Time magazine is being overly pessimistic in its recent cover piece that called into question the benefits of homeownership. In fact, now is a great time to buy. And, what's more, tomorrow will be a great time to own, because the fundamental strength of homeownership hasn't changed.
Why …
Wilmington, NC:
In Wilmington, we saw 64 homes go PENDING this week, this is an encouraging number! Prices were mostly in the $200k-$300k range, but several were in the $500+ range and one just shy of $1,400,000.
With regards to SALES, Wilmington had 42 closings, up from …
Kure Beach, NC:
In Kure Beach, 2 properties went PENDING. Both of these were homes, one an older cottage at $249,000, and a very vice home at $449,000.
With regards to SALES, this week Kure Beach also had 2 closings. A beautiful home in the mid $500’s, along …