<?xml version="1.0"?><rss version="2.0"><channel><title>Wilmington North Carolina Real Estate News &amp; Listings Presented By Coldwell Banker Sea Coast Realty</title><link>http://www.thecarolinasfinest.com</link><description></description><lastBuildDate>Wed, 08 Sep 2010 16:10:21 GMT</lastBuildDate><item><title>Great Home For Sale in Magnolia Greens!!!</title><description><![CDATA[<img src="http://www.thecarolinasfinest.com/property/1046-Maplechase-Dr-Leland-North-Carolina/i/237298/0/t?pid=" title="" alt="" style="float:left; padding:3px;" /><p>Welcome to the exclusive resort-like community of Magnolia Greens! This great home located on a private and peaceful cul-de-sac is ready for move in. Floor plan features a split bedroom plan so master retreat has more privacy. Master bedroom is spacious and boasts a large bath and walk-in closet. There is a formal dining area, breakfast nook with sliding glass door that leads out to back patio, living room, laundry room, screened porch and as&nbsp; an added bonus; 730 sq ft unfinished room over garage, which is wired and plumbed for another HVAC unit. The .33 acre yard is beautifully landscaped. There is a 10x12 outdoor storage shed and well for irrigation system. The 2 car attached garage has been sheet rocked as well as insulated. Fabulous community amenities with reasonable HOA dues include 3 pools, tennis courts, fitness center, playground plus year round golf. The one year home warranty completes the package and adds buyer peace of mind. Just minutes into Wilmington &amp; beaches.</p>]]></description><link>http://www.thecarolinasfinest.com/property/1046-Maplechase-Dr-Leland-North-Carolina</link><guid>http://www.thecarolinasfinest.com/property/1046-Maplechase-Dr-Leland-North-Carolina</guid><pubDate>Thu, 24 Jun 2010 13:02:25 GMT</pubDate></item><item><title>Exquisite Georgian Style Brick Townhome w/ Southern Charm</title><description><![CDATA[<img src="http://www.thecarolinasfinest.com/property/1913-Fenwick-Pl-Wilmington-North-Carolina/i/234219/0/t?pid=" title="" alt="" style="float:left; padding:3px;" /><p>Exquisite Georgian style 2 story brick townhome in the beautiful gated community of Drayton Square. This like new home boasts beautiful hardwood floors &amp; upgraded carpeting, bay windows in the kitchen's informal dining area &amp; family room, brick fireplace, plantation shutters on most windows, powder room on 1st floor, French door leading to rear patio &amp; palladium windows. The rooms are spacious &amp; feature a large family room, formal livingroom &amp; dining room. The master bedroom suite is roomy &amp; has 2 French doors leading out to double balconies overlooking the front courtyard, double closets &amp; private bath. BR #2 has its' own private bath &amp; walk in closet. The laundry room is conveniently located between both upstairs bedrooms. A secluded brick patio w/ privacy wall is shaded &amp; peaceful w/ lush gardens &amp; song birds. A recent price adjustment to this fabulous and elegant townhome makes it a must see!</p>]]></description><link>http://www.thecarolinasfinest.com/property/1913-Fenwick-Pl-Wilmington-North-Carolina</link><guid>http://www.thecarolinasfinest.com/property/1913-Fenwick-Pl-Wilmington-North-Carolina</guid><pubDate>Sat, 12 Jun 2010 13:01:58 GMT</pubDate></item><item><title>JUST REDUCED!!!