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Real Estate

FIRST ON 3: Twenty percent of Wilmington homeowners "upside down" on their mortgage

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In Wilmington, 20.40 percent, or 14,608, of all residential properties with a mortgage were in negative equity for first quarter 2011. An additional 6.30 percent, or 4,519, were in near negative equity. Full story...
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FIRST ON 3: Foreclosure rates in Wilmington increase

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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 up in March 2011 over two and a quarter percent. Full story...
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1st quarter housing stats indicate local market and economy are improving

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The local housing market continues to show signs that our economy is improving; new home construction rose 7.2% in March, an upswing in housing inventory for sale, pending sales are rising, job market is improving and 30 year fixed mortgage rates remain in the upper range of 4.75%. Full story...
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Race is on to sell Wrightsville Beach home via social media

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The race began this morning to sell a Wrightsville Beach luxury home through a viral social media marketing campaign - reports the Greater Wilmington Business Journal. Full story...
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Coastal NC home sales perk up

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Wilmington area home sales – those in New Hanover, Pender and northern Brunswick counties, totaled 4,540 in 2010 compared to 4,361 in 2009 - reports the Triangle Business Journal. Full story...
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