69th NC Azalea Festival Wilmington NC 2016 | Get Your Party Hat On.

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69th NC Azalea Festival Wilmington NC 2016 | Wilmington NC real estate

 

 Join us for the 69th NC Azalea Festival in Wilmington NC. April 6 – 10 .

 

 

“The North Carolina Azalea Festival is Wilmington’s annual community celebration and the largest festival of its kind in the state. Founded in 1948, the Azalea Festival has emerged as Wilmington’s premier event.

Each April, a full week of natural beauty, big-name entertainment, festive galas, fun family events and Southern hospitality come together to showcase the charms of the Wilmington area. For community pride and springtime pageantry, the North Carolina Azalea Festival has no equal!

The Festival’s concerts, fairs and special events are viewed by more than one million people each year, in person and through media coverage. More than 200,000 are estimated to attend the annual two-day street fair, while more than 100,000 gather to watch the Festival parade. Each event is a celebration, beginning with the traditional arrival of Queen Azalea at the official opening of the five-day event. Stars glitter throughout town as Southern belles and their escorts promenade through lush gardens at the annual garden party. Everywhere the blooming azaleas offer colorful testimony to the rich heritage of coastal Carolina.”

Here is a sampling of the schedule for this years festival from the festival website.

  • Azalea 5K/10K/Kid’s Run

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    2APR2016
    The North Carolina Azalea Festival 5K/10K & 1 mile-Kid’s Run is an annual event hosted by the Cape Fear Volunteer Center. Kids, dogs, and costumes are welcome! All proceeds from …

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  • Azalea Sweep

    2APR2016
    The Azalea Sweep is an event that takes place a week or two prior to the Azalea Festival. Officers, committee members, and volunteers get together and clean various places where …

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  • Queen’s Coronation

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    6APR2016
    The Queen’s Coronation is an annual event where the Queen is officially crowned the North Carolina Azalea Festival Queen Azalea. In attendance are the Festival Celebrity Guests as well as: City …

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  • Brigade Boys & Girls Club Community Visit

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    7APR2016
    Each year the Azalea Festival Queen Azalea, Celebrities, and Official Party visit a community organization to help spread the Festival spirit.  We were proud to visit the Brigade Boys & …

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  • Celebrity Reception

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    7APR2016
    The Celebrity Reception provides sponsors of the Festival a close and personal opportunity to see and meet Queen Azalea, Celebrity Guests, and other Festival Dignitaries.  A relaxing luncheon on sprawling …

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  • School Visit

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    7APR2016
    Each year the Azalea Festival Queen Azalea, Celebrities, and Official Party visit a local school to share the Festival spirit.  The school works year-long to prepare a program and showcase …

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  • The Avett Brothers

    7APR2016
    When you’re receptive to the forces around you, you’ll notice there’s something powerful in the air. It’s that feeling of inspiration to which The Avett Brothers consistently remain open.” It’s a spirit …

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  • After Garden Get Down

    8APR2016
    The After Garden Get Down at Bluewater Grill is a fun, dockside party on Friday, March 8th from 2-5 PM, immediately following the Airlie Luncheon Garden Party.  Guests enjoy live music by Darryl …

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  • Airlie Luncheon Garden Party

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    8APR2016
    The premier event in Wilmington, the Airlie Luncheon Garden Party is one you can’t miss! Join us and 2,500 of our closest friends as we kick off Spring with big …

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  • Cape Fear Garden Club Azalea Garden Tour

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    8-10APR2016
    The Cape Fear Garden Club Azalea Garden Tour © is sponsored by the Cape Fear Garden Club, Inc. The tour has been featured in SOUTHERN LIVING and is one of …

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  • City RockFest Tour

    8APR2016
    Join us for the City RockFest Tour 2016 with Seventh Day Slumber, Decyfer Down, Childen 18:3, Spoken, & Disciple, presented by: McDonalds, McAnderson’s Inc. and the North Carolina Azalea Festival.Read More…

  • Juried Art Show

    8-10APR2016
    Over 100 North Carolina artists and national artists present fine paintings at the Annual Juried Spring Art Show and Sale.  The Art Show is a long-standing tradition of the North …

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  • Snoop Dogg with Doug E. Fresh

    8APR2016
    Multi-platinum artist, actor and entertainment icon Snoop Dogg is at the forefront of popular culture with award-winning albums and songs, multiple films, lifestyle products, philanthropic efforts, and digital ventures, including …

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  • Street Fair

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    8-10APR2016
    The North Carolina Azalea Festival Street Fair Presented by Wells Fargo is a free, family event with over 330 arts and craft vendors, 40 food vendors, 2 stages, a Children’s …

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  • USCGC Diligence Tours

    8-10APR2016
    Tour times are: Friday from 12:30 PM  – 15 minutes before sunset Saturday/Sunday from 10:00 AM  – 15 minutes before sunsetRead More…

  • Boxing

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    9-10APR2016
    The North Carolina Azalea Festival Boxing Tournament showcases some of the finest boxers from the National and International level of competition & from the military branches. Queen Azalea & VIP …

