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Real Estate

Laney Real Estate purchases Burroughs & Chapin

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Laney Real Estate has purchased Borroughs & Chapin Realty, Inc’s North Carolina Prudential real estate offices and assumed management of them on February 24, 2009. Full story...
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Risk and reward when buying foreclosed houses

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Real estate broker Bob McCorkle said if you’re willing to take on the clean-up, the best deals can be found at courthouse foreclosure auctions. However, before you buy, make sure you know what you could be getting yourself into as foreclosed homes can have serious problems. At the auctions you buy the property as is. Full story...
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Some optimism in the local real estate market

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videoIt was a self-proclaimed power breakfast, packed with hundreds of area power brokers; all looking for answers about the economy, specifically the real estate market in our area. Full story...
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Home foreclosure tour a success

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Over the weekend 65 financially qualified buyers met with local realtors to tour 13 foreclosed home in Carolina Beach. Full story...
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Beachfront insurance going up

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videoThe North Carolina coast is a hurricane prone area. That means the right homeowner's insurance is important to have. Full story...
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Proposal to change setback requirements

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New proposals would change the setback requirements from a standard figure to one based on the size of the structure. Full story...
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New incentives for first-time home-buyers

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videoTo encourage first-time buyers, Congress is proposing a temporary home-buyer tax credit. Full story...
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Wilmington home sales down 41 percent

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videoNew numbers underscore a continuing slowdown in the local real estate market. We talk a lot about how tough it is for homeowners to sell their homes. But that means it's also tough on real estate agents. Full story...
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Opinions mixed on local housing market conditions

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If you ask 10 people you'll get 10 different opinions. That seems to be the case with Wilmington's real estate market. Between conflicting media reports and convoluted numbers, it's hard to determine just how well our housing market is doing. Full story...
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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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