This blog is written by local Wilmington NC real estate agents and realtors about real estate, homes for sale, foreclosures, short sales, and local events here in Wilmington NC, Wrightsville Beach, Carolina Beach, and Kure Beach.  We make it a priority to keep you informed on the latest real estate deals, communities, and important events that may effect you if you currently live in Wilmington or plan to purchase a home here in the near future. 

If we run across a good restaurant, see a good show, hear of any concerts, art shows, river walk events, etc.. this is where we will let you know.  We will also update you on any helpful website pages we add to the site.  We are always looking for new ways to connect to our clients and feel like our blog is a great tool to keep you informed!

We hope you enjoy it and please let us know if we can assist you with any properties you see on the website!

Thank you for reading this and happy house hunting,

Coastal Carolina Properties
910-262-1002

Sept. 27, 2016

River Lights Subdivision

River Lights community in Wilmington NC is the newest master planned community with residential and commercial mixed use in the area.  Real estate will start in the 200k's and will include a mix of single family homes as well as townhomes.  There will be upscale shopping, restaurants and entertainment as well as nice marina on the cape fear river.  For a list of homes for sale in River Lights please visit - River Lights Wilmington NC

Feb. 10, 2014

Wilmington Real Estate Sales 2013 - HOT

Great news for our new President of WRAR, Jody Waino, with her overview of sales in our area over the past year:

When analyzing ten major zip codes in our region – 28403, 28405, 28409, 28411, 28412, 28451, 28480, 28428, 28449, and 28443 – an average of the zip codes for year-end 2013 shows that:

  • Our average sales price has increased by 4.2% from year-end 2012.
  • Of the 4,643 sellers in 2013, 26.77% paid some sort of concession toward the purchase of the house.
  • Our list to sales price ratio for year-end is 96.41%, an increase from 95.26% for year-end 2012.
  • The average list price of the sold properties is $265,687 and is up 2.9% from year-end 2012.
  • The average number of days a property remained on the market for the year was 121 days, compared to 145 days for year-end 2012.
  • The median sold price of $205,000 for year-end has increased 5.1% from year-end 2012.

She provided an overview of each zip code, but I am including only 28405 in this blog as it received the most "best of" from the list of codes.  This area includes Landfall, Mayfaire, Parkside at MayfaireSnug Harbor, Tanbridge Park, and many more.  

Year-End 28405

  • The average selling price of $293,443 has increased 15.0% from year-end 2012 average selling price of $255,129. The best of all zip codes.
  • 23% of sellers in 2013 paid a concession compared to 28% for year-end 2012.
  • The average list price of $307,332 for 2013 has increased 13.0% from year-end 2012 average list price of $271,880. The best of all zip codes.
  • The average number of days a property remained on the market for 2013 was 141 days compared to 150 days for year-end 2012.
  • The median sold price of $185,000 for 2013 has increased 8.5% from year-end 2012.
  • Sold homes in 2013 received 95.48% of the asking price, an increase from 93.84% for year-end 2012.

I live in this area and will be happy to assist if you have any real estate or lifestyle questions. 

Email, text, or call me at your convenience.  910. 465.9135

Maya

maya@coastalcarolinaproperties.com

 

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By Maya Schultz

Feb. 4, 2014

Homeowner Flood Insurance Affordability Act of 2014 - UPDATE

As real estate brokers on the coast of North Carolina, we are acutely aware of the importance of protecting both the beaches and homeowners living on or near the beach. Owners realize the inherent risks associated with living near the water and have paid for insurance accordingly. However, the passage of the Biggert-Waters Flood Insurance Reform Act in 2012 calls for huge insurance premium hikes in response to minimizing some of FEMA’s debt.

Realizing that Biggert-Waters has several major flaws and is a short-sighted response to the debt issue, the Senate voted 67-32 on January 30 for the Homeowner Flood Insurance Affordability Act of 2014 that will delay implementation of the Reform Act until 2017.

