Developers broke ground recently on a single-family and townhome rental community in Bolivia. Ohio-based Stark Enterprises, in collaboration with affiliated companies Stark Living and Arbor Construction, is building Oak Harbor Village at the intersection of Sunset Harbor Road and N.C. 211. The 23-acre community will include 130 single-story, ranch-style homes and two ...

Riverlights could expand by 73 more townhomes if plans recently submitted to the city of Wilmington come to fruition. The developers of Riverlights, a 1,400-acre, master-planned community along River Road near the Cape Fear River, are looking at the potential for new townhomes in a small part of a 120-acre mixed-use site. According to the site plans, the project woul ...

According to a residential real estate report released Wednesday, new listings in Brunswick County increased by nearly 28% in March compared to the same period last year, while units sold fell about 4%. A news release from the Brunswick County Association of Realtors (BCAR) stated the market in the rapidly growing county experienced a "typical seasonal warmup in Ma ...

Matt Ham describes building relationships as his “heartbeat.” A Wilmington native, Ham worked for North Carolina Farm Bureau from 2008 to 2018 before embarking on various entrepreneurial and nonprofit endeavors. This year, he returned to the insurance business by opening Airlie Oak Insurance Group in the flagship office of Berkshire Hathaway HomeServices ...

It was time to move on, said Trey Wallace, president of Wilmington-based Intracoastal Realty Corp.  He was referring to the $418 million settlement, announced March 15, reached between plaintiffs and the National Association of Realtors in a case centered on the industry’s commission practices. According to one of the law firms representing the plaintiffs, Ch ...

A panel of economists presented a cautiously optimistic forecast for the housing market on Thursday during an event hosted by Cape Fear Realtors and the Wilmington-Cape Fear Home Builders Association. On a national level, the economists said they expect to see continued demand for housing along with interest rate cuts from the Federal Reserve later this year. Locally, t ...

Home sale prices, the number of homes sold and new listings increased in February in Brunswick County, according to a report this week. While units sold only rose by 1.8% compared to last February (from 326 in February 2023 to 332 last month), new listings in February jumped 31.5% from 517 last year to 680 this year, a news release stated. “Last month’s n ...

In Surf City, more sewer capacity is on the way. Mayor Teresa Batts updated a real estate industry audience in Sneads Ferry in February on the critical development issue. “Sewer has slowed down the building in our area,” Batts, who owns Teresa Batts Real Estate, told the group.  But every lot in Surf City was accounted for, she said, before the to ...

Janet Kane has been named CEO of Wilmington-based Cape Fear Realtors. Kane has served as interim CEO of CFR since January after the departure of previous CEO Anne Gardner, who had served in the leadership role since 2019. "Her wealth of knowledge and extensive background in association management made her an ideal fit to guide the local association of Realtors t ...

The competition is stiff, and the work is hard, but Stephanie Norris wouldn’t give up her job for anything. Norris, who owns Terroir Development LLC, specializes in developing affordable housing, and it’s her mission to help provide homes for the area’s many residents who find it difficult, if not impossible, to afford a house or apartment.  &ldqu ...