This is a super home in Carolina Beach for sale. Located at 920 Salt Water Lane in Carolina Beach, this is a 4BR, 3.5BA home with may upgrades. You are just a short walk to the beach and you also have a pool and tennis and playground access. Located in Carolina Sands, which is minutes from downtown Carolina Beach and Kure Beach.

Here is a virtual tour for the home at 920 Salt Water Lane

If you want more info or more pictures visit out website here

If you would like to look at homes in Carolina Beach or Kure Beach homes for sale please contact Coastwalk Real Estate at 910-458-9119

Here is a great Carlina Beach oceanfront condo, presented by Coastwalk Real Estate

201 Carolina Beach Ave S. This is a 3 bedroom, 2 bath ocean front condo wiht super views.

Here is a virtual tour

If you want more info or want to see more pictures click here

If you are interested in Carolina Beach real estate or Kure Beach real estate please contact the island leaders.... Coastwalk Real Estate at 910-458-9119

Kure Beach has sone great deals on ocean front homes. You can search Kure Beach oceanfront homes online here!

Oceanfront homes are some of the most popular in this seaside community of Kure Beach. The views are great, and nothing beats walking out your back door to the white sandy beach of Kure Beach!

Populat communites that offer Kure Beach ocean front homes inlcude Seawatch, Kure Beach Village, Kure Estate and Ocean Dunes.

Each community offers a different lifestyle, with one common element...a relaxed island vibe!

Seawatch has colorful homes and nice oceanfront homes in Seawatch. Here you can located all Seawatch homes for sale. Seawatch has an oceanfront tiki bar, a pool, tennis and trails.

Kure Beach Village also has oceanfront homes Kure Beach. Oceanfronts homes in Kure Beach Village are priced from the $700's. There are seveal pools and tennis courts. There are a variety of homes in Kure Beach Village starting in the 200's, but these will be a little further from the beach (but still walking distance). Here is a link to homes for sale Kure Beach Village

Oceanfront condo in Kure Beach can be found at Ocean Dunes. Ocean Dunes offers Kure Beach condos from the 200's. These are oceanfront and have great views. Ocean Dunes Kure Beach has indoor and outdoor pools, tennis, sauna and more. Here are all the Ocean Dunes condos for sale.

If you want a nice beach home, then Kure Beach is the place for vacation homes, oceanfront homes and everything in between. If you want to look at homes for sale in Kure Beach or Kure Beach real estate you can search online here!

If we can help in your search, please contact Coastwalk Real Estate at 910-458-9119.

Below are links to YouTube videos for Carolina Beach Homes and Kure Beach Homes

1112 Bowfin Lane, Carolina Beach, NC

http://www.youtube.com/user/Mycoastwalk?feature=mhum#p/a/u/2/X50vophEraU

1403 S Lake Park Blvd, Carolina Beach, NC Ocean Front

http://www.youtube.com/user/Mycoastwalk?feature=mhum#p/u/5/j_ZAXgJPNmk

Ocean Dunes Kure Beach, Ocean Front

http://www.youtube.com/user/Mycoastwalk?feature=mhum#p/u/9/O3U4e9QgqNc

101 Seawatch Way Seawatch Kure Beach

http://www.youtube.com/user/Mycoastwalk?feature=mhum#p/u/13/h9YnPL_F-mM

277 Seawatch Way Seawatch Kure Beach

http://www.youtube.com/user/Mycoastwalk?feature=mhum#p/u/37/ag3Ey63kvJU

1112 Bowfin Lane is a nice beach home with ocean views in Carolina Beach. I also have a nice video of a ocean front condo in Carolina Beach at Pelican Watch. The Ocean Dunes video shows the beach access for Ocean Dunes. There are a handful of condos for sale priced from the 200's. You can search for Ocean Dunes condos here

I also have two videos of Seawatch homes, Seawatch is in Kure Beach...a very popular community. You can search for Seawatch homes here!

Coastwalk Real Estate 910-458-9119

Kure Beach Town News – APRIL 7, 2011

• Go to the Town’s website www.townofkurebeach.org for meeting & event dates, 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

"We've been saying for months that there's never been a better time to buy a beach property in southeastern NC, and we mean it”.  Home prices and mortgage interest rates are still very low and inventories very high, which means the banks are still willing to negotiate great deals on some truly exceptional beach foreclosures and short sales here in our local beach communities. We've already seen a huge increase in interest from prospective buyers who are looking to take advantage of some of the deals available before the summer returns.

