This is the type real estate market that two years from now everyone is going to say “I wish I had bought then”. Everything is looking like the time to buy is right now. Interest rates are rarely below 6%. Mortgage money is readily available. New home inventories are being absorbed. First time home buyer tax credit is available. Foreclosure and bank owned properties are being bought at a much higher volume as investors and home buyers are deciding that we are at or near a bottom. And Spring is near, which is typically a point when the market flourishes.

Wilmington NC real estate has a proven track record of appreciation. In  the past 5 years, prices have increased over 50% and Wilmington has only experienced a decrease in the past year of just over 4%. That is incredible news for the Wilmington area.

There are some very good real estate deals available in the area at this time. There are quite a few homes priced under $100 ft. We can send you a detailed list of those and also foreclosures or short sales at the beaches, as well. Just contact kay@cbbaker.com or 800-497-7325. We are here to assist you get the very best buy in  today’s market. You can also search all homes on the market  at www.cbbaker.com.