Real Estate - Residential

Oct 19, 2020

Apartments and townhomes are coming to a new development within Echo Farms called Riverwood. GHK Cape Fear Development, which also developed townhome community Woodlands Landing at Echo Farms, plans to put 86 townhomes and 120 garden-style apartment units on 17 acres at 4080 Independence Blvd. "Townhomes for rent is a unique offering that is rarely done. Most de ...

Oct 16, 2020

Riverlights Marks A Milestone

By Cece Nunn, posted Oct 16, 2020

Carol and Mike Kirsche moved to Riverlights nearly four years ago, becoming the first residents to occupy a home in the 1,400-acre master planned communi­ty on River Road in Wilmington.   “We wanted to be near a small city with character and charm, with­in close proximity to a full comple­ment of medical facilities, shopping, diverse dining options ...

Oct 14, 2020

Brunswick Co. Sees 84% Jump In Home Sales Volume

By Cece Nunn, posted Oct 14, 2020

The sales keep coming. Brunswick County's residential real estate market by itself remained on the upswing in September, with sharp increases in units sold, average sale price and sales volume compared to last year, according to a news release from the Brunswick County Association of Realtors. The market remains ahead of last year’s record pace, the re ...

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Five Money Myths To Ignore

Posted Oct 15, 2020
When it comes to personal finance, what works for one person doesn’t necessarily work for another. That’s why money misconceptions can be so dangerous. Here are four common money myths you may have heard – and perhaps even believe – that need to be put to rest.
 
Myth #1: All Debt is Bad
 
Reality: Few ...read entire article
Oct 9, 2020

Developer Breaks Ground On Two Apartment Projects

By Cece Nunn, posted Oct 9, 2020

Crews for Wilmington firm Real Properties LLC broke ground recently on two apartment projects. The Varsity, at 724 S. Kerr Ave. in Wilmington, will offer 24 one- and two-bedroom apartments and 5,500 square feet of commercial space. Construction is expected to be complete within a year, said Matt Scharf of Real Properties. The apartment complex is adjacent to an event ...

Oct 8, 2020

The Cape Fear region's housing market was still thriving in September, according to the latest report from Cape Fear Realtors. Still, challenges remain. “The housing market has continued to see strong growth, but the lack of inventory has been problematic,” said CFR President Tony Harrington in a news release Thursday. “Policymakers will need to ...

Oct 6, 2020

Luxury Home Sale Shatters All-time Record

By Cece Nunn, posted Oct 6, 2020

Not long after a 2005 sale price for a luxury home in the area was topped, another, higher-priced home sold in New Hanover County. The sale of 142 Beach Road South on Figure Eight Island for $5.5 million represents the highest sale ever recorded in the N.C. Regional Multiple Listing Service (MLS), brokers said Tuesday.  The seller was a Gorham family trust, ...

Oct 2, 2020

Habitat Eyes Condo Opportunity

By Jenny Callison, posted Oct 2, 2020

Cape Fear Habitat for Humanity is trying on a new business model for size. “A lot of people interested in becoming Habitat for Humanity homeowners know what we generally do: build single-family homes on a decent lot,” Steve Spain, the local organization’s executive director, said recently. The problem is that New Hanover County is short on affordabl ...

Sep 30, 2020

One of the biggest construction projects downtown Wilmington has ever seen is nearing completion, a developer said Wednesday. Roger Perry, president and founder of East West Partners, provided updates on River Place during the WilmingtonBiz Conference & Expo, which continues Thursday. The 13-story mixed-use development is a partnership between the city of Wilming ...

Sep 18, 2020

Lumber Prices Through The Roof

By Cece Nunn, posted Sep 18, 2020

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 ...

Sep 18, 2020

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 ...

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