Real Estate - Residential

Sep 18, 2024

Realtors Report August Residential Real Estate Stats

By Staff Reports, posted About 3 hours ago

Some residential real estate market statistics in the Wilmington area jumped significantly in August, while the number of homes sold declined slightly from the same month last year, according to a recent report. Cape Fear Realtors last week said tri-county statistics from the N.C. Regional Multiple Listing Service showed an increase of 45% in active listings last m ...

Sep 13, 2024

Cape Fear Housing Coalition is hosting a Brunswick County Homeowner Education Series throughout the months of September and October to help older homeowners "prepare for their next phase of life and learn about tools, tips and opportunities for support," according to a news release. Amy Davis, education and advocacy chair for the housing coalition, stated in t ...

Aug 27, 2024

The Charlotte office of global real estate firm CBRE has arranged a $48.5 million loan for the refinancing of Wilmington apartment complex Element Barclay Station, according to a news release. Located at 1841 Dusty Miller Lane, Element Barclay Station is a nine-building, 286-unit garden-style apartment complex completed in 2023. The complex includes one- to three-b ...

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Risk Tolerance vs Risk Capacity

Posted Jun 13, 2024
This article was contributed by Pantelis Miliotis. 

Understanding the disparity between risk tolerance and risk capacity is essential for investors navigating the financial markets. While both concepts pertain to risk, they address different aspects of an investor's financial profile. 
 
Risk tolerance refers to an individual's psycholog...read entire article
Aug 27, 2024

Historic Wilmington Foundation Puts Headquarters Up For Sale

By Staff Reports, posted Aug 27, 2024

The Historic Wilmington Foundation has put its headquarters on the market with a list price of $650,000. The 3,100-square-foot house at 211 Orange St., which has four bedrooms and 2.5 bathrooms, was built in 1912. According to property tax records, HWF bought the property for $375,000 in 2019 from the Walter M. Bullard Jr. Trust.  “As an organization ...

Aug 8, 2024

Corcoran HM Properties, an affiliate of New York City-based Corcoran Group LLC, has acquired a local residential real estate firm. Corcoran officials announced their acquisition of Wilmington-based agency The Property Shop International Realty in a news release Thursday. Valerie Mitchener, broker and owner of Corcoran HM Properties, stated in the release, & ...

Jul 26, 2024

A Virginia-based real estate firm recently announced the acquisition of Seaboard at Sidbury Station in Castle Hayne. Capital Square, a company that sponsors tax-advantaged real estate investments and develops and manages multifamily communities, acquired the rental housing community in a $39.3 million deal on behalf of CS1031 Sidbury Station BFR Housing DST, according t ...

Jul 26, 2024

Brunswick County’s real estate market showed some ups and downs in June, according to a report by the Brunswick County Association of Realtors. The county's inventory of homes for sale increased, while prices and total sales volume both dropped compared to June 2023, the report stated. The number of homes sold in June, 551, was nearly identical to last year ...

Jul 19, 2024

KBT Realty Group, a Keller Williams Innovate team, has been selected as the exclusive seller's agent for JD Signature Homes' new home developments in Wilmington, according to a news release. "This collaboration marks a significant milestone for both companies," the release stated. JD Signature Homes has multiple residential development projects unde ...

Jul 12, 2024

Funding Available For Workforce, Affordable Housing Projects

By Staff Reports, posted Jul 12, 2024

New Hanover County offcials are looking for developers and agencies to vie for funds set aside for workforce and affordable housing. For-profit and nonprofit entities can submit proposals for the money through 5 p.m. Aug. 5. The Workforce Housing Services Program has $3 million allocated for this funding cycle, according to a news release.   "This m ...

Jul 9, 2024

Developers Pay $8M For Surf City Property

By Staff Reports, posted Jul 9, 2024

Developers recently paid $8 million for a 7-acre residential development site on Topsail Island, brokers said Tuesday. The Surf City property includes multiple tracts on N. New River and N. Topsail drives, stretching from the ocean to the sound, according to a news release from Wilmington-based real estate firm Cape Fear Commercial. A few of the tracts pr ...

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In The Current Issue

Road Warrior: DOT Engineer Signs Off

Chad Kimes has overseen major highway projects and smaller roadway improvements in Wilmington and its surrounding areas for the past 33 year...


City Officials Work On What’s Next For Skyline Center

“We really did our best to hit the ground running from that very first month of July, and things progressed methodically from there."...


Making A Risky Business Less Risky

Since its launch almost two years ago, the company has worked to develop predictive models that lenders can use to gauge a borrower’s risk m...

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