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  • Chase Rice with Kane Brown

    9APR2016
          Chase Rice When he takes the stage to perform, Chase Rice pulls no punches. “You’re gonna be mine and I’m gonna be yours for an hour and …

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  • Coin Show

    9-10APR2016
    A fun filled family event! Children are given free foreign coins to learn about currency and foreign countries. More than 30 dealers from several surrounding states are on hand to …

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  • Fireworks

    9APR2016
    A favorite Festival event, the fireworks are presented over the majestic Cape Fear River. Come early to pick out your best viewing spot!Read More…

  • Historic Home Tour

    9-10APR2016
    The North Carolina Azalea Festival Home Tour is an annual event held by the Historic Wilmington Foundation. Proceeds from the Home Tour will advance the Historic Wilmington Foundation’s efforts to …

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  • MGC Parade Mile

    9APR2016
    Welcome to the MGC Parade mile. Local law firm McAngus Goudelock & Courie is teaming with Go Time and the North Carolina Azalea Festival to put on a one of …

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  • Parade

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    9APR2016
    The Azalea Festival Parade continues to be one of Southeastern North Carolina’s largest annual event, with over 100,000 viewers each year. Our traditional parade route flows right through the heart …

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  • Patrons’ Party Gala

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    9APR2016
    The Patrons’ Party Gala is the grand finale for sponsors of the Azalea Festival.  A black-tie event filled with wonderful food displays and dancing to the sounds of the hottest …

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  • Street Fair Children’s Area

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    9-10APR2016
    The Street Fair Children’s Area is family fun for everyone! Games, children’s craft projects, and a stage dedicated to children’s performances all await you at the Cotton Exchange.   Saturday …

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  • Street Fair Multicultural Stage

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    9APR2016
    We invite the public to join us for a unique, family-friendly multicultural experience on Saturday and Sunday, April 9th and 10th. The kick-off of the multicultural festivities goes global beginning …

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  • USS North Carolina Battleship 75th Anniversary Celebration

    9APR2016
    Join us and our “living history crew” – active Marines in WWII attire bringing the Battleship to life on Saturday, April 9th! At 1:15 PM, there will be a Special …

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  • Festival Finale

    10APR2016
    Bluewater Grill is kicking off their Waterfront Music Series by hosting the Festival Finale on Sunday, April 10th, the last event of the North Carolina Azalea Festival. Back of the Boat will provide …

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From Last Years Festival

azalea

While you are in town, please visit our mobile site mobile.cbbaker.com to view our fabulous real estate offerings.  Or online www.cbbaker.com

Categories: 65th Azalea Festival, 67th Azalea Festival, azalea festival, Wilmington NC homes, wilmington real estate stats

FSBO INCENTIVES: 12 Contract Options That Entice Buyers | Wilmington NC real estate

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Wrightsville Beach NC www.cbbaker.com If you’re selling in today’s Wilmington NC real estate  market, you want to make your house outshine the competition. Buyers are most likely to choose your house if it offers something special. Here are 12 ways to make sure you land a “Sale, Sweet Sale.”  # www.wilmingtonnc-realestate.com

 A Spoonful Of Sugar

1. Offer a warranty.

Purchase a buyer’s home warranty to protect against future problems.

2. Help with closing costs.

Cash-poor buyers concerned more with out-of-pocket costs than monthly payments will especially appreciate this one.

3. Consider financing help.

Provide seller financing or buy down the buyer’s mortgage rate for the first year.

4. Help with utilities.

Pay some or all estimated utilities for 6 or 12 months.

5. Help with fees.

Pay a year’s condominium or homeowners association fees.

6. Pre-pay memberships.

Buy a one-year pool or community golf club membership, cable TV subscription, or other recreational activity.

7. Consider a moving allowance.

Pay the buyer’s documented moving expenses, or provide an allowance toward moving costs.

8. Treat them to window treatments.

Offer redecorating cash for new carpet or drapes.

9. Mow down any objections.

Buy a lawn-maintenance service for a year, or offer a riding mower if the lot is large.

10. Give them a dock on the bay.

If you live in a waterfront community, offer to rent a boat slip for a year.

11. Reimburse buyer the cost of points.

{short description of image} This is often a double benefit for buyers, who save both on the points themselves and on their federal taxes. The IRS now allows buyers to deduct the cost of seller-paid points as a Schedule A mortgage expense.

12. Price your home below comparable properties.

Prove your home’s good value by having an appraisal done and setting the price below the appraised amount.

Call on us for more ideas of ways to make your home the sweetest one on the market. We’ll create a customized marketing program to help get your home sold in any market!

Let us know if we can help.  www.cbbaker.com

Categories: FSBO 101, Sell your home, volunteer in wilmington NC, Waterfront Wilmington NC, waterfront wrightsville beach, wilmington nc real estate, wilmington real estate stats

So you want a Luxury home | Look no further.