The Senate bill addresses 2 key issues:

Ø Allows Federal Emergency Management Agency (FEMA) time to complete its affordability study and refines its flood maps.

Ø Allows for “grandfathering” of current premiums for homeowners affected by a remapped flood zone.

Our advocate in the Senate, Kay Hagan, included an amendment in the bill to address the fact that borrowers with certain types of residential loans (e.g., loans to buy a property like a condo that is covered by previously-existing master policy or second mortgages), are forced to escrow flood insurance premiums more than once or have to submit proof to a lender regarding existing coverage (as required by Biggert-Waters).

As it stands, rate hikes have been delayed until the end of 2014 with the passing of the Act in the Senate.

But, without the House of Representatives’ approval, it is unclear how the issue will be resolved in the short and long-run.

We’ll keep you up-to-date on this issue and all things related to real estate in the Wilmington/Wrightsville Beach area. .

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By Maya Schultz

Dec. 11, 2013

Tour My Town - Snug Harbour at Covil Farms Wilmington NC!

Covil Farms Snug Harbour is a quaint neighborhood "snuggled" into a private corner in a very desirable area of Wilmington.  Adjacent to the gated community called Landfall and very near the shopping mecca of Mayfaire Town Center, Snug Harbour manages to be quiet and homey while conveniently located to everything from shopping to the beach. 

The neighborhood has plentiful trees and landscaping making it feel lush and established, and most homes were built in the mid 1990s with a lot brick curb appeal.  Properties contain generous lots and home sizes range from 2,200-3,200 square feet.  Prices generally begin in the $300,000s, but it is not often that homes here are listed for sale so keep your eyes on this gem of a neighborhood. 

A home owners' association manages the landscaping, clubhouse, pool and tennis so there are many opportunities to socialize and get healthy.  Additionally, there are bike trails from the area to Mayfaire and on to Wrightsville Beach.

Take a look at the video below to see if you are interested to learn more about the homes or Wilmington and real estate in general, and we will be happy to assist. 

Maya

910.465.9135

 

 

 

 

Search All Snug Harbour Homes

 

 

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By Maya Schultz

Nov. 26, 2013

Tour My Town - Eastwood Village

Eastwood Village is a heavily-wooded, cozy neighborhood of patio homes located in an incredibly convenient spot near Mayfaire Town Center, Wrightsville Beach, the airport, and historic downtown Wilmington, NC. 

The friendly community has neighborhood events all year round at its clubhouse where residents and guests may also enjoy a refreshing pool and tennis courts. Many walking trails weave throughout the property further promoting a healthy lifestyle.

Please call me for further information about properties in Eastwood Village or anywhere in the Wilmington/Wrightsville Beach area.

Maya Schultz, Broker
BlueCoast Realty
910-465-9135

CoastalCarolinaProperties.com

 

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By Maya Schultz

Nov. 21, 2013

Wrightsville Beach 30th Anniversary Flotilla

Wrightsville Beach 30th Anniversary Flotilla

Lights on the water in a parade of beautiful boats, balmy breezes (I hope), seafood and cocktails...Join us the weekend of November 29 and 30 to celebrate the 30th year of the flotilla. 

The flotilla information and video are courtesy of North Carolina Holiday Flotilla At Wrightsville Beach site:

Flotilla Schedule

29 November
5:45 PM
Captains Meeting at the Blockade Runner
6:30 PM
Atlantic Marine Holiday Flotilla Launch Party
7:00 PM
30 November
 
Festival in the Park
10 AM - 4 PM
Boat Parade
6 PM
Fireworks will immediately follow the Boat Parade

 

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By Maya Schultz

Nov. 20, 2013

Hot Deals for Cold Weather - Beach Foreclosures

Wilmington NC Beach Foreclosures!

