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Archive for October, 2013

Recent Activity in the Luxury Market

Tuesday, October 29th, 2013

House design process    In an article titled “Local, national luxury housing market gaining momentum” Stephanie Pfeffer stated that the luxury housing market is making a “serious comeback” from the housing lull of the Great Recession.   Click on the link below to read more of the article published in the Greater Wilmington Business Journal.   http://www.wilmingtonbiz.com/industry_news_details.php?id=5965

Distressed Housing Inventory Shrinks

Monday, October 21st, 2013

Settlement statement

J. Elias O’Neal has recently reported in the Greater Wilmington Journal that the distressed housing inventory in our area is shrinking.  “According to the WRAR Multiple Listing Service, there were 90 bank-owned foreclosed homes listed in August.  That’s down 23% from 116 foreclosed homes on MLS in August 2012.”  Click the link to read more….  http://www.wilmingtonbiz.com/industry_news_details.php?id=5954

“Slow Growth But Positive Signs Ahead, Say Experts”

Friday, October 11th, 2013

housingup

In a recent Greater Wilmington Business Journal article…. “William (Woody) Hall, economist at UNCW, forecasted a 2.5% rate of growth for the next year but with a number of conditions.”

To find out more Click on the link.  http://www.wilmingtonbiz.com/industry_news_details.php?id=5941

Do You Know How The Local Market Is Really Doing?

Monday, October 7th, 2013

Father and Son

Are you aware of how the local real estate market is really doing today compared to last year?  “Figures recently released by the WRAR showed an 18% hike in the number of homes sold in the greater Wilmington area in July, compared to July, 2012.”  To find out even more Click on this link.   http://www.wilmingtonbiz.com/industry_news_details.php?id=5765


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