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IMG_4710Our intelligent marketing strategies, years of experience and powerful connections in the worldwide brokerage community have enabled Kay Baker Associates to attain the prestigious Coldwell Banker Previews International Specialist designation. We specialize in marketing the finest luxury homes in the Wilmington, NC area. Billy Baker is a Previews Specialists. This high profile exposure will ensure that we will reach the best, highly discriminating circle of buyers for your Wilmington, NC luxury home.

This website offers some of the most valuable information about the very best neighborhoods in Wilmington NC.

View all Luxury homes in Wilmington NC here.

Categories: Previews Luxury Homes, Wilmington NC homes, wilmington nc real estate

NEGOTIATE: How To Buy The Home You Love At The Price You Want | Wilmington NC real estate

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www.WilmingtonNC-realestate.com

Found the home of your dreams? Now the negotiations begin.The agent you’re working with can guide you through the process of making a purchase offer. You’ll want to start by learning as much as you can about how much the property is worth.

Check the comparables

spartanburgYour agent has up-to-the-minute price data at hand to help you analyze any comparable properties; just ask. Although every home is unique, here’s some of what makes a home “comparable” to the one you’re considering purchasing:

same neighborhood;
same age and condition;
same size lot;
same home style–equivalent living space, number of rooms and baths;
similar terms of sale.

Follow sales price trends

Ask about recent pricing trends in the neighborhood. Specifically, what has been the average difference between listing price and sales price for recent sales of comparable homes? What is the ratio of assessed tax value to market value?

Offer what you think the house is worth

Some asking prices have built-in padding, but others are already priced to sell. You could lose a well-priced home with a low-ball bid. Remember, a lower mortgage interest rate will allow you to borrow more and pay a higher price for a home without increasing your monthly payment.

Spell out the details

Consider getting a pre-purchase appraisal and home inspection. The appraisal will give an independent valuation of the property, and the inspection will help identify any potential problems you may have overlooked. Consider including a contingency making the contract subject to a satisfactory appraisal and inspection.

Evaluate contingencies

The contract can also be contingent upon an attorney’s review, previous home sale, and acceptable mortgage loan terms, etc. Contingencies are typically used to smooth acceptance of an offer without delaying the final decision. Too many contingencies, however, weaken your bargaining position.

Know what’s important to you

Prioritize the elements of the sale on paper (“must” and “want”) and decide where you have negotiating room–what you’ll give up or accept in exchange for a concession. Items frequently negotiated include adjustments for needed or requested repairs, what personal property stays and what goes with the seller, points and closing costs, and move-in date. Knowing exactly what you want and where you are willing to bargain is your most important negotiating tool.

Put everything in the first purchase offer

If the first offer is accepted it may be too late to add anything. Include a financial statement. Do all negotiating in writing with a deadline for a response, often 48 hours. You are free to cancel an offer until it is accepted by the seller. Require that your binder or deposit be held in an escrow account with the interest credited to you.

Be Patient

Negotiating could take several days. Be patient; you won’t want to rush into one of the most important purchases you’ll ever make.

We can help

If you’d like help finding your dream home, please call or e-mail us. We’ll help with your home search and will give you all the important information we can provide to help you make the right offer for the right home. bakerwyaneassocaites@ec.rr.com

 

Categories: wilmington nc foreclosures, wilmington nc relocation, wilmington nc weekly events, wilmington real estate stats, Wrightsville Beach NC

IN/OUT What’s In, What’s Out For 2014 Buyers & Sellers| Wilmington NC real estate

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     IN/OUT
What’s In, What’s Out For 2014 Buyers & Sellers

www.WilmingtonNc-realestate.com

For the past few years the Wilmington NC housing market hasn’t been easy for home buyers or sellers. Waves of distressed sales, dropping prices, tightened mortgage standards…then rising prices, bidding wars, low inventory…oh, my…pot holes along the path to homeownership lurked around every corner.

Good news. The 2014 housing market is shaping up to be one of the best in years for both buyers and sellers. In this Special Issue we’ll take a look at what’s IN and OUT for housing in the year ahead to help you make smart real estate decisions. No question: The best way to beat the 2014 market is to get “ahead of the curve” and know how the coming changes impact your home buying power and your home selling options.

Don’t stress. We’ll be your guide. Our local expertise will help you navigate today’s IN’s and OUT’s of buying or selling a home while avoiding the pitfalls even smart consumers make.

To learn what’s on our real estate horizon — and how to make the 2014 market work for you — keep reading.

 

HOME BUYING

Fair & Final

In a rising real estate market, it’s best to make any offer your best and final price on the first go-round. Making a solid purchase offer (price and terms) gives you the best chance to get the house you want in this market. This is especially important when bidding wars erupt on the most-desirable properties or all-cash investors try to capture a bargain. Fair and final is IN.

Low-Balling

Home prices are going up, inventory remains low, distressed home sales inventory is dropping. Low-ball offers waste everyone’s time. We can guide you on rare exceptions, but you shouldn’t expect to get a home for a fraction of its listing price. Low-balling is OUT in 2014.

