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Real Estate

Brunswick County home prices drop 29 percent

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If you're looking for a deal on home you might consider Brunswick County. Full story...
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Sub-prime mortgage crisis likely to worsen

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videoThere is disturbing news about the sub-prime mortgage crisis. The Wall Street Journal reported this weekend that the mortgage meltdown will likely get much worse before it gets better. Full story...
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Troubleshooters: House requires complete structural renovation

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videoFor a lot of people living in a historic home is a dream come true. Brian and Lila Moeller recently moved here from Maryland, they found their dream home in downtown Wilmington. But the house they bought is not exactly what they thought they were getting. Full story...
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Pender County discusses land transfer tax

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People in Pender County were talking taxes Thursday night. The first of several meetings concerning the proposed new land transfer tax was held Thursday night. Full story...
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Number of businesses leave downtown Wilmington

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videoWhen you're in downtown Wilmington you may notice a number of vacant businesses with for-sale and for rent signs on them. Front Street has no shortage of empty spots but that doesn't appear to bother too many people. Kurt Trede and his brother may want to relocate their Carolina Beach restaurant to Front Street. Full story...
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Home inspection integral in buying process

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The real estate business hit a few milestones in August -- and not in a good way. Total US home sales fell to their lowest level in five years while the number of homes on the market rose to new heights. Full story...
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Local property foreclosures on the rise

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More and more local homeowners are falling behind on their mortgage payments. And that's led to a surge in the number of property foreclosures. It's no secret the real estate market has softened. But this is the first time in years that there's been an increase in the number of foreclosures in our area. Full story...
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Affordable Brunswick County housing discussed at community meeting

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Many people who work to protect and serve Brunswick County cannot afford to live there. That's according to a study done by the Association of Community Development Corporations. Friday the ACDC met with locals to see what can be done. Full story...
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Affordable housing lacking in our area

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videoA new report reveals a lack of affordable housing in our area. The report concluded that the lack of workforce housing had several negative impacts, particularly on teachers, police officers, and healthcare workers. Full story...
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South-eastern housing market performing better than nation-wide

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videoNation-wide, housing sales are the worst they've been in four and a half years. But the real estate market isn't suffering as much here in the southeast as it is in other parts of the country. That's according to Karen Davis, a mortgage loan officer at Sun Trust mortgage. Full story...
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Real Estate: It's a buyer's market

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A new government report says home sales are dropping across the country. If you're in the market to buy a home this summer, you may just be in luck as the housing market has become a buyers' market. Full story...
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Local real estate slowing down

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videoAnyone who's paid any attention to local real estate knows that the market here is slowing down. Home sales in April of this year were down three percent compared with April 2006. The hardest hit county in the state was Brunswick County with a nearly 50 percent downturn in home sales. Full story...
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Beach house owners not collecting occupancy taxes

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It's a good deal for vacationers, not for coastal governments. Full story...
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Local real estate market sees cool-down

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You've heard the saying patience is a virtue, especially when it comes to selling your home. National numbers point to a cool down in the number of days a home stays on the market. Local real estate agents say it's no different in our area. Full story...
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Land Transfer Tax Draws Criticism

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North Carolina homeowners could be hit with another tax. Several bills in the State Legislature would put a new real estate tax on your property when you sell it. And the idea is drawing plenty of criticism. Full story...
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