Wilmington NC & Carolina Beach Real Estate by Coastwalk

Coastwalk Real Estate Blog

 

May 19, 2013

Advice from your Carolina Beach, NC Real Estate Agent.

Advice from your Carolina Beach, NC Real Estate Agent.

Lots of people I talk to these days are looking to start new business ventures or find more fulfilling jobs.

As a real estate agent, I definitely understand the desire for independence and to do something you love. It can be hard to pursue success in a new venture, though. I’ve often wondered what stands in the way of our desire and our ability to achieve the success. Well, recently I found a little insight into this question.

In Jack Zenger and Joe Folkman's book, "The Extraordinary Leader: Turning good managers into great leaders," researchers identified five "fatal flaws" which were effectively "success killers." In contrast to areas where professionals had "allowable weaknesses" (i.e. deficiencies in skills which could be avoided or overshadowed by other strengths), these five weaknesses were considered absolutely toxic to a successful career. The flaws included:

1. Lack of initiative

2. Lack of accountability

3. Lack of openness to new or different ideas

4. Lack of core interpersonal skills or competencies

5. Inability to learn from mistakes

It's interesting to note that these five flaws are generally organized around inactivity as a result of FEAR. For example:

1. Lack of initiative = fear of making a wrong decision (fear of mistakes)
2. Lack of accountability = fear we'll have to face our own laziness or inactivity
3. Lack of openness to new ideas = fear we won't be able to adapt, or we're being "left behind"
4. Lack of core interpersonal skills = fear of social interaction, fear of low self-esteem
5. Inability to learn from mistakes = fear of change

To overcome these fears, we have to transform them into hope. Understanding that growth comes from adversity, it helps to frame our fears as undernourished hope for change and prosperity. "Maybe I'll get it wrong," needs to become "What happens if I get it right?"

If you’ve found yourself hesitating out of fear, perhaps this will shed a little light on your own resistance!

Thanks for reading, and have a great week!

 

Expect Results:

Your Real Estate Market Report is provided by Justin Donaton of Coastwalk Real Estate. Any data provided, unless otherwise noted, is courtesy of the Wilmington Association of REALTORS MLS and/or the National Association of REALTORS.

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 SOLD the most real estate on Pleasure Island every year since 2007. 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. Coastwalk Real Estate is the #1 Sales office on Pleasure Island. Please visit:  www.CoastwalkRealEstate.com for more info.

Provided by Justin Donaton

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May 19, 2013

Carolina Beach and Kure Beach Market Report

I want to wish you and your family a Happy Summer! I also want to thank all of our service men and woman for their commitments, and their sacrifices. This is why we celebrate Memorial Day!

This week I wanted to share a summary of real estate activity across the island so far in 2013 (as of 5/20/13). If you would like more detailed information, please just call or email me anytime!

Carolina Beach - Number of Homes & Condos for Sale: 276

Carolina Beach - Number of Lots for Sale: 62

Kure Beach - Number of Homes & Condos for Sale: 94

Kure Beach - Number of Lots for Sale: 33

Carolina Beach - Home & Condos that SOLD this year: 99

Carolina Beach - Home & Condos that SOLD (during the same period in 2012): 95

Carolina Beach - Average Sq Ft price of Homes that SOLD this year: $181.00

Carolina Beach - Average Sq Ft price of Homes that SOLD this year: $180.00

Kure Beach - Home & Condos that SOLD this year: 23

Kure Beach - Home & Condos that SOLD (during the same period in 2012): 32

Kure Beach - Average Sq Ft price of Homes that SOLD this year: $195.00

Kure Beach - Average Sq Ft price of Homes that SOLD (during the same period in 2012): $200.00

Carolina Beach - Land / Lots that SOLD this year: 20

Carolina Beach – Land / Lots that SOLD (during the same period in 2012): 33

Kure Beach - Land / Lots that SOLD this year: 4

Kure Beach - Land / Lots that SOLD (during the same period in 2012): 4

Pleasure Island - Highest Price Home to Sell: $1,600.000.00,  217 S Fort Fisher Blvd, sold by Coastwalk on 4/8/13.

Pleasure Island - Lowest Price Home to Sell: $70,000.00, 222 Carolina Beach Ave N, #213.

Office Sales - Company with the most # of sales transactions on the island: Coastwalk Real Estate

Office Sales - Company with the highest dollar volume in sales on the island: Coastwalk Real Estate

Over the past 60 days, we have worked with Buyers from the following areas: Wilmington, Raleigh, Cary, Apex, Garner, Chapel Hill, Durham, Greensboro, Winston- Salem, High Point, Charlotte, Atlanta, Northern Virginia, Maryland, New Jersey, New York, Long Island, Pennsylvania, Ohio, Florida, Arizona, California, Washington State, Canada, China

Expect Results:

Your Real Estate Market Report is provided by Justin Donaton of Coastwalk Real Estate. Any data provided, unless otherwise noted, is courtesy of the Wilmington Association of REALTORS MLS and/or the National Association of REALTORS.

