Coastwalk Real Estate Blog

 

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.

Posted in Carolina Beach Homes, Carolina Beach Real Estate, Kure Beach Homes, Kure Beach Real Estate, New Hanover County Real Estate, Pleasure Island Real Estate, Uncategorized, Wilmington NC Homes, Wilmington Real Estate, Wrightsville Beach Homes, Wrightsville Beach Real Estate
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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.

 

Posted in Carolina Beach Homes, Carolina Beach Real Estate, Kure Beach Homes, Kure Beach Real Estate, New Hanover County Real Estate, Pleasure Island Real Estate, Uncategorized, Wilmington NC Homes, Wilmington Real Estate, Wrightsville Beach Homes, Wrightsville Beach Real Estate
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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

 

Posted in Carolina Beach Homes, Carolina Beach Real Estate, Kure Beach Homes, Kure Beach Real Estate, New Hanover County Real Estate, Pleasure Island Real Estate, Uncategorized, Wilmington NC Homes, Wilmington Real Estate, Wrightsville Beach Homes, Wrightsville Beach Real Estate
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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

Posted in Carolina Beach Homes, Carolina Beach Real Estate, Kure Beach Homes, Kure Beach Real Estate, New Hanover County Real Estate, Pleasure Island Real Estate, Uncategorized, Wilmington NC Homes, Wilmington Real Estate, Wrightsville Beach Homes, Wrightsville Beach Real Estate
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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.

 
Posted in Carolina Beach Homes, Carolina Beach Real Estate, Kure Beach Homes, Kure Beach Real Estate, New Hanover County Real Estate, Pleasure Island Real Estate, Uncategorized, Wilmington NC Homes, Wilmington Real Estate, Wrightsville Beach Homes, Wrightsville Beach Real Estate
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Jan. 12, 2012

Ocean Dunes Monthly, January 2012

WHAT’S NEW at Ocean Dunes
 
·        The 800 Building is going to be painted this month and through February of 2012.
 
·       Important Dates to Remember:
January 1st- The Recreation Center will be closed in observance of New Years
January 17th- 10Am Presidents Advisory Committee meeting
Saturday January 21st- 10am Ocean Dunes HOA Board Meeting
 
Ocean Dune’s 2011 year end review
·        The reconstruction project on the 500, 600, 700, and 1800 buildings was completed.
·        The 2200 building was power washed.
·        The painting of the 2200 building began in December.
·        Several beach access walkways were replaced and/or repaired.
·        The sand dunes in front of several buildings were rebuilt.
·        Several benches around the property were rebuilt.
·        The irrigation system in several sections of the property was repaired.
·        Several fire extinguishers and fire extinguisher boxes were replaced.
·        The Ocean Dunes work truck was made operational.
·        The heater and filter were replaced on the spa.
·        Repairs were completed to the inside indoor pool room walls and on the backside wall of the Recreation Center building.
·        Repairs were completed to the Men’s and Women’s restroom walls at the Recreation Center.
·        The indoor pool room light fixtures were repaired and re-hung.
·        A new treadmill was purchased for the gym.
·        A new television was purchased for the gym.
·        Both of the main light fixtures in the Men’s and Women’s restrooms were replaced at the Recreation center.
·        A stone wall was constructed at the Recreation Center.
·        The stone walkway beside the Gazebo at the Recreation Center was replaced.
·        The Recreation Center interior was repainted.
·        The landscaping at the Recreation center was upgraded.
·        The Ocean Dune’s playground sand and some playground equipment were replaced.
·        All three heating and air units were replaced at the Recreation Center.
·        A large section of the concrete walkway in front of the Recreation Center was replaced.
·        The gazebo next to the Recreation Center was painted.
·        The US Flag and the flag lighting were replaced at the Recreation Center.
  