</title><description><![CDATA[<img src="http://www.thecarolinasfinest.com/property/6417-Chalfont-Cir-Wilmington-North-Carolina/i/226493/0/t?pid=" title="" alt="" style="float:left; padding:3px;" /><p>Enjoy the charm of southern living at its finest in this Charleston style home w/ double balconies in the exclusive community of Parkside at Mayfaire. A welcoming foyer leads into a formal dining room &amp; family room. The big open kitchen features beautiful cabinets, granite, stainless steel appliances including a Viking gas range in center island, eat at bar, oversized breakfast nook or Carolina room &amp; large pantry. Lots of upgrades throughout home include recessed lighting, crown molding, newly refinished light oak hardwood floors, solar gate at driveway entrance and spa like master bedroom retreat. Screened porch breezeway connects to detached 2 car garage w/ room above with bath, wet bar &amp; kitchenette. This would make awesome in law quarters / private quest suite. Enjoy relaxing in the L-shaped screened porch. Situated on one of the larger lots &amp; backs up to conservation area. The fenced backyard makes great space for gardening,kids play, pool, or pets. Termite bond &amp; home warranty</p>]]></description><link>http://www.thecarolinasfinest.com/property/6417-Chalfont-Cir-Wilmington-North-Carolina</link><guid>http://www.thecarolinasfinest.com/property/6417-Chalfont-Cir-Wilmington-North-Carolina</guid><pubDate>Sun, 02 May 2010 13:03:05 GMT</pubDate></item><item><title>JUST REDUCED!</title><description><![CDATA[<img src="http://www.thecarolinasfinest.com/property/114-N-6th-St-Wilmington-North-Carolina/i/219767/0/t?pid=" title="Front" alt="" style="float:left; padding:3px;" /><p>Absolutely charming &amp; completely restored home located in historic downtown Wilmington built circa 1885. Updated kitchen, wiring, plumbing, 2 HVAC systems, water heater &amp; sheet rock modified to meet current building codes but maintaining the historical charm &amp; feel of a home built from this era. House features 4 bedrooms, 2 full baths including one w/ classic clawfoot tub, beautifully maintained hardwood floors throughout, 6 fireplaces, bay windows, detailed molding, formal dining &amp; living room, an upstairs family room &amp; private backyard w/ stone patio surrounded by ornamental wood privacy fence w/ wired workshop nearby. Off street parking available accommodating up to 4 cars. The covered wrap around front rocking chair porch adds to the southern charm. Home comes w/ a certified historical Bragg House plaque. House built to be used as a single family home or as a duplex. Live on one side and rent the other!!! This home is meticulous, well maintained &amp; appointed. Great location just minutes from historic downtown with its' cobblestobe streets, river front summer concerts, entertainment, nightlife, fine dining &amp; shopping, many cultural events amd museums and the beaches are&nbsp;just a short drive away. A great opportunity to own a piece of Wilmington history in this elegant and unique home offered at an amazing price! Home warranty and a termite bond add extra piece of mind!</p>]]></description><link>http://www.thecarolinasfinest.com/property/114-N-6th-St-Wilmington-North-Carolina</link><guid>http://www.thecarolinasfinest.com/property/114-N-6th-St-Wilmington-North-Carolina</guid><pubDate>Sun, 04 Apr 2010 13:03:34 GMT</pubDate></item><item><title>1915 Fenwick Pl, Wilmington, NC 28403</title><description><![CDATA[<img src="http://www.thecarolinasfinest.com/property/1915-Fenwick-Pl-Wilmington-North-Carolina/i/219648/0/t?pid=" title="" alt="" style="float:left; padding:3px;" /><p>Gorgeous brick Charleston style end unit townhome located in gated and sought after Drayton Square located just a short walk or bike from Cape Fear Country Club. Truly a gem in the community because this unit has a solarium attached which makes for additional living space! Step into a grand 2 story foyer and notice the detailed moldings, hardwood floors, and recessed lighting throughout most of the home. The updated eat-in kitchen boasts granite counters, cherry cabinets, an island with breakfast area, and stainless steel appliances. Formal living and dining rooms make relaxing or entertaining a breeze! The first floor powder bath was recently redone and features marble floors and new fixtures. The family room could easily become a first floor master with 2 additional bedrooms upstairs. Lots of storage including pull down attic stairs and huge closets. A home warranty has been included for extra peace of mind.</p>
