I Have A Dream | Martin Luther King Parade Downtown Wilmington NC 2014

martin_luther

www.WilmingtonNC-realestate.com

This year’s Martin Luther King parade will be held in downtown Wilmington NC. and it is expected to be bigger than ever.  Over the years the parade and festivities have grown and a new venue should allow more visitors.
The MLK Parade Monday – January 20, 2014 Parade Begins 11:00 NOON Historic Downtown Wilmington Parade starting point: Front St. & Hanover St.  Here is parade route if you would like a pick a spot to watch.  Route

There are many local events leading up to the parade on Monday.  Some of them are:

Friday January, 17 2014 6:30 PM MARTIN LUTHER KING, JR. ANNUAL BANQUET  Wilmington Convention Center 10 Convention Ctr. Dr. Wilmington, NC  Guest Speaker: N.C.  Supreme Court Justice Cherie Beasley  Tickets: $50.00 click to close frame

Saturday January, 18 2014 9:00 AM N.A.A.C.P. / MLK BREAKFAST  UNCW Warwick Center UNCW  Main Campus Wilmington, NC  Guest Speaker: Rev. Curtis Gatewood NAACP HK on J Coordinator Saturday January, 18 2014 11:00 AM - 4:00 PM KIDS FUN DAY  WILLIAM E. MURPHY SPORTS COMPLEX 401 S. 8th Street Wilmington, NC  presented by the: Wilmington Parks & Recreation Dept. (Fun, games, face painting, refreshments for all ages)  Saturday January, 18 2014 11:00 AM - 4:00 PM CAR & BIKE SHOW AND SOUL FOOD COOK-OFF (for grown folk)  WILLIAM E. MURPHY SPORTS COMPLEX 401 S. 8th Street Wilmington, NC  (Best Mortorcycle and Best Antique Car awards)  click to close frame

For more information please visit the website  http://www.mlkjrcelebration-senc10.com/index.htm

Enjoy….

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INSPECTING YOUR HOME | How will a home inspection benefit me?

www.WilmingtonNC-realestate.com


The purchase of a home is the single most costly investment most people make, and you want to know what you are getting for your hard earned money. Inspections are a great way for home buyers to assure themselves that the home they are buying is in good condition.

A real estate agent will not determine the condition of the property. It is your responsibility, as a buyer, to ascertain the condition of the property. A licensed, professional inspector is best qualified to make an unbiased and objective evaluation of the functionality of each item or if it is in need of repair. The seller is not required to repair any items, but in the event he/she chooses not to, then the buyer may terminate.

What will the inspection cover?

An inspection will usually cover, at a minimum, those items specifically mentioned on the offer to purchase and contract. However, the inspector will not limit himself to those items.  Read rest of story here….

Moving On Up | New Buyer Wish List

www.WilmingtonNC-realestate.com

MOVING UP


Today’s Move-Up Buyers Differ From Yesterday’s

If you already own a Wilmington NC real estate home and you’re looking to buy a larger home, you’re a “move-up buyer.” You’re probably a bit different from move-up buyers of yesterday though. Some move-up buyers today are a lot more cautious — and for good reason.

Move-up buyers today are looking for a home to fit their needs because remodeling an existing home to add more space is often more expensive than buying a different home that’s already large enough. That wasn’t the case before and during the housing boom.

Convenience is the name of the game today. Many move-up buyers want to exchange their move-in-ready home for a bigger one in the same, move-in-ready condition. Most move-up buyers today want the ease of simply moving, but not managing a large or potentially complex remodeling project.

Typically, move-up buyers are confident that their personal financial situation is stable and secure enough to allow them to afford a larger property than in the past, but they still demand good value and know home prices intimately. During boom times, move-up buyers counted on steadily increasing salaries (or bonuses) and ongoing, often unrealistic home appreciation to finance their property purchase and upgrades.

Today’s move-up buyers are realistic. Even if they must sell their home for less than they thought they would get (or are underwater with the mortgage and need to come to the closing table with funds), they realize that the move-up home they’re buying is also being sold to them at a lower price than it would have sold for several years ago. Sell for less, buy for less equals a good outcome overall.

Smart move-up buyers of today have learned the mistakes of yesterday’s move-up buyers to take advantage of good values in the real estate market. No matter what your home needs are today, we can guide your home search to find the best value to meet your financial goals and family needs.

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

17th Annual Lumina Daze | Wrightsville Beach NC real estate

lumina wrigthsville beach
Lumina Daze at Wrightsville Beach

17th Lumina Daze


Sunday, August 25, 2013

Blockade Runner Beach Resort

Wilmington Big Band, Dixieland All-Stars, 
The Imitations

From the Wrightsville Beach Museum website:

Click here for 2013 EVENT SCHEDULE

Live auction in addition to the popular Silent Auction.  Live Auction Items Include:

    • Historic Downtown Package – 4 trolley passes, 4 Historic House Museum 3-House passes, an item from the gift shop from each of the 3 houses.
    • Marine Max – boat cruise for an evening
    • Shrimperoo for up to 25:  Courtesy of Lackey Builders, Inc., DC North, Middle of the Island Catering, and Greenville Loop Seafood
    • Painting by Betty Brown
    • Jamis Earth Beach Cruiser Bike
    • Kingoff’s Jewelers – diamond bezel pendant, 14K white gold
    • Stand Up Paddleboard and Paddle
    • Recognition / Memorial Plank in Wrightsville Beach Museum Boardwalk

