nc: Olde Point Sales Report - July 1, to September 30, 2012 Hampstead NC - 10/09/12 04:18 AM
Olde Point Home Sales Report - Updated July 1, to September 30, 2012 Hampstead NC
 6 closed sales Olde Point between July 1 and September 30, 2012 
1 renovated home built in 1980 located on deep water with a dock sold for $515 an average $227 a sq ft
5 remaining homes sold for an average $103 a sq ft vs $101 a sq ft in 2011
Sq ft pricing for the 5 non-water homes ranged from $53 to $128 a sq ft
1 of 5 is a short sale
The 6 homes closed for an average of 94% of … (0 comments)

nc: Who Caused the Housing Crisis? - 08/18/12 06:32 AM
 Most blame for today's housing market is rightly assigned to lenders. It's true, their low standards and poor qualification practices contributed mightily to where we are today.   Yes, they could not have lowered standards on government secured loans without political complicity but lobbyists worked hard to create a wider market for lending. Further, there were unscrupulous firms offering loan products that made no sense. Recently I read a homeowners deed of trust several times attempting to understand their Option Arm mortgage. I gave up and cursed the mess we're in today.
But, being the thoughtful and curious type, I keep coming back to … (9 comments)

nc: Does Home Ownership Still Make Sense For You? - 08/18/12 03:54 AM
In the greater Wilmington, NC area, where so many homeowners are hurting due to falling house prices, folks are looking for and deserve anwers to the question that make sense.  That our area home vales rose 60% between 2004 and 2007 didn't make any sense.  That irrational growth meant a long fall and protracted recovery. We may be at the bottom but no one knows for sure.  My message to todays buyer is be prepared to rent out your home if circumstances take you outside the area before appreciation kicks in again.
I know that ours is an inherently transient area. Many folks come, fall in love, stay forever … (2 comments)

nc: No One Wants to Be the Sucker Who Overpays? - 08/18/12 03:07 AM
Awhile back, a fellow agent member of AR wrote a "members only" blog expressing frustration.  She presented a market analysis to a seller whose home had been previously listed by three other agents.  After doing so, he assured her his home was worth exponentially more than the market indicated.  Then he called to brag that he had a buyer who would give him almost what he thought his home was worth. 
Yes, if he's unbelievably lucky his buyer Will Not have a Buyers Agent, will pay him cash and will not get an appraisal - that's the real estate equivalent of winning the mega-millions lottery but, … (4 comments)

nc: Yes, You May Qualify For More Home Than You Can Afford! - 11/05/11 01:19 PM
                                   
Yes, you may “qualify” for more      
home than you can “afford!” 
Even in today’s more complicated
lending environment, it’s still
common for lenders to “qualify”
Buyer’s for more than they can “afford” because the lender is calculating debt to income ratios the same for everyone but individual lifestyle determines an affordable mortgage. 
Two Buyers with the same income and same debts might live  very differently;
Eating out is generally more costly than cooking at home.  
 
Renting movies is less expensive than going to movies.
 
Running is a free hobby whereas golf can be … (4 comments)

nc: Selling Your Wilmington, NC Area Home Will Require An Attitude Adjustment! - 10/31/11 08:47 AM
 
Sharon Tara, New Hampshire Home Stager brings us a message relevant for homeowners in the greater Wilmington, NC area interested in selling their homes in our current market.
 
In any given month fewer than 10% of listed homes are selling here.  It follows suit that to be one of the 10%’s will require special effort and the right people involved!     
 
This helpful post is worth sharing with you!  Information courtesy of Beverly & John Femia – Contact us because, “With Us, It’s All About You!”
 
Compliments of Beverly Femia - Coastal Area Living in Hampstead, NC … (3 comments)

nc: "Water Peep" Views - Appraisers Count on Truth in Marketing! - 10/28/11 11:09 AM
 “Water Peep” was my mother-in-laws term for broken views available from homes across the street from waterfront properties.

