3.5% second year,

fixed at 4.875% after 3rd yr.

Nestle among the trees in exclusive Timber Creek, this lovely Cape Cod home set on 1/2 acre corner lot offers an inviting rocking chair front porch, large open foyer, first floor master with walk-in closet, large master bath. Upstairs includes 3 additional bedrooms, a large bonus room and large walk-in attic for storage. The flow of the family room, kitchen and rear porches make this a great home for gathering with friends and family. Enjoy the large screened porch with adjoining deck over-looking the private backyard. Timber Creek is located within 10 min of Wrightsville Beach and 5 min to the Mayfaire shopping area.

More info here

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 Wilmington area New Homes under 200k

Wilmington area New Homes 200-275k

Wilmingon area New Homes over 275k

Advantages with a New Home

New Homes can be personalized by the buyer - selections of cabinets, countertops, flooring, paint colors, lighting fixtures and more to make it the home you have dreamed of.

Floor plans for today's lifestyles in keeping with the way people live today and are more open and bright. Kitchens are more open and are integrated with family areas. Master suites with well appointed baths and walk in closets.

Energy efficiency comes with new construction techniques, improved heating and air conditioning technology and equipment, new appliances and the latest in building code requirements.

Ease of maintenance because everything is brand new in the home and many of the materials used today require little or no maintenance , saving money and putting hours on the clock for free time and fun with the family .

New homes are safer as a result of brand new materials that have been tested to the latest safety standards and adherence to the latest building code requirements.

New homes are more geared to today's technology and can be easily modified during construction to meet the owners needs for pre - wiring. New homes can have plenty of outlets, phone jacks and cable boxes in the areas the new ownerÕs wishes, when planning ahead.

Warranties from manufacturers cover many of the components of a brand new home and builders often provide a warranty on a number of other items in the new homes they build. Many builders offer customer service during the warranty period.

Choice is one of the top selling features for new homes, from home site selection to many of the finish details and color selections. And everything comes fresh and new that instills a special pride in ownership and security.

Financing a new home is easier. Lenders prefer financing a new home by reputable builders. And many builders have streamlined programs with the very best area lenders and closing attorneys for the very best rates and service for their customers.

Your new home can be everything you have dreamed of! There is no need to settle for someone else's dream when you buy a new home. There is no place like home in a brand new home!

The 2010 list of “Best Cities For Jobs” was released this week.  Last week Forbes also ranked Jacksonville #75 in its list of “Best Small Places For Business and Careers.”

According to Forbes’ Joel Kotkin, Jacksonville’s economy grew 1.4% last year and government jobs there grew 3.3%.  Those numbers wouldn’t have been a big deal a few years ago, but they’re exceptional considering the negative growth in many places across the country.  Experts say that metro areas focused on one industry aren’t recession-proof, but seem to be recession-resistant, especially college towns, government centers, military bases, and healthcare centers.

“The area includes the massive Marine Base at Camp Lejeune, a beehive of activity since the U.S. started waging two wars in Afghanistan and Iraq,” says Kotkin, also noting that the area’s employment base has grown 22.8% since 1998.

While Marine Corps Base Camp Lejeune and Marine Corps Air Station New River are undoubtedly the area’s top employers, there are also a wide variety of civilian jobs in the Jacksonville area.

“There are big name contractors hiring local people and former Marines to work on base,” Ralph Leeds, director of the N.C. Employment Security Commission in Jacksonville, told the Jacksonville Daily News. “People don’t realize the big names are here because they don’t have an office with their name out front, but companies like Boeing, General Dynamic and Northrop Grumman keep a lot of people employed.”

“We have been recognized a lot lately for the strong housing market here and the low cost of living,” he said. “Of course, a lot of it has to do with the base, but Coastal Carolina Community College and Onslow Memorial Hospital are also big boosts to our local economy.”

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$147,500

Listing Information

• Bedrooms: 3
• Baths: 2
• Sq Ft: 1140
• Lot Size: .58
• Style: Ranch
• Garage: 1 Car
• Heat Source: Heat Pump

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Most Americans Say Now Is Time to Buy a House: Poll

 Nearly two-thirds of Americans think the time is right to buy a house, with a majority believing prices will be the same or higher over the next year, according to a Fannie Mae survey released Tuesday.

Photo by:Seven_Null7 Most Americans think home prices will be the same or higher in the next year, according to a poll.

The 64 percent that said it is a good time to buy is just shy of the 66 percent that said the same thing in 2003 as the U.S. housing market was racing higher, said the survey.

However, most of the 3,451 polled said that it would be tougher for them to get a loan than it was for their parents.

The survey comes amid signs that the U.S. housing market is recovering after suffering the worst downturn since the 1930s.

But, while home prices in some regions are rising, soaring delinquency rates across the nation mean foreclosures will keep persistent pressure on the market, according to analysts.

Fannie Mae, the largest U.S. mortgage finance company, said that the public still "strongly believes" in upholding their financial commitments, though that weakens once people know someone who is defaulting.