Flexibility

Make your home purchase offer stand out by eliminating as many contingencies and requests as possible. If you can be flexible and streamlined with your offer, it will be more appealing to the home seller. With an expected increase in offers per property, flexibility is IN to make your offer stand out.

Online Valuations

The convenience of online valuation sites is tempting, but the numbers there are only as good as the public data is recent. Real-time real estate markets are often too fluid and sites may not be able to keep up. Tip: use sites for reference only.

Shopping Lenders

It’s not just enough to compare interest rates, but you need to compare different loan products and banks to get the best deal for your financial situation. Comparison shopping for lenders and loans is IN in 2014.

Rock-Bottom Bargains

With the number of foreclosures, short sales and distressed sales dropping, it’s harder to find a steal-of-a-deal these days. This year you’ll need to research first, look closely and act fast to get the home you want at the best possible price.

 

Share This!

Don’t keep great home buying and selling information to yourself. When you’re done with this newsletter, please pass it along to friends, family and other contacts who are looking to make a move this year. Thank you for your referrals!

 

HOME SELLING

Quick Deals

With buyers being more flexible, being pre-qualified for a home loan and eager to move in, sellers need to be prepared to move out quickly…and into a new home or temporary quarters promptly. Being prepared is IN in 2014.

One Selling Season

The notion of the busy spring selling season is giving way to the year ’round selling season. Sellers sell when they need to, not because of the time of year. Buyers are looking to buy homes all year long as well, meaning a successful sale is attainable at any time.

Watching Appraisals

In a changing market, it’s not uncommon to have homes appraise for lower than contract prices. Ensure your appraiser knows all the home’s features and recent comparables to make sure your home’s purchase isn’t canceled or delayed if the appraisal comes in too low.

Strategic Default

With more options for homeowners, more programs to help those underwater with mortgages, and rising prices, homeowners don’t need to walk away from homes — or pay at closing to pay off their loan. Many different, streamlined selling and restructuring options exist to help homeowners.

Niche Marketing

If your home is a rental (or would be a perfect rental), highlight that with details. If your home is in a great school district, within walking distance to public transportation, has low energy costs, prominently feature these facts online or in a flyer, powerpoint or poster in the kitchen. Buyers want to know as much as they can about your house and sometimes only you are the best person to tell them. Merchandising your home creatively is IN for 2014.

Appreciation

Homes are expected to appreciate in many markets in 2014 compared with the past several years. Price appreciation varies, especially when looking at a specific area of the county, city, neighborhood or even small “micro-market” pockets related to local economic conditions this year.

Sellers’ Market

Generally speaking, 2014 will be a good year to sell because our local real estate market is leaning in sellers’ favor this year. With a continued low inventory of homes available for sale, buyers will be competing for fewer properties, meaning your priced-right, move-in-ready home will sell.

Local Experts

As always, we provide the most up-to-date information as of press time — but check in with any real estate question anytime — relying on our local real estate expertise is always IN.

Categories: wilmington nc real estate, wilmington nc relocation, wilmington real estate stats

Want To See An Awesome City :: Wilmington NC

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www.WilmingtonNC-realestate.com

Welcome to our awesome town…


Wilmington Chamber

In case you need a couple more reasons to love Wilmington NC…

1. Beautiful Beaches and Waterways

Wilmington NC is situated on the southeast coast of NC and is bordered on the east by the Atlantic Ocean and the west by the Cape Fear River. The beauty and charm of Wilmington and the surrounding beaches equal or surpass any on the east coast. The many pristine beaches that we have to enjoy such as Wrightsville Beach, Carolina Beach, Kure Beach, Topsail Beach, Oak Island and Ocean Isle Beach are sure to captivate your heart.

 

2. Boating

The area’s many miles of coastline, rivers and sounds offer a variety of  watersports, boating activities, and quite a few harbors, marinas, and yacht clubs.

3. Fishing

Being located within minutes of one of the most protected inlets on the east coast, Wilmington offers bountiful fishing opportunities within minutes. Masonboro Inlet is located between the Southern tip of Wrightsville Beach and Masonboro Island. Also, the many creeks and bays located off banks channel and the waterways are a fisherman’s dream. You will see them fishing for drum, trout, and  flounder in the fall of the year.

3. Masonboro Island

 

Masonboro Island is an 8 mile long uninhabited island on the southern North Carolina coast between Wrightsville Beach and Carolina Beach and is part of the National Estuarine Research Reserve. Masonboro Island, only accessible by boat, is enjoyed by campers, surfers, anglers, and bird-watchers alike. The reserve consists of about 5000 acres, which about 4400 acres are tidal marsh and mud flats. The most northern end at Masonboro Inlet is the most popular area with its sandy beaches and protected waters. Any summer weekend you will see many boaters and campers prepared for a few days on the beach with tents, grills and water toys in tow.