  Several years ago, we listed a second row property in Hampstead, NC 28443, across the street from the Intracoastal Waterway.  The home, a 40 year old brick ranch, was never built for views.  To make it worse, the waterway home on the ICWW side had a leafy privacy screen.  Yet, my client’s home was on higher ground and, in leafless seasons, permitted “water-peep” from outside. On the inside, if I stood in one or two spots and looked hard, I might glimpse blue water.  … (4 comments)

nc: They Breached Their Contract! - 10/28/11 08:17 AM
 When the financial industry chose self-interest over the nation’s financial stability, they breached their contract with America.  These institutions, guardians of the nation’s wealth, chose deceptive business practices as their prevalent business model.  They chose the wrong path as clearly as any other bank robber and are, as surely, felons.
That their greed was so self-consuming they were clueless to the national ramifications of their actions is both astonishing and frightening!   How can we ever regain America’s financial security if a core industry already acknowledged as “Too Big To Fail,” is so out of touch with reality they no longer recognize … (6 comments)

nc: HARP. THE BEST POINT BY POINT DESCRIPTION OF HARP THAT I'VE SEEN.....In Plain English. - 10/28/11 04:44 AM
Lenn Harley, Leesburg VA Broker specializing as Buyer’s Agent,  brings us helpful information relevant for homeowners in the greater Wilmington, NC area who are in economic distress and considering their alternatives.   
 
This helpful post is worth sharing with you!  Information courtesy of Beverly & John Femia – Contact us because, “With Us, It’s All About You!”
Compliments of Beverly Femia - Coastal Area Living in Hampstead, NC 910-279-9794    www.CoastalAreaLiving.com
 
The Best Point By Point Description of HARP that I've Seen.  In Plain English.
October 2011 : The Complete, Revamped HARP / Making Home Affordable Eligibility Requirements There have been … (3 comments)

nc: Wilmington, NC Area Ranks High as Place to Live, Play! - 10/25/11 03:38 PM

The Wilmington Business Journal says Wilmington is enjoying positive press from several sources in national media outlets like Orbitz, Bloomberg Businessweek, and Outside magazine.  Orbitz named Wilmington area beaches their top pick as a late-summer beach bargain.  Bloomberg Businessweek ranked Wilmington, NC as the 7th most fun, affordable city in the US while Outside magazine ranks Wilmington 6 in their “Best Towns” list in the October issue. 
Such accolades provide great value to restaurants, hotels and a wide variety of retailers serving Wilmington area travelers.   Best of all, they represent free advertising from credible unbiased sources and the value … (3 comments)

nc: Propane Tanks Must Be Supported Well! - 10/25/11 03:07 PM
Jay Markanich, Bristol VA, home inspector brings us information relevant to so many in the greater Wilmington, NC area using propane for fireplaces and cooking!   
 
This helpful post is worth sharing with you!  Information courtesy of Beverly & John Femia – Contact us because, “With Us, It’s All About You!”
 
Compliments of Beverly Femia - Coastal Area Living in Hampstead, NC 910-279-9794    www.CoastalAreaLiving.com
 
The subject of my haiku yesterday, propane tanks must be supported well!
Walking around to the back side of this house, I was met by this small army of 100 pound propane tanks.  The gas guys … (0 comments)

nc: Goldilocks & The Three Bears-Writing The Best Offer For Your New Home in Wilmington, NC - 10/25/11 02:36 PM
Cindy Jones of Woodbridge, VA creates a great analogy using imagery we can all understand!  Every word in her post makes good sense whether we are in Va or Wilmington, NC! 
This helpful post is worth sharing with you!  Information courtesy of Beverly & John Femia – Contact us because, “With Us, It’s All About You!”
Compliments of Beverly Femia - Coastal Area Living in Hampstead, NC 910-279-9794    www.CoastalAreaLiving.com
In Northern Virginia the competition for listings is strong.Not as crazy as the height of the market but in many cases listings will bring multiple offers. For Northern Virginia buyers that means … (2 comments)

nc: Wilmington, NC’s Film Industry is Booming! - 10/24/11 01:41 PM
The Wilmington, NC film industry is booming in 2011.  More than $100 million will be spent on production this year up from $29 million in 2009. 
Wilmington is well prepared for its production success.  The Wilmington EUE/Screen Gems facility is the largest production facility in the United States outside of California.   In May 2009, EUE /Screen Gems Studios opened a 10th "Dream Stage" in Wilmington. This world-class, state-of-the-art studio is a 37,500-square-foot (3,480 m2) columnless structure with a 50x50x6 foot 90,000 gallon special effects water tank.  The CW Network’s One Tree Hill filmed it’s 9th and final season this year … (0 comments)

nc: Hampstead, NC 28443 Our Public Boat Ramp - Long Needed -Coming Soon - 10/24/11 12:52 PM

 
It’s late October and the Pender Post reports the Hampstead public boat ramp construction is underway and may be complete as early as January 2012.  Currently, pilings are being driven into the Intracoastal Waterway bed to support docks. 
Given Hampstead’s proximity to the water, a public launch facility is an important asset to the community.  Obtaining prime property at a great price was the key to the project.
 The Lewis Road location, near Pecan Grove Plantation, is a great midpoint for boaters north and south of Hampstead.  Next spring, boaters from all over the county will be benefitting … (0 comments)

nc: We Love Our Ship – The USS North Carolina at Wilmington, NC - 10/23/11 02:59 PM

