Wilmington's Most Expensive Homes for Sale

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188 Beach Rd South

Wilmington, NC 28411

$6,500,000

• 6 bds
• 8 ba
• 5000 + sq ft
• Status: Active
• Listing #: 486834

Oceanfront seven acre estate on exclusive Figure Eight Island with wrap around views of the Atlantic Ocean. Unique and outstanding features radiate l...

Listing courtesy of Century 21 Sweyer & Associates

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Wilmington, NC 28411

$4,800,000

• 4 bds
• 7 ba
• 5000 + sq ft
• Status: Active
• Listing #: 511929

Beautifully renovated, modern ocean front home located on a prime centrally located ocean front lot. This home is a showcase of modern architecture! 4...

Listing courtesy of Figure Eight Realty

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10 Banks Rd

Wilmington, NC 28411

$4,200,000

• 5 bds
• 6 ba
• 3901 - 4000 sq ft
• Status: Active
• Listing #: 509164

Exceptional sound front property located on over an acre, directly across the street from the ocean and situated on the end of a beautiful cul-de-sac ...

Listing courtesy of Figure Eight Realty

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6 Sounds Point Rd

Wilmington, NC 28411

$4,195,000

• 5 bds
• 5 ba
• 4501 - 4600 sq ft
• Status: Active
• Listing #: 516367

Incredible waterfront home on Figure Eight Island. Brand new renovations completed and must be seen. This open and bright 4 bedroom, 5 bath home has g...

Listing courtesy of Intracoastal Realty Corp.

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8 Surf Ct

Wilmington, NC 28411

$3,995,000

• 6 bds
• 8 ba
• 5000 + sq ft
• Status: Active
• Listing #: 445524

Beautiful, upscale, spacious ocean front home. The entry level features large den with wet bar, full bath and play area. Middle level features den wit...

Listing courtesy of Figure Eight Realty

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86 Beach Rd South

Wilmington, NC 28411

$3,950,000

• 4 bds
• 10 ba
• 5000 + sq ft
• Status: Active
• Listing #: 501618

Luxurious Ocean front home with magnificent ocean and sound views. Amenities include spacious living and dining area on several floors, soaring ceilin...

Listing courtesy of Figure Eight Realty

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2043 Trinity Ave

Wilmington, NC 28411

$3,900,000

• 4 bds
• 5 ba
• 3501 - 3600 sq ft
• Status: Active
• Listing #: 514205

A true rare find! Incredible sweeping views of the Intracoastal, ocean, Mason's Inlet, Figure Eight and Wrightsville Beach from this beautiful custom ...

Listing courtesy of Seaside Realty

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206 Beach Rd North

Wilmington, NC 28411

$3,800,000

• 4 bds
• 6 ba
• 4901 - 5000 sq ft
• Status: Active
• Listing #: 511187

Wonderful Nantucket style home situated on a prime ocean front lot. This center island location provides easy access to the Yacht Club, Marina and Ten...

Listing courtesy of Figure Eight Realty

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310 Beach Rd North

Wilmington, NC 28411

$3,450,000

• 4 bds
• 5 ba
• 3901 - 4000 sq ft
• Status: Active
• Listing #: 515343

This magnificent Ocean front home features breathtaking panoramic views from Sunrise to Sunset. All levels including each bedroom with it's own privat...

Listing courtesy of K Sade Realty, LLC

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29 Sandy Pt

Wilmington, NC 28411

$2,999,500

• 0 bds
• 0 ba
• Status: Active
• Listing #: 491505

Rare sound front opportunity! Spectacular views from this sound front building lot located on Figure Eight Island. Private pier and floating dock in p...

Listing courtesy of Figure Eight Realty

What is My Home Worth?

Receive a custom evaluation for your home, including comparisons to other homes that have recently sold or are on the market. This guarantees you receive the most accurate information available. To find out what your home is worth, fill out the information below:

http://www.wilmingtonhousehunter.com/sell/

When you're looking for a partner to help you negotiate the complexities of selling a home, you've come to the right place. The experience, dedication and strong communication you'll receive here will help ensure the successful and profitable sale of your home:
1. The Local Advantage - Take advantage of a broad spectrum of technologies and tools to support the sale of your home from start to close.
2. Internet Advertising - Since the lion's share of home buyers starts their search on the internet, top placement on search engines is essential. You'll gain access to placement on Google, MSNBC, and other websites. This will maximize your exposure and bring a large number of potential buyers to view information about your home.
3. Email Campaigns - It's important to "work the network." We can work together to identify the right people to target your home-and get in touch with them by email to drive excitement and interest.
4. Personal Touch - Of course, technology alone won't sell your home. Face-to-face interaction provides the advantage to sell your home-and you won't have to worry about a thing. The details will be handled with care and constant communication, to ensure the marketing and sale of your home go smoothly.
To find out more about selling your home, visit Selling my home in Wilmington NC.

Home Sales Reached Seven-year High In 2014

More homes sold in 2014 than in any previous year since 2007, according to Wilmington Regional Association of Realtors statistics updated Friday.