 
 
Posted in Carolina Beach Homes, Carolina Beach Real Estate, Kure Beach Homes, Kure Beach Real Estate, New Hanover County Real Estate, Pleasure Island Real Estate, Uncategorized, Wilmington NC Homes, Wilmington Real Estate, Wrightsville Beach Homes, Wrightsville Beach Real Estate
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Jan. 9, 2012

Coastwalk Real Estate - 28 Step Home Marketing Plan

Coastwalk Real Estate –

28 Step Home Marketing Plan

 

Company Objectives

 

1.   To expose your home to the maximum number of  interested and capable buyers;

2.   To educate all interested prospects on the unique features and lifestyle benefits your home offers;

3.   To help you get the highest possible sales price for your home;

4.   To make the listing and sales process easy, convenient,  and problem-free for you;

5.   To educate and assist you in the most effective ways to present your home for the greatest buyer impression;

 

Marketing Plan Elements: 

 

1.   Submit your home listing for exposure to over 4,000 active agents in the Multiple Listing Service system. 

2.   Present copies of your home listing to 15 of our company's active agents who, each day, work with interested and capable buyers;

3.   Present you with professional advice on presenting your home to show exceptionally well, and sell for the greatest possible price; 

4.   Place your home on company weekly tour schedule to be examined by [138] agents working with motivated buyers;

5.   To promote your home in at least 30 company-sponsored national real estate web sites (see graphic below). Promote your home as a “Enhanced Listing” on REALTOR.com – the most visited real estate website

6.   Create a custom publicity flyers about your home for personal distribution to each active agent in the community;

7.   Promote your home on our community REALTOR tour schedule to be examined by over 4,000 active agents;

8.   Create a custom flyer of features and lifestyle benefits of your home for use by cooperating agents showing your home;

9.   Create a custom "listing book" to be placed in your home for buyers to reference home features, lot, utility, and tax information, neighborhood benefits, schools, shopping, medical, and other buyer benefits;

10. Promote your home on our company-exclusive "top 250 selling agent's" personalized mailing list; 

11. Maximize showing exposure through professional signage;

12. Enhance convenience of buyer viewing by placing home on a keysafe;

13. Promote your home to the public through Open Houses;

14. Promote your home by distributing flyers, brochures, and making personal announcements at real estate board meetings;

15. Educate you and potential buyers on the numerous methods of financing the purchase of your home;

16. Suggest constructive changes to your home to make it more appealing, and a sale more likely,  to interested buyers;

17. Send a personalized letter to residents in your neighborhood promoting the features and lifestyle benefits of your home;

18. Personally speak with a minimum of 50 of your neighbors about your home,  neighborhood benefits, and their knowledge of potential buyers;

19. Keep you educated and up-to-date on listing and selling market conditions in your area;

20. Update you on all activity regarding your home: agent showings, open house attendance, agent tours, sign inquiries, etc.

21. Promote your home through Nationwide Agent Referral Marketing Partnerships.

22. Place your home on Craigslist 3x a week;

23. Track all home showing agents and public using special sign-in sheets;

24. Follow-up on all agents who have shown your home to answer questions, and further motivate buyer interest;

25. Ensure that any offers from buyers are pre-qualified and capable of closing on the purchase;

26. Represent you in contract negotiations with buyers to help generate the highest selling price for the home;

27. Coordinate escrow, financing, and closing activities on your behalf to ensure a smooth, hassle-free closing;

28. Personally deliver your proceeds check at closing of your home.

 

If you want to get your home SOLD, contact Coastwalk Real Estate in Wilmington, NC. We serve Wilmington, Landfall, topsail Island, Leland, Wrightsville Beach, Kure Beach and Carolina Beach.

You can find all homes for sale online here: at Coastwalk Real Estate's website

 

 

Posted in Carolina Beach Homes, Carolina Beach Real Estate, Kure Beach Homes, Kure Beach Real Estate, New Hanover County Real Estate, Pleasure Island Real Estate, Uncategorized, Wilmington NC Homes, Wilmington Real Estate, Wrightsville Beach Homes, Wrightsville Beach Real Estate
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Jan. 9, 2012

New Home in Carolina Beach - 703 Ocean Blvd, Carolina Beach

I wanted to share with you a super home, below is more info, scroll to botton to see links to pictures and a virtual tour!