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<FONT  id="pictureDesc" class="mBlackText"></FONT> -->]]></description><link>http://www.thecarolinasfinest.com/property/1915-Fenwick-Pl-Wilmington-North-Carolina</link><guid>http://www.thecarolinasfinest.com/property/1915-Fenwick-Pl-Wilmington-North-Carolina</guid><pubDate>Sat, 03 Apr 2010 13:03:48 GMT</pubDate></item><item><title>6428 Hawksbill Dr, Wilmington, NC 28409</title><description><![CDATA[<img src="http://www.thecarolinasfinest.com/property/6428-Hawksbill-Dr-Wilmington-North-Carolina/i/219219/0/t?pid=" title="" alt="" style="float:left; padding:3px;" /><p>Amazing low country retreat in the exclusive community of Turtle Hall. Tons of coastal charm and privacy, beautiful Intracoastal Waterway and Masonboro views all year long, sits Marsh Front, with a 30 foot boat slip. Inside you will enjoy the vaulted ceilings, windows galore for maximum views, wet bar, stainless steel appliances, hardwood floors, large master suite with whirl pool tub and walk in closet, bay windows, 4 bedrooms and 3.5 bathrooms and a wonderful&nbsp;screened porch. A walk in pantry, craft room, laundry room provides extra storage and space. Off of powder bath is a great space for an office or small play area. Upstairs features 2 more full baths and bedrooms, plus an office or 4th bedroom. Truly appreciate the views from every room in the house. Outside you will find decking, a retractable awning for hot summer days, screened in porch, fenced in back yard, outdoor shower, and another room that is on HVAC system that could be used for extra office, guest, or storage space.&nbsp;State of the art&nbsp; fire &amp; security systems installed with outside motion detection security lighting on all 4 corners of house. Priced to sell with 30 ft boatslip!</p>]]></description><link>http://www.thecarolinasfinest.com/property/6428-Hawksbill-Dr-Wilmington-North-Carolina</link><guid>http://www.thecarolinasfinest.com/property/6428-Hawksbill-Dr-Wilmington-North-Carolina</guid><pubDate>Thu, 01 Apr 2010 13:02:21 GMT</pubDate></item><item><title>15 Nathan Ave 103, Wrightsville Beach, NC 28480</title><description><![CDATA[<img src="http://www.thecarolinasfinest.com/property/15-Nathan-Ave-103-Wrightsville-Beach-North-Carolina/i/211305/0/t?pid=" title="" alt="" style="float:left; padding:3px;" /><p>This furnished one bedroom condo in desirable Wrightsville Beach has stunning ocean views and is priced to sell! This condo has an on site property manager for peace of mind which makes living, vacationing, or renting a breeze! There is a great rental history on the property and it is within walking distance to the Oceanic restaurant and pier. You must see the amazing ocean views and take a dip in the community pool to truly enjoy. Elevator access is an added bonus.</p>]]></description><link>http://www.thecarolinasfinest.com/property/15-Nathan-Ave-103-Wrightsville-Beach-North-Carolina</link><guid>http://www.thecarolinasfinest.com/property/15-Nathan-Ave-103-Wrightsville-Beach-North-Carolina</guid><pubDate>Sun, 21 Feb 2010 15:02:20 GMT</pubDate></item><item><title>2801 Bloomfield Ln 102, Wilmington, NC 28412</title><description><![CDATA[<img src="http://www.thecarolinasfinest.com/property/2801-Bloomfield-Ln-102-Wilmington-North-Carolina/i/196919/0/t?pid=" title="" alt="" style="float:left; padding:3px;" /><p>Amazing value on this 3 bedroom, 2 bath, plus sunroom condo in premier community! Bellingham Park features state of the art amenities without the pricey dues! This first floor unit features 9 ft ceiling, sunroom and formal dining area. It is the largest of the floor plans available and price below value for a quick sale. Upgrades and features include, granite counter tops, upgraded cabinets, stainless steel appliances, including refrigerator, new paint, carpet, washer and dryer are included, and ceramic tile floors in the kitchen and baths. The clubhouse features 24 hour fitness center, swimming pool with extended sun deck, Movie Theater, Business Center, gathering room, and tennis courts. A home warranty and alarm system installed&nbsp;are included for extra peace of mind.