Those who know someone in default are more than twice as likely to have seriously considered stopping payments on their own mortgage, Fannie Mae said.

Read entire article.

Source: CNBC.com

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$375,000

• Bedrooms: 4
• Baths: 3
• Sq Ft: 2180
• Lot Size: .20
• Garage: Detached

 

Indulge yourself in this lovely historic residence that oozes charm and character from the 1930's.Nestled within quaint Carolina Heights this elegant home is one you won't forget.This 4 bed 3 bath Colonial Revival has been completely renovated and comes with a list of first class upgrades. Featuring new roof, new walls, new plumbing, new kitchen, great landscaping.The interior is impressive, elegant and a delight to see. The neutral decor boasts granite counter tops, neutral paint, ceramic tile and beautifully restored hardwood floors. The natural sunlight basks in the formal dining room and includes antique built in glass cabinets to show off your elegant dinner ware. Come home and feel relaxed in the bright open living room, grab a book and put your feet up. All of this situated on a sizable lot with alley access and detached garage. Come enjoy your summer evenings, outside living with taste. A delightful find you will not want to miss!

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$302,500

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The Prestwick

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Listing Information

• Bedrooms: 4
• Baths: 2
• Sq Ft: 2422
• Lot Size: .26
• Style: Brick ranch
• Garage: 2 Car
• Heat Source: Electric
• Schools: Topsail

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Property Description

This Brand New Brick Home is located in one of Hampstead's most popular communities, Castle Bay.

Each Brick Home, built around the area's desirable Golf Course, offers a Maintenance Free Exterior. Enjoy Hardwood Flooring throughout the Family areas with carpeted bedrooms. The open Kitchen offers Granite Countertops with Stainless Steel Appliances and is perfect for special gatherings. The Bathrooms offer ceramic tile with white cabinetry. Great attention is given to cabinetry, moldings and additional upgrades. Relax and enjoy entertaining on the Screened-In Porch overlooking the Golf Course. Our Golf Course Community offers amenities of Golf, Clubhouse with Restaurant, Pool, Tennis Courts and Fitness Center. Each home offers a Full Initiation Membership to Castle Bay Golf Course. Visit our DECORATED MODEL HOME - OPEN Friday through Tuesday from 1pm To 5pm or by Appointment. Call for Current Builder Incentives

Take a look at the seven-step system I have outlined in this report. Then, if this new approach to marketing your home makes sense and you want to learn more, I'll show you how to skillfully and specifically apply each of these critical steps to get your home sold for the most money in the shortest amount of time!

7 crucial steps you must take to get top dollar for your home in today's technically savvy world!

1. Understanding the "Total Market" concept of positioning your home to attract the greatest number of buyers.

2. Using the "Total Market" concept to accurately appraise the value of your home. (The standard CMA is simply not enough!)

3. Pricing Your Home to Appear lower than market value, yet actually asking for more
than market value (This one crucial step will get buyers and agents flocking to your door!)

4. Properly advertise and market your home - Using New Technology (Don't use the same old boring ads everyone else is using, and that nobody looks at!)

5. "Detailing" your home for sale. (Your goal is to set your home apart from every other home on the market - instantly attracting buyers to your home.)

6. Learn how to qualify buyers and negotiate offers. (Since we are talking about your money here, the risks of not knowing how to properly qualify and negotiate are too great to ignore or leave to chance!)

7. Understanding and helping the buyer obtain financing, removing contingencies, and closing the sale. (You need a strategy to avoid and eliminate potential problems in escrow, which can undermine your sale!)

The better you understand and systematically apply these seven steps, the better the results you will get. And better results means more money, in less time, with the least amount of hassle possible. Isn't that what you ultimately want, whether you decide to sell your home yourself or use the professional services of a licensed agent to help you?

Find out what your home is worth today.

Please let me know if I can help you impliment these steps for you.

Wilmington, sometimes known as Hollywood of the East, is getting ready to kick off another television production.

According to Johnny Griffin with the Wilmington Regional Film Commission, a pilot entitled Playing With Guns is set to film in the Port City.  If the show is picked up, it will air on Spike TV.

Production crews are expected to set up shop in the area in mid-April.

Danny Masterson from That ‘70s Show and Joey Kern from Cabin Fever will play high school buddies who become cops.

This is the second pilot to be filmed in Wilmington this year.  An unnamed medical drama starring Oscar winner Sissy Spacek is also underway.

Screen Gems Studios has produced over 350 film, television and commercial productions.  It is the largest production facility outside of California and his home to one of the largest special effects water tanks in North America.

Related post: NC film industry gets good news

WECT

Peacemaker in Wilmington March 2009

For the second year in a row, the 150 foot Tall Ship named "Peacemaker" will be docked in Wilmington.

The ship will be arriving on Tuesday, April 6 for a two week stay in celebration of both the Azalea Festival and the annual Rims on the River Car Show being held April 16-18.  The approximate time of her arrival is between 5:30 -6:30pm, depending on tide currents.

