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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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Local Coldwell Banker merging with Raleigh and Fayetteville offices

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The merger of Coldwell Banker Sea Coast Realty of Wilmington and Coldwell Banker Advantage of Raleigh and Fayetteville creates a regional powerhouse with a sales team of more than 600 agents and 26 sales offices in Raleigh, Wilmington, Fayetteville, Jacksonville and other Eastern North Carolina markets. Full story...
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Home prices in Wilmington increase

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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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Study predict Wilmington housing price rise, local expert says not so fast

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As the real estate market across the nation continues to falter, Wilmington's prices might be an exception. A national study by Fiserv, a financial analysis company, indicates the Wilmington area will see a small price increase in the next two years. Full story...
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New squatting strategy targets vacant NC property

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A new strategy by squatters in vacant homes is popping up in North Carolina's largest city. Full story...
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Experts say local economy recovering, but slowly

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video 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...
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Experts cautious despite big jump in area home sales

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video 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...
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Ex-Duke stars Laettner, Davis face possible jail time

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

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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...
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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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