 Is our long national foreclosure nightmare ending?  The number of foreclosure notices filed in February dropped 14% compared with a month earlier and 27% compared with a year earlier, according to RealtyTrac. That was the biggest year-over-year decline the company has ever recorded.  Looking at our local inventory in New Hanover County here are some statistics on foreclosures according to Trulia.

There are currently 3,084 resale and new homes in Wilmington as well as 291 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process.  On Carolina Beach there are currently 424 resale and new homes in Carolina Beach including 48 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. There are currently 152 resale and new homes in Kure Beach including 10 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process.  Ending with Wrightsville Beach there are currently 198 resale and new homes, including 5 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process.

If you’ve ever considered owning a home on the NC coast but have been putting it off - now is definitely the time.  With the current state of the economy, now is a perfect time to buy homes, or property. Thanks to low interest rates, and the increase in foreclosures, you can score a really good deal.  Another benefit of buying foreclosures is that you could try to fix it up, and then resell it for a nice profit. Basically, it could be a great investment. For the right buyer, foreclosures are an excellent opportunity to buy a house at a lower than market-value price.   So as we move into spring and summer the time to buy here at the coast is now whether you choose a foreclosure or not this is still a buyer’s market. 

You can find homes for sale in Wilmington, Carolina Beach, Kure Beach Real Estate and Wrightsville Beach homes online here!

From Wilmington Association of REALTORS:

2011 is going to be an exciting year for our local real estate market. During the fourth quarter of 2010, our residential market showed significant signs of improvement over year-end 2009. This is an extraordinary sign that the market is stabilizing which will offer many potential homeowners and REALTORS® reason to continue being optimistic heading into the rest of this year.  

While analyzing the growth within these six major zip codes in our region – 28403, 28405, 28409, 28411, 28412 and 28451, an average of the zip codes shows:

   • Our average sales price had an increase of 3.2% from year-end 2009.
   • Of the 2,587 sellers in 2010, 28.4% paid some sort of concession toward the purchase
   of the house.
   • Our list to sales price ratio for 2010 was 94.65%, a slight decrease from 95.12% for
   year-end 2009.
   • The average list price of the sold properties was $260,379, up 3.7% from
   year-end 2009.
   • The average number of days a property remained on the market for 2010 was 123 days,
   compared to 132 days for year-end 2009.
   • The median sold price of $195,000 for 2010 was an increase of 2.7% from
   year-end 2009.

The areas of focus in this analysis were: 

   • Sellers Concessions – The amount of money a seller of a house contributes toward
   the buyers purchase.
   • List Price – The amount of money a home is listed on the market.
   • Selling Price – The price the seller accepts for his or her house.
   • Days on Market – The number of days a house remains for sale, from the listing date to
   the date the property is placed under contract.
   • List to Sales Price Ratio – The difference between the list price and the selling price
   shown as a percentage.

2009 Year-End Average Selling Price vs. 2010 Year-End Average Selling Price

 
28403 Zip Code

• The average selling price of $210,977 increased .8% from year-end 2009 average selling price of $209,290.
• 22% of sellers in 2010 paid a concession compared to 16% in year-end 2009.
• The average list price of $228,082 for 2010 increased 1.9% over year-end 2009 average list price of $223,749.
• The average number of days a property remained on the market for 2010 was 135 days, compared to 142 days for year-end 2009.
• The median sold price of $166,000 for 2010 decreased 2.0% from year-end 2009.
• Sold homes in 2010 received 92.5% of the asking price, a decrease from 93.5% year-end 2009.

28405 Zip Code

• The average selling price of $276,251 increased 10.5% from year-end 2009 average selling price of $250,111. The best of all the zip codes.
• 28% of sellers in 2010 paid a concession compared to 22% for year-end 2009.
• The average list price of $298,717 for 2010 increased 12.3% from year-end 2009 average list price of $265,960. The best of all the zip codes.
• The average number of days a property remained on the market for 2010 was 136 days, compared to 138 days for year-end 2009.
• The median sold price of $175,000 for 2010 decreased 2.8% from year-end 2009.
• Sold homes in 2010 received 92.4% of the asking price, a decrease from 94.0% for year-end 2009.

