 - 07/14/10 09:25 AM
Quote of the Week: “If you don’t think every day is a good day, just try missing one.” ~Cavett Robert Local Market Statistics There are currently 5194 single-family homes for sale in New Hanover, Pender and Brunswick Counties. In the last 6 months (1/15/10-7/14/10), 2105 homes have sold. These numbers indicate that if NO other homes are listed for sale that there is approximately 15 months worth of inventory. During the last week (7/8/10-7/14/10): 100 Homes were listed FOR SALE 63 Homes went UNDER CONTRACT 40 Homes SOLD 118 Homes FAILED to SELL (Withdrawn or Expired) Please note all of these (0 comments)
Good Monday Morning! I hope you had a great weekend! Just when we thought that mortgage interest rates could not go any lower, look what happens, they drop even further. This window of opportunity will be short lived, so if you want to take advantage of these historical low rates you will need to act quickly. The rule of thumb is that if you can drop your rate by 1% or more, then it is a sound idea to refi your existing loan. If you do make the decision to refinance, check out the rates quoted by your lender and also compare (1 comments)
Sellers: Get Your Home Ready For Sale - 07/12/10 09:55 AM
When preparing your home for sale, a number of simple cosmetic changes often provide the biggest return on investment. Here are three tips to upgrade your house without breaking the bank:
Bring in the light . The right light creates the right mood. Adding lights to dark rooms can make your home feel warm and inviting. Bring outdoor light inside by opening curtains and installing economical suntubes. Create Space. Many of today’s buyers are looking for open rooms. Consider removing unwanted walls to make your home feel more spacious. Buyers will often pay a premium to get a bit of (0 comments)
Lowest Mortgage Rates Since 1950s - 07/12/10 09:46 AM
Home buyers are getting another boost this summer with incredibly affordable financing. The average 30-year fixed-rate loan dropped in June to 4.69 percent, according to Freddie Mac. These rates are the lowest on record for the 30-year loan, and comparable with the shorter 20-year home loans offered in the 1950s. These low rates offer today’s buyer significant purchasing power. Through low interest rates and affordable monthly loan payments, many buyers will realize even greater savings than the $8,000 tax credit offered earlier in the year. Contact us today for more information on this favorable buyers’ market! Wilmington NC Real Estate (3 comments)
Monday Morning Coffee – July 12, 2010 - 07/12/10 09:10 AM
INSPIRATION FOR TODAY: “Happiness is like a butterfly. The more you chase it, the more it will elude you. But if you turn your attention to other things, it comes softly and sits on your shoulder.” ~ Anonymous DRAW YOUR OWN MAP! Imagine you’ve planned the trip of your dreams – say from North Carolina to Colorado. You’ve charted all the roads, have a fist full of maps just in case, and have your priorities straight in your mind. You get started on a beautiful sunny day, and begin enjoying the ride. Late in the day, as you approach (2 comments)
Weekly Wilmington Update – July 8th, 2010 - 07/08/10 10:18 AM
Quote of the Week: "All labor that uplifts humanity has dignity and importance and should be undertaken with painstaking excellence." -Martin Luther King, Jr. Local Market Statistics There are currently 5233 single-family homes for sale in New Hanover, Pender and Brunswick Counties. In the last 6 months (1/8/10-7/8/10), 2087 homes have sold. These numbers indicate that if NO other homes are listed for sale that there is approximately 15 months worth of inventory (Good news for sellers - this has been decreasing over the past few months). During the last week (7/1/10-7/8/10): 129 Homes were listed FOR SALE 54 Homes went (1 comments)
Wilmington NC Mentioned on The View's "Real Estate Steals & Deals" - 07/07/10 11:27 AM
I keep saying that Wilmington is one of the best places in America to buy... and now they said it on ABC's The View... "...if you have a little money and want to make an investment, Kristen [Becker] suggested Wilmington, North Carolina too as a safe place to invest in. She said it has withstood the housing market well, close to the water and offers beautiful outdoors." Read more from The View. Wilmington NC Real Estate & Homes – Michelle Roberts , Your Realtor – Michelle loves working with clients that have high expectations and works diligently to exceed those expectations (0 comments)
See More Pictures for 4129 Appleton Way, Wilmington, NC Active $215,000 Listing Information MLS ® : 435974 Bedrooms: 4 Full Baths: 3 Sq Ft: 2069 Lot Size: .33 Style: Split Level Garage: 1 Car Heat Source: Electric Property Description The old is new again. New curb appeal, new price, but same old solid, stick-built construction, exceptional flow and functionality of 3 levels, and updates throughout. You've got to see this one to truly appreciate the livability of this split level home located in desirable Echo Farms overlooking the 16th tee (0 comments)
Monday Morning Coffee – 7/5/2010 - 07/05/10 01:19 PM
INSPIRATION FOR TODAY: “You can either complain that rosebushes have thorns – or rejoice that thorn bushes have roses!” ~ Anonymous WHICH BOUQUET DO YOU PREFER? Whether or not you have a green thumb, you probably know that gardens may contain either annual or perennial flower varieties. Annuals are fun to grow for several reasons: 1) they sprout quickly from seeds, 2) they flower the first year, and 3) their colors can be brilliant and most pleasing. They are also less hardy and die out at the first sign of frost. Each spring, new seeds must be planted. Perennials (1 comments)
Echo Farms - Wilmington, NC - 07/02/10 10:02 AM
Echo Farms is a quaint community located in the southern part of Wilmington, NC, off Carolina Beach Road just minutes to Historic downtown Wilmington and a short drive to area beaches including Carolina, Kure, and Wrightsville Beach. The Cape Fear River, area shopping, and dining are also conveniently located in close proximity to the neighborhood. Echo Farms is a great golf club community with all the bells and whistles at a reasonable price. They have a full time tennis pro, recently redone tennis courts and a nice pool. Echo Farms has a swim team and monitor closely the activity at the (1 comments)
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.