Area builders are back to work after the moratorium was lifted on new connections to the Northeast Interceptor sewer line. Ripple effects from the restriction will still be felt for months to come. The moratorium was imposed in May 2007 by the NC Division of Water Quality and lifted March 13 by the State, after approximately $6 million worth of improvements were completed by the City of Wilmington, New Hanover County and Wrightsville Beach.
Since the moratorium was lifted, officials say there has been no rush to obtain building permits. Approxmately 120 permits were on hold when the moratorium was lifted, mostly residential.
Fortunately, the Wilmington area is insulated somewhat from the depressed housing market in other areas of the country. Real estate is local, and we are in an area that continues to grow. With people continuing to plan to move to the area, we have to plan for growth. With work completed on the Northeast Interceptor, other improvement work is ongoing.
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Diane Parker, Broker/Realtor/e-PRO
Coldwell Banker Sea Coast Realty
910-617-5244
DianeParker@SeaCoastRealty.com
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