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Real Estate

Foreclosure rates in Wilmington on the rise

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A new housing report out today indicates foreclosure rates in the Wilmington area are on the rise. These figures, coming from CoreLogic, show foreclosure rates in December 2011 at just over 2 3/4% Full story...
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Jordan's 9-bedroom home with full basketball court for sale for $29M

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Michael Jordan's longtime personal residence in suburban Chicago is for sale for $29 million. That includes nine bedrooms, 15 baths and five fireplaces. There's also a three-bedroom guesthouse, pool area, outdoor tennis court and three climate-controlled multi-car garages. Full story...
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First house listed at more than $3 million sold since 2010

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Intracoastal Realty reached a significant sales milestone this month, with the $3.15 million sale of 14 Southridge Road on Wrightsville Beach, NC. This is the first sale over $3 million in Brunswick, New Hanover, and Pender counties since October 2010 and the first $3 million-plus sale on Wrightsville Beach since September 2009, according to local MLS data. Full story...
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Investors stepping in to revive neighorhoods left for dead after market bust

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video Tidalwalk is a neighborhood on the Intracoastal Waterway in the southern end of New Hanover County. When the housing market crashed, its developer went bankrupt. So Tidalwak sat mostly empty. But now, there's a flurry of activity here again. Full story...
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Wilmington home prices inching upwards

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Homes across Wilmington continue to gain value according to new data released today by CoreLogic. Full story...
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