4. Historic Downtown Wilmington NC

Wilmington is blessed with a beautiful and extensive historic district with magnificent and stately oaks, azaleas and oleanders. 230 blocks of downtown are on the The National Register of Historic Districts. The city embraces a lot of history and is fortunate that so much has been preserved.

5. Wilmington NC Real Estate

I cannot speak highly enough about the real estate offered in and around Wilmington NC, from the River to the Sea! Wilmington offers many affordable neighborhoods such as Whitney Pines to move up neighborhoods like Covil Estates with amenities, to luxury gated communities such as Landfall, or golf course neighborhoods like Porters Neck, and waterfront neighborhoods with marinas and boatslips such as Turtle Hall or Shinn Point . The choices are all right here in our great port city of Wilmington NC.

6. Golf

You can truly enjoy golf year round at the many golf courses throughout the Cape Fear Region. Whatever your handicap, there are more than twenty courses in and around Wilmington that are a pleasure to walk. Some of the courses were designed by some of golf’s greatest names including Jack Nicklaus, Tom Fazio, Fred Couples and P.B. Dye, among others.

7. NC Azalea Festival

For more than 50 years, Wilmingtonians have enjoyed the biggest celebration of the year, The NC Azalea Festival. From the parade, artwork, garden tours, street fair, and rich history, there is truly something for everyone to enjoy. This year the Azalea Festival will be held April 1-5th. Come have fun with us!

8. USS Battleship NC

For all the history or military buffs, the USS Battleship NC is located just across the Cape Fear River from downtown Wilmington. You can tour the ship, take a history lesson, visit the museum or the ship’s store.

9. Wilmington NC Attractions

You will certainly never be bored with all the attractions to our area including the Zoo, numerous Museums, Cape Fear Riverboats, Airlie Gardens, Poplar Grove Plantation, Art galleries, live music and performing arts.

10. Churches

Wilmington is known for its many churches and their unique architecture. You will find one on almost every corner from any denomination you prefer.

11. Bald Head Island

Escape to the tropics! That is exactly how a visit to Bald Head Island will make you feel. Bald Head is located right off the Cape Fear River across from Southport, NC and only accessible by ferry or boat. The island is only traveled by golf cart and offers some of the most beautiful beaches and creeks around.

12. Figure Eight Island

Figure Eight Island, NC is located just north of Wrightsville Beach, NC . It is a private island, only accessible by a swing-bridge with a gatehouse and is bordered by the Intracoastal Waterway and the Atlantic Ocean. The island consists of 1300 acres and approximately 441 homes.  Figure Eight Island today is a beautiful coastal community offering the ultimate in privacy and security and just minutes from the conveniences of Wilmington and Wrightsville Beach, NC.

13. Thalian Hall Theater

Thalian Hall in Wilmington NC celebrated its grand opening October 12, 1858! 85 performances were presented that first year.  At the time, it was the largest Theater South of Richmond, Va. Thalian Hall was known by many names in its early days such as “The Wilmington Theater”, “The Opera House” and “The Academy of Music”. Thalian Hall today looks largely the same as it did in 1858, with its rambling ornate architecture.

14. Fort Fisher Aquarium

The NC Aquarium at Fort Fisher not only displays an assortment of waterlife, but also focuses on conservation of aquatic environments. The Aquarium is open to the public and is available for private events.

15. Warm Climate

The mild climate of the Cape fear region is a big bonus for residents and visitors alike. Golfing, watersports and a multitude of outdoor activities can be enjoyed year round. However, there are four seasons and their transitions are usually spectacular.

16. Southern Hospitality

You will always be in amazement of the southern culture and hospitality of the Southeast region of North Carolina. It is commonplace for southerners to stop on the street and ask you “how you are doing”. And, the courtesy of drivers will pleasantly surprise you.

17. Vibrant and Diverse Economy

New Hanover county is a good location for comfortable living and a thriving business environment. In fact, the Wilmington area was just ranked in the 6th position for cities with job and economic growth by Milken Institute.

18. Shopping

Shopping is delightful with the many strip centers, Independence Mall, Cotton Exchange in downtown Wilmington and the new Mayfaire Town Center with all the name brand stores like William & Sonoma, J Crew, Pottery Barn, and more.

19. Schools

The schools in New Hanover county are some of the best in the country. The recent ABC scores and AYP results are indicative of our excellent schools.

20. UNCW Wilmington NC

UNCW has been named numerous times “Best in the Southeast” by the Princeton review and one of the top three ‘Best Values” by Kiplinger’s rankings. Wilmington College opened its doors in 1947 and was granted 4 year status in 1963 after moving to its present location on College Rd.  UNCW presently enrolls nearly 12000 students.

21. Museums

Wilmington, NC is blessed with many museums such as the Cape Fear Museum, Cameron Art Museum, Wilmington’s Children’s Museum, Wilmington Railroad Museum and many more.

22. Nightlife

When the sun goes down in Wilmington, the downtown area lights up with neighborhood bars, pubs and restaurants. Not to mention the many restaurants and the like that have opened at Mayfaire Town center near Wrightsville Beach.

