Wilmington NC & Carolina Beach Real Estate by Coastwalk

Coastwalk Real Estate Blog

 

Feb. 3, 2012

Free Foreclosure Home Tours - Wilmington NC

If you want a great home in Wilmington, then might you consider a bank-owned home? Here is a list of foreclosure in Wilmington, NC and Wrihgtsville Beach foreclosures, click here to see pictures and prices!

Contact Coastwalk Real Estate for more info on area homes and land

910-458-9119

 

 

 

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Feb. 3, 2012

Wrightsville Beach NC Foreclosures

Here is a list of Wrightsville Beach foreclosures: http://www.coastwalkrealestate.com/search/results/?county=all&city=Wrightsville+Beach&neighborhood=all&type=res&type=con&foreclosure=True&list_price_min=all&list_price_max=all&area_min=all&beds_min=all&baths_min=all&land_area_acres_min=all&short_sale=all&lot_information=all&stories=all&garage_min=all&year_built_min=all&frontage=all If you want to see all foreclosures in Wilmington, click here: http://www.coastwalkrealestate.com/search/results/?county=New+Hanover&city=all&neighborhood=all&type=res&type=con&foreclosure=True&list_price_min=all&list_price_max=all&area_min=all&beds_min=all&baths_min=all&land_area_acres_min=all&short_sale=all&lot_information=all&stories=all&garage_min=all&year_built_min=all&frontage=all Contact Coastwalk Real Estate for more info on area homes in Wilmington and homes in Wrightsville Beach. We also can be reached by phone at 910-458-9119

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Feb. 3, 2012

Wilmington Wine & Chocolate Festival

Wilmington Wine & Chocolate Festival

When: February 3, 2012 to February 5, 2012

Location:

Coastline Conference & Events Center
501 Nutt Street
Wilmington, NC 28401
Website: www.nccoastalevents.com

 

Admission: $12.00 to $40.00

Description:

The Wilmington Wine & Chocolate Festival at the Coastline Convention Center in downtown Wilmington NC features three days of palatable fun. The Grand Tasting on Friday night includes participating regional vintners and chocolatiers offering their best for sampling and sale; heavy hor d'oeuvres provided by Lawler Catering; live music by The Brubakers, a contemporary jazz band from Charlotte; and a silent auction. On Saturday and Sunday enjoy a tasting tour of the best Carolina wineries, sample sweets from the area's best chocolate producers, plus experience demonstrations, informal talks, raffles and more. Live music Saturday at 3pm provided by local one-man-band El Jaye Johnson.

HOURS AND PRICING

Friday ($40): 7:30-10pm

Saturday ($12-$15): 11am-6pm

Sunday ($12-$15): Noon-6pm 


More Info:

Phone: (910) 512-9948
Email: wineandchocfest@gmail.com

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Feb. 3, 2012

Wilmington, NC - 32nd Annual North Carolina Jazz Festival

32nd Annual North Carolina Jazz Festival

When: February 2, 2012 to February 4, 2012

Location:

Hilton Wilmington Riverside
301 N. Water Street
Wilmington, NC 28401

   

Admission: $15.00 to $50.00

Description:

The 32nd Annual NC Jazz Festival at the Hilton Wilmington Riverside is one of the largest traditional jazz festivals in the Southeast and a STS Top 20 Event. The event opens Thursday evening featuring three hours of different styles of jazz. The following nights return to seven sets of traditional jazz with a different leader for each set. This all-star cast of musicians is world renowned and includes guitarist Bucky Pizzarelli, Dion Tucker on trombone, vocalist Nicki Parrott, and John Royen, a powerful pianist from New Orleans. PURCHASE TICKETS ONLINE.

More Info:

Phone: (910) 793-1111
Email: ncjazzfest@yahoo.com

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Jan. 29, 2012

What is a real estate team?

I hope you are having a great week. As our company continues to grow, we’re seeing a handful of Coastwalk agents catapulting themselves into “top producer” status.

 

It amazes me every day what our team is able to accomplish. The enthusiasm, dedication and work ethic of our team is astonishing – loving our job makes it easier to do this.

 

The standard definition of a team is “a group organized to work together.” For the Coastwalk Real Estate team, the standard definition of the term is just our starting point.

 

The mission of Coastwalk Real Estate is to be the most successful real estate firm in New Hanover County & the area beaches (Carolina, Kure and Wrightsville Beach).  We can only accomplish this by having our clients be the most successful as well.

The Coastwalk Real Estate team is a cohesive group of smart, creative and ambitious licensed REALTORS who are among the finest in New Hanover County’s hard-charging real estate market. We are renowned for our industry acumen, creative marketing, negotiation skills and superior customer service.

