Real Estate - Residential

Jun 1, 2023

Developer, Residents At A Crossroads In Midtown Wilmington

By Cece Nunn, posted About 13 hours ago

Some of the last undeveloped acres in midtown Wilmington are the subject of those roadside signs you see when you're driving around Independence Mall and Oleander Drive. The “No Rezoning” signs with QRL codes (pictured below), planted by the group Save Midtown Neighborhoods, express opposition to a developer’s anticipated rezoning request. Devel ...

May 24, 2023

Riverwood Apartments, a luxury apartment and townhome rental community in Echo Farms, sold Wednesday in a $58.46 million deal, according to a news release from Wilmington-based firm Cape Fear Development. With support from Cape Fear Commercial, New York-based Cushman & Wakefield, a global real estate services firm, represented the seller, Riverwood Apartments LLC, i ...

May 24, 2023

The average sale price of homes in Brunswick County remained nearly the same, while the number of new listings and homes sold slumped, according to a release by the Brunswick County Association of Realtors. New listings fell 5.6%, from 586 to 553, while the number of units sold dropped 8.9%, from 482 to 439. Brunswick County saw nearly $200 million in ...

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North Carolina's 2023 Hurricane Season Predictions: Harnessing the Power of Solar Energy and Storage for Optimal Resilience

Posted About 12 hours ago
As North Carolina braces itself for the upcoming 2023 hurricane season which estimates to include 11 to 15 named storms, the state's residents and businesses are seeking ways to enhance their resilience and minimize the potential impact of these potentially devastatin...read entire article
May 23, 2023

Real Estate Firm Based In Wilmington Opens Southport Office

By Staff Reports, posted May 23, 2023

One of the area's largest residential real estate companies based in Wilmington recently opened an office in a growing area of Brunswick County. Intracoastal Realty Corp. placed its newest office at 122 N. Howe St. in downtown Southport, according to a news release. The office "provides a convenient location for Intracoastal Realty to effectively serve ...

May 19, 2023

Seller's Market Continues, According To Cape Fear Realtors

By Staff Reports, posted May 19, 2023

The latest housing report for the region encompassing New Hanover, Brunswick and Pender counties showed drops in the number of homes sold and new listings in April compared to the same month last year. But the median price jumped 13%, according to the report by Cape Fear Realtors. “Like March’s results, the tri-county market is still considered ...

May 18, 2023

In Wrightsville Beach, the steel, wood and concrete custom home at 1 Auditorium Circle sold last week for $10 million. The house, off Causeway Drive on Harbor Island between the Intracoastal Waterway and the Atlantic Ocean, has made headlines with its unique design and fluctuating listing price, which at one point reached $16.4 million. But an even bigger luxury home ...

May 5, 2023

Real Estate Law Firm's NC Expansion Begins In Leland

By Jenny Callison, posted May 5, 2023

With the acquisition of a Leland-based law firm, a South Carolina real estate firm is expanding into North Carolina.   Nelson & Galbreath, with offices in Columbia, Myrtle Beach, Charleston and upstate South Carolina, as well as in Atlanta, just closed on its purchase of Rhodes Law Offices at 503 Olde Waterford Way, Suite 201 in Leland. That firm’s owner, ...

May 4, 2023

Developer Adds To Wilmington's Student Housing Stock

By Cece Nunn, posted May 4, 2023

A Wilmington-based development firm that bought student apartments on Kerr Avenue last year is adding more buildings to the property. The Leeward Group, which paid $5.2 million for the complex, is building two 12-unit structures in Phase 1 of its expansion plan for Seahawk Cove, a 24-unit community at 619 S. Kerr Ave. Phase 2 will add another 24 apartments to the comple ...

Apr 25, 2023

What could end up being called a "pet nook," which is a stairway alcove with room for a dog bed and food and water bowls, is a feature of one of the homes on display during this year's Parade of Homes. The home, the Haywood model built by New Leaf Builders, is one of eight model houses from five builders on Trisail Terrace in Riverlights, a ...

Apr 7, 2023

Summerwalk, a development off Greenville Loop Road, includes more than 100 townhomes and 19 single-family residences completed in 2019, but the developer's original plans involved more homes and commercial space.  At 6120 Oleander Drive on six acres of the original 26-acre development site, those additions could be coming soon. An attorney has applied ...

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