Now that there is no denying that cold weather and the holidays are upon us, it is an ideal time to consider purchasing a home at the beach.  Imagine sitting in front of a fire sipping hot beverages with friends and family while enjoying the smell and sounds of the ocean after spending the day boating, fishing and enjoying the beach. That is how we live all the time here.  Beach homes are an idyllic place to create family memories and a great source of income as short/long term rentals as well.

Although the market appeared to shift towards sellers over the Summer months (due to limited inventory and low rates), it is moving in favor of buyers again as it normally does in the off months.  As the market slows down until Spring, sellers who continue to market their properties are more apt to negotiate and exhibit motivation to reach a deal.

Check out the latest beach foreclosures here at CoastalCarolinaProperties.com: beach foreclosures

As always, if you need videos, photos, maps, floor plans, general information about neighborhoods or anything else, please contact me and I will be happy to assist.

Maya

 

Maya Schultz

Broker (#256733)

Maya@coastalcarolinaproperties.com

910.465.9135

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By Maya Schultz

Nov. 19, 2013

Tour My Town - Parkside at Mayfaire

Tour My Town - Parkside at Mayfaire in Wilmington NC


Parkside at Mayfaire is nestled behind Mayfaire Town Center in a private and cozy wooded setting. The neighborhood is small and inviting, mixing a nostalgic coastal feel with functionality. The homes open to spacious front porches, wide sidewalks abound to a public garden and fountain, ponds and playgrounds, and garages are accessed via alley ways.

Enjoy a short walk or bike ride to Mayfaire Town Center to see a movie, enjoy a coffee al fresco, shop, or just go for a stroll around the quaint shopping area.

There is so much more to Parkside and the Wilmington area so please give me a call to learn more about real estate here.

 



Maya Schultz,Broker
BlueCoast Realty
910-465-9135


Visit our main page for all Wilmington NC Homes for sale today!

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By Maya Schultz

Nov. 15, 2013

Wilmington Ranks #14 for New Homes!

Wilmington NC Ranks #14 for New Homes

Builder magazine rated the Wilmington NC real estate market #14 on its list to watch in 2014 for growing new home sales (14 out of 100 regions in the U.S.).  The magazine, based in Washington D.C., monitors and tracks building trends across the country based on a region's expected growth and overall economic health. 

Raleigh-Cary ranked highest in the state of North Carolina, tying with metro Denver as #12, with an outlook score of 85.8, according to the ranking. Durham-Chapel Hill was ranked No. 21 with an outlook score of 83.

Wilmington continues to rank well on various lists of "places to watch" based on the steady value of real estate here and the strength of the local economy.  With the great weather and endless outdoor amenities available, Wilmington provides a relaxed coastal environment that is receiving a lot of national attention!

Speaking of Wilmington, new homes and deals...Stevens Fine Homes continues to offer unbelievable value for families and retirees alike.  Check out their inventory--5 bedrooms, 4 baths, over 4,000 square feet of energy efficient living space, community pool, low HOA for only $77 square foot??!

View Wilmington NC New Homes For Sale

If you'd like to learn more about new construction in the Wilmington area or have questions about real estate, please call, text or email me for assistance. 

 

Maya Schultz

Broker (#256733)

BlueCoast Realty

CoastalCarolinaProperties.com

910-465-9135

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By Maya Schultz

Oct. 30, 2013

Tour My Town - Autumn Hall

Autumn Hall is an unique, multidimensional community that includes upscale residential properties, luxury retirement options, onsite medical facilities, a short distance to Wrightsville Beach, beautiful pool area, walking trails, ponds, and so much more.

The creators of the planned, 236-acres development wanted to evoke the feeling of a neighborhood from earlier, more relaxed times by using heritage homes and village shops to create the cozy community that defines Autumn Hall.

Please contact us to learn more about this neighborhood or real estate in the Wilmington, North Carolina area.  

Maya Schultz, Broker
BlueCoast Realty

maya@coastalcarolinaproperties.com


CoastalCarolinaProperties.com

  


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By Maya Schultz