&nbsp; Conveniently located to everything Wilmington has to offer and minutes to area beaches. Extremely pet friendly.This is an&nbsp;great deal for a unit like this in a private community with so many amenities.</p>]]></description><link>http://www.thecarolinasfinest.com/property/2801-Bloomfield-Ln-102-Wilmington-North-Carolina</link><guid>http://www.thecarolinasfinest.com/property/2801-Bloomfield-Ln-102-Wilmington-North-Carolina</guid><pubDate>Sat, 21 Nov 2009 15:03:48 GMT</pubDate></item><item><title>1162 Sable Loop, Bolivia, NC 28422</title><description><![CDATA[<img src="http://www.thecarolinasfinest.com/property/1162-Sable-Loop-Bolivia-North-Carolina/i/169035/0/t?pid=" title="" alt="" style="float:left; padding:3px;" /><p>Short sale lot. Price Very Low! Awesome neighborhood in desirable location. Lake views in custom section in the heart of the community. Amenities include pool, tennis, and club house. Build your dream home today!</p>]]></description><link>http://www.thecarolinasfinest.com/property/1162-Sable-Loop-Bolivia-North-Carolina</link><guid>http://www.thecarolinasfinest.com/property/1162-Sable-Loop-Bolivia-North-Carolina</guid><pubDate>Fri, 19 Jun 2009 13:04:08 GMT</pubDate></item><item><title>Real Estate Prices Increase</title><description><![CDATA[<p>RISMEDIA, July 14, 2008-Amidst the gloom on Wall Street about housing someone forgot to check the stats. The National Association of Realtors&reg; has now reported four straight months of rising housing prices, but it seems no one is listening.</p>
<p>According to NAR statistics, the median home price has fallen from a high of $230,200 in July 2006 to a low in February 2008 at $195,600, a drop of 15%. Since February, however, it has risen steadily every month. By May the index (which will be revised on July 24) had risen to $208,600, up $13,000 and a full 6.6%. Another indicator, the mean home price (otherwise known as the average home price), has also shown strength and has risen from a low of $242,000 also in February of this year to $253,100, a rise of $11,100 or 4.5%. It, too, has risen every month since February of this year.</p>
<p>&ldquo;I just don&rsquo;t know where Wall Street&rsquo;s brains are today,&rdquo; said David Michonski, CEO of Coldwell Banker Hunt Kennedy in New York City. &ldquo;Everyone on the Street is wringing their hands over housing when in fact the average American has been out this spring buying homes and pushing the median price higher. This has got to go down as one of Wall Street and Main Street&rsquo;s biggest disconnects in history.&rdquo;</p>
<p>In addition, on an annualized basis the volume of home sales has also risen somewhat from a low of 4,890,000 homes in January to 4,990,000 in May.</p>
<p>&ldquo;Rising prices on expanding volume should not a crisis make on Wall Street,&rdquo; says Michonski.</p>
<p>So why the crisis?</p>
<p>&ldquo;They say that there are bulls and bears on Wall Street but there are also pigs. Pigs try not just to profit from a crisis but create one to profit from. Today there are just so many people who have positioned themselves to profit from a crisis that they refuse to admit the reality of what is happening on Main Street. It might hurt their positions.&rdquo;</p>
<p>Is this the bottom?</p>