23. Events

The Cape Fear region is rich in happenings around the area. You can choose from annual fishing tournaments, crafts shows, festivals like the Azalea Festival, Jazz Festival or Riverfest and at Christmas, the Holiday flotilla.

24. Film Industry

Wilmington or “Hollywood East” has hosted the production of more than 400 movies, miniseries and TV movies. In fact, more revenue has been generated from Wilmington NC productions than any other US city except Los Angeles and New York. Just to name a few One Tree Hill is filmed here, Sleeping With the Enemy, Divine Secrets of Ya Ya Sisterhood and Forest Gump.

25. Airlie Gardens

Gardens by the sea best describes the lush formal gardens, lakes and magnificent oaks draped with Spanish moss. Airlie Gardens is home to the Azalea Festival garden party with its collection of over 100,000 azaleas. Airlie is also a popular setting for weddings, Airlie concerts, Oyster roasts, and enchanted Airlie during Christmas starting in November.

Categories: Figure Eight Island, Love to love Wilmington NC, Wilmington NC homes, Wilmington NC Neighborhoods, wilmington nc real estate, Wrightsville Beach NC

Just Released | Wilmington NC Real Estate Third Quarter Stats By Zip Code

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Just Released:
Wilmington NC Real Estate = Third Quarter Report by Zip Code

By R.J. Alex, 2013 President, Wilmington Regional Association of Realtors®

When analyzing ten major zip codes in our region – 28403, 28405, 28409, 28411, 28412, 28451, 28480, 28428, 28449, and 28443 – an average of the zip codes for the third quarter of 2013 shows that:

  • Our average sales price has increased by 5.5% from Year End 2012.
  • Of the 1,346 sellers in 3rd Quarter – 26.30% paid some sort of concession toward the purchase of the house.
  • Our list to sales price ratio for 3rd Quarter is 96.74%, an increase from 95.25% for Year End 2012.
  • The average list price of sold properties is $267,970 and is up 3.8% from Year End 2012.
  • The average number of days a property remained on the market for 3rd Quarter was 114 days, compared to 144 days for Year End 2012.
  • The median sold price of $212,928 for 3rd Quarter has increased 9.2% from Year End 2012.

The areas of focus in this analysis were:

  • Selling Price – The price the seller accepts for his or her house.
  • Sellers Concessions – The amount of money a seller of a house contributes toward the buyers purchase.
  • List to Sales Price Ratio – The difference between the list price and the selling price shown as a percentage.
  • Days on Market – The number of days a house remains for sale, from the listing date to the date the property is placed under contract.
  • List Price – The amount of money a home is listed on the market.
  • Median Price – The middle price of all the properties sold in the given time period.

Percent Changes: 3rd Quarter 2013 vs. Year End 2012

28403 Zip Code

  • The average selling price of $204,700 has increased 4.8% from Year End 2012 average selling price of $195,385.
  • 22% of sellers paid a concession compared to 22% for Year End 2012.
  • The average list price of $214,045 has increased 3.5% from Year End 2012 average list price of $206,807.
  • The average number of days a property remained on the market for 3rd Quarter was 109 days compared to 169 days for Year End 2012.
  • The median sold price of $173,700 for 3rd Quarter has increased 10.5% from Year End 2012.
  • Sold homes in the 3rd Quarter received 95.63% of the asking price, an increase from 94.48% for Year End 2012.

28405 Zip Code

  • The average selling price of $291,898 has increased 14.4% from Year End 2012 average selling price of $255,129.
  • 20% of sellers in 3rd Quarter paid a concession compared to 28% for Year End 2012.
  • The average list price of $304,545 for 3rd Quarter has increased 12.0% from Year End 2012 average list price of $271,880.
  • The average number of days a property remained on the market for 3rd Quarter was 129 days compared to 150 days for Year End 2012.
  • The median sold price of $192,989 for 3rd Quarter has increased 13.2% from Year End 2012.
  • Sold homes in 3rd Quarter received 95.85% of the asking price, an increase from 93.84% for Year End 2012.

28409 Zip Code

  • The average selling price of $298,753 has increased 17.5% from Year End 2012 average selling price of $254,193.
  • 31% of sellers in 3rd Quarter paid a concession compared to 35% for Year End 2012.
  • The average list price of $308,862 for 3rd Quarter has increased 17.3% over Year End 2012 average list price of $263,394. The best of all zip codes.
  • The average number of days a property remained on the market for 3rd Quarter was 103 days compared to 123 days for Year End 2012.
  • The median sold price of $247,500 for 3rd Quarter has increased 12.5% from Year End 2012.
  • Sold homes in 3rd Quarter received 96.73% of the asking price, an increase from 96.51% from Year End 2012.

