Wilmington NC Real Estate 2nd Quarter Sales Report

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Wilmington NC Real Estate

It looks as though move up buyers have been sitting on the sidelines and contributing to lower sale prices in the second quarter in Wilmington NC. If you compare the second quarter to 2007 second quarter, sales prices have decreased by 6.1%. The list to sell ratio has also decreased to 95.5% compared to 97.4% second quarter 2007. Read the rest of this entry

Categories: Wilmington NC Market Statistics, Wilmington NC Neighborhoods

New Hanover County School Report for 2008

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Wilmington NC & New Hanover County School Report for 2008

There was significant improvement in New Hanover County Schools’ student’s performance on the State’s ABC of Public Education for the 2007/2008 academic school year. There were only four elementary schools that did not meet their ABC goals and all of the middle schools met the ABC goals. The public elementary schools that did not were Alderman, Freeman, Gregory, and Murrayville. The only high school that met its ABC goal was Isaac Bear Early College High School. Read the rest of this entry

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Discover Wilmington NC Real Estate

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Welcome to Wilmington NC Real Estate!

Wilmington NC has it all! From the river to the sea, I cannot speak highly enough about my life long home. I have seen many changes take place along the way, such as the completion of Interstate 40 from the piedmont area, Wilmington International Airport, the Film Industry, and of course, now the development of Mayfaire Town Center, and the revitalization of the Historic District.

The Wilmington NC real estate market is a strong and vibrant one and offers investors and homeowners alike a solid investment opportunity. In fact, according to CNN Money, Wilmington is ranked in the top ten cities that are projected to post the largest increase in value by 2011.

Wilmington NC neighborhoods

Wilmington NC neighborhoods and communities surpass any other with homes and amenities in all price ranges from affordable homes in the mid $100’s to move up neighborhoods from the $200’s, luxury neighhborhoods like Landfall or Porters Neck with famous golf courses , to exquisite waterfront communities with protected harbours and marinas with boat slips like Shinn Point , Masonboro Harbour , and exclusive Figure Eight Island.

Wilmington NC is nestled between the Cape Fear River and Carolina’s pristine beaches and has become one of the top relocation destinations due to it’s mild climate, beaches and year round golf. Here you will discover the beauty and charm of Wilmington NC and area beaches. The area’s many miles of coastline, rivers and sounds offer a variety of fishing, watersports, boating activities, and quite a few harbors, marinas, and yacht clubs. With the mild climate, recreational opportunities abound in the area including many golf courses that are playable year round. Read the rest of this entry

Categories: Buying Wilmington NC real estate, Wilmington NC Neighborhoods

Buyers search online for homes in Wilmington NC

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Buyers Search online versus print ads for homes in Wilmington NC

Buyers looking for homes in Wilmington NC are finding them online more often these days than not. According to NAR, consumers are five times more likely to buy a home found online versus in a newspaper, and 24 times more likely to buy a home found online than in a home book or magazine. Read the rest of this entry

Categories: Buying Wilmington NC real estate

Wilmington NC weekly events

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Wilmington NC weekly cultural activities

In Wilmington NC, we enjoy a host of cultural events around the Cape Fear region including theatre, arts, music, history, even the USS Battleship NC and the Fort Fisher Museum. For all the local information about the area and a list of weekend events, check out my weekly TGIF Scoop.

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Wilmington NC real estate economy

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Wilmington NC real estate market

We actually heard some pretty healthy news about the state of Wilmington NC’s real estate economy this week. According to Forbes list of cities with the most home equity, Wilmington NC ranked 20th at 61%. Data was used from Moody’s Economy.com, and ranked cities based on how much equity homeowners had in their home relative to its value. The cities that ranked well, of course, were the places where home prices have been stable or cities that did not get caught up in the subprime lending. These cities will more than likely fare better over the next year or so. The #1 city with the most home equity was Beaumont, Texas with 75%. House values are down nationwide 7.7% over last year, and some cities such as Los Angeles, Tampa and San Diego are down 20%. According to zillow, the home values in Wilmington NC are down only 1% from August 2007. For more specific market data on real estate in Wilmington, NC, more

Categories: Wilmington NC Market Statistics

Best Ways to Finance Your Home Purchase in Wilmington, NC

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Financing Your Home Purchase in Wilmington, NC

Best Ways To Finance

Fortunately, in today’s world, buyers still have many mortgage options. Contrary to media report, there is still plenty of liquidity in mortgage money. Yes, mortgages require more documentation than in 2007, but for those that can verify a job and income, money is still available. Always check with your mortgage lender to look at all options available and the different closing cost structures. Read the rest of this entry

Categories: Financing a Home Purchase in Wilmington NC

Wilmington NC real estate update

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Wilmington NC real estate weekly update

Good news for the real estate market this week, as contracts and showings continue to pick up, despite the negative comments from the news media. Read the rest of this entry

Categories: Wilmington NC Market Statistics, wilmington nc weekly events


Kay Baker Associates | 1001 Military Cutoff | Ste 101 Wilmington, NC 28405 | kaybakerassociates@ec.rr.com | 910-202-3607 | Fax 910-338-2428

Copyright © 2017 Wilmington NC Real Estate Guide. All rights reserved. Disclaimer: All content on this blog is my own opinion and should not be treated as fact or relied upon when purchasing or selling real estate.