During a recent discussion about how well the local housing market is doing, Brunswick County Association of Realtors CEO Cynthia Walsh summed up in one word what, on the other hand, is becoming a big problem.   Lumber.   The prices of lumber have increased exponentially over the past several months. The National Association of Home Builders says that lumber ...

A local builder purchased more than 74 acres in Pender County to create a neighborhood with 175 single-family homes and 141 townhome units. Silo Ridge will be located about a quarter mile from U.S. 17 on Sidbury Road in Scotts Hill, next to the site of the planned Blake Farm development. Wilmington-based McAdams Homes bought the property from Blakes' of Scotts Hi ...

Requests coming to the New Hanover County Planning Board in October would affect zoning designations on more than 500 acres owned for decades by the Trask family. The homes built there could help meet the area's ongoing demand for workforce housing, Trask Land Company Inc. officials said Thursday. The aim of separate rezoning requests is to allow the firm to even ...

A significant mixed-use project along Wilmington’s northern riverfront area is nearing completion. Dewitt Carolinas on Tuesday announced that its upscale apartment and retail complex, Pier 33, will offer its first phase of 125 apartments for lease in October. The remaining two phases should be ready by the end of the year, according to a news release.  &n ...

Like a rocket ship. That’s how far home sales have soared, from a low in April in the local residential real estate market, to new highs, Realtors say. “Coming into this year, we expected 2020 to be a better year than 2019,” said Trey Wallace, president of Intracoastal Realty Corp., during a Wilmington-Cape Fear Home Builders event this month. &ldqu ...

Construction is underway on Waterleaf at Leland, a 248-unit luxury apartment community in northern Brunswick County.  It's the newest multi-family development for Graycliff Capital Partners LLC, a firm based in Greenville, South Carolina, according to a news release.  Pre-leasing is expected to begin in early December 2020, the release stated. Located a ...

A mixed-use building planned for the corner of South 17th and Church streets in Wilmington aims to fill what some describe as a void in the area's housing offerings. The three-story structure called Ardmore includes 25 units with a mix of studios/lofts and one- and two-bedroom apartments, said developer Dave Spetrino, president and founder of Wilmington-based P ...

Area luxury home sales shattered a 15-year record in August, according to a news release Friday. And September is already looking good, Realtors say. In New Hanover, Brunswick and Pender counties, 47 homes sold for a combined value of $82.2 million, stated the release from Wilmington-based Just For Buyers Realty. That breaks the record set in June 2005 when 40 home ...

As a child in the Western North Carolina town of Black Mountain, Annah Norris didn’t really have a place to call home.   “Growing up, we had it kind of rough,” the Wilmington homebuilder said. “We moved around a ton and never really had a settled place. So homes are a big deal for me.”   Over the years, she’s made building ...

A project that includes three- and four-bedroom apartments could be on the way to College Acres Drive near the University of North Carolina Wilmington, according to site plans submitted to the city.  The project, called "Cottages at College Acres" on renderings included with the plans, would involve building five, three-story multi-family buildings and ni ...