28411 Zip Code

  • The average selling price of $267,337 has increased 1.2% from Year End 2012 average selling price of $264,199.
  • 32% of sellers in 3rd Quarter paid a concession compared to 42% in Year End 2012.
  • The average list price of $275,161 for 3rd Quarter has decreased .9% over Year End 2012 average list price of $277,757.
  • The average number of days a property remained on the market for 3rd Quarter was 104 days compared to 122 days for Year End 2012.
  • The median sold price of $217,500 for 3rd Quarter has increased .8% from Year End 2012.
  • Sold homes in 3rd Quarter received 97.16% of the asking price, an increase from 95.12% for Year End 2012.

28412 Zip Code

  • The average selling price of $210,184 has increased 19.4% over Year End 2012 average selling price of $176,084. The best of all zip codes.
  • 27% of sellers in 3rd Quarter paid a concession compared to 30% for Year End Quarter 2012.
  • The average list price of $213,882 for 3rd Quarter has increased 17.3% over Year End 2012 average list price of $182,304.  The best of all zip codes.
  • The average number of days a property remained on the market for 3rd Quarter was 82 days compared to 121 days for Year End 2012. The best of all zip codes.
  • The median sold price of $174,250 for 3rd Quarter has increased 13.5% from Year End 2012. The best of all zip codes.
  • Sold homes in 3rd Quarter received 98.27% of the asking price, an increase from 96.59% for Year End 2012.

28451 Zip Code

  • The average selling price of $208,439 has increased 6.6% from Year End 2012 average selling price of $195,446.
  • 23% of sellers in 3rd Quarter paid a concession compared to 27% for Year End 2012.
  • The average list price of $212,012 for 3rd Quarter has increased 6.5% over Year End 2012 average list price of $199,156.
  • The average number of days a property remained on the market for 3rd Quarter was 115 days compared to 146 days for Year End 2012.
  • The median sold price of $180,000 for 3rd Quarter has increased 5.9% from Year End 2012.
  • Sold homes in 3rd Quarter received 98.31% of the asking price, an increase from 98.14% for Year End 2012.

28480 Zip Code

  • The average selling price of $745,550 has decreased .8% from Year End 2012 average selling price of $751,320.
  • 10% of sellers in 3rd Quarter paid a concession compared to 7% in Year End 2012. The best of all zip codes.
  • The average list price of $813,103 for 3rd Quarter has decreased 2.9% over Year End 2012 average list price of $837,261.
  • The average number of days a property remained on the market for 3rd Quarter was 247 days compared to 291 days for Year End 2012.
  • The median sold price of $587,000 for 3rd Quarter has decreased 6.4% from Year End 2012.
  • Sold homes in 3rd Quarter received 91.69% of the asking price, an increase from 89.74% for Year End 2012.

28428 Zip Code

  • The average selling price of $274,869 has increased 3.7% from Year End 2012 average selling price of $265,146.
  • 18% of sellers in 3rd Quarter paid a concession compared to 17% for Year End 2012.
  • The average list price of $287,147 for 3rd Quarter has increased 3.2% over Year End 2012 average list price of $278,143.
  • The average number of days a property remained on the market for 3rd Quarter was 184 days compared to 160 days for Year End 2012.
  • The median sold price of $233,500 for 3rd Quarter has increased 1.4% from Year End 2012.
  • Sold homes in 3rd Quarter received 95.72% of the asking price, an increase from 95.33% for Year End 2012.

28449 Zip Code

  • The average selling price of $291,612 has decreased 15.5% over Year End 2012 average selling price of $345,291.
  • 13% of sellers in 3rd Quarter paid a concession compared to 21% for Year End 2012.
  • The average list price of $303,299 for 3rd Quarter has decreased 17.7% over Year End 2012 average list price of $368,454.
  • The average number of days a property remained on the market for 3rd Quarter was 130 days compared to 199 days for Year End 2012.
  • The median sold price of $250,000 for 3rd Quarter has decreased 22.5% from Year End 2012.
  • Sold homes in 3rd Quarter received 96.15% of the asking price, an increase from 93.71% for Year End 2012.

28443 Zip Code

  • The average selling price of $236,723 has increased 2.4% over Year End 2012 average selling price of $231,222.
  • 36% of sellers in 3rd Quarter paid a concession compared to 42% for Year End 2012.
  • The average list price of $240,285 for 3rd Quarter has increased 1.4% over Year End 2012 average list price of $237,038.
  • The average number of days a property remained on the market for 3rd Quarter was 114 days compared to 137 days for Year End 2012.
  • The median sold price of $225,000 for 3rd Quarter has increased .9% from Year End 2012.
  • Sold homes in 3rd Quarter received 98.52% of the asking price, an increase from 97.55% for Year End 2012. The best of all zip codes.

Eight out of ten zip codes reported an increase in the average sales price, while nine out of ten zip codes had the list to sales price ratio above 95%. Sellers are getting closer to their asking price, which is a good sign that real estate is recovering. Nine zip codes also reported fewer days on the market. For more market data that covers our entire MLS, please Click Here. Take advantage of these exceptional opportunities to invest in the American Dream of homeownership. Contact a Realtor® today!