Oct 14 was the 50th anniversary of the day The USS North Carolina came up the Cape Fear River to berth in Wilmington, NC.  She’s across the river from downtown and visible to all just as she might have looked when launched from the New York Naval Shipyard in 1940 nicknamed “Showboat!”   
She went to Pearl Harbor In 1942 and fought in every major battle in the World War II Pacific theater.  She earned 15 battle stars downing 24 Japanese planes and bombarding Japanese strongholds 9 times.  Of the 2195 enlisted men and 144 officers, only 67 were injured and … (1 comments)

nc: WHAT THE LENDERS WON'T TELL YOU ABOUT YOUR SHORT SALE! - 10/20/11 07:06 AM
 
A helpful post from Feliz Santiago, distressed property expert from Palm Beach, FL  
The MOST  important take-away is in the phrase “because they can!”  Lenders will do what is best for them “because they can!”
 
This helpful post is worth sharing with you!  Information courtesy of Beverly & John Femia – Contact us because, “With Us, It’s All About You!”
Compliments of Beverly Femia - Coastal Area Living in Hampstead, NC 910-279-9794    www.CoastalAreaLiving.com
Via his Active Rain Post - You may reach Felix at  Felix Santiago
         Not a day goes by that I don't hear the same question from an agent, "Why … (1 comments)

nc: Corporations Are People Too ! - 10/17/11 04:29 PM
Recently it was said that, “corporations are people too!”  But, faceless corporations aren’t going to seem like real people until we begin seeing real people held to account for our current financial disaster. 
Today’s economy can be traced directly back to the greed, ineptitude and malfeasance of this century’s robber barons – the financial institutions.  Yes, 2008 was the tipping point but it didn’t start there.  It began in the 80s when the government loosened the tight reins of bank regulation in place since the 30s for a reason.  Yes, the great depression of the 20th century can be traced … (6 comments)

nc: When Did Self Control Fall Out of Fashion? - 10/16/11 04:00 PM

A recent post started me thinking about the lack of self-control exhibited today.  When did that start?  When did it become more important to say whatever is on one’s mind rather than spare the other person’s feelings? 
I know I liked it better when people didn’t always say what was on their minds.  The pretenses of politeness meant civility even when people strongly disagreed. 
What happened to counting to 10 before responding?  Yes, self control is out of fashion today and we need to get it back!  That’s because, in the absence of societal self-control, narcissism becomes the new normal!
(2 comments)

nc: What is a floating floor? - 10/15/11 02:54 PM
Floating Floors!
For all who find today’s array of hard surface flooring confusing, here’s another in Debbie Gartner’s series of “flooring made easy!”
Turns out the term “floating floor applies to more than laminate. 
This helpful post is worth sharing with you!
Compliments of Beverly Femia - Coastal Area Living in Hampstead, NC 910-279-9794    www.CoastalAreaLiving.com
 
Via Debbie Gartner - Westchester Flooring -Hardwood Floors Carpet Tile Refinish - (Floor Coverings International Westchester NY & Stamford CT):
What is a floating floor?  I get this question often from customers because someone has told them they should get it.  But, they … (7 comments)

nc: Through the eyes of a home stager; a property transformation, no furniture rental required - 10/14/11 02:31 PM
A staged home is by no means a redecorated home but it is often a rearranged and re-accessorized home!
I’ll evaluate your home and furnishings and help you represent yourself better to buyers. 
You’ll see the difference and, when you do, you’ll know others will too!
 
As a reminder of the affect on the buyer, this helpful post is worth sharing with you!
Compliments of Beverly Femia - Coastal Area Living in Hampstead, NC 910-279-9794    www.CoastalAreaLiving.com
Via -  Karen Otto, Home Stager, Plano, TX 469)964-0516
Today's client had completed some of the staging recommendations we had discussed during our 2 … (2 comments)

 
Beverly Femia, Broker Realtor Stager - Greater Wilmington, NC Are (BlueCoast Realty Corporation)

Beverly Femia

Broker Realtor Stager - Greater Wilmington, NC Are

Hampstead, NC

More about me…

BlueCoast Realty Corporation

Address: 575 Military Cutoff Rd Ste 200, Wimington , NC, 28405

Office: (910) 279-9794

Mobile: (910) 279-9794

Email Me



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