The ship is modeled after the likes of Old English Clippers like the Cutty Sark, but the Peacemaker was built in the late 1980s on a riverbank in Southern Brazil by an Italian family of boat builders, and was first launched in 1989.

While in town, the ship will be open for public tours.

WECT

Nestle among the trees in exclusive Timber Creek, this lovely Cape Cod home set on 1/2 acre corner lot offers an inviting rocking chair front porch, large open foyer, first floor master with walk-in closet, large master bath. Upstairs includes 3 additional bedrooms, a large bonus room and large walk-in attic for storage. The flow of the family room, kitchen and rear porches make this a great home for gathering with friends and family. Enjoy the large screened porch with adjoining deck over-looking the private backyard. Timber Creek is located within 10 min of Wrightsville Beach and 5 min to the Mayfaire shopping area.

More info here

Search all Wilmington area homes

“They were recommended to a client of mine and he went from a 570 credit score to over 620 in less than 10 days.  I don’t know how, but they did it and my client enjoyed working with them,” said Sea Coast Realty associate Sherri Pickard referring to the credit clean-up team.  Other associates praised American Credit Resolutions’ quick results too. 

American Credit Resolutions managing partner Dwayne Furmidge says that a “do-it-yourself” approach is the best way to solve credit problems.  “However, there is a learning curve for most Americans and many make costly mistakes in the process,” he says.  Furmidge and his team put their years of experience to work, handling the often tedious process of resolving credit issues on behalf of their customers.

 “Clients with small issues may be completed the same day,” said Dwayne Furmidge, Managing Partner of American Credit Resolutions.  “Clients with major issues may take longer.”  He says that the average credit clean up takes four months. 

He warns consumers against working with credit repair companies that charge exorbitant fees and non-profit agencies that creditors sometimes pay to stretch out the credit repair process.  The fees for American Credit Resolutions services vary depending on the issues, but the price for the average four month clean-up would cost $545.95 – a price many consider worthwhile when low credit scores stand between them and the dream of home ownership. 

"We are pleased to partner with American Credit Resolutions and feel our partnership will enable many more potential homebuyers to achieve their dreams of home ownership," said Coldwell Banker Sea Coast Realty president and CEO Tim Milam.  Offering customers value-added services, like help with low credit scores, is one way that Sea Coast Realty has increased its market share despite the economic downturn.

 Request more information here

The spring buying season typically takes off in March and runs through May. But buyers who want to claim this year's tax credit — up to $8,000 for first-time buyers and up to $6,500 for repeat buyers — must have signed purchase contracts by April 30. And they have to complete the deal by June 30.

"I expect the buying season will be moved up," says Jim Gillespie, CEO of Coldwell Banker. Sales "are going to take off in February and March and really take off in April. ... My concern is that the move-up buyer hasn't thought what they need to do. Their window is really short. They have to coordinate closing dates."

The average time it takes to get a home loan processed is about eight weeks now — two weeks more than it used to be, according to the National Association of Realtors.

The tax credit's impact on 2010 home sales is uncertain. Some economists expect the credit to pull sales that would have occurred later in the year into the first half.

"The tax credit will absolutely have an effect," says Pete Flint, CEO of Trulia, a residential real estate search engine. "It is going to shift demand from the later part of the year to the first part. January and February will be very strong. The next three months, there will be a surge in demand."

"I'm actually in the middle of house shopping, and I decided to do it now so that I could get the $8,000 tax credit," says Amity Gay, 26, who's looking for a cottage-style house in Tallahassee.

Sellers should be prepared to appeal to first-time home buyers, who still make up the majority of buyers, according to Pat Lashinsky, president and CEO of ZipRealty.

And buyers should expect rising prices in some markets, including San Diego, Dallas, Minneapolis, Chicago and Washington, D.C.

At MetLife Home Loans, buyers are being preapproved now for new housing developments; an increase in demand is being attributed to the expanded tax credit.

"Our spring market got moved up at least two months because of this," says Kent Geschwender, branch manager.

The tax credit was scheduled to expire on Dec. 1, 2009, but was extended and expanded by Congress.

Source: USA Today

Wilmington-area home sales continued to show improvement in December, according to statistics released Tuesday by the Wilmington Regional Association of Realtors.

The number of homes sold through the WRAR's multiple listing service totaled 351 in December, compared with 299 in December 2008.

It was the fourth straight month that sales exceeded year-earlier levels, according to the WRAR data.

A string of year-over-year improvements is necessary to show any kind of sustained rebound from the housing bust. April McDavid, then president of the WRAR, said in the fall that it would be 2010 before a truer picture emerged on the housing market's strength.

Sales reflect actual closings of deals. That means that contracts may have been signed 30 to 90 days before.

The average price of a home sold in December was $223,312, compared with $240,147 in December 2008. The median price - the point where half the homes sold for less and half for more - was $175,000 in December, compared with $185,500 a year earlier.

The average time it took to sell a home was 135 days in December, almost even with a year earlier.

Source: Star News

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