An Analysis of information from the Wilmington Regional Association of Realtors® Incorporated, for the period Jan. 1, 2005 through September 30, 2013 – data pulled on October 12, 2013. Average sold numbers for specific neighborhoods within each zip code can be higher or lower than these stated averages. It is highly recommend that you consult a Realtor® to determine how these numbers specifically relate to your neighborhood. Local MLS data is the most accurate source of sales and price information in specific areas, although there may be differences in reporting methodology.

DISCLOSURE: REALTOR® is a federally registered collective membership mark which identifies a real estate professional who is a Member of the NATIONAL ASSOCIATION OF REALTORS® and subscribes to its strict Code of Ethics. These REALTORS® are also members of WRAR as their local association. As members of the media and press, we ask that you assist us in protecting this MARK by adhering to the specific guidelines which are specified hereafter. Newspapers – please refer to Letter of the Law: Part Two – V. Special Cases, A. In News Releases to ensure proper use of term (AP and UPI style guidelines are acceptable). Media – please refer to Letter of the Law: Part Five – Protection & Compliance Procedures to ensure proper use of term (specifically Section II B).

Categories: wilmington nc real estate, wilmington nc relocation, Wilmington nc schools, Wilmington NC third quarter stats

The Secret to Our Open House Success | Wilmington NC real estate

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[youtube]http://www.youtube.com/watch?v=LURw1qQ4Zmg[/youtube]

The Secret to Our Open House Success

 

In today’s real estate environment in Wilmington, NC, more than ever, open houses are an effective marketing strategy. But, just to advertise the home in the Sunday paper and post a sign is not enough. An effective marketing campaign for open houses will prove to be a very successful open house and hopefully bring buyers to the table.

Our Open House Marketing Strategy

Stage and landscape should begin 7-10 days prior to the open house. Sellers need to understand the importance of curb appeal and presentation. Some nice fresh flowers in the kitchen, potted plants on the front porch, fresh baked cookies  are all enhancements for an open house.

Place strategic open house signs  5-7 days before the open house stating the day and time of the open house. I have found this creates a lot of interest even before the open house.

Direct mail pieces to the neighborhood and adjoining neighborhoods to let everyone know. Neighbors will call their friends to tell them about the open house.

Marketing blitz to top Realtors to let them know to send their clients over to view this home.

Place open house banners on all the websites available days ahead of time. Buyers will see this online and start planning to attend and sometimes they even make an appt to see the home in advance.

Advertise in the newspaper days ahead and of course, post an ad for the day of the open house.

We always have comparable sales information to present at the open house.

Remove brochures from the brochure box out front and bring them inside. This will entice the buyers to come in rather than taking a flyer and driving away.

You can always check out our open houses on our website at cbbaker.com and the numerous other websites that we promote our listings on.

Categories: Wilmington NC homes, wilmington nc real estate, wilmington nc relocation, wilmington real estate stats, Wrightsville Beach NC

Wilmington NC Waterfront Living Is The Best…

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Wilmington NC Waterfront Living

Waterfront living in Wilmington NC equals or surpasses any area in the Southeast and If you enjoy boating as much as many of us do in Southeastern NC, you definitely know we have one of the best boating locations in the nation. Wilmington, with the Cape Fear River to the West and the Atlantic Ocean to the East, has it all, from the River to the Sea. Read the rest of this entry

Categories: Buying Wilmington NC real estate, Wilmington NC Neighborhoods

‘Little’ Household Problems Can Eventually Cost A Lot | Wilmington NC real estate

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An Ounce Of Prevention

Sometimes a $1,000 disaster can be prevented with a $4 hose. That’s the finding of many Wilmington NC homeowners who end up paying a lot for repairs that could have been prevented with just an ounce of inexpensive prevention.

One of the best places to check first is any place in your home that can be damaged by water. A survey by the American Society of Home Inspectors found that 40% of home maintenance problems are related to water. Water seeping into the basement or crawlspace, leaks from neglected washer and dishwasher hoses, and leaking pipes can leave you wet and poor.

Pay attention to the following items in your home regularly:

Water Threats
• Check for leaks from appliance hoses (washer and dishwasher), connections to the hot water heater and humidifier, outside spigots, exposed plumbing. Tighten all connections.

• After a heavy rain, check for water in attics, basements and crawlspaces. Make repairs as soon as the area is dry.

• Backed-up gutters can cause water to seep back up into the attic. The solution is simple, though: regularly remove leaves and debris from the gutter system.

Electrical System
• Check the circuit breakers about every six months.

• Check switches when lights seem to blink when the switch is touched.

• Keep wall-socket plates secure and replace broken ones.

A/C and Heating System
• Check these systems at least once a year; have them cleaned and serviced. You could save thousands in repair/replacement bills later, and improve operating efficiency thereby lowering monthly costs.

• If you have a fireplace, make sure it is professionally inspected and cleaned annually. Wood-burning fireplaces can cause creosote to build up in their chimneys–a dangerous fire hazard.

To Search all Wilmington NC real estate please visit www.cbbaker.com

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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.