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 SOLD the most real estate on Pleasure Island every year since 2007. 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. Coastwalk Real Estate is the #1 Sales office on Pleasure Island. Please visit:  www.CoastwalkRealEstate.com for more info.

Provided by Justin Donaton

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April 29, 2013

Wilmington NC Market Report

1st Quarter 2013 Local MLS Market Analysis

When analyzing six major zip codes in our region - 28403, 28405, 28409, 28411, 28412 and 28451 - an average of the zip codes for the first quarter of 2013 shows that:

  • Our average sales price has increased by 7.0% from 1st  Quarter 2012
  • Of the 713 sellers in 1st Quarter - 26.9% paid some sort of concession toward the purchase of the house.
  • Our list to sales price ratio for 1st Quarter is 96.55%, an increase from 95.6% for 1st Quarter 2012.
  • The average list price of the sold properties is $234,489 and is up 6% from 1st Quarter 2012.
  • The average number of days a property remained on the market for 1st Quarter was 126 days, compared to 169 days for 1st Quarter 2012.

The median sold price of $176,500 for 1st Quarter has increased 3.8% from 1st Quarter 2012.

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April 28, 2013

Carolina Beach NC - Real Estate Report

I hope you are doing great! Last week we summarized the sales in Kure Beach so far in 2013. This week, I wanted to share a summary of Carolina Beach real estate sales.  

Year-to-date on MLS (April 28th, 2013), there have been 107 properties to have SOLD in Carolina Beach. 90 of these are homes or condos, and 17 are home sites. This compares to 110 properties to have SOLD during the same period on 2012, 87 of which were homes or condos, and 23 being home sites.

In 2012, the average price per square foot for homes that SOLD was $192, compared to $179 in the same period for 2013.

Currently there are 22 homes and condos in Carolina Beach that are PENDING, and on PENDING land sale.

Currently there are 274 homes and condos for sale in Carolina Beach, and 68 lots for sale.

Here are some recent sales…

605 Tennessee Ave – $412,500 - This is a new home built by Ocean Grove Cottages. It has 4 bedrooms, 3.5 baths, and a coastal design both inside and out. It measures at 2,129 sq feet. It is located about 6 blocks from the beach. It was purchased by a family from Raleigh NC.

1307 Pinfish Lane – $400,000 - This is a new home built by Ocean Grove Cottages. It too has 4 bedrooms and 3.5 baths. It offers covered parking and an open living area. This home was purchased by a buyer from Seattle Washington.

1517 Bowfin Lane - $330,000 – This is a nice duplex located on Bowfin Lane. It did not provide an ocean view, but is just a short walk to the beach. It had real nice wood floors in the living area. The kitchen was open and had a kitchen island – great for entertaining. The buyers of tis home are a local family.

202 Texas Ave #1 - $296,000 – This town home has 3 bedrooms, 3 baths and just over 1,700 sq feet. It provided ocean views. There was a garage and lots of deck space.

200 S 5th Ave - $260,000 – An older cottage in the residential area of Carolina Beach. Needed some TLC, but a great location and a super home!

308 N 8th St - $239,900 – This is a 3 bedroom, 2 bath patio home located in a residential area of Carolina Beach. Hop on your bike and you are minutes to the State Park, and the Boardwalk!

This is just a sampling of the homes we have SOLD this year. Coastwalk Real Estate continues to shine as the leading seller of homes in Carolina Beach!

Thanks for reading, and have a great week!

Expect Results:

Your Real Estate Market Report is provided by Justin Donaton of Coastwalk Real Estate. Any data provided, unless otherwise noted, is courtesy of the Wilmington Association of REALTORS MLS and/or the National Association of REALTORS.

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 SOLD the most real estate on Pleasure Island every year since 2007. 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. Coastwalk Real Estate is the #1 Sales office on Pleasure Island. Please visit:  www.CoastwalkRealEstate.com for more info.

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April 28, 2013

Kure Beach Home Sales

Year-to-date on MLS (April 21st, 2013), there have been 23 properties to have SOLD in Kure Beach. 21 of these are homes or condos, and two are home sites. This compares to 24 properties to have SOLD during the same period on 2012, 20 of which were homes or condos, and 4 being home sites.

Here are some recent sales…

217 S Fort Fisher Blvd – Sales Price $1,600,000 – This is a large beach home south of the Pier. It has super views and is very nice inside. Lots of room to spread out, including a 3BR guest suite. Custom built and well maintained. The buyer of this home is from oversees (Asia) and will be using it as a second home and investment property.