“We’re continuing to see evidence that the real estate market is improving, and we are excited about that for our region and for Wilmington in particular,” said Sherri Pickard, who was sworn in Friday evening as this year’s president of WRAR.

Pickard is managing broker for the Coldwell Banker Sea Coast Advantage office at 1001 Military Cutoff Road.

The market for home sales is also improving in the country's Northeast, a trend expected to have an impact on sales locally, she said.

“We should see some additional growth from relocation into southeastern North Carolina because of our climate and our quality of life,” Pickard said.

The total number of units sold in 2014 increased nearly 4 percent from the previous year, from 6,295 in 2013 to 6,544, according to WRAR’s Multiple Listing Service data. Total sales in dollars rose 8.25 percent, from $1.46 billion in 2013 to $1.58 billion last year. The average sales price rose 3.85 percent and the median nearly 7 percent.

The average days on market -- 126 -- in 2014 was the same last year as it was in 2013. But Pickard said she expects to see that number of days go down this year as more homes join the area’s existing inventory.

With interest rates still low, “I think for people who may have been holding off on the selling decision over the past few years, 2015 would be the year to see them make that decision to sell,” Pickard said.

Pickard said she predicts that “the interest rate environment is going to begin to creep up,” which could eventually have an impact on the loan amounts buyers can get.

But recent numbers indicate buyers feel good about interest rates as they stand now.

“Plus jobs have stabilized, and they’re feeling better about making buying decisions,” Pickard said.

In December 2014, 536 homes sold, compared to 517 in December a year earlier, and the average sales price increased from $243,989 in December 2013 to $249,549 for the same month last year, according to WRAR statistics. The median price rose by more than $18,000, from $190,000 in December 2013 to $208,375 in December 2014.
-Wilmington Biz

Handy Wilmington NC Relocation Information

Wilmington NC is nestled between the Atlantic Ocean and the Cape Fear River. With a sixty-two percent raise in population in the last decade, it is a rapidly growing community. Today approximately 97,000 people call Wilmington home. Although this dynamic city has grown and developed, it has retained its small town atmosphere.
The city is famous for its breathtaking beaches, amazing seafood restaurants, and historic plantations; but this city's most enchanting quality are her residents. The people of Wilmington are kind, welcoming, and hardworking; they are proud to call Wilmington home.
The local economy is thriving with companies such as: G.E., Du Pont, and Corning with installations here. There are also a number of smaller technological firms; AAI and Pharmaceutical Product Development are a couple. Through a collaborative effort between local government and private industry, the local economy is robust. This partnership is dedicated to offering local businesses all the assistance and resources needed for success, and it is working.
The cultural opportunities in Wilmington are endless; aquariums, museums, historical sites, festivals, libraries, film studios, theatres, plantations and more can be enjoyed in this richly cultured city. Some of the favorites are the annual Azalea festival, and the Ghost Walk of Old Wilmington. A tourist favorite is following the filming of the hit TV shows Dawson's Creek and One Tree Hill. Currently, the hit series Revolution is being filmed and the major production Iron Man 3 was recently filmed in Wilmington.
Residents enjoy a variety of recreational activities. There are numerous parks and recreation facilities throughout the city. The Boxing and Physical Fitness Center is new to the city, it offers similar activities as local health clubs for a fraction of the price. Greenfield Grind Skate Park is a new skate park created from the hard work of volunteers. Fit for Fun is a parent-child interaction center offering all types of activities. Greenfield Amphitheater is a venue for performances, programs, festivals, and exhibitions for the community.
There are also a number of grassy parks with playgrounds, golf courses, community pools offering swimming lessons and free swim, stadiums and more. There are activities available for all types of recreation, and the temperate climate allows for outdoor recreation any time of year.
Antique shopping is a favorite past-time of locals and tourists, and there are numerous antique shops to choose from. North Carolina is known for its furniture production, and there are many beautiful furniture outlets locally. There are wonderful restaurants in town, many situated along the waterfront; seafood restaurants, fine dining, deli's, family restaurants and everything in between is available.
There are several colleges and Universities in and around the Wilmington area. The University of North Carolina-Wilmington is located in the city, Miller-Motte Business College, and the Cape Fear Community College are all in town. Nearby there are several other Universities to choose from.
There is an impressive public education system in the city, along with a large number of private schools available. The teachers and community strive for success in education, and the district's national test results reflect their hard work and pride.
Wilmington is a wonderful city for family, business, and recreation. It is rapidly growing and expanding. The city's rare combination of small town charm, high tech business opportunity, and proud citizenry create a highly desirable place to live.
Here are some additional links with Wilmington NC relocation information,
Cape Fear Relocation Guide
Wilmington Demographic info
NC job search
Wilmington area Home Search
Request Free Relocation information
Sell my home in Wilmington NC
Let us know if you need additional information or resources for the Wilmington area.

4 Reasons to Buy Before Spring!

 

The holiday season is behind us, time to focus on what exciting new experiences 2015 can bring! If you are planning on becoming a homeowner, or moving up to the home of your dreams in 2015, here are four great reasons to consider buying a home now, instead of waiting until spring.

