Real Estate

Good economic news for the region was announced today at the eighth annual Economic Outlook Conference at the University of North Carolina Wilmington, where faculty economists forecast that the Wilmington area will outperform the state and nation in economic growth in the coming year. Full story...

Home sale numbers in the Cape Fear are up more than ten percent in the last year. And while that may be good news, some realty experts say it's too early to celebrate. Full story...

Former Duke University basketball stars Christian Laettner and Brian Davis are scheduled to be in court facing possible jail time. Full story...

A new housing report out indicates foreclosure rates in the Wilmington area are on the rise. These figures, coming from CoreLogic, show foreclosure rates up in June 2011 - over two and a half percent. Full story...

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...

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...

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...

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...

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...

State legislators discussed a new Workforce Housing pilot program. The program will help low-income employees buy a home. Police officers, firefighters, teachers and nurses are some professions eligible for the pilot program. Full story...

It can be one of the most stressful ordeals someone can go through; selling a home. But imagine if someone moved into your house before you agreed to the sale. Dan and Karyn Bowman are still getting settled in to their new home in Leland. As for their old home in Wilmington, the family who bought it should be settled in after jumping the gun and moving into the home before they were allowed to. Full story...

A federal tax incentive to motivate people buy new homes ends in a few days. Full story...

Realtors, mortgage brokers, bankers, and other professionals gathered Thursday to discuss the future of the real estate market in the greater Wilmington area. Panelists addressed problems in the real estate market... Full story...

New numbers show things are starting to pick up in the Wilmington area housing market. The good news is sales rose from 373 homes in May to 412 in June. The average sale price and median price were also up slightly from May. Full story...

Despite a slumping economy, local realtors found a reason to celebrate Thursday night. With Flag Day coming up Sunday, the Wilmington Regional Association of Realtors decked out in red, white and blue for a bash aboard the Battleship North Carolina. Full story...