Realtor Kathy Merlo and her husband, Tony, moved to Riverlights two years ago, into a Trusst Builder Group house facing a 38-acre lake. Even since then, Riverlights has continued to grow, with the latest phases of single-family home development in the 1,400-acre community opening up to buyers this summer. “There’s going to be a lot of homes; t ...
While homes in Brunswick County sold quickly in April, the ongoing challenges of a manic market led to a 22.5% drop in the number of units sold compared to April 2021, according to a report released this week. A majority of homes sold last month spent less than five days on the market, according to numbers compiled from the N.C. Regional Multiple Listing Service by the ...
Plans for a large rental community in midtown could be reviewed soon during an upcoming Wilmington Planning Commission meeting. Middleburg Communities hopes to develop The Hamlet at Barclay West on about 50 acres of undeveloped land at 3152 S. 17th Street. The two parcels are owned by Graham-Cameron AG & Timber Company LLC. The developers are hoping ...
Buyers covering the full price of a home with out-of-pocket cash are making up a greater share of overall sales in the Cape Fear region. Data from the real estate data firm ATTOM show the Wilmington MSA is following national trends. In the first quarter of the year, all-cash purchases made up 35.1% of all single-family home sales in the Wilmington MSA, up 7% year- ...
Brunswick County officials on Tuesday night approved the rezoning of more than 2,100 acres designated for residential use near Carolina Shores. The rezoning measure by the Brunswick County Planning Board, changing the land's designation from rural residential (RR) to medium-density residential (R-7500), means it could hold 5.8 dwelling units per acre as opposed to 2 ...
A Charlotte-based general contractor that opened a Wilmington office earlier this year recently broke ground on apartments in the Wilmington area. The Port City branch of C. Herman Construction, 2715 Ashton Drive, Suite 100, recently marked the start of a Leland development, Encore at Westgate Townhomes. The project with Graycliff Capital Partners and Kee ...
The luxury home market in the Wilmington area reaching new heights has become commonplace in the past few years, and a recent sale broke the highest-price record again. At the end of April, the oceanfront house at 258 Beach Road N. on Figure Eight Island sold for $6.75 million, according to a luxury real estate report by Wilmington-based Just For Buyers Realty. The ...
A national moving and storage firm ranked an area encompassing Wilmington and Myrtle Beach, South Carolina, as one of the top 20 moving destinations among its customers in 2021 through early 2022. PODS Enterprises LLC, founded nearly 25 years ago and headquartered in Clearwater, Florida, released its second annual trends report this week. The report lists the PODS marke ...
A firm specializing in luxury real estate in the Wilmington area announced Thursday the addition of a CEO. Daniel Malechuk is taking the helm at Landmark Sotheby’s International Realty, a company that was founded by broker Nick Phillips. “Landmark Sotheby’s has experienced strong growth over the past several years and has reached an inflection ...
Foreclosures in New Hanover County during the first quarter of the year were up 185% compared to last year. That’s according to records compiled by ATTOM Data Solutions, a real estate data analysis firm. The increase likely represents a “catch-up” on loans that were frozen or protected during the pandemic, a data expert said. The county’ ...
New Owners Announced For South Front Street Restaurant
Staff Reports
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May 23, 2022
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Coastal Entrepreneur Of The Year For 2022 Named
Johanna F. Still
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May 24, 2022
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Former First Bank Exec Named CFO Of New Hanover County
Staff Reports
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May 23, 2022
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World-famous YouTuber Spotlights Two Local Restaurants
Jenny Callison
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May 25, 2022
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Governor's Office Honors Brunswick Co. Volunteers
Staff Reports
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May 24, 2022
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The Cucalorus Festival has covered a lot of ground over the past 28 years, and with executive director Dan Brawley at the helm, it continues...
Offshore wind, which can generate electricity, represents an untapped economic frontier for the region that has bipartisan support....
Aariene Hansley, entrepreneurial academy education coordinator at business development firm Genesis Block, shares her top info and tech pick...
The 2022 WilmingtonBiz: Book on Business is an annual publication showcasing the Wilmington region as a center of business.