<p>&ldquo;No one can know for sure, but the hard data is clear. The median price has risen four straight months. The average American is out there taking advantage of bargains in their local real estate market. They are not listening to Wall Street but following their own belief that the best time to buy is when no one else is, and they are out there buying. If this keeps up, February may prove to have been the low in prices.&rdquo;</p>
<p>&ldquo;It is possible that it will not be Hank Paulson or Ben Bernanke who will pull this country out of a housing recession, but the good common sense of the average American whose affordability to buy a home is at a five year high and is acting on it.&rdquo;</p>]]></description><link>http://www.thecarolinasfinest.com/Blog/</link><guid>http://www.thecarolinasfinest.com/Blog/</guid><pubDate>Thu, 31 Jul 2008 15:50:00 GMT</pubDate></item><item><title>Wilmington 20th Fastest Growing City!</title><description><![CDATA[<font color="#000000" size="2"><span style="FONT-SIZE: 9.5pt; COLOR: black">RALEIGH (AP) -- <strong><span style="FONT-WEIGHT: bold">The Raleigh and Charlotte regions are among the Top 10 fastest growing metropolitan areas in the country.</span></strong></span></font>
<div style="BACKGROUND: white; MARGIN-BOTTOM: 0.15in; MARGIN-LEFT: 0in; LINE-HEIGHT: 18pt; MARGIN-RIGHT: 0in" align="center"><font color="#000000" size="2"><span style="FONT-SIZE: 9.5pt; COLOR: black"></span></font></div>
<div style="BACKGROUND: white; MARGIN-BOTTOM: 0.15in; MARGIN-LEFT: 0in; LINE-HEIGHT: 18pt; MARGIN-RIGHT: 0in" align="center"><font color="#000000" size="2"><span style="FONT-SIZE: 9.5pt; COLOR: black">U.S. Census Bureau data shows the Raleigh area ranking third with a 4.7 percent growth rate between 2006 and 2007. The region includes Wake, Johnston and Franklin counties, and it grew by more than 47,000 people.</span></font></div>
<div style="BACKGROUND: white; MARGIN-BOTTOM: 0.15in; MARGIN-LEFT: 0in; LINE-HEIGHT: 18pt; MARGIN-RIGHT: 0in" align="center"><font color="#000000" size="2"><span style="FONT-SIZE: 9.5pt; COLOR: black">Charlotte</span></font><font color="#000000" size="2"><span style="FONT-SIZE: 9.5pt; COLOR: black"> ranks ninth with a growth rate of 4.2 percent. The six-county region includes parts of South Carolina and gained more than 66,700 people during the year.</span></font></div>
<div style="BACKGROUND: white; MARGIN-BOTTOM: 0.15in; MARGIN-LEFT: 0in; LINE-HEIGHT: 18pt; MARGIN-RIGHT: 0in" align="center"><font color="#000000" size="2"><span style="FONT-SIZE: 9.5pt; COLOR: black">State demographer Bill Tillman told the News &amp; Observer of Raleigh the data isn't surprising. He said both areas have been growing rapidly for years but cautioned that the numbers are a year old and the growth rates are based on a short time period.</span></font></div>
<div style="BACKGROUND: white; MARGIN-BOTTOM: 0.15in; MARGIN-LEFT: 0in; LINE-HEIGHT: 18pt; MARGIN-RIGHT: 0in" align="center"><strong><font color="#000000" size="2"><span style="FONT-WEIGHT: bold; FONT-SIZE: 9.5pt; COLOR: black">The next fastest-growing region in North Carolina was Wilmington, ranked 20th nationally.</span></font></strong><font color="#000000" size="2"><span style="FONT-SIZE: 9.5pt; COLOR: black"> Asheville ranked 100th.</span></font></div>
<div style="BACKGROUND: white; MARGIN-BOTTOM: 0.15in; MARGIN-LEFT: 0in; LINE-HEIGHT: 18pt; MARGIN-RIGHT: 0in" align="center"><font color="#000000" size="2"><span style="FONT-SIZE: 9.5pt; COLOR: black"><br />
Information from: The News &amp; Observer, <a title="blocked::http://www.newsobserver.com/" target="_blank" href="http://www.newsobserver.com/">http://www.newsobserver.com</a></span></font></div>