The team’s collective finger is on the pulse of the area’s real estate market, meaning the counsel we provide our clients – whether they are sellers, buyers or investors – is given in ‘real-time’ and not based on stale facts.

That means that our pricing recommendations, staging recommendations, marketing suggestions, advice on when to sell or to buy, and market forecasts are taken very seriously by our clients.

Our customers know that the team is personally invested in their housing quest and that each team member will address their needs as if they were their own.

So, if you want to work with a team that goes beyond the standard definition, please call Coastwalk Real Estate today

Expect Results:

 

Your Real Estate Market Report is provided by Justin Donaton of Coastwalk Real Estate. Local data provided is courtesy of the Wilmington Association of REALTORS MLS. Justin does not just "list" properties, he sells them! To get your home SOLD for the highest possible price, call Justin at 910-352-0998. Justin has been the #1 Agent on Pleasure Island since 2006. He has the highest dollar volume of sales, and has had the most number of closings. His business is built on hard work and high-impact marketing. Please visit:  www.CoastwalkRealEstate.com for more info.

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Jan. 29, 2012

2012 Real Estate Trends for Wilmington NC and Wrightsville Beach

I hope you had a great Holiday! I’m really excited for the real estate market this year. I wanted to share with you a few trends that I anticipate seeing in 2012.

Before digging into this, I’d like to ask a favor. If you could visit our website at www.CoastwalkRealEstate.com, you’ll notice a “+1” icon on the homepage. If you could click this, it will help with our Search Engine Optimization.

While you’re at it, be sure to sign-up for a FREE property account, and we’ll email you all the new listings and price changes as they become available.

 

Now as far as 2012 trends….

 

  • It seems that bank-owned inventory is dwindling. Those that do become available often do so at low prices, and as a result it’s common for there to be multiple offers. Some bank-owned homes sell for above asking price.

 

  • Short sales continue to influence the market. There is no guarantee a short sale will result in a closing, but a lot of folks are trying. At Coastwalk Real Estate, we engage an attorney (no cost to you) to assist in the negotiations and legal aspects of these transactions.

 

  • We’ll continue to see renewed interest in new construction. There are spec homes being built (check out 703 Ocean Blvd in Carolina Beach). Some buyers will also opt for purchasing land, and contracting to build.

 

  • Buyers purchasing second homes tend to be from the following areas: Raleigh, Cary, Greensboro, Northern Virginia, New York, Pennsylvania and Ohio.

 

  • Cash purchases will be on the rise. Buyers are sitting on cash and recognize the value in buying property in this market, and at these low prices.

 

  •  Most buyers are looking for simplicity – meaning they want / expect a nice clean house, that is in good condition, and that requires minimal upkeep. “Fixer-Uppers” are not as popular as they have been in the past.

 

  • Condo financing will remain challenging. Loans on condos are possible, but often require a higher down payment and will be at a higher interest rate.

 

  • Interest rates in general will remain historically low…interest rates are phenomenal right now!

 

  • Second home buyers are showing a renewed interest in ocean front properties. They love the beach, and can use the property for rental purposes as well. This rental income can offset some of their expenses.

 

In closing, I wanted to share with you a summary of sales from 2004 through Dec 30th 2011. As you will see, we have now had 3 consecutive years of increased sales volume…so folks are buying!

 

 

Month / Year

2004

2005

2006

2007

2008

2009

2010

2011

Total by Month

 

Approx Number of Sales Per Month

 

Jan.

48

82

17

25

14

18

17

26

247

Feb.

58

79

29

22

17

16

22

26

269

March

85

110

28

22

14

22

28

43

352

April

89

115

27

22

31

26

30

43

383

May

89

89

39

30

33

33

48

37

398

June

87

87

30

19

31

32

33

41

360

July

85

72

30

30

26

21

48

45

357

Aug.

59

82

20

33

33

24

37

35

323

Sept.

82

65

33

13

26

33

30

22

282

Oct.

79

45

22

23

16

34

29

33

248

Nov.

80

39

26

19

12

33

33

30

242

Dec.

67

25

28

17

16

24

32

24

209

 

 

 

 

 

 

 

 

 

 

Total Sales

908

890

329

275

269

316

387

405

 

 

 

 

 

 

 

 

 

 

 

% Change

 

-2%

-63%

-16%

-2%

17%

22%

5%

 

 

Expect Results:

Your Real Estate Market Report is provided by Justin Donaton of Coastwalk Real Estate. Local data provided is courtesy of the Wilmington Association of REALTORS MLS. Justin does not just "list" properties, he sells them! To get your home SOLD for the highest possible price, call Justin at 910-352-0998. Justin has been the #1 Agent on Pleasure Island since 2006. He has the highest dollar volume of sales, and has had the most number of closings. His business is built on hard work and high-impact marketing. Please visit:  www.CoastwalkRealEstate.com for more info.

