BUY OR WAIT? Check The Answer That’s Right For You | Wilmington NC real estate

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There’s no right or wrong answer when you ask: “Is it the right time to buy a home?” For some, it’s a great time to buy—while for others, the answer is not as clear cut. There are lots of check marks that make buying favorable, but some unknowns as well. We’re here to help you sort out the right answer for you.

Today’s real estate market is affordable for many. Interest rates are still near historic lows, which means your money buys more home than it will when rates rise. With stable employment, a decent down payment and a good credit history, you’re likely to qualify for a mortgage.

The selection of homes available locally is improving because the overall economy has encouraged more owners to sell. Because of this, your odds of finding the right home for you are higher today. Also, homebuyers now have many financing options because lenders offer a variety of loan programs that allow buyers to choose their mortgage term and interest rate to ensure the loan is affordable today—and tomorrow.

Should you buy a home today?
There are many reasons why it might be a good time for you, personally, to buy real estate today. How many reasons can you check off?

☑ I need a tax break.
Paying mortgage interest and real estate taxes may provide you with a sizable deduction on your income taxes. Consult a financial professional to review your tax return and see the impact owning a home (or a larger home) could have on your tax bill.

☑ My household income is likely to grow.
Up for a raise in the not-too-distant future? In line for a promotion? If your career—or your partner’s career—is on an upward trajectory, your growing income will offset any increases in real estate taxes, insurance or interest rate down the road.

☑ I’m ready to put down some roots.
You may feel ready to sink deeper roots in one location and become more vested in our community. If you’re looking to call our area home for five years or more, it may make sense to buy a home or move up to a larger one.

☑ I have been saving for a rainy day.
If you’ve been stashing away money for a down payment for some time, consult a mortgage lender to determine how much home you can comfortably afford to buy (ask us for lender recommendations). Calculate if your savings cushion is enough to cover unexpected maintenance costs or other emergencies after the down payment is paid.

☑ I need a home that will grow with my family.
If the home you can afford today has enough bedrooms to accommodate future children, children who are returning home, elderly family members or a work-at-home situation, it may be the right time for you to buy.

☑ I’ll be receiving some money.
If you are receiving a large legal settlement or a family member has presented you or your partner with a sizable monetary gift or inheritance, you might be able to buy that home you’ve only dreamed of before now.

☑ I follow a budget.
With your finances in order and personal spending in check, you likely have a realistic budget to know how much you can safely spend on housing.

☑ My debt situation is under control.
If you had student loans and they’re nearly paid off, college-age kids that are close to graduation or credit card debt that is near a zero balance, it might be time for you to think about buying a home.

☑ I’m just ready.
If you’re ready to buy a home, it’s time to contact us. We can show you local homes that fit your finances and your family. We can work with you to determine which one meets your needs best. We look forward to hearing from you soon!

Categories: Buy Now or Wait, Wilmington NC homes, Wilmington NC Market Statistics, wilmington nc real estate, Wrightsville Beach NC

Economists See Signs of Stonger Recovery | Wilmington NC real estate

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Good news is a blessing to hear.  The latest report in the New York Times  states that even thought the recession is “officially over” the latest measures to spur the economy on has many forecasters and policy makers expressing optimism that the recovery will gain substantial momentum in 2011.  The growth projections for next year have been raised by economists in universities and on Wall Street.  Retail, factory orders and industrial orders have increased.  The unemployment, while still high is on a downward trend. consumer confidence is getting stronger, large corporations are reporting healthy profits and the Dow Jones industrial average reached a two year high this week.  May this upward trend continue well on into 2011.  Merry Christmas and a very peaceful New Year to all.

Kay Baker & Associates

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Landfall NC Real Estate

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Landfall is conveniently located between Wilmington, NCimg_1264 and Wrightsville Beach, NC. It’s 2200 acres of premier real estate is also situated on miles of pristine waterfront property with magnificent views of Wrightsville Beach, NC.

Landfall is also home to well known golf courses such as The Pete Dye or Jack Nicklaus Course. The country clubs at Landfall offer 14  tennis courts, olympic size pool, state of the art fitness center, fine dining and social events year round.             Video of Landfall

Landfall NC real estate offers diverse architecture, wooded homesites, and panoramic views of the intracoastal waterway, fairways, ponds and the beaches. Whatever your heart desires in luxurious country club living, it is here at Landfall near Historic Wilmington, NC.

Homes for sale in Landfall range in size and price  from 1650 sq ft patio home at Prestwick to a stately 10,000 sqft Greek Revival home priced at $4,919,000. There are presently 152 Landfall homes for sale, 6 homes are pending and are priced under $1,000,000. In 2009, there have been 16 homes sold in Landfall according to WRAR.

To search for homes in Landfall or Wilmington NC real estate including short sales or foreclosures, please log on to my website at www.cbbaker.com or contact me at kaybaker@ec.rr.com or 910-232-0363. I would be happy to send you a list of homes for sale.

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Landfall NC Real Estate

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The Regency at Landfall

The Regency at Landfall is truly a place like no other. With its legendary beauty, old world charm and unmatched amenities, you can truly enjoy luxurious living on the coast of North Carolina.   Lots for Sale in The Regency at Landfall

Landfall offers golf and more golf… The unsurpassed Jack Nicklaus 27 hole and the 18 hole Pete Dye course are stunningly designed and border glassy lakes, wetlands and dramatic views of the Intracoastal Waterway. And both of these are just steps from your front door at The Regency at Landfall.

In addition, Landfall offers an Olympic sized pool, walking paths, tennis complex, fitness center, two clubhouses and two pro shops.

The Regency at Landfall offers the best of all worlds, being located convenient to the port city of Wilmington, NC and less than 5 minutes to Wrightsville Beach, NC and Mayfaire Town Center. 

The Regency at Landfall offers wooded homesites available now for building and prices range from $250,000. Lenders are offering very aggressive mortgage terms for the remaining homesites at The Regency with up to 95% financing. And there are special incentives for builders, for a limited time only. 

The Regency’s lovely wooded neighborhood is an array of elegant homestyles to Mediterranean. Come enjoy this relaxing coastal lifestyle at The Regency at Landfall.Video of Landfall | The Regency

For more details on The Regency, to search for all homes for sale in Landfall , or Wilmington, NC real estate,  please contact kay@cbbaker.com or 910-497-7325 or www.cbbaker.com .

Categories: Buying Wilmington NC real estate, Landfall, Wilmington NC Neighborhoods

Landfall Wilmington, NC Real Estate

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Landfall NC Real Estate

Landfall near the Port city of Wilmington, NC and only minutes to Wrightsville Beach, NC is an exclusive gated community comprised of  nearly 2200 acres, with approximately 4 miles on the waterway and Howe Creek. Landfall offers 2 of the best golf courses in North Carolina, the Jack Nichlaus (27 holes) and the Pete Dye (18 holes).  Both courses have their own clubhouse and pro shop. And, the Drysdale complex offers one of the finest tennis facilities, a fitness center and 8 lane Olympic pool. Landfall with its lakes, ponds and lush vegetation, and  nearly 2000 homes definitely offers one of the most upscale gated communities on the East Coast.. Read the rest of this entry

Categories: Buying Wilmington NC real estate, Landfall, Wilmington NC Neighborhoods


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.