Real Estate Analysis: Carolina Beach & Kure Beach...

Have you been thinking about "pulling the trigger", and purchasing a second home or your retirement house at the beach? If so, your timing could not be better!

As we wrap up 2007, Carolina / Kure Beach has seen 250 homes sell, along with 27 lots. Currently, there are 656 homes for sale on the island. While it remains a "buyers' market", the days are beginning to dwindle!

Of course there are still over-priced homes for sale, and these will sit on the market...and will not sell (in my analysis, about 50% of the homes on the island are not priced at fair market value).

That said, a good property, at a good price will get gobbled-up! As inventory and buyer choices decline, "seller power" will creep back into the market. This will be especially true for new home inventory as these seem to be most popular with out of town buyers.

If you are interested in additional information, please visit our website at: http://www.coastwalkrealestate.com/listings.asp, or you can call me direct at 910-352-0998.

Interest Rate - 60 Day Lock - NOT Property Specific

Our preferred lender is offering a 60-day lock on current interest rates (have you noticed...they have dropped!). They will lock your rate for 60 days, if the rates drop, your rate will follow! Best of all, this mortgage lock is NOT property specific. Call or Email Coastwalk Real Estate for more information, or visit this link: http://www.coastwalkrealestate.com/listings.asp

Million Dollar Properties

At Coastwalk Real Estate, we bring you some of the islands most distinct properties. Our most recent addition is a 5BR, 5