Real Estate - Residential

Jun 15, 2018

After Park Announcement, What's Next For Echo Farms?

By Cece Nunn, posted Jun 15, 2018

Now that the pending sale of recreational facilities and green space at Echo Farms by the city of Wilmington and New Hanover County has been announced, signs of new residential development in the neighborhood off Carolina Beach Road could begin before the end of this year. The Woodlands at Echo Farms is expected to add single-family homes, townhomes and apartments to th ...

Jun 11, 2018

Luxury Home Sales Decline In May

By Johanna Cano, posted Jun 11, 2018

The luxury home market in New Hanover County decreased a little in May, where the total sales volume fell by $5 million compared to the same month last year.  “In 2017, a total of 14 luxury homes sold in the county for a combined price of $22.3 million. This May, only 10 homes sold for a combined $17.3 million,” said the report collected from the N.C Re ...

Jun 1, 2018

Custom Homes Contain Local Touches

By Cece Nunn, posted Jun 1, 2018

A coastal lifestyle and custom homes go together like sand and surf.   And in the Wilmington area, numerous companies manufacture custom home elements locally.   One example is Hollingsworth Cabinetry on Castle Hayne Road, a company started by Hudson Hollingworth’s parents 25 years ago.   The firm, which started out as a bed frame manufacturer, n ...

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Facebook Ads: What’s Changing

Posted May 24, 2018
In the wake of the recent Facebook data privacy scandal, the company is changing the way its popular Custom Audiences feature works.
 
If you’re a marketer who uses Custom Audiences to target specific populations, read on to find out what’s changing ...read entire article
May 30, 2018

Economic Growth Stabilizing, Housing Demand Continues To Rise

By Christina Haley O'Neal, posted May 30, 2018

Economic growth is stabilizing, unemployment rates are low, and the tri-county region is continuing to see a demand for homes as the Wilmington area home market paces faster than the nation. Affordable housing, however, still remains a big topic. That's according to the latest Cape Fear Area Housing Economic Climate Report, a collaborative effort between the Cape Fe ...

May 30, 2018

In Surf City, Land For Major Development Changes Hands

By Cece Nunn, posted May 30, 2018

An Alabama-based group has purchased 195 acres in Surf City that could one day hold thousands of homes. Trez Forman Capital Group, a lender, announced Wednesday that Trez Forman recently closed on a $2.5 million loan for the site at the intersection of J.H. Batts Road and Roland Avenue in Surf City. The property has been approved as a Planned Unit Development (PUD) with ...

May 25, 2018

This year’s annual Cape Fear Area Economic & Housing Report will be released Wednesday, as part of a collaborative effort by Cape Fear Realtors and the Wilmington-Cape Fear Home Builders Association. The information will be shared at 10 a.m. Wednesday at The Terraces on Sir Tyler, according to a news release.  "The report will prese ...

May 23, 2018

Shane Johnson, chief operating officer of Cape Fear Realtors, is leaving for a position in Texas, officials said Wednesday. Johnson has been hired as the new CEO for the San Antonio Board of Realtors (SABOR) in San Antonio, according to a news release. Johnson was first hired as the governmental affairs director for CFR at the end of 2013. “Wilmington has ...

May 18, 2018

As the community prepares to celebrate the opening of amenities at Del Webb Wilmington in RiverLights, more changes are on the way for the 1,400-acre mixed-use development on River Road in Wilmington. Those changes include starting construction on a second mixed-use building in Marina Village, the RiverLights commercial section along the Cape Fear River. The current mix ...

May 16, 2018

Home Sales Heat Up

By Cece Nunn, posted May 16, 2018

Local home sales remained on an upward trajectory in April, with a 16 percent increase from last April in the number of single-family homes sold in the region, according to Cape Fear Realtors data. Realtor Harold Chappell, broker/owner of The Harold Chappell Team of NextHome Cape Fear, said rising mortgage rates might be part of the reason for the rising numbers.  ...

May 11, 2018

The luxury home market in New Hanover County had its best April in more than a dozen years, according to a recent report. "A total of 10 homes valued at $1 million or more sold in the past month for a combined value of $15,159,000," said a report compiled from the N.C. Regional Multiple Listing Service by Kathleen Baylies, broker in charge at Wilmington-based ...

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In The Current Issue

Mirimichi Looks To Changing Landscape

Russ Britton started his sustainable landscape products company with a star-studded partnership and plans to continue to grow Mirimichi Gree...


Construction Zone: Updates On 4 Commercial Projects

Current commercial building activity in Wilmington includes retail and office space, with more planned in the coming years throughout the ar...


Banks Respond To Dodd-Frank Changes

Just how will the much-trumpeted recent changes to the 2010 Dodd-Frank Wall Street Reform and Consumer Protection Act affect local financial...

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