<div style="BACKGROUND: white; MARGIN-BOTTOM: 0.15in; MARGIN-LEFT: 0in; LINE-HEIGHT: 18pt; MARGIN-RIGHT: 0in" align="center">&nbsp;</div>]]></description><link>http://www.thecarolinasfinest.com/Blog/</link><guid>http://www.thecarolinasfinest.com/Blog/</guid><pubDate>Tue, 08 Apr 2008 14:03:00 GMT</pubDate></item><item><title>Today's Economy</title><description><![CDATA[<font face="Tahoma" size="3">
<div style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 11pt"><font size="2">We had an opportunity to hear Dr. Woody Hall, Senior Economist at UNCW yesterday with a forecast for what&rsquo;s ahead.&nbsp; The outlook is bright and there is still much positive to be said about Southeastern North Carolina.</font></span></div>
<div style="MARGIN: 0in 0in 0pt"><font size="2">&nbsp;</font></div>
<div style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 11pt"><font size="2">Here are some stats to consider:</font></span></div>
<div style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 11pt"><font size="2">While the national economy (when all figures are in) apparently grew at a rate of 2% last year, our region grew at 3.5%, a full 1.5% above the national rate! Predictions for 2008 have our growth projected at 4.5%.</font></span></div>
<div style="MARGIN: 0in 0in 0pt"><font size="2">&nbsp;</font></div>
<div style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 11pt"><font size="2">New Hanover County unemployment is under 4% which economists refer to as &ldquo;full employment&rdquo; considering people who are in transition on jobs.&nbsp;One job in five in our area is construction related (including all aspects of real estate and insurance).</font></span></div>
<div style="MARGIN: 0in 0in 0pt"><font size="2">&nbsp;</font></div>
<div style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 11pt"><font size="2">Tourism for 2007 vs. 2006 was up 9% based on room tax figures.</font></span></div>
<div style="MARGIN: 0in 0in 0pt"><font size="2">&nbsp;</font></div>
<div style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 11pt"><font size="2">Airport traffic was up 25% year over year.</font></span></div>
<div style="MARGIN: 0in 0in 0pt"><font size="2">&nbsp;</font></div>
<div style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 11pt"><font size="2">Retail sales were down 1%.</font></span></div>
<div style="MARGIN: 0in 0in 0pt"><font size="2">&nbsp;</font></div>
<div style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 11pt"><font size="2">New vehicle sales were down 2% (not considered significant in the industry).</font></span></div>
<div style="MARGIN: 0in 0in 0pt"><font size="2">&nbsp;</font></div>
<div style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 11pt"><font size="2">The container plant proposed for Brunswick County could add 20,000 jobs over 7 years.</font></span></div>
<div style="MARGIN: 0in 0in 0pt"><font size="2">&nbsp;</font></div>
<div style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 11pt"><font size="2">And what Dr. Hall had to admit was a pretty strong intangible&mdash;<strong><em>it&rsquo;s a perfectly beautiful 66 degree day in early March</em></strong>&mdash;this is a pretty attractive place to live!</font></span></div>
<div style="MARGIN: 0in 0in 0pt">&nbsp;</div>
</font>]]></description><link>http://www.thecarolinasfinest.com/Blog/</link><guid>http://www.thecarolinasfinest.com/Blog/</guid><pubDate>Thu, 06 Mar 2008 16:16:00 GMT</pubDate></item><item><title>10 Things You Should Know ABout Today's NC Real Estate Markets</title><description><![CDATA[<p>1.&nbsp; THERE&quot;S NO SUCH THINGS AS A NATIONAL REAL ESTATE MARKET.</p>
<p>If you read the newspapers, it is easy to get the idea that real estate markets are the same everywhere.&nbsp; If conditions are bad in Orlando or Los Angeles or Chicago, they must be bad everywhere, right?&nbsp; Wrong.&nbsp; All real estate is local.&nbsp; When you're looking&nbsp;to buy or sell, pay attention first to sales price trends, volume, and inventory in your target market or region, rather than to misleading headlines about national sales trends.</p>
