Real Estate - Residential

Feb 20, 2024

A nonprofit's partnership with New Hanover County aims to help residents struggling to pay their rent, according to a news release. Wilmington-based New H.O.P.E. CDC will begin accepting applications for its rental assistance program, which will target workforce housing, on Wednesday, the release stated. "In a city where the average rent hovers around $1,600 ...

Feb 16, 2024

Realtors Report Increase In Sales, Listings In January

By Staff Reports, posted Feb 16, 2024

The Wilmington area’s latest residential real estate report shows an increase in the number of homes sold and in the number of new listings compared to the same period last year. According to the report, compiled from the N.C. Regional Multiple Listing Service by Cape Fear Realtors, the January housing market for the Wilmington Metropolitan Statistical Area (MSA) ...

Feb 16, 2024

State Real Estate Leader Weighs In

By Cece Nunn, posted Feb 16, 2024

Tony Harrington, owner of Wilmington-based firm The Property Shop International Realty, is this year’s president of NC Realtors. Below, Harrington shares his thoughts on the state of the residential real estate market in the Wilmington area and the state of North Carolina.   What do you think is the biggest challenge facing the residential real estate in ...

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‘Creative,’ An Adjective To Describe Your Accountant?!

Posted Feb 6, 2024
Have you ever used the word creative as an adjective to describe your accountant?!  
 
And, we’re not talking about “Enron” or “WoldCom” creativity.  
 
We’re talking about the accountants who can think outside the box and come up with solutions to meet the most complex business needs, while ensure compli...read entire article
Feb 14, 2024

On the website for the Amberleigh Shores apartment community in Porters Neck, a banner proclaims, “Now offering 6 WEEKS OFF on all floorplans when you move in by 2/29!” Such concessions aren’t limited to Amberleigh Shores. They indicate a slight but noticeable shift in the Wilmington area’s apartment market, which has seen an increase in vacancy ...

Feb 9, 2024

Charleston, South Carolina-based investors paid $67.75 million for an apartment complex in Wilmington, according to a deed recorded Jan. 30. Amberleigh South, 115 Amberleigh Drive off Market Street in northern New Hanover County, has more than 280 units, said Thomas Wagoner, CFO of Middle Street Partners (MSP), in an email. Wagoner’s firm is a real estate ...

Feb 2, 2024

Tony Harrington, owner and broker of The Property Shop International Realty in Wilmington, was recently installed as this year’s president of North Carolina Realtors. NC Realtors is a nonprofit trade association with more than 57,000 members and 43 local associations throughout North Carolina, according to a news release. Founded in 1921, the association is headqu ...

Jan 31, 2024

The Charlotte-based developer planning apartments near Maides Park in Wilmington is banking on the area’s demand for affordable housing to make its project a success. Greenway Residential Development officials want to build 60 cottage-style apartments for seniors on nearly 8 acres at 516 and 520 Mosley Street. As a result, they’re seeking a conditional distr ...

Jan 26, 2024

A longtime independent residential real estate firm based in Brunswick County recently announced leadership changes. Margaret Rudd & Associates Inc., a family-owned business, elected Karen Rudd Brake to the role of president and CEO and Brooke Rudd-Gaglie to vice president, according to a news release. Following 43 years of leading the corporation, founder Margar ...

Jan 19, 2024

2024: Interest Rates, Insurance On Radar

By Cece Nunn, posted Jan 19, 2024

In recent years, Realtors in the Wilmington area have juggled dozens of offers for one house. But those days might be gone for the most part, at least for now. “I would not say it’s a buyer’s market. But I think you’re seeing things loosen up a little bit, where you’re not seeing a ton of multiple offers. You may see two or three but not ...

Jan 15, 2024

Rezoning Request For 758 Acres In The Works

By Staff Reports, posted Jan 15, 2024

One of the largest homebuilders in the area and the U.S. is seeking a rezoning from New Hanover County officials for 758 acres on Sidbury Road. A community meeting on the request, which is being made by engineering firm McKim & Creed Inc. on behalf of homebuilder D.R. Horton Inc. and property owner Corbett Industries Inc., is set to take place Feb. 6. According t ...

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In The Current Issue

INFO JUNKIE: Brooke Rudd-Gaglie

Brooke Rudd-Gaglie, vice president, director and practicing broker at Margaret Rudd & Associates Realtors, shares her tech and info picks....


State Real Estate Leader Weighs In

"Forecasts from leading economists suggest a downward adjustment in interest rates by the middle of the year, a development that could notab...


MADE: IKA Works Inc. Equips Labs

IKA Works Inc. manufactures products used by universities, biotech companies and more....

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