Kure Beach NC | Sales Up But Inventory Low

Now might be a good time to sell your Kure Beach home.  The  number of sold homes rose from July to August 2013.  The inventory is low, which will help your chances of selling in this market.  To search all Kure Beach Listings, please visit http://cbbaker.com/kureBeach

 
 
 
 
 

 

  Curnt vs. Prev Month Curnt vs. Same Month 1 Yr Ago Curnt vs. Same Qtr 1 Yr Ago
  Aug. 13 Jul. 13 % Change Aug. 13 Aug. 12 % Change Jun. 13 to Aug. 13 Jun. 12 to Aug. 12 % Change
For Sale 87 90 -3.3%  87 99 -12.1%  89 98 -9.2% 
Sold 9 5 80%  9 7 28.6%  9 5 80% 
Pended 3 9 -66.7%  3 10 -70%  6 7 -14.3% 
Date 6/12 7/12 8/12 9/12 10/12 11/12 12/12 1/13 2/13 3/13 4/13 5/13 6/13 7/13 8/13
For Sale 99 97 99 87 0 77 81 82 80 96 96 96 90 90 87
New Listing 7 15 17 6 9 12 7 9 10 27 15 11 10 13 9
Sold 3 6 7 9 6 6 9 2 4 8 8 10 12 5 9
Pended 5 6 10 6 4 10 5 2 9 5 15 6 6 9 3
Months of Inventory (Closed Sales) 33 16.2 14.1 9.7 0 12.8 9 41 20 12 12 9.6 7.5 18 9.7
Months of Inventory (Pended Sales) 19.8 16.2 9.9 14.5 0 7.7 16.2 41 8.9 19.2 6.4 16 15 10 29
Absorption Rate (Closed Sales) % 3 6.2 7.1 10.3 0 7.8 11.1 2.4 5 8.3 8.3 10.4 13.3 5.6 10.3
Absorption Rate (Pended Sales) % 5.1 6.2 10.1 6.9 0 13 6.2 2.4 11.3 5.2 15.6 6.3 6.7 10 3.4
Avg. Active Price 466 474 488 499 0 486 506 520 507 503 505 501 484 490 477
Avg. Sold Price 275 325 212 310 382 400 369 400 281 485 492 349 313 355 291
Avg. Sq. Ft. Price 173 167 186 177 207 195 187 181 172 204 192 195 194 157 187
Sold/List Diff. % 95 100 88 92 97 83 96 95 98 94 97 96 97 97 95
Sold/Orig LP Diff. % 94 98 87 87 96 79 91 92 97 91 95 90 94 91 93
Days on Market 50 119 122 199 216 222 171 104 82 119 170 241 138 102 169
Avg CDOM 156 119 122 199 216 139 191 194 82 126 170 230 138 102 189
Median 283 269 190 235 350 318 285 400 261 344 348 345 333 275 250
Table Information
Advertisements

How To Look For The Most Affordable Mortgage | #Wilmington NC real estate

http://www.WilmingtonNC-RealEstate.com

 

With lenders quoting a wide variety of interest rates and points, smart mortgage shoppers take a close look when comparing borrowing costs. Sometimes it turns out that the lowest interest rate isn’t necessarily the best buy. Here are some tips: Loupe

  • Compare borrowing costs.
      The simplest way to compare borrowing costs is to ask the lender for the actual annual percentage rate (APR) – the true interest on the loan. The APR consists of the simple interest rate, plus all other charges imposed by the lender. It’s not at all unusual for the APR to be substantially higher than the rate quoted by the lender. What’s more, a simple rate quoted by one lender, although higher than another lender’s advertised simple interest rate, may turn out to have the lower APR.
  • Count the points.
      For the shopper who wants to take into account the cost of points (each point is equal to 1% of the loan amount), an simplified rule of thumb comes in handy: Each point is roughly equal to an interest rate increase of 1/8 of 1% over a payback period of 30 years. Thus, a lender offering a 10% rate with no extra points is offering a better deal than the lender offering, say, a loan at 9 7/8% plus two points. Which is best for you depends on how long you plan to live in the house.

Please call or e-mail us today. We can help you get through all the steps of home buying and selling with the least amount of confusion possible.  Search All Wilmington NC real estate on http://www.cbbaker.com

Live on the water….Believe you can and you’re halfway there. Theodore Roosevelt

Wilmington NC Waterfront Properties
For Advanced Search click “Search Properties Now” Silver Button

Waterfront Homes from $100,000 – $200,000 – Find Here

Waterfront Townhomes and Condo’s from $100,000 – $200,000 – Find Here

Waterfront Homes from $200,000 – $400,000 – Find Here

Waterfront Townhomes and Condo’s from $200.000 –  $400,000 – Find Here

Waterfront Homes from $400,000 – Find Here

 Waterfront Townhomes and Condo’s from $400,000 – Find Here

 Waterview Homes, Townhomes and Condo’s – Find Here

Waterfront and Waterview Foreclosures – Find Here
Waterfront and Waterview Shortsales – Find Here
To Search Different Criteria and Want’s – Find Here 

 To live by the water is devine…

Waterfront Wilmington NC

Real Estate Listings – www.WilmingtonNC-realestate.com

The Cape Fear Region’s many miles of coastline, rivers and sounds offer a wide variety of fishing, watersports and boating activities. And, to maximize the regions waterfront enjoyment, there are many neighborhoods offering waterfront homes in Wilmington, NC with canals, boatslips, and or boatramps. We offer the latest, detailed information on all Wilmington NC waterfront homes and communities offered for sale in Wilmington, NC. So just sit back, relax and click any of these Wilmington waterfront communities to search for your waterfront dream home now.

Waterfront Real Estate in Wilmington NC

Please feel free to contact us with any questions or requests about waterfront homes for sale or waterfront real estate in Wilmington, NC, or any location in the Cape Fear Region. We have lived here all our lives and can help match a neighborhood with a home and schools. We  know where the best shopping is and all the main attractions. If you are looking for a second home or investment property in Wilmington, NC, there are still real deals in the great coastal area, but you will need a real estate expert to help you. We are experienced real estate professional’s who has decades of home buying and selling experience in waterfront properties in Wilmington, NC area.

Marinas and Yacht Clubs

 click here for list

Wilmington NC offers an assortment of Marinas and Yacht Clubs for your boating enjoyment. They are located from Carolina Beach north to Scotts Hill. You can get the details about specifics on each one right here.

For true local and knowledgable service in waterfront homes in Wilmington, NC please contact us today at 1-800-497-7325 Ex. 3607 or email atmailto:kaybaker@seacoastrealty.com

Wilmington, NC Waterfront Neighborhoods

 

Arjean by the Sound
Avalon West
Avenel
Bald Head Island*
Bay Harbor
Bluepoint
Bradley Creek Point
Bridgewater Bluffs
Carolina Bay
Cedar Island
Cedar Landing
Chanel Haven
Channelwalk
Charleston Landing
Demarest Landing
Dolphin Bay
Dunbar Landing
Driftwood Villas
Edgewater Subd
Egret Landing
Elliott Place
Figure Eight Harbour
Figure Eight Island*
Greymarsh Crossing*
Harbor Villa
Headwater Cove
Hickory Knoll
Holiday Hills
Hollyholm
Inlet Park
Inlet Point Harbor Sub*
Inlet Watch Estates*
Intracoastal Watch
John’s Creek
Landfall*
Loder Landing
Marywood
Masonboro Bluffs
Masonboro Harbour*
Masons Bluff
Middle Oaks
Old Chimney
Osprey Point
Oyster Bay
Pelican Reef*
Porter’s Neck
Purviance
Sanddollar Shores
Sandfiddler Point
Saponas Point
Scotts Hill Bluff
Shal-a-Moor
Shandy Point
Shinn Creek Estates*
Shinn Point*
Sounds Edge at Bradley Creek
South East Harbor
Register Place
River Island
Tangle Oaks
The Tides* 
Timber Creek
Towles*
Tidalwalk*
Turtle Hall*
Waterway Lodge
Westportt

TIMING: Seven Buying And Selling Secrets To Know Before You Relocate

Wilmington NC real estate

The secret to a successful relocation is timing — synchronized buying, moving and selling. Good timing just takes a little advance planning that puts you in control. Here are seven relocation secrets to make your move work smoothly for you.

1. Sell First

Ideally, you should sell your current home first in order to have all your financial resources available to purchase your next home. You want to avoid waiting until the closing on your new home forces you to sell your old home under the gun. Note that in some markets today, houses are moving so quickly that sellers will not even consider taking a contingency clause that postpones their sale until the buyer’s home sells. Setting the right price for your home and having a customized marketing plan are your best bets for bringing about a quick sale.

2. Find Out What You Can Afford

{short description of image}While your house is on the market, look at what’s available to buy within your price range in your destination area. Your perfect house is out there, but take as much time as you can to find it. It’s not just the house you’ll have to live with — you’ll want to find out about the neighborhood, the schools, proximity to shopping, etc. before you commit to your next home.

3. Shop For A Loan Before You Shop For A House

Try to lock in the best rate you can find. Get pre-approved for financing so you have more bargaining power when you bid on a house. With a pre-approved loan, you’ll be able to go to closing on your new house faster.

4. Coordinate Settlements And Moving Dates

Try to move directly from the old home to the new one. Sometimes you can rent back the old property for a few days or weeks if closing on the new one is delayed. Another alternative is an interim move to an apartment for a short time while waiting to close on the new house.

5. Begin Fix-Ups And Pre-Sale Improvements Early

Have any needed work completed before your house goes on the market. Consider having a home inspection early in the fix-up process so you know what’s important to repair or replace before you set the sales price for your house.

6. Work Closely With Your Agent

Make sure every “i” is dotted and every “t” crossed on time for both closings. You may save time and money for the buyer of your old home with lower “re-issue” fees by referring them to the previous providers of inspections, surveys, title insurance, etc. The information is in your settlement papers. And, if it’s a busy season, line up appointments in advance with the people you’ll need to close on your new house.

7. Avoid The Last-Minute Rush

Call us early. We’ll gather information and provide it to you quickly so you can make informed decisions and workable plans.

USDA 100% Financing in Wilmington NC | Real Estate

Current list of homes in Wilmington NC here.

There is still USDA 100% financing money available on certain homes in the area. This is a possible Scenario –

$100000.00 Purchase Price

2% Guarantee Fee ($2000.00) added to the purchase price equals a financed amount of $102000.00

If the interest rate were 3.875% (APR 4.12%) the principal and interest would be $479.64

***then add the monthly amount of .03% which in this example would be $30.60***

The payment is $510.24 before taxes and insurance

Click Here for a partial list of USDA homes in New Hanover County –

USDA is still an amazing loan and this monthly fee should not discourage buyers from using this program because this is most often the most economical way to purchase a home.

Kristina McLeod

New American Mortgage

USDA Quick Guidelines

· 100% Financing on a low 30 year fixed rate
· No PMI
· 2% Guarantee Fee (Ex. Purchase price $100000.00 +2%=$102000.00)
· Monthly .03% USDA fee (Ex. $100000.00 at .03% =$30.60 per month)
· Borrower cannot own any other properties.
· 640 credit score minimum
· Up to 6% seller concession allowed
· Borrower must meet income restrictions per county. Use $73050.00 for New Hanover and Brunswick. If your income is close to that figure don’t assume they don’t qualify. There are a few exceptions to the rule.
· Try to avoid in ground swimming pools. These can be done on a case by case basis.
· Home must be located in a certain area. http://eligibility.sc.egov.usda.gov/eligibility/welcomeAction.do
This is the place to look to see if the property is eligible. As a general rule, in New Hanover County you would look north of Gordon Rd. and South of Monkey Junction. Almost all of Brunswick county is USDA eligible.To search all homes in Wilmington NC please visit http://www.cbbaker.com

For a quick list of some of the USDA homes in the area – let us know your wants in a home and neighborhood and we can email you a list of available homes asap.

Sparkling Waterfront Vistas | Wilmington NC real estate search engine

swan13
Wilmington NC Waterfront Properties

Waterfront Homes from $100,000 – $200,000 – Find Here

Waterfront Townhomes and Condo’s from $100,000 – $200,000 – Find Here

Waterfront Homes from $200,000 – $400,000 – Find Here

Waterfront Townhomes and Condo’s from $200.000 –  $400,000 – Find Here

Waterfront Homes from $400,000 – Find Here

 Waterfront Townhomes and Condo’s from $400,000 – Find Here

 Waterview Homes, Townhomes and Condo’s – Find Here

Waterfront and Waterview Foreclosures – Find Here
Waterfront and Waterview Shortsales – Find Here
To Search Different Criteria and Want’s – Find Here 

 To live by the water is devine…

 Wrightsville Beach

Deep Waterfront with 2 boat lifts

 

 

608 North Channel Drive | Wrightsville Beach NC Real Estate –SOLD!

Waterfront Wilmington NC

Real Estate Listings

The Cape Fear Region’s many miles of coastline, rivers and sounds offer a wide variety of fishing, watersports and boating activities. And, to maximize the regions waterfront enjoyment, there are many neighborhoods offering waterfront homes in Wilmington, NC with canals, boatslips, and or boatramps. We offer the latest, detailed information on all Wilmington NC waterfront homes and communities offered for sale in Wilmington, NC. So just sit back, relax and click any of these Wilmington waterfront communities to search for your waterfront dream home now.

Waterfront Real Estate in Wilmington NC

Please feel free to contact us with any questions or requests about waterfront homes for sale or waterfront real estate in Wilmington, NC, or any location in the Cape Fear Region. We have lived here all our lives and can help match a neighborhood with a home and schools. We  know where the best shopping is and all the main attractions. If you are looking for a second home or investment property in Wilmington, NC, there are still real deals in the great coastal area, but you will need a real estate expert to help you. We are experienced real estate professional’s who has decades of home buying and selling experience in waterfront properties in Wilmington, NC area.

Marinas and Yacht Clubs

 click here for list

Wilmington NC offers an assortment of Marinas and Yacht Clubs for your boating enjoyment. They are located from Carolina Beach north to Scotts Hill. You can get the details about specifics on each one right here.

For true local and knowledgable service in waterfront homes in Wilmington, NC please contact us today at 1-800-497-7325 Ex. 3607 or email at mailto:bakerwayneassociates@ec.rr.com

Wilmington, NC Waterfront Neighborhoods

 

Arjean by the Sound
Avalon West
Avenel
Bald Head Island*
Bay Harbor
Bluepoint
Bradley Creek Point
Bridgewater Bluffs
Carolina Bay
Cedar Island
Cedar Landing
Chanel Haven
Channelwalk
Charleston Landing
Demarest Landing
Dolphin Bay
Dunbar Landing
Driftwood Villas
Edgewater Subd
Egret Landing
Elliott Place
Figure Eight Harbour
Figure Eight Island*
Greymarsh Crossing*
Harbor Villa
Headwater Cove
Hickory Knoll
Holiday Hills
Hollyholm
Inlet Park
Inlet Point Harbor Sub*
Inlet Watch Estates*
Intracoastal Watch
John’s Creek
Landfall*
Loder Landing
Marywood
Masonboro Bluffs
Masonboro Harbour*
Masons Bluff
Middle Oaks
Old Chimney
Osprey Point
Oyster Bay
Pelican Reef*
Porter’s Neck
Purviance
Sanddollar Shores
Sandfiddler Point
Saponas Point
Scotts Hill Bluff
Shal-a-Moor
Shandy Point
Shinn Creek Estates*
Shinn Point*
Sounds Edge at Bradley Creek
South East Harbor
Register Place
River Island
Tangle Oaks
The Tides* 
Timber Creek
Towles*
Tidalwalk*
Turtle Hall*
Waterway Lodge
Westportt

Wilmington Gives Back | Key to Non-Profit Events

www.cbbaker.com  www.cbbaker.com

Looking for a non-profit group in Wilmington NC? Are you a non-profit group that would like to be listed somewhere?  A wonderful website www.wilmingtongivesback.org is your one stop resource to finding a non-profit group to volunteer or donate.  There is a calendar full of activities ongoing. 

Please visit and think about doing a great service to our great community.