Wilmington NC Real Estate Blog

Quality real estate content with a Wilmington NC slant. We provide essential tools and research to help in your home buying and selling decisions. 

With our construction and finance backgrounds, we hope to bring a unique perspective to the local, Wilmington real estate market. Home buying and selling advice, market reports and trends, and homeowner tips. All with the goal of making the home buying or selling process as easy, stress-free and profitable as possible for our #1 priority, you.

Dec. 8, 2017

Quality of Life Highlights Latest Wilmington Economic Scorecard

Latest Wilmington Economic ScorecardAccording to the latest annual Wilmington Regional Economic Scorecard, Wilmington underwent a loss of higher wage jobs but a growth in the service industries as well as an increase in quality of life.

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Dec. 7, 2017

Inventory Remains Low and Demand High for the Wilmington NC Housing Market

Housing Market Report - November 2017

As with most other cities across the country, Wilmington and the surrounding area is dealing with low inventory, high November 2017 Housing Market Report - Wilmington NCdemand and steady interest rates. Good news for 2018 at least initially points toward more home construction and an increase in building permits.

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Posted in Market Reports
Nov. 8, 2017

How much money could Zillow cost you in wilmington NC?

Zillow is the 800lb gorilla in the real estate market. A home search in any market on your search engine of choice is Inaccurate real estate datadominated by Zillow, Trulia, Realtor.com and a handful of other real estate portals. Zillow, alone, captured nearly 1 in 3 of every real estate website searches.

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Posted in Buyers, Sellers
Nov. 7, 2017

Housing Market Predictions for the Remainder of 2017

Housing Market Report - October 2017

If Cape Fear Area housing trends remain consistent, housing inventory will dip for the rest of 2017. That trend is expected October 2017 Housing Market Report - Wilmington NCto reverse itself as predicted new home starts (1.33 million predicted nationally) are expected to drive 2018 home sales. It's too early to tell what effect that will have on the housing market as prices continue to rise and affordability drops.

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Posted in Market Reports
Oct. 14, 2017

The Need for More Home Construction

Housing Market Report - September 2017

Every housing market is unique, however the national opinion is that housing markets are stalling even though buyers September 2017 Housing Market Report - Wilmington NCand showings are still high because there remains a housing shortage. Mortgage rates are still low and buyer-friendly but housing prices have reached unaffordable levels for a lot of home buyers. To compound the problem, existing homeowners are less interested in moving.

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Posted in Market Reports
Oct. 14, 2017

RiverLights Wilmington NC

Introducing Riverlights Wilmington NC

RiverLights Real Estate SearchPerfectly situated along a 3-mile stretch of the Cape Fear River, RiverLights is the newest coastal community in Wilmington, North Carolina. The 1,400-acre community has plans for 2,700 homes, with a mix of townhomes, single family homes and a 55 plus community for active older adults. 

The 30-acre freshwater lake is the center of the community's amenities, with a lake house for community events. But the community also includes a commercial area and the Marina Village which is home to a 112-slip marina, shops, a boardwalk, restaurants, event lawn, walking trails, a dockmaster and more. 

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Posted in Communities
Sept. 27, 2017

Competition for Available Listings Remains Strong

Market Report - August 2017

August tends to mark the waning of housing activity ahead of the school year. Not all buyers and sellers have children, August 2017 Wilmington NC Real Estate Market Reportbut there are enough parents that do not want to uproot their children during the school year to historically create a natural market cool-down before any actual temperature change. Competition is expected to remain fierce for available listings. Savvy sellers and buyers know that deals can be made well into the school months, as household formations take on many shapes and sizes.

 

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Posted in Market Reports