The Week in Review
.....your Wilmington Connection
June 14, 2008
Happy Fathers Day!
Wilmington Makes the top 100 list for relocation again.
Wilmington boasts a strong and growing economy, which has attracted many large companies to move to the area. The schools in Wilmington are some of the best in the nation. The primary schools consistently rate high on all national educational standards. For those interested in higher education there are plenty of options available as well.Home sales in our area are doing better, more and more people are planning for that summer move. For more info .
Housing Slump Helps the Draw of Fixer-Upper TV
The housing market is collapsing, but television shows about housing are booming.
The audiences for HGTV and TLC, the two channels with the most so-called property programming, have grown steadily over the last three years. The reason appears to be their shift in focus away from buying real estate as speculative sport to more educational and emotional shows.
"If anything, there's more interest than ever before, because of what's going on in the market," Jim Samples, the president of HGTV, said.
HGTV's prime-time schedule - built around the shows "Designed to Sell," "House Hunters" and "My House Is Worth What?" - now average more than a million viewers every evening.
Oak Island Commits to buying the Yaupon Beach Pier
Oak Island | This town's council committed to buying the Yaupon Beach Fishing Pier on Tuesday night by accepting a $500,000 state grant.
The town must at least match the grant dollar for dollar and likely will have to find an additional $834,100 to buy the threatened pier.
The pier was closed after it went into foreclosure amid a legal battle between its previous owners. It now belongs to Cooperative Bank, which shut off all access to it in April because of liability concerns.
The council voted 4-1 after going into closed session to talk about "land acquisition" to accept the grant and its terms with Councilwoman Dara Royal opposing.
Royal said there are still too many unanswered questions about the town's potential ownership of the pier and its obligations.
The grant agreement states in order to get the money the town must complete the project, which has a cost of $1,834,100.
The pier has been appraised at $1.6 million and $1.8 million.
The grant states the land acquisition would be 1.2 acres.
....until next week in The Week in Review
Tina
Comments(0)