<p>2.&nbsp; NORTH CAROLINA HOME VALUES ARE STABLE.</p>
<p>In 2007, the average sales price of a North Carolina home grew by 4 percent, an indicator that homes generally are still worth more now than they were just a few years ago.&nbsp; In fact, since 2000, the average home sales price in our state has risen by more than 25 percent.&nbsp; And in a 12-month period through September 2007, North Carolina had the seventh-highest appreciation in homes prices in the country.</p>
<p>3.&nbsp; HOUSING DEMAND IN NORTH CAROLINA IS ON THE RISE.</p>
<p>Even in what was considered a down year in 2007, there were more than 125,000 existing home sales in North Carolina - that's the third highest number ever, exceeded only by 2006 and 2005.&nbsp; And estimates indicate that the Tar Heel state's population will increase by more than 400,000 by 2010.&nbsp; These new North Carolinians will need a place to live!</p>
<p>4.&nbsp; A HOUSE IS WHERE YOU MAKE A HOME, NOT JUST A BUCK.</p>
<p>Most purchasers don't buy a house to flip it.&nbsp; They buy to live in it, to establish their roots, to raise a family and to build the American Dream.&nbsp; The value of strong communities, civic pride, comfortable retirement, and a higher quality of life can't simply be expressed on a balance sheet.</p>
<p>5.&nbsp; THERE ARE HUNDREDS OF REPUTABLE MORTGAGE COMPANIES READY TO LEND.</p>
<p>If you have good credit and a realistic understanding of what you can afford, getting mortgage approval to purchase a home can be more easily attained.&nbsp; Help is also available through the North Carolina Housing Finance Agency and other organizations.</p>
<p>6.&nbsp; OWNING A HOME BUILDS WEALTH IN A WAY THAT RENTING CAN'T.</p>
<p>According to the Federal Reserve Board, the average renter's net worth is $4,800.&nbsp; Contrast that to the average homeowner's net worth of $171,000.&nbsp; Clearly, it pays to own a home, as the hard earned equity you build will pay future dividends.</p>
<p>7.&nbsp; IT'S A PRIME TIME FOR SECOND HOMES.</p>
<p>Savvy investors and prospective retirees understand how important real estate is to their portfolios.&nbsp; Nationally, about 1/3 of all home sales are second homes or vacation properties; in North Carolina, that figure is nearly 40% - largely because of our inventory and desirable locations in the mountains and on the coast.</p>
<p>8.&nbsp; IT MAKES SENSE TO USE A NORTH CAROLINA REALTOR.</p>
<p>If you has a $150,000 legal question, would you deal with it without an attorney's assistance?&nbsp; If you a $150,000 income tax issue, would you dare risk not consulting a CPA?&nbsp; There are nearly 45,000 REALTORS in North Carolina, who subscribe to a strict code of ethics and are expected to maintain the highest level of knowledge of the process of buying and selling a home.</p>
<p>9.&nbsp; NOW REALLY IS THE TIME TO BUY.</p>
<p>Interest rates significantly dropped twice in January in an effort to stimulate the national economy.&nbsp; While North Carolina's economy hasn't suffered as much as some states, we nevertheless can benefit from those lower interest rates.&nbsp; The bottom line is this:&nbsp; If you're a buyer, this market is for you!</p>
<p>10.&nbsp; AND IF YOU'RE A SELLER, BE PATIENT...AND SMART.</p>
<p>Price your home correctly - your home's value is what someone else is willing to pay for it, not the price that you think it should sell for.&nbsp; Competitive pricing is the single biggest reason that a home sells or does not sell.&nbsp; REALTORS know the marketplace and help you determine an optimum sales price.</p>
<p>&nbsp;</p>]]></description><link>http://www.thecarolinasfinest.com/Blog/</link><guid>http://www.thecarolinasfinest.com/Blog/</guid><pubDate>Tue, 04 Mar 2008 15:19:00 GMT</pubDate></item></channel></rss>