1. Prices Will Continue to Rise

The Home Price Expectation Survey polls a distinguished panel of over 100 economists, investment strategists, and housing market analysts. Their most recent report projects appreciation in home values over the next five years to be between 15.1% (most pessimistic) and 32.8% (most optimistic).

The bottom in home prices has come and gone. Home values will continue to appreciate for years. Waiting no longer makes sense. 

2. Mortgage Interest Rates Are Projected to Increase

Although Freddie Mac’s Primary Mortgage Market Survey shows that interest rates for a 30-year mortgage have softened recently, most experts predict that they will begin to rise over the next 12 months. The Mortgage Bankers Association, Fannie Mae, Freddie Mac & the National Association of Realtors are in unison projecting that rates will be up almost a full percentage point by the end of 2015.

An increase in rates will impact YOUR monthly mortgage payment. Your housing expense will be more a year from now if a mortgage is necessary to purchase your next home.

3. Either Way You are Paying a Mortgage

As a paper from the Joint Center for Housing Studies at Harvard University explains:

“Households must consume housing whether they own or rent. Not even accounting for more favorable tax treatment of owning, homeowners pay debt service to pay down their own principal while households that rent pay down the principal of a landlord plus a rate of return. That’s yet another reason owning often does—as Americans intuit—end up making more financial sense than renting.”

4. It’s Time to Move On with Your Life

The ‘cost’ of a home is determined by two major components: the price of the home and the current mortgage rate. It appears that both are on the rise.

But, what if they weren’t? Would you wait?

Look at the actual reason you are buying and decide whether it is worth waiting. Whether you want to have a great place for your children to grow up, you want your family to be safer or you just want to have control over renovations, maybe it is time to buy.

If the right thing for you and your family is to purchase a home this year, buying sooner rather than later could lead to substantial savings. -KCM

 

Search all Wilmington area homes at http://www.wilmingtonhousehunter.com

 

 

Wilmington NC Relocation info

Thinking about a move to the Wilmington NC area? This FREE Relocation package is your total resource for relocation information in the Cape Fear Coast, Wilmington, New Hanover Beaches, Hampstead, Topsail Island, North Brunswick County, South Brunswick County and surrounding areas of North Carolina beach areas and NC coast.
Getting to Know Wilmington and surrounding communities

Top Wilmington Neighborhoods

Area School Systems and Childcare

Healthcare

Employment
and many other fascinating facts and figures that are sure to intrigue the newcomer and long-time resident as well.

To request your FREE info package, visit

http://wilmington-relocation-info.weebly.com

Wrightsville Beach Recognized as One of World's 'Best Surf Towns'

 

WRIGHTSVILLE BEACH, N.C. -- Wrightsville Beach is one of the "World's 20 Best Surf Towns" according to a recent National Geographic list.

According to the publication, overall factors other than just the waves were taken into account when coming up with the list including restaurants, lodging and things to do.

In 2014 National Geographic named Wrightsville Beach one of the country’s best remaining beach towns, and it was also among four N.C. beaches to receive "Superstar Status" by the National Resources Defense Council in 2014.

FHA Lowering Mortgage Insurance Premiums

The Federal Housing Administration (FHA) will be lowering its annual insurance premiums, which it charges to guarantee mortgages, from 1.35% to only 0.85% for all FHA loans with a term greater than 15 years! This decision was designed to bring more first-time homebuyers into the housing market. Lowering the premiums on FHA loans will not only make FHA loans more attractive, but will make home ownership more affordable for many.  

These changes are effective for case numbers assigned on or after January 26, 2015. In addition, FHA will temporarily approve cancellation requests for active FHA Case Numbers within 30 days of the effective date. This does not include single family, streamline refinance transactions that are refinancing existing FHA loans that were endorsed on or before May 31, 2009, as these premiums were already reduced.

HUD MIP CHANGES	Current MIP	New MIP
	Term > 15 Years
Loan Amounts ≤  $625,500
≤95% LTV	1.30%	0.80%
>95% LTV	1.35%	0.85%
Loan Amounts > 625,500
≤95% LTV	1.50%	1.00%
>95% LTV	1.55%	1.05%

  No Change on Terms ≤15 Years

Coupled with On Q Financial, Inc.'s low and NO FICO FHA options, getting a mortgage may be more affordable than ever. Please contact us directly at http://www.wilmingtonhousehunter.com/about/ if you have any questions regarding how these new changes can benefit you.

 

 

 

 

 http://www.wilmingtonhousehunter.com/

New 1 story design to be built in the Ogden area

Introducing the 1 Story Danforth in Village Park!

Stevens Fine Homes is excited to announce the addition of the Danforth home plan to Village Park at West Bay Estates, conveniently located in Ogden!  

This one-story, open floor plan features vaulted ceilings, 3 bedrooms, 2 full bathrooms and a bonus room over the garage with an optional 3rd bathroom. The Danforth comes with 1,658 heated square feet and starts at $186,900!

Village Park is eligible for 100% financing with the USDA loan program. Contact us for more information about this new home plan and any of our available home sites.

Search all Brand New Homes at http://www.wilmingtonhousehunter.com