Real Estate - Residential

Jun 24, 2019

Just going by the numbers, it's not going to get any cheaper to rent a place to live in Wilmington any time soon; it's going to cost you more with each passing month. Rents have been continuously rising month after month in Wilmington, according to those who track rental trends. That group includes Brian Eckel, with Cape Fear Commercial and GHK Cape Fear Deve ...

Jun 24, 2019

While home sales were down slightly in Brunswick County last month, the average price continued on an upward path, according to statistics released Monday by the Brunswick County Association of Realtors (BCAR). The numbers for May 2019 are similar to last year, and total sales volume was up compared to April, the release stated.   “Brunswick County&rsq ...

Jun 21, 2019

Selling Iconic Property On Iconic Island

By Cece Nunn, posted Jun 21, 2019

More than 30 years later, Buzzy Northen and his wife, Ellen Northen, are still in love with Figure Eight Island.   “It’s just heaven,” Buzzy Northen said as he sat in the Figure Eight Island Yacht Club’s dining room at lunchtime in June.   The Northens purchased a lot on the nearly 5-mile private island in 1986. Figure Eight, a thin, p ...

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Analyzing the Wrongful Death Lawsuit Against Tiger Woods, His Bar, and His Girlfriend: A Lawyer’s Perspective

Posted Jun 7, 2019
Just when things seemed to be on the upswing for famous golfer Tiger Woods, he was recently sued in a wrongful death lawsuit. Also named as Defendants are the bar he owns in Florida (The Woods), and his girlfriend, Erica Herman, the bar’s general manager.  
 
According to the lawsuit, Nicholas Immesberger was a bartender at The Woods. His parents allege that he drank ...read entire article
Jun 17, 2019

Luxury Home Sales Reach Record Height In May

By Cece Nunn, posted Jun 17, 2019

The luxury real estate market in the Wilmington area set records last month, according to a recent report. It was the best May ever recorded in terms of home sales, with 14 dwellings priced at $1 million or more sold in New Hanover County for a combined value of $26.5 million, according to the report, presented by Doug Wahl, marketing director at Wilmington-based Just F ...

Jun 14, 2019

There's The Pearl in downtown Wilmington and soon there could be The Mini Pearl. Dave Spetrino, of PBC Design + Build, and his team have recently been working to put the finishing touches on The Pearl apartment building at 724 S. Fifth Ave. Construction there is down to the punch-list details, and residents are moving in next week. The Pearl has 38 one-bedro ...

Jun 11, 2019

Coldwell Banker Sea Coast Advantage marked the opening recently of its new office in the rapidly growing Pender County community of Hampstead. The firm, founded in 1988, has had an office in Hampstead for 12 years, said Tim Milam, president of Coldwell Banker Sea Coast Advantage. But the building at 14889 U.S. 17 is brand new, having replaced three old structu ...

May 31, 2019

A high-dollar home sale on Figure Eight Island this month represents the region's most expensive luxury residential sale of the year so far, Realtors said Friday. The home at 49 Pipers Neck Road on the private island in New Hanover County sold for $4.8 million to Louise F. Brady and her husband, James E. Brady, of Greensboro, according to the deed dated May 21. The ...

May 30, 2019

Evolve Companies, a Greensboro-based student and conventional housing development firm, has submitted plans to the city of Wilmington for technical review for Oleander Commons, a 223-unit apartment complex on a site that includes the long-vacant former Carmike Cinema. As described in previous submittals, the site plans show four-story buildings expected to include 86 on ...

May 23, 2019

With a new salon-boutique opening in the South Front District in Wilmington and more businesses slated to open soon, the revamped former industrial location is closer to fully leasing its commercial spaces. Beauty and Bloom, a new beauty salon and floral boutique, opened its doors this week at the Container Building, an 8-unit commercial structure at 1540 South Second S ...

May 23, 2019

A proposed 324-unit apartment complex is on the New Hanover County Planning Board agenda for its June 6 meeting. Item 1 on the docket is a rezoning and special use permit request from Cameron Management on behalf of the property owner, Drypond Partners LLC. Cameron Management is in charge of the project, according to Hill Rogers, broker in charge of Cameron Management. ...

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