503 Seahorse Place – Sales Price $660,000 – This is a nice beach home in Seawatch. It was built in 2005. It has some ocean views, and lots of nice touches inside. There is an elevator, a gourmet kitchen, and lots of nice features inside. This home was purchased by a family from the Piedmont area of North Carolina

197 Seawatch Way – Sales Price $475,000 – 197 Seawatch Way was one of the original home built in Seawatch. It is located on a high bluff, has nice deck space, and was well cared for. There is no garage and most of the finishes inside were original. Great potential on this one! The buyers of this home are from the Northeast.

404 K Ave – Sales Price $ 439,000 – 404 K Ave was a new home located up the street from the Pier. It measures just over 2,300 sq. ft and has 4 bedrooms. This was purchased as a beach home for a family in Chapel Hill.

606 S 3rd Ave – Sales Price $282,000 – 606 S 3rd is a neat property. It was originally one of the barracks from the Ft. Fisher Recreation area…it was moved to this location and an addition was built-on. Definitely needs some TLC, but some great character and a super location.

1100 S Fort Fisher Blvd #202 – Sales Price $241,000 – We love Ocean Dunes! This is a super 2 bedroom / 2 bath condo in Ocean Dunes. Ocean Dunes has resort style amenities including several pools, and indoor pool, tennis, basketball and a nautilus.

This is just a sampling of the homes we have SOLD this year. Coastwalk Real Estate continues to shine as the leading seller of homes in Kure Beach!

Next week I’ll provide a recap of the Carolina Beach market, and provide more details on the homes that have SOLD in CB.

Thanks for reading, and have a great week!

Expect Results:

Your Real Estate Market Report is provided by Justin Donaton of Coastwalk Real Estate. Any data provided, unless otherwise noted, is courtesy of the Wilmington Association of REALTORS MLS and/or the National Association of REALTORS.

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 SOLD the most real estate on Pleasure Island every year since 2007. 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. Coastwalk Real Estate is the #1 Sales office on Pleasure Island. Please visit:  www.CoastwalkRealEstate.com for more info.

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April 23, 2013

Have you ever thought how useful Pinterest might be for imagining your dream home?

Have you ever thought how useful Pinterest might be for imagining your dream home? My clients have used it in surprising and exciting ways.

Pinteresting Ways to Inspire Your Home Ownership Dream

What’s with Pinterest? Is it just one more social network you don’t have time for, or could it be a powerful, fun tool in your life? When it comes to the dream of home ownership, many of my clients have found it super helpful.

Here are X ways my clients and friends have been using this rapidly growing social network to “pin” their dreams:

1. It helps you track what you like about homes. Like a scrapbook, Pinterest is a great way to keep track of houses, places, and views that remind you what you like when you’re home hunting. Snap with a smart phone and pin with the app and just like that, you have a record.

2. It keeps a conversation open with friends, spouses, family, and even your real estate agent. I’ve heard of husband and wife teams using Pinterest boards to share what they want in a home and get feedback from others. It’s even useful at the outset of the home hunt, when I ask clients what sort of homes they love. No need to describe it! I can quickly browse their shared boards.

3. It keeps renovation project ideas on the radar. Clever ideas, killer style, gardening go-tos, luxury lifestyle touches, and awesome accessories can be gathered for when the time comes to make those rewarding upgrades.

4. Finally, it inspires you to save. For a lot of first-time buyers, the willpower to save for a down payment can quickly wane when the number seems so large. Pinterest boards are a great way to help boost flagging motivation along the way. Those images can get you excited about your future!

View our rockin' Coastwalk Real Estate website blog, click here!

Take a look at some beach homes in Wilmington NC, click here

If you enjoy my posts, please add me to your Google+ Circles

Get my Tweets, here is my Twitter account

How are you using Pinterest? Do you have a board for your next dream home? I’d love to see it! Share it with me and get in touch today: 

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April 18, 2013

Wilmington homes on the first floor

Wilmington homes on the first floor

There are many nice things about having a home on the first floor. There are no stairs to deal with, which means it can be easy to come and go from your home or condo. It also makes unloading groceries eaiser as well.

There are many homes and condos in Wilmington that are on the first floor. If you are interested in purchasing a 1st floor home in the area please let us know. You can also search for available Wilmington real estate by looking at the link below.

http://www.coastwalkrealestate.com/search/advanced_search/

View our rockin' Coastwalk Real Estate website blog, click here!

Take a look at some beach homes in Wilmington NC, click here

If you enjoy my posts, please add me to your Google+ Circles

If you enjoy my posts, please add me as a Facebook Friend

Let’s Network more, here is my LinkedIn Profile

Get my Tweets, here is my Twitter account

Provided by Justin Donaton

I list and sell homes in Wilmington NC. I specialize in the beach towns of Carolina Beach, Kure Beach and Wrightsville Beach.

