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Archive for June, 2016

Buying and Selling Trends in Coastal North Carolina

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Which types of homes are selling well in 2016? What are the expectations for price growth in the future? What are Wilmington’s statistics as far as the local market is concerned?

Ken Kirkman, General Manager of Landfall Realty, Wilmington, NC discusses these topics and more during a Landfall property owners presentation in early 2016. Kirkman also talks about Wilmington’s latest development, River Lights. Brunswick County is spending millions in marketing the advantages of living in Brunswick County, but will their marketing efforts work? Watch the video to find out.

If you’re interested in the latest trends and how they affect you, contact Coastal Realty Connections for more information about buying and selling in Coastal North Carolina. 

Keys to Buying and Selling Real Estate in 2016

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Is there hope for the growth of the real estate market? Should we be optimistic about the future of real estate? How does real estate relate to the 2016 presidential election?

In this video Ken Kirkman, General Manager of Landfall Realty in Wilmington, NC, answers these questions and more in a speech to Landfall property owners. For insights on the current sentiment and economic outlook for 2016, check out the full speech. For a free market analysis of buying or selling in our local market, contact Coastal Realty Connections today.

Tips for Listing Your Home

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In 2016, the real estate market has shifted once again, and sellers are finding more favorable conditions for listing their homes.

In this video Ken Kirkman, General Manager of Landfall Realty in Wilmington, NC, explains the ins and outs of the “seller’s market” in a speech to Landfall property owners. For tips on listing your home in 2016, check out the full speech. If you’re ready to list your home, contact Coastal Realty Connections and let us assist you in the process.

4th of July Festivities

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It’s no surprise that coastal North Carolina shines in the summer. Between our beautiful beaches, historic cities, and bustling downtowns there’s always something to do, see, or celebrate. At Coastal Realty Connections, we make it our personal mission to fit as much excitement into our summers as possible and enjoy all our area has to offer. To help you do the same, we’re rounded up some of our favorite local events, including Fourth of July celebrations. Check them out and let us know how much fun you had!

Southport and Oak Island

Southport 4th of July Festival

June 24—July 4, Southport Waterfront

The patriotic spirit of America is alive and well in the City of Southport. For over 200 years this small maritime community has celebrated our nation’s independence in a big way. Incorporated as the official North Carolina 4th of July Festival in 1972, this event focuses on honoring our nation’s birthday with a little fun thrown in. There are a number of events leading up to the main event, so check out their full schedule. The grand finale is a fireworks show on the 4th, followed by a live band on the Waterfront Stage. It’s a celebration you won’t want to miss!

Wilmington

Wilmington 4th of July Celebration

July 4, North Waterfront Park

Not to be outdone by Southport, Wilmington also hosts a fantastic festival for the Fourth. The party starts at 6pm and the fireworks begin lighting up the sky over the Cape Fear River at 9:05pm. For the best view, head to the North Waterfront Park, located at the foot of Harnett Street, and bring a lawn chair or a blanket so you can enjoy the show in comfort.

Port City Rib Fest

August 5—7, Corner of Cowan St & Nutt Street

In its inaugural year, the Port City Rib Fest drew a crowd of over 17,000 people from around the country to taste the nation’s best BBQ, and the fun has continued to grow! Held along the Wilmington riverfront, this three-day festival celebrates great BBQ and music. Enjoy not only ribs but beef brisket, chopped and sliced pork, chicken, sausages and a plethora of side items, desserts and drinks prepared Memphis-style, Chicago-style, Texas-style and more. You won’t find a more delicious festival in North Carolina!

New Bern

New Bern’s July 4th Celebration

July 4, Lawson Creek Park

Each year for the Fourth, the city of New Bern hosts an afternoon full of fun, followed by a spectacular fireworks show. The event begins at 3pm with food vendors, kids’ games, music, and dancing, all leading up to the fireworks show, which starts at 9:15pm. This event is free and open to the public—enjoy!

The Glorious Fourth at Tryon Palace

July 4, 10am—4pm, New Bern

If you like your Fourth of July celebrations with a dose of history, stop by The Glorious Fourth celebration at Tryon Palace. This free event includes historical interpreters, games and crafts for all ages, exhibitions, music, access to the gardens, and a live reading of the Declaration of Independence on the Palace steps.

For more ideas to help you make the most of life in southeastern North Carolina, check our blog regularly. If you’d like to make a permanent home for yourself in this area, contact us today. Our team will help you find and buy your dream house, making it easy to enjoy these fabulous festivals and events all year long

House Prices are on the Rise – It’s Time to Buy!

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Home Prices Up 5.67% Across The Country!

Home Prices Up 5.67% Across The Country! [INFOGRAPHIC] | MyKCM

Some Highlights:

  • Across the country, home prices are up by 5.67%.
  • Each state is appreciating at a different rate, however, which is important to realize if you plan on relocating to a different state.
  • Regionally, prices have appreciated year-over-year by as high as 8.15%.

Let the Coastal Realty Connections team help you find your next real estate purchase. Contact us today.  910-279-9398.

5 Reasons to Hire a Real Estate Pro

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5 Reasons To Hire A Real Estate Pro

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Whether you are buying or selling a home, it can be quite an adventurous journey. You need an experienced Real Estate Professional to lead you to your ultimate goal. In this world of instant gratification and internet searches, many sellers think that they can For Sale by Owner or FSBO.

The 5 Reasons You NEED a Real Estate Professional in your corner haven’t changed but have rather been strengthened due to the projections of higher mortgage interest rates & home prices as the market continues to recover.

1. What do you do with all this paperwork?

Each state has different regulations regarding the contracts required for a successful sale, and these regulations are constantly changing. A true Real Estate Professional is an expert in their market and can guide you through the stacks of paperwork necessary to make your dream a reality.

2. Ok, so you found your dream house, now what?

According to the Orlando Regional REALTOR Association, there are over 230 possible actions that need to take place during every successful real estate transaction. Don’t you want someone who has been there before, someone who knows what these actions, are to make sure that you acquire your dream?

3. Are you a good negotiator?

So maybe you’re not convinced that you need an agent to sell your home. However, after looking at the list of parties that you need to be prepared to negotiate with, you’ll realize the value in selecting a Real Estate Professional. From the buyer (who wants the best deal possible) to the home inspection companies, to the appraiser, there are at least 11 different people that you will have to be knowledgeable with and answer to, during the process.

4. What is the home you’re buying/selling really worth?

It is important for your home to be priced correctly from the start to attract the right buyers and shorten the time that it’s on the market. You need someone who is not emotionally connected to your home to give you the truth as to your home’s value. According to the National Association of REALTORS, “the typical FSBO home sold for $208,700 compared to $235,000 among agent-assisted home sales.”

Get the most out of your transaction by hiring a professional.

5. Do you know what’s really going on in the market?

There is so much information out there on the news and the internet about home sales, prices, and mortgage rates; how do you know what’s going on specifically in your area? Who do you turn to in order to competitively price your home correctly at the beginning of the selling process? How do you know what to offer on your dream home without paying too much, or offending the seller with a low-ball offer?

Dave Ramsey, the financial guru, advises:

“When getting help with money, whether it’s insurance, real estate or investments, you should always look for someone with the heart of a teacher, not the heart of a salesman.”

Hiring an agent who has their finger on the pulse of the market will make your buying/selling experience an educated one. You need someone who is going to tell you the truth, not just what they think you want to hear.

Bottom Line

You wouldn’t replace the engine in your car without a trusted mechanic. Why would you make one of the most important financial decisions of your life without hiring a Real Estate Professional? Contact us today and let us help you buy or sell. 910-279-9398.