Real Estate - Residential

Jan 27, 2023

Wilmington-based Coldwell Banker Sea Coast Advantage recently opened an office near North Carolina's largest city as the residential real estate giant continues to expand beyond the Cape Fear region. “We have secured a great location at 124 Unionville Indian Trail Road in the rapidly growing Indian Trail area,” said Tim Milam, CEO, in a news release. Ind ...

Jan 26, 2023

The affordable housing division of a real estate investment firm recently bought a 429-unit multifamily community in Wilmington, according to a news release. Olive Tree Affordable Housing, an affiliate of New York City-based Olive Tree Holdings, on Thursday announced its purchase of The Life at Lakeside Villas, 1519 Lake Branch Drive, the release stated. It ...

Jan 20, 2023

Preserving Wealth, For Family And History

By Cece Nunn, posted Jan 20, 2023

When her grandmother would return home at night after working all day at Efird’s, a downtown Wilmington department store that closed nearly 50 years ago, Jaqueline Harper would rub the exhausted lady’s sore ankles and feet.   Harper remembers those times when she thinks about why that home, at 504 Ann St., is something she still cherishes.   &ldqu ...

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The Guiding Principles of a Credit Union

Posted Jul 15, 2022
Can you believe that credit unions have been around for almost 200 years? And yet, as a young adult, I must admit I didn’t even know what a credit union was prior to applying for a teller position at a little credit union in small-town America. Joining a credit union, both as an employee and as a member, turned out to be one of the best decisions I ever made personally and professionally. Ye...read entire article
Jan 18, 2023

Brunswick County's residential real estate market recorded dwindling numbers last year compared to 2021, but the county's Realtors' association describes the data as getting back to normal. "After an extended period of rapid sales coupled with an extremely low inventory, Brunswick's home sales closed out 2022 with more typical numbers," accordi ...

Jan 12, 2023

Coldwell Banker Sea Coast Advantage Announces Merger

By Staff Reports, posted Jan 12, 2023

Wilmington-based Coldwell Banker Sea Coast Advantage has grown again after a merger with Coldwell Banker Coastal Rivers Realty, according to a news release. The new alliance will extend the geographic reach of Coldwell Banker Sea Coast Advantage (CBSCA) in eastern North Carolina northward to Washington and the surrounding are ...

Jan 5, 2023

Competing for apartments and other types of rental dwellings in parts of the region can be a chore. Although stories describing the difficulties of securing rental housing in the Port City abound among potential residents and on social media, a new study quantifies it. According to a Yardi Matrix study shared by RentCafe, 12 renters competed for each vacant apartme ...

Dec 23, 2022

As Year Winds Down, Housing Market Continues To Cool

By Staff Reports, posted Dec 23, 2022

November year-to-date numbers for the Wilmington area show a decline in the number of homes sold but a nearly 19% increase (from $320,000 to $380,000) in the median sales price, according to a Cape Fear Realtors report. “Activity typically slows down by the time winter comes,” said Ea Ruth, CFR president, in the report. “According to the most recent Re ...

Dec 16, 2022

Luxury Sales Shine Much Of The Year

By Cece Nunn, posted Dec 16, 2022

As of early December, the highest-priced sale of the year in the region’s luxury homes category, defined as houses priced at $1 million or more, was a $10 million Figure Eight Island property bought by Sally and Mack Brown, UNC’s head football coach.   In recorded history as of Dec. 5, it was the highest price ever paid for a home in New Hanover County, ...

Dec 16, 2022

TOP STORY OF THE YEAR: Local Home Sales See Slowdown

By Cece Nunn, posted Dec 16, 2022

The housing market in the Wilmington area pumped the brakes in recent months, continuing to slow down heading into the fourth quarter after a manic run. “The rising consumer prices and higher mortgage interest rates squeeze homebuyer budgets, which calms market activity. The cost of borrowing has reached a multi-year high as mortgage interest rates topped 6% for t ...

Dec 14, 2022

The seller of a Wrightville Beach home, now listed for nearly $14 million, withdrew the house from an auction that had been set to begin Dec. 9. The custom-built, 8,600-square-foot house at 1 Auditorium Circle, off Causeway Drive between the Intracoastal Waterway and the Atlantic Ocean, is listed by Wilmington-based Landmark Sotheby's International Realty ...

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