Wednesday, March 20, 2019 / by Anne Rose
Real Estate Market Update for Jan - Feb 2019 | Kirk Pugh, Broker Realtor
This is a cumulative January and February housing update for the Wilmington North Carolina and beaches, most notably New Hanover, Pender, and Brunswick counties. National level information comes from the National Housing Report through Morgan Stanley. Local county information is pulled from the MLS.
Home Price Appreciation
The housing market has been great. Prices have been going up and there has been an affordability challenge discussed in the media. The home price appreciation has actually slowed somewhat. It looks like we are on track for about 5.6% for 2019. Granted, we are just into it, so that's from the first two months of the year.
On a positive note, the median price of a house has actually fallen, just under 3%. At the same time mortgage rates have dropped about 3.5%, so we have actually had a little bit of easing in the affordability crunch. Homes have gotten easier to buy for ...
Thursday, February 7, 2019 / by Anne Rose
Divorce is hard.
Navigating a real property settlement agreement shouldn't be.
Property transactions add a level of stress and complexity to any divorce. You need a realtor on your team. KBT Realty Group realtors have the expertise to deal with delicate situations firmly and compassionately - traits required to manage this process for you.
KBT Realty Group is an industry leader made up of a team of highly skilled professionals. We have risen to the top ranks of our industry by valuing the client and our integrity above the transaction.
We stay laser-focused on service, communication, marketing and expert negotiation; all of which results in our helping hundreds of families achieve their desired result each and every year. Our practice is primary focused on residential real estate; however, we are proficient in commercial dispositions, development, and investment property.
We operate our business from a position of gratitude and with a servant’s heart
At th ...
Monday, January 21, 2019 / by Anne Rose
Meet Broker/Realtor Fred Teachey, who brings close to 25 years of local experience to KBT Realty Group - associated with Keller Williams. Fred is from the Wilmington area, and now lives in Castle Hayne, just a few minutes from the North Branch of the Cape Fear River.
The Cape Fear River is a destination for boating, family recreation, and enjoying the weather. This area was under water after Hurricane Florence, but people are recovering with help of the entire community.
Fred sees that the market in the Castle Hayne area is strong, with home prices increasing, low inventory, and attractive interest rates. There are a number of programs to help buyers qualify for mortgages, and more programs coming to the area every day, some specifically to assist with hurricane recovery.
Fred Teachey sells property throughout Pender County, New Hanover County, and Brunswick County. He sees that there are exciting things happening in the Castle Hayne and greater Brunswick County area. Th ...
Saturday, January 19, 2019 / by Anne Rose
Sarah: She lay awake thinking about the Bungalow on Magnolia Street which had apparently accepted an offer shortly before she called the listing agent to schedule a showing earlier that day. She was so disappointed to miss out on that home. So many of the homes she called about were already sold or had a contract on them. This was in spite of her intricate (albeit time-consuming) process of checking all the real estate websites on an almost minute by minute basis.
Jacob: He had a big smile as he hung up the phone to tell his wife they had the winning offer for the Bungalow on Magnolia. It had been a crazy afternoon starting when their real estate agent texted to tell him about the new listing that had come on the market within the hour. Their agent scheduled a showing immediately and they were able to get an offer in before the end of the day.
Why was Jacob’s experience so different from Sarah’s?
Jacob had an agent who has a competitive advantage over unre ...
Wednesday, January 2, 2019 / by Anne Rose
If you are considering selling your home, one of the first actions you need to take is engaging a real estate agent.
But, there is a lot more than signing a contract with your kids' soccer coach's wife or the friend of a friend. These agents may be the best to get your home sold, but are you sure? You should enter into a seller's contract with both enthusiasm and confidence!
Your home may be your most valuable physical financial asset; don't trust the process of selling your home to without thoroughly discussing the process and reviewing your options. Hiring a real estate agent is a huge decision. You should search for real estate professionals, choose 3-5 of those, and then interview each to find the best fit for your real estate transaction expectations.
This is your opportunity to be the "boss," so create an agent interview strategy and execute it thoughtfully. Your objective is to hire the right person for the job, and that job is selling your home at the best possi ...