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April 15, 2013

Why a Pre-Sale Home Inspection is Good Protection

Even though the buyer pays for an inspection during the purchase process, it’s a good idea to have a pre-sale inspection if you’re the seller. Here’s why.

Why a Pre-Sale Home Inspection is Good Protection

Yes, it’s true-- your buyers are going to have to pay for an inspection, so why should you? The truth is, there are many good reasons to spring for your own home inspection before listing your home. Here’s why:

Ignorance isn’t a good defense. Many sellers are afraid they’ll discover defects they’ll have to disclose to buyers when the time comes. While it’s unethical and illegal to omit known issues from buyers, the truth is that understanding these issues up front can save you a lot of time and money:

First, you’ll have the opportunity to fix the problems before listing the home. Second, condition issues will help you price the home accurately for sale. And third: Buyers who are informed of condition issues up front will be much less likely to pull their contract than those who get nasty surprises down the line.

You’ll have your own estimate for repairs. When it comes to estimated repair costs (or price concessions), which would you rather have? Only the buyer’s inspection report, prepared for the buyer, or both your inspection report and the buyer’s? It’s also an issue of repair quality: Some inspectors will propose high-end fixes while others may propose more modest, but reasonable repairs. It’s handy to know the range!

You have a credible tool for negotiating issues. Again, when it all comes down to the buyer’s inspection, you won’t have one point of view on the topic. It’s also nice to present buyers with your own home inspection report as a show of good faith. It starts things off on the right foot when you say, “Listen, I’m sure you’ll want to have your own inspection, but before I decided to list my home, I wanted to know what any potential issues might be. Here’s what I found.”

It helps protects you from non-disclosure accusations. It’s hard for a buyer to say you tried to dodge repair or maintenance issues later when you can prove you paid up front to have your own inspection done. “He knew about this, but didn’t tell me!” is a tough case to make when you’ve invested in home inspection protection.

I’m happy to connect you with home inspectors I use and trust! Drop me a line today:

View our rockin' Coastwalk Real Estate website blog, click here!

Take a look at some beach homes in Wilmington NC, click here

If you enjoy my posts, please add me to your Google+ Circles

If you enjoy my posts, please add me as a Facebook Friend

Let’s Network more, here is my LinkedIn Profile

Get my Tweets, here is my Twitter account

I list and sell homes in Wilmington NC. I specialize in the beach towns of Carolina Beach, Kure Beach and Wrightsville Beach.

Provided by Justin Donaton

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April 14, 2013

Carolina Beach home for sale with ocean views

Here is a super home in Carolina Beach for sale with ocean views. It has an elevator as well. You have views of the ocean and can walk to the beach and he North End:

For more information contact Coastwalk Real Estate in Carolina Beach at 910-458-9119

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April 13, 2013

How to Get Your Dream Home in a Booming Market

The days of the buyer’s market are rapidly fading all over the country. Multiple offers and sales above list price are on the move. How can you shop smarter in a hot market?

Tips for Buyers Home Hunting in a Hot Market

We’ve come a long way since the darkest hours of the bottom of the home market. Now, buyers are finding the competition for homes surprisingly stiff. The days of touring twenty homes and deliberating over the tiniest details have slipped away.

So what can you do to increase your odds at landing a home you can love? Here are a few tips to help as you navigate this increasingly active market:

1. Get pre-approval for a loan before you begin shopping. Browsing without the power to buy is a recipe for heartbreak now.

2. Be clear about the neighborhoods you’re interested in before you shop. Understand what the recent trends have been in terms of sales and competition for those sales if possible.

3. Be prepared to lose out on some homes. Yes, it’s likely that one or two great candidates will get away. Mentally prepare yourself for the possibility of being outbid or not getting an offer written in time.

4. Have your agent familiarize you with multiple offer situations. Ask specific questions about how it works and what to expect.

5. Get cutting edge MLS information and/or information on homes not yet on the market. Hot sheets and inside information on potential new listings can position you for first in line. Work with an agent who has access to the latest information and a solid network of connections in the community.

6. Make offers on multiple properties and see which gets accepted first. If you have four homes which meet your criteria, don’t go round robin on the offers. Write four and see what shakes out.

I’ve seen what it takes to win a great home in a booming market, and would be glad to guide you through the experience. And sellers, this is also a great time to get in touch and list your home!

View our rockin' Coastwalk Real Estate website blog, click here!

Take a look at some beach homes in Wilmington NC, click here

If you enjoy my posts, please add me to your Google+ Circles

If you enjoy my posts, please add me as a Facebook Friend

Let’s Network more, here is my LinkedIn Profile

Get my Tweets, here is my Twitter account

Provided by Justin Donaton

I list and sell homes in Wilmington NC. I specialize in the beach towns of Carolina Beach, Kure Beach and Wrightsville Beach.

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