28409 Zip Code

• The average selling price of $290,323 decreased .3% over year-end 2009 average selling price of $291,089.
• 19% of sellers in 2010 paid a concession compared to 19% in year-end 2009. The best of all the zip codes.
• The average list price of $310,292 for 2010 decreased .7% over year-end 2009 average list price of $312,455.
• The average number of days a property remained on the market for 2010 was 130 days, compared to 133 days for year-end 2009.
• The median sold price of $237,000 for 2010 increased .9% from year-end 2009.
• Sold homes in 2010 received 93.5% of the asking price, an increase from 93.1% for year-end 2009.

28411 Zip Code

• The average selling price of $295,135 increased 3.4% over year-end 2009 average selling price of $285,407.
• 33% of sellers in 2010 paid a concession compared to 22.0% in year-end 2009.
• The average list price of $310,732 for 2010 increased 1.7% over the year-end 2009 average list price of $305,422.
• The average number of days a property remained on the market for 2010 was 113 days, compared to 126 days for year-end 2009. The best of all the zip codes.
• The median sold price of $223,000 for 2010 increased 3.7% from year-end 2009. The best of all the zip codes.
• Sold homes in 2010 received 94.9% of the asking price, an increase from 93.4% for year-end 2009.

28412 Zip Code

• The average selling price of $192,063 decreased .9% over year-end 2009 average selling price of $193,872.
• 31% of sellers in 2010 paid a concession compared to 27% in year-end 2009.
• The average list price of $201,121 for 2010 decreased .8% over the year-end 2009 average list price of $202,816.
• The average number of days a property remained on the market for 2010 was 116 days, compared to 139 days for year-end 2009.
• The median sold price of $165,000 for 2010 decreased 5.7% from year-end 2009.
• Sold homes in 2010 received 95.50% of the asking price, a decrease from 95.59% for year-end 2009.

28451 Zip Code

• The average selling price of $217,300 decreased .5% over year-end 2009 average selling price of $218,553.
• 32% of sellers in 2010 paid a concession compared to 31% in year-end 2009.
• The average list price of $221,983 for 2010 decreased .3% over the year-end 2009 average list price of $222,802.
• The average number of days a property remained on the market for 2010 was 113 days, compared to 124 days for year-end 2009.
• The median sold price of $190,060 for 2010 increased 3.6% from year-end 2009.
• Sold homes in 2010 received 97.8% of the asking price, an decrease from 98.0% for year-end 2009.  The best of all the zip codes.

Summary

During 2010, we experienced a positive increase in the average sold price compared to 2009 by 3.2%. We also had an increase of 2.4% in the number of homes sold over 2009. 

Three of the zip codes we analyzed had average sold price increases from .8% to 10.5% over year-end 2009 while the other three zip codes had average sold price decreases from .3% to .9%. This is excellent progress for our local market; the three zip codes that had price decreases were all less than 1.0%. One year ago, we were looking at decreases of 9.9% to 24.2% for these different zip codes. Only two zip codes had an increase in the list to sales price ratio for the 2010 while four had a slight decrease from year-end 2009. Three zip codes had an increase in average list price from 1.7% to 12.3% over year end 2009.

Concessions offered to buyers were offered in 19% to 33% of the transactions in 2010. Our median sales price for 2010 ($195,000) reflects a gain of 2.7% from year-end 2009 ($189,900). Our overall average days on market was 123 days, a decrease of 9 days from year-end 2009. Sellers in 28451 got about 97.8% of their asking price while those in 28405 only got 92.4% of their asking price. Four zip codes had an increase in units sold over 2009.

The last two years will be looked at as the years in which our market bottomed out and started to stabilize. 2011 presents us with a housing opportunity that makes it the most affordable in generations. Contact a REALTOR® today to help you take advantage of this once in a lifetime opportunity. Now might be your best chance ever to achieve the American dream of homeownership. Visit www.THEwilmingtonMLS.com to find a REALTOR® and begin searching for your new home online.

An Analysis of information from the Wilmington Regional Association of REALTORS® Incorporated, for the period Jan. 1, 2005 through December 31, 2010 – data pulled on January 17, 2011.

General Market Observations:

These past few weeks have seen a nice uptick in showing activity. The key ingredients to having buyers look at your home include: 1) Curb Appeal, 2) Quality Photography, 3) An accurate Home Value Assessment.  From here, the floor plan, the specific location, and interior features take over!

This week I thought it would be helpful to share a summary of several recent sales, so you can know more about the specific features and design elements that resulted in recent sales.

1012 S Fort Fisher Blvd – Sales Price $815,000 (List Price = $850,000)

Property Description – This home is on a larger lot, it is very well landscaped and has amazing ocean views! It was custom built by Windjammer Construction.  It has a reverse floor plan (kitchen/living/dining on top floor) with 5 bedrooms and 4.5 baths and  ~3,400 sq ft. Inside offered Cape Fear Riverwood floors, an elevator, granite counter tops, KitchenAid stainless appliances and custom Kraftmaid cabinetry. It also offered granite bath vanities, 5ft bead board, custom doors, and wiring for sound. There is a granite coffee bar in the 2nd floor foyer. Exterior amenities include professional landscaping & irrigation, outdoor shower, Bahama shutters, an in-ground pool with in-pool lighting & audio speakers. There is a whole house Culligan water softener system. This home is Energy Star compliant w/ Low-E glass windows, blown-in insulation, TechShield radiant barrier. ### (END) ###

1103 Bowfin Ln #1 - Sales Price $345,000 (List Price= $350,000)

This is a great beach home that is located on a side street with no thru traffic; Steps to the beach and Tiki Bar.  It has ocean views from up top. It has a real nice location with green grass, mature palm trees and a yard.  Inside is impressive with its four bedrooms, three full baths, and a large living area. Wood and tile floors, cozy carpet in the bedrooms. There is a designer kitchen with a beautiful granite. Lots of natural light flows throughout the home. There is also gas fireplace, beadboard trim, Bahama shutters and outdoor an shower. There is elevator access on all floors which can be a very desirable feature. Nicely built with quality siding, a metal roof and dual HVACs for energy efficiency. As an added bonus three is a game om (unfinished) on the ground floor. It offers a hard to beat location that provides privacy, and beach access just steps away.  ### (END) ###

901 S Lake Park Blvd #203  – Sales Price $245,000 (List Price = $255,000)

This second floor Paradise Towers unit sold quickly. It’s a solid building with elevator access! There is an ocean front pool and unobstructed ocean views from this beautiful 2BR / 2BA condo. Its nice inside, with ocean views from two large sliding glass doors.  These doors lead to a covered balcony. The master bedroom overlooks the ocean, as does the living room. There are tile floors. This condo was sold furnished, which makes moving in easy!  Ideal for a weekend get-aways, as well as for rental purposes. Desirable south-of-lake location. ### (END) ###

333 S Fort Fisher Blvd #B – Sales Price $760,000 (List Price= $800,000)

Stunning ocean front beach residence. This is a really nice and well built townhome. The home inspector said “this is one of the best built properties I have seen at the beach” (PS – Unit #A is also available for sale). Beautiful views of the ocean and the Kure Pier. This is a popular  location south of town, and within walking distance of dining and activities. Gorgeous architecture both inside and out. Tons of deck and patio space to enjoy the outdoors, ocean breezes and the sights of Kure Beach! Inside offers 6 spacious edrooms, and 4 full baths. There is an elevator for easy access. An open kitchen overlooks the living and dining area making this ideal for family gatherings and entertaining. Gas fireplace. Many nice touches inside including gorgeous granite in kitchen and bath. Wood floors. Tiled baths. Quality appliances. There is also a garage for extra storage. Quality built. Construction grade rated an A - Excellent Quality) by New Hanover County. The town home also was designed to accommodate those in wheel chairs, which is a very important feature to provide. ### (END) ###

1200 St Joseph St #42 - Sales Price $360,500  (List Price = $360,000)

This is a waterfront end-unit townhome with amazing views. It actually received multiple offers and I SOLD if for slightly above asking price This unit has been renovated with new hardwood floors, side by side French doors in the master bedroom, completely updated bathrooms with granite vanities and a stylish kitchen with tile backsplash. The interior is top-notch with high quality touches and trim work! There was a fireplace too. In addition, it came with a 33 foot boat slip just out your back door, along with a garage for storage. The views are spectacular overlooking the sound. There are two large decks. In Forest By The Sea you are also close to the beach, and in a very lovely community featuring established landscaping. On a warm day, you can take a dip in the pool that overlooks the waterway! ### (END) ###

101 Seawatch  Way – Sales Price $605,000 (List Price = $625,000)

This was a nice home in Seawatch, one of the initial homes built in the neighborhood. The layout & floor plan are ideal; Two bedrooms on the first floor; two on the second, and a master suite on the third. There is also a home office are built off the master bedroom, and access to a roof top deck. Real nice views of the ocean front the crow’s nest! The living room is surrounded on three sides decks, including a screened porch. There is a reading nook with a gas fireplace. The kitchen overlooks the living and dining areas and offers granite counter tops & Kitchen Aid appliances. There is a lot of storage space in this home, along ith a workshop and an indoor/outdoor room under the carport. The carport is designed to allow relaxing breezes to flow through, and can accommodate four cars. With its coastal design and style, and location in  a popular neighborhood, this was great home! ### (END) ###

409 Canal Dr – Sales Price $358,000 (List Price = $368,000)

This water front condo offered 3 bedrooms, and 2 baths on a single level floor plan. A High Quality Condo, Very Nice Inside. Wood & Tile floors. Gas fireplace. Quality fixtures and finishes. Fire safety sprinkler system. There is a 40ft deep, and extra wide boat slip that is just out the back door. From this home you are also just one block to the beach.  Some buyers really like this location…with your boatslip on one side, and the ocean on the other! There are magical sunsets over the water from the large screened-in deck that overlooks the canal…where the owners can watch the boats go by.

###

Your Real Estate Market Report is provided by Justin Donaton of Coastwalk Real Estate. Data 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, Carolina Beach and Kure Beach 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.

One of the questions I hear most is “What if I owe more on my home than it is worth?” Here is my answer: If you enjoy living in your home and are able to make your payments, then the answer is “nothing.”  Over time the market will rebound, and between now and then you should enjoy your home and this beautiful area where we live!

However for homeowners who need to sell, and who owe more on their home than it is worth, a short sale can be an excellent solution. In the past, it was rare for a bank or lender to accept a short sale. Today, due to overwhelming market changes, banks have become more negotiable when it comes to these transactions.

But to be technical, here's a more official definition: A homeowner is 'short' when the amount owed on his/her property is higher than current market value. A short sale occurs when a negotiation is entered into with the homeowner's mortgage company (or companies) to accept less than the full balance of the loan at closing. A buyer closes on the property, and the property is then 'sold short' of the total value of the mortgage.                        

For homeowners to qualify for a short sale, they must fall into all of the following circumstances:

Financial Hardship – There is a situation causing you to have trouble affording your mortgage.

Monthly Income Shortfall – In other words: "You have more monthly expenses than monthly income." A lender will want to see that you cannot afford, or soon will not be able to afford, your mortgage.

Insolvency – The lender will want to see that you do not have significant liquid assets that would allow you to pay down your mortgage.

This seems simple enough, but it is a complicated process that takes the expertise of experienced professionals. As a licensed Broker, I have been specially trained to save homeowners from foreclosure, and avoid "7 years of bad luck."  If you know anyone in this situation, please have them contact me for help: 910-352-0998.

Shifting gears… no matter what the situation, if you are selling your home studies show nearly 90% of BUYERS perform a portion of their home search on-line. For that reason if you are selling make sure your home is advertised extensively on-line. The graphic below displays some of the more than 30+ websites that I market your home on. Make sure your home is seen on the most popular websites including REALTOR.com,  Google, YAHOO, AOL,  Zillow and more! 

Also be sure to have a property specific website and a virtual tour set-up – JUST FOR YOUR HOME. This can be one of the best marketing tools!

Carolina Beach, NC:

In Carolina Beach, there have been 15 single family homes to have  SOLD through March 2011. The high price is over $500,000 and the average price per square foot is $171.

With regards to condos, there have been 28 condos sales this year in Carolina Beach. The high price is $427,000 on Carolina Beach Ave North. There have been 14 home sites that have SOLD (this number is up considerably from last year).

A sign of good activity…here are currently 45 homes / condos that are PENDING or under DUE DILIGENCE, and 11 home sites that are PENDING.  

Kure Beach, NC:

In Kure Beach, eight single family homes have SOLD as of 3/30/11, with a high price of $935,000. The average price per square foot is $192.

In Kure Beach this year there have been three condos to sell (all in Ocean Dunes) and five home sites. Two of these in Live Oak Village, and three in Seawatch.

For Kure Beach, the activity is increasing as well. There are currently 23 homes / condos that are PENDING or are under DUE DILIGENCE, and 2 home sites.

The links below are for Carolina Beach Real Estate. Find homes in Carolina Beach, North Carolina. Ocean front Carolina Beach Homes and all Carolina Beach Real Estate!

Carolina Beach Real Estate - Carolina Beach homes for sale

Carolina Beach Real Estate - Carolina Beach land for sale

Carolina Beach Real Estate - Carolina Beach condos for sale

Carolina Beach Real Estate - Carolina Beach, Carolina Sands homes for sale

Carolina Beach Real Estate - Carolina Beach, Seagrove homes for sale