Brand New 4BR, 3.5BA, 2,200+ hsf beach home. Ocean view. Dual master bedrooms; A beautiful open floor plan with custom concrete counters and designer touches! You'll be amazed at the elegance inside. There's even an 8ft theater screen with projector and a Bose 5.1 surround system. In addition, your home uses the Zip Wall System designed to address the need for home performance, comfort, energy efficiency. This is the optimal solution for structural sheathing, moisture mngt & superior air barrier performance. There are three large decks to enjoy ocean breezes, and you're just a short walk to the beach. You are also outside the flood zone, and across from Seagrove. There is an outdoor fireplace, a storage room, new sod, a sprinkler system and palm trees. Elevator is optional if you desire. This is a custom home design by Coastal Designs of Wrightsville Beach. Contact agent for a showing! Seller will consider lease back for 6 months to use as model home!

View More Pictures Here of 703 Ocean Blvd in Carolina Beach: http://www.coastwalkrealestate.com/search/details/ev7/1/

Contact Coastwalk Real Estate for more info at 910-458-9119

 

Posted in Carolina Beach Homes, Carolina Beach Real Estate, Kure Beach Homes, Kure Beach Real Estate, New Hanover County Real Estate, Pleasure Island Real Estate, Uncategorized, Wilmington NC Homes, Wilmington Real Estate, Wrightsville Beach Homes, Wrightsville Beach Real Estate
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Jan. 9, 2012

Pleasure Island Chamber of Commerce Business After Hours

Pleasure Island Chamber of Commerce Business After Hours

at  The Lazy Pirate

 

DATE:

Wednesday, January 11, 2012

TIME:

5:30 p.m. - 7:00 p.m.

LOCATION:

The Lazy Pirate
701 N. Lake Park Blvd.
Carolina Beach. NC 
910.458.5414
 

The staff at The Lazy Pirate wants to invite you to the January Business After Hours Social On Wednesday, January 11th, 2011. Please join all your Business Associates and Friends at The Lazy Pirate to bring in the New Year with hopes for a prosperous year on Pleasure Island. The Directors and Staff at the Pleasure Island Chamber of Commerce along with our Sponsors want to welcome you to the January Social, where we can all share Holiday stories and new memories of time spent with family and friends on Pleasure Island.

 

Come join us for some fabulous culinary tastings from David Pierce and his pirate crew. If you haven't been to the Pirate recently, come check out that Island feel and spend some time with your fellow Business Associates. Purchase yourself a cold beer, a glass of wine or other beverage to compliment the fantastic hors d'oeuvres provided by our host.

 

Come on out early, enjoy the Pirate ambiance, spend some time with some friends or meet some new ones, maybe even stay for Dinner Be sure to bring your business cards to enter your business in our drawing for the Spotlight on Business in the next newsletter.  And, don't forget to look for the colored dots on members' name tags.  This signifies a new member to our Chamber.  Please do what you can to make them feel welcome.

 

It's been a while since we all met at SURFHOUSE in November, so please join us for the January 2012 Business After Hours Wednesday, January 11th at 5:30 at The Lazy Pirate!!! 
Posted in Carolina Beach Homes, Carolina Beach Real Estate, Kure Beach Homes, Kure Beach Real Estate, New Hanover County Real Estate, Pleasure Island Real Estate, Uncategorized, Wilmington NC Homes, Wilmington Real Estate, Wrightsville Beach Homes, Wrightsville Beach Real Estate
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Jan. 7, 2012

Figure Eight Island

There are many days when the birds out number the people in Figure Eight Island! This is an area with some of the nicest homes in North Carolina. Everyday is a pciture perfect postcard no matter which side of the island you call home. Figure Eight Island remains an unspoiled santuary of homes that is accessible by a gate and bridge, as access to the island is by inviation only. This commnunity is self contained and with lush martime forest, trees and aquatic habitats. A few miles away is the city of wilmington with shops, restaurants and things to do, especiallyl on the river front in downtown WIlmington. But when its time to head back to Figure Eigght Island, this is what is waiting for you: If you want more info on Figure Eight Island and Figure Eight Island homes for sale, please contact Coastwalk Real Estate at 910-458-9119. You can search homes for sale on Figure Eight Island here: http://www.coastwalkrealestate.com/figure-8-island-homes-for-sale/

Posted in Carolina Beach Homes, Carolina Beach Real Estate, Kure Beach Homes, Kure Beach Real Estate, New Hanover County Real Estate, Pleasure Island Real Estate, Uncategorized, Wilmington NC Homes, Wilmington Real Estate, Wrightsville Beach Homes, Wrightsville Beach Real Estate
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