Wilmington NC in the News Again

Wilmington NC in the News Again

Wilmington NC is ranked in the top ten in the United States for real estate investment relating to CNN Money, with projected gain in home prices of 37% over a 5 year period. Ormond Beach Florida

I believe good news about our forecasted market is well-timed because individuals are recognizing that home sales are balancing. Sellers have adjusted their prices accordingly. We are in a buyers market now and it’s a lot of fun to invest in Wilmington real estate. 

According to OFHEO the Wilmington City statistical area (MSA) which includes New Hanover, Pesar & Brunswick counties, rated 16th in the country in annualized appreciation of 22. 05%. The five year rate (2001-2006) was a very respectable over 60. 58%. This is an excellent indication of how homes within our area have valued.

A great way to retire, invest or shift, you’ve found just the right location to call home.

Wilmington is nestled between some of the most pristine beaches on the East Coast and the Cape Fear River. The region encompasses Wilmington, Historical Downtown, Carolina Beach, Kure Beach and Wrightsville Beach front. The area’s many kilometers of coastline, rivers and sounds give a wide array of fishing, normal water sports, boating activities, and quite a few provides hiding for, marinas and yacht night clubs can be found. Recreational opportunities are all around in the area including golf courses that are playable year-round. Wilmington offers mild climate and relatively inexpensive cost of living, which will make it popular with retirees and second home vacationers.

The Cape Apprehension coast is rich in history and folklore and known for its natural beauty, nautical legacy and Southern hospitality.

Wilmington and the Cape Fear region has it all, whether you are looking for relocation, retirement, second homes, investment opportunities, or development opportunities.

Kay Baker is experienced in residential real real estate in Wilmington NC, Wrightsville Beach, Carolina Beach and Kure Beach area. Kay’s clients reap the benefits of her knowledge, integrity and decades of experience as a life long Realtor, and a thorough knowledge of the Wilmington residential real property market.

Leave a Reply

Your email address will not be published. Required fields are marked *