November 2022
The One Question Every Buyer Should Ask
With the Federal Reserve recently increasing interest rates to levels we haven’t seen in two decades, many buyers are wondering if this is the right time for them to get into the housing market. Perhaps the answer can be found in a question- the question every buyer should be asking themselves. Read more
Top 10 Places to Retire in North Carolina
North Carolina is one of the most unique states. From the mountains to the beach, to major metropolitan areas, it really does have something for everyone. That’s one of the reasons the Tarheel State has been growing in popularity among retired folks. A media outlet recently published the top 10 places to retire in North Carolina, and five of the top 10 are in the Wilmington/ Cape Fear region. Read more.
New Hanover County Re-Opens One Park, Breaks Ground on Another Park
New Hanover County residents have a couple more recreational options. The county has reopened the Ogden Skate Park after massive renovations, and this month it broke ground on a new passive park. Read more
Record Breaking Luxury Housing Streak Ends in October
October may have produced another solid sign that the local housing market is slowing down, or perhaps just returning to a normal pace. For the first time in more than two years the luxury housing market in the Cape Fear region failed to post an increase in year-to-year sales. Read More
Featured Town of the Month: Hampstead
Located in between Wilmington and Jacksonville, the unincorporated town of Hampstead has almost doubled in the last decade. People are moving here because of the schools, lower taxes, and because the area offers some of the lowest priced waterfront homes in the nation. Read more.
October Year-to-Year Numbers for Cape Fear Region
Sales are down year-to-year, but prices in the region continue to go up. The median sale price in the Cape Fear Region last month was $375,000, that is an increase of $59,000 from this time last year.
Montage of Greenfield Lake Park
We love sharing work by local artists. These images were taken by photographer T.J. Grady. When people think of the Cape Fear region they instantly think of the beaches. This photo gallery captures the beauty of Wilmington’s Greenfield Lake, which is just outside downtown. See the entire gallery here.