 

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Jan. 15, 2012

The #1 Money Secret of The Rich

The #1 Money Secret of The Rich

Ever wonder how the rich get richer?  It’s simple.  They spend less than they earn, and invest the difference.  If you’re not born into money, here are five tips for spending less so you can invest more and build wealth this year.

1. Track Your Spending.  It’s hard to tell where you’re spending too much if you don’t write anything down.  But who wants to save receipts, log a checkbook register, or use a spreadsheet?  New online tools help you automatically track all your financial information in one place, for free.  At www.mint.com you can set up a free account to see exactly where your money is going.

2. Use a Budget. This financial practice of the rich has enormous power.  You may prefer to call it a “spending plan” but the idea here is to know how much you can spend on different categories so you don’t overextend yourself.  Include savings as a category and “pay yourself first” each month by putting money aside into a designated savings account.

3. Rein in Expensive Habits.  Smoking and eating out are expensive.  Statistics show that the pack-a-day smoker spends nearly $260,000 over a lifetime – and that does not include increased insurance costs and other factors.  Or, you may enjoy eating at nice restaurants each week, which is another budget killer.  What habits can you reduce to save money?

4. Pay Down Debt.  As you free up more of your income it can be smart to pay down high-interest debt.  For example, taking extra money to pay down a loan with 10% interest can be better than putting money in a savings account at 3% interest.

5. Pay In Cash.  Credit card companies know you spend more when there’s not an immediate withdrawal from your bank account.  Try to pay for everything in cash (or debit card).  If you want a new computer, to take a vacation, or even a car, try to save up and pay for it in cash instead of getting a loan.  Remember, the key here is it to not take on more debt.

The secret to building wealth is to reduce your spending and debt so more of your income can work for you.  Follow these tips to free up more money for savings and investments.  And may you have a prosperous New Year! 

##

This above information is an excerpt from my monthyl SERVICE FOR LIFE! mailer. Its such great info, so I wanted to share with you online too.

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Jan. 15, 2012

Foreclosures in Wilmington, NC

There are currently about 300 bank-owned homes in Wilmington, Wrightsville Beach, Carolina Beach, Kure Beach and Leland.

Some of these (not all) are great deals. If you would like to see pictures of the foreclosure homes, along with prices, click right here!

1103 Carolina Beach Ave North is a great one in Carolina Beach.

719 Lumina Ave in Wrightsville Beach l is another really nice home, altough more expensive.

So if you want a great deal on a foreclosure in Wrightsville Beach or Wilmington, please contact Coastwalk Real Estate. We will help you navigate through the maze of homes and paperwork...and have you living happy in your new home.

We can be reached at 910-458-9119, or visit our website at www.CoastwalkRealEstate.com

 

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Jan. 15, 2012

Short Sales in Wilmington NC

Here is a list of the most current list of short sales in Wilmington and Wrightsville Beach, click here to see them all!

Short sales can be great buying opportunities. When a seller owes more money on their loan than they can afford (and the house is not worth an amount greater than their current loan balance), a "short sale" is the result.

For sellers, it can be a good way to sell their home, although their credit score will be impacted. Sometimes banks require sellers to pay back the deficiency, it all just depends on teh situation.

In addition, sellers will recieve a 1099 form from the IRS for any deficiency. We recommend to our clients that they seek the advice of an attorney prior to selling their home as a short sale.

For buyers, short sales can be super deals....buyers must remain patient as teh process takes several months (or longer).

If you want more info on short sales please contact Coastwalk Real Estate

910-458-9119

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Jan. 14, 2012

KURE BEACH TOWN NEWS – JANUARY 12, 2012

KURE BEACH TOWN NEWS – JANUARY 12, 2012

 

·         Go to the Town’s website www.townofkurebeach.org for meetings, info & news

·         Also, don’t forget to join us on Facebook: http://www.facebook.com/kurebeachnc

·         Visit our Business Corner at the bottom of this email for great deals from KB businesses

·         For more events: Pleasure Island Chamber of Commerce http://www.pleasureislandnc.org/calendar.asp

 

TOWN HALL CLOSED ON MONDAY, 1/16/12

Town Hall will be closed on Monday, 1/16/12 for the Martin Luther King Jr. Holiday. Recycle pickup will be held on the same day as your REGULAR garbage pickup day (Monday or Tuesday); there is no delay. Regular garbage pickup will be delayed by one day. So, if your normal garbage pickup is on Monday, it will be on Tuesday; if it’s on Tuesday, it will be picked up on Wednesday.

 

CORRECTED INFORMATION FROM THE KB STORMWATER & ENVIRONMENTAL COMMITTEE

The Stormwater & Environmental Committee would like to make a correction to the information they provided in last week’s email. Please read for further information.

Cape Fear Public Utility Authority ordinance prohibits pet waste, pet hair and kitty litter from being flushed down the toilet in New Hanover County because: 1) Pets eat a different type of food that causes their waste to break down slower than human waste. This can cause blockages in sewer lines and wastewater treatment processes to fail. 2) Pet waste and pet hair create blockages in sewer lines that cause pump stations to backup and untreated wastewater to overflow into the environment.  3) Animal waste contains different pathogens (viruses, bacteria and diseases) than humans. These pathogens do not get fully treated in the wastewater treatment process that is intended to treat human waste.  Pet Waste should be bagged and put in trash to go into landfill.  

 

BUS TRIP TO SEE STEEL MAGNOLIAS

Paula Withrow from the Parks & Recreation Advisory Board, is busy lining up the next bus trip. She has reserved tickets at Progress Energy’s Center for the Performing Arts to see the theatrical production of Steel Magnolias. As usual, Paula has reserved the best seats in the house for our participants. The show will be on Saturday, April 21 at 2:00 pm (matinee). Preliminary plans have the bus leaving KB Town Hall at 8:30 am and stopping at Raleigh’s wonderful Farmer’s Market. There, you can browse the vendor booths and grab a bite to eat for lunch before the group heads over to the show. The trip will cost $91.06 per person, which we know is a rather high price. But, due to the high season and price of gasoline, the bus costs are more in the month of April. This is the best price we can get for the trip which includes no padding in the cost.  

 

Please email me BEFORE NEXT THURSDAY, if you are interested in taking this trip.  Tickets won’t go on sale until after we’ve determined there’s enough interest in this trip to make it feasible. We’ll let you know the results in next week’s email.

 

WATERCOLOR CLASS BEGINS JANUARY 18

Ken Withrow, awarding winning artist and Kure Beach resident, will resume his watercolor classes at the Kure Beach Community Center on Wednesday, January 18. Beginner class is held from 9:30-11:30 am and Intermediate class is held from 12:30-2:30 pm. The 4-week sessions costs $30 per person. Register and pay at the first class. A list of supplies needed for these classes is available on the Town’s website under “Town Venues>Parks & Rec>Watercolor Class,” or you can obtain the list at Town Hall.

 

TOWN COUNCIL RETREAT

Notice is hereby given that the Kure Beach Town Council, at their December 5, 2011 meeting, scheduled a meeting for the purpose of holding a retreat as follows:

EVENT:         Town Council Retreat

DATE:           Tuesday, January 24, 2012

TIME:             9:00 am or soon thereafter until approximately 4:30 pm

PLACE:         Fort Fisher Air Force Base National Guard Training Facility, Room 103

PURPOSE:   Discussion and consideration of the following items:

  • ·         Current and future goals of departments and committees

(9 am to 12:30 pm)

  • ·         Mid year financial review (1:00 pm to 2:15 pm)
  • ·         Planning session for prioritization of current and future goals of the Council  (2:30 pm to 4:30 pm)

Note – all times except starting time are approximate.

 

The meeting is open to the public and all interested persons are encouraged to attend.

 

2012 VEHICLE DECALS ON SALE NOW

This is a reminder that the 2012 Kure Beach Vehicle Decals are on sale at Town Hall. Decals are $5 per registered vehicle. Please don’t forget to bring your vehicle registration with you when you come to purchase your decal. It is a Town ordinance that all full-time residents (homeowners and renters) purchase a decal by March 31st of each year. If you wait until April 1st, you’ll have to pay an additional $10 penalty/late fee.  See our website more additional information.

 

KURE BEACH COMMITTEE VACANCIES

The Town of Kure Beach is always looking for residents who would like to serve on Town committees. For a list of committees and member vacancies, access the Town’s website and view the list at the bottom of the calendar list on the homepage.

 

COFFEE WITH THE MAYOR

Mayor Dean Lambeth wants to hear your thoughts and concerns regarding the Kure Beach community. Come and meet with him on Saturday mornings at Town Hall from 9:00 -11:00 am.

 

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