Friday, October 22, 2021 / by Anne Rose
Southport, North Carolina
Courtesy of Google maps, retrieved Oct 22 2021
Southport, North Carolina, is a city on the western bank of the Cape Fear River, near the mouth where the Intracoastal meets the Atlantic Ocean. The city is about 2 miles inland from the Ocean. Southport is connected to Pleasure Island, with the cities of Fort Fisher, Kure Beach, and Carolina Beach, and the city of Wilmington, via the Southport-Fort Fisher car ferry that goes back-and-forth across the river. Southport is in Brunswick County, with a 2018 census population of 3,828.
Find Your Next Home in Southport, North Carolina
A search for homes in Southport North Carolina results in almost 500 active listings, covering a wide range of real estate for sale: multi-million dollar acreage on Ferry Road, $1.5 Million homes on the Intracoastal Waterway in St. James Plantation (one of North Carolina's premier master planned communities), new construction single family residences at a v ...
Friday, October 15, 2021 / by Anne Rose
Hampstead, Wilmington, North Carolina
Courtesy of Google maps, retrieved Oct 8 2021
Although locals refer to "Hampstead" as if it is a city, Hampstead is actually an unincorporated community within the Wilmington Metropolitan Statistical Area, in Pender County. Between Wilmington and Jacksonville, Hampstead lies along the Atlantic coast and U.S. Route 17.
Pender County has big plans for Hampstead, with an expanded county water system, and additional sewer systems. NCDOT has proposed a Hampstead bypass that would tie into the new I-140 Wilmington bypass. Highway 17 was recently upgraded to a 4-lane road in an effort to accommodate area growth.
Hampstead is just minutes from the beautiful beaches of Topsail Island, with the resort-style attractions of Surf City, Topsail Beach, and North Topsail.
Find Your Next Home in Hampstead, North Carolina
If you are searching for homes for sale in Hampstead NC pulls up 478 listings. At the top of the price range is buil ...
Friday, October 8, 2021 / by Anne Rose
Surf City, North Carolina
Courtesy of Google maps, retrieved Oct 8 2021
Surf City, located on Topsail Island, is actually in two counties, Pender and Onslow. The Pender County piece of Surf City is in the Wilmington Metropolitan Statistical Area, and the Onslow County portion is in the Jacksonville Metropolitan Statistical Area.
The Surf City population in the 2010 census was 1,853.
Surf City encompasses 5.3 square miles, of which 4.2 are land and 1.1 is water. The city has recently annexed land west of Highway 17, which extends the town limits.
Find Your Next Home in Surf City, North Carolina
In mid-October 2021, a search for homes for sale in Surf City NC resulted in 194 listings. For $2.25 million, you could enjoy a 4800+ square foot home that sleeps 27 and boasts 360 degree views from three levels. If you have money to spend, there are plenty of other million dollar homes on the island for your consideration. Lots in Surf City are listed from $40,000 to ...
Wednesday, September 29, 2021 / by Anne Rose
Updates and Happenings from beautiful Southeastern Coastal North Carolina.
"You can shake the sand from your shoes, but it will never leave your soul."
Market Expertise | Real Estate Market Trends
I think the challenge... is that the people who are saying, "I'm just going to wait a year or two," may end up waiting three or four years to get to an environment where there's more availability of homes on the market. I think consumer sentiment, which is printing at a 30% optimism rate, is really, really low. It's near 30 year historic lows for consumer sentiment saying that now is a good time to buy a house...
A lot of external forces are pushing and pulling on the market. But there's no weakness in the real estate market. There's no risk of any kind of a collapse, because when you look at the risk analysis that the banks have right now, the number of mortgagees that are in default or in forbearance is miniscule. And even though lending standards have loosened just ...
Thursday, September 23, 2021 / by Anne Rose
Kirk Pugh, with Real Estate state-of-the-market observations, at the end of the third quarter for 2021:
Let's talk about this crazy housing market some. I'd like to run through some statistics because I'm kind of a numbers nerd. And then we'll talk about something a little less quantifiable, although still supported by some of the numbers that the research analysts at Morgan Stanley have put together.
There's been a little bit of chatter, and there have been some rumblings in some of the mastermind groups that I'm a part of, that the market has slowed some, and the numbers kind of support that. So I'd like to talk about the numbers and then talk about why I think the numbers are what they are.
Let's just look at numbers again. These are through July because Morgan Stanley's research always runs about a month behind.
Existing home sales: down nine and a half percent month-over-month for the year
New home sales were down significantly - almost 20%
Purchase mortgage applicati ...