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What's Happening in Wilmington NC and its Beaches....

11-06-09
Kathy Knight, BROKER/REALTOR, ABR, CRS, GRI
Kathy Knight, BROKER/REALTOR, ABR, CRS, GRI : Real Estate Agent in Wilmington, NC
  • view my blog
  • Office: (910) 471-4956
  • Mobile: (910) 471-4956


Lots happening here in Wilmington and its Beaches weekend...

Beach to Battleship Triathalon - all day Saturday - will cut off traffic starts at Wrightsville Beach and then heads downtown to Battleship. They expect city traffic to be backed up all day. Watch out for runners and bikers.

11th Annual Festival Latino will take place Saturday at Hugh McRae Park from 11-8. Food, fun and entertainment. Sports Resale at Legion Stadium - all day 9-8pm. $1.00 to attend.

WineTasting at the Cape Fear Museum Benefit - $ 65.00. See www.capefearmuseum.org.

Soup for the Troops will take place at Mayfaire Town Center from 11 - 3 pm. $2.00 to attend.

Kite Festival at Wrightsville Beach all day Saturday and Sunday. Great event - huge kites of all kinds of things....

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Home Buyer Tax Credit Expansion Approval Expected

11-05-09
Chris Baynes
Chris Baynes: Real Estate Agent in Wilmington, NC
  • view my blog
  • Office: (910) 202-2596
  • Mobile: (910) 470-4408

By The Chris Baynes Team

Although some details are yet to be worked out, key senators reached an agreement to extend and expand the tax credit available to those purchasing a home for 7 months. Not only does the plan extend the current credit to first time home buyers, it will also be available to those "move up" buyers that have owned thier current home for at least 5 years. The amount of credit for existing homeowners will be up to $6500.00.

Income limitations will rise with both credits to $125,000 for individuals and $225,000 for couples. Contracts will have to be signed by April 30, 2010 and closed by June 30, 2010.

This extension is expected to help new and existing home sales as well as to soak up some of the foreclosures which have been diluting home values.

Final revisions should be completed by next week and it should see a fairly smooth completion and enactment could come as early as next week.

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13 Single Family Homes in the Wilmington, NC area have just been Sold.

10-26-09
Joe Pascal
Joe Pascal: Real Estate Brokerage in Wilmington, NC
  • view my blog
  • Office: (910) 313-0027
  • Mobile: (910) 297-5139
  • Secondary: (910) 352-8130

Attention Buyers, don't miss out on great opportunities to Purchase your next home. 13 Single Family Homes in the Wilmington, NC area have just been Sold. wrar.rapmls.com

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The Week in Review Wilmington NC Oct 18, 2009

10-18-09
Tina Abraham Broker, SRS, Realtor Wilmington North Carolina Real Estate
Tina Abraham Broker, SRS, Realtor Wilmington North Carolina Real Estate: Real Estate Agent in Wilmington, NC
  • view my blog
  • Office: (910) 202-3604
  • Mobile: (910) 619-8931
  • Secondary: (910) 619-8931

The Week in Review

....your Wilmington Connection

October 18, 2009

Well i do believe winter has arrived. It feels like we missed the fall. But we may still get a few weeks. I hope you all had a wonderful weekend. Perhaps buying pumpkins or putting up some scary decorations. Halloween is around the corner.

Wilmington Real Estate

Yes, you guessed right! Homes are still moving at the magic price of $250,000 and under. Thanks to the Obama tax credit for first time home buyers. Due to finish up on November 30th. If you are looking to buy or you know someone who is email me and lets get started. NO TIME TO WASTE! Currently in the Wilmington area there are 2309 single family homes on the market, and only 976 of those are priced under $250,000. With a whopping 390 homes under contract and 255 of those are guess....thats right priced at $250,000 and under. In the last 3 months there have been 484 homes sold and 318 of them were priced in the magic spot. Homes are still moving. Homes that are priced right that is.

First Time Home Buyer Tax Credit Extended...but only for some.

The House of Representatives recently voted 416 - 0 to extend through 2010 the benefits of the first-time homebuyer tax credit to military, intelligence and diplomatic personnel. To be eligible, purchasers in these categories must have been outside the US on active duty for at least 90 days in 2009. The measure (H.R. 3590) now goes to the Senate.
Source: The National Association of REALTORS®

CNN Money loves Wilmington NC

CNN Money placed Wilmington NC number 14 for the best places to launch a small business. Growing economies, affordable workers, stable housing markets, low crime -- these metro areas have all the features entrepreneurs need to thrive.

....until next week in The Week in Review.

Tina
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NEWSFLASH!!! NEW AQUARIUM and Pier to be Built in Carolina Beach .....

10-14-09
Kathy Knight, BROKER/REALTOR, ABR, CRS, GRI
Kathy Knight, BROKER/REALTOR, ABR, CRS, GRI : Real Estate Agent in Wilmington, NC
  • view my blog
  • Office: (910) 471-4956
  • Mobile: (910) 471-4956




NEWSFLASH!! NEWSFLASH!! The town of Carolina Beach last night at the council meeting passed a resolution to build a new pier and AQUARIUM. The aquarium would be a joint effort between the city of Carolina Beach and NC Aquarium. This is great news for the central business district of Carolina Beach and the neighboring properties - namely the Beach Harbour subdivision pictured above. These several parcels of land are currently vacant having been purchased as part of the now defunct Arcadius project. This will certainly be a shot in the arm for the local economy that will need to build it and support but benefit from increased area traffic and business. By the way I have a condo for sale in the above building for $ 159,900. What a great buy and who can beat that location... Posted by WELCOMEtotheBEACH- BEACHES

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