Silent auction items include:

    • Airlie Gardens – “Summer Fun for Four” includes cooler, blanket, 4 coozies and 4 tickets to one concert in the Airlie Concert Series or admissions to the Gardens
    • Harbor Island Garden Club Harbor Way Gardens Pathway Brick and a HIGC Cookbook
    • Motts Channel Seafood gift basket – gift certificate, t-shirt, cheese grits, cocktail sauce, seafood breading.
    • LM Restaurants gift certificates, t-shirts, canvas bags, coozies, key rings
    • Bill Creasy – photo of Harbor Island, circa 1929
    • Las Olas Mexi-Q Grill gift certificate
    • One Hour Tennis Lesson – with Charlie Owens
    • Necklace by Kay Morgan
    • Two tickets to Wrightsville Beach Scenic Tour Sunset Cruise
    • “Day at the Beach” photo art by Mike Bryand
    • Green Goddess Essentials Basket from Green Goddess Essentials
    • Taste of Wrightsville Beach  – two passes, from Wrightsville Beach Foundation
    • Gift Certificate from Great Outdoor Provision Company
    • Four Personal Training Sessions with Shay Duval – “A Body to Live For”
    • Four Guest passes to the Children’s Museum of Wilmington
    • Three full-day passes for Deep Sea Fishing on “Vonda Kay”
    • Gift Certificate and Dog Treats from Unleashed – the dog and cat store
    • Men’s Seiko Divers Watch
    • Lady’s Seiko Divers Watch
    • Handmade Sterling Silver and Inlaid Opal Surfboard Pendant with Chain
    • Handmade Sterling Silver and Inlaid Opal Dolphin Pendant with Neck Wire
    • Sterling/Gold Mahdi pendant with chain
    • Greenville Loop Seafood Gift Certificate
    • Personal Chef for an evening meal
    • Lovey’s Natural Foods and Cafe Gift Basket

Have a Non Profit in the South and in need of a grant? Apply Here

To All Southern Communities – Need a grant to help your Non-Profit?  FSC might be able to help.  Deadline for grant submission is Sept. 6, 2013.  Applications below.  Full website here.  http://www.fundforsouth.org/fsc/

What We Do

The Fund for Southern Communities (FSC or The Fund) provides the financial resource to help move groups from thought to action. FSC supports small community groups working for environmental justice, anti-racism, women’s rights, youthdevelopment, LGBTQ rights, worker’s rights, civil rights and disability rights and other varied issues that address social change through community organizing. Grantees not only benefit from financial support, but they are also given technical assistance.
FSC is unusual in that it awards grants to community organizations that are working to address the systems and structures that cause community problems. Often traditional charities and private foundations overlook these organizations because their projects are considered too new, the organization too small, or their objectives are too controversial. The Fund is willing to make grants to these groups and organizations because we believe that communities working on their own behalf are powerful forces for change.
2013 Grant Cycle deadline: The September 6th, 2013. Click here to be added to our email distribution list.

To get the Grant Application and Guidelines, Click here.

To get a copy of our Progress Report form, Click here.

 

 

BIG Remodeling Pays Off Better…. to a point| Wilmington NC real estate

www.WilmingtonNC-realestate.com

 

It shouldn’t be a surprise that some Wilmington NC remodeling projects increase a home’s value. What’s news is that homeowners who spend the most on remodeling get a higher rate of return on their investment, according to Harvard University’s Joint Center for Housing Studies.Rates Of Return
Results of the Center’s recent study indicate that projects costing 20% or more of the home’s initial value yielded an average home price appreciation of 23%. Homeowners who spent 10% to 20% of their home’s value on remodeling saw a more modest price increase of 12%. Spending 5% to 10% of home value achieved a 7.5% price increase, an outlay of 2% to 5% earned a 6% increase, and spending 2% or less on remodeling improved home prices by 2.5%.

Tapping Equity
The remodeling industry has been booming for several years, fueled by steady home price appreciation in many areas of the country. As home values have increased, homeowners have been tapping their equity to finance remodeling projects, which in turn have further increased their homes’ values. In addition, home improvements have promised a better return in recent years than many other investment options.

Major Improvements
Larger projects–such as room additions and kitchen makeovers undertaken by upper-income homeowners–have helped push the remodeling industry to a record of more than $135 billion spent in 2002. Established baby boomers are choosing to remodel rather than move away from friends, relatives and work venues. Immigrants and 20-somethings have been taking advantage of low mortgage rates to buy starter homes, then improve them according to their tastes and needs.

Caution Advised
If you are tempted to spend a lot improving your home in order to get the best return, be careful not to “over-improve.” Real estate experts advise that the return on your remodeling investment is likely to be lower if your remodeled home exceeds the value of comparable properties in the area by more than 20%. (Give us a call to find out what your home would be worth after remodeling.)

Done well and wisely, your remodeling project could result in a more comfortable home to live in and a nice financial return when you sell. If, however, your remodeling project will take the value of your home well beyond that of neighborhood homes, you might be better off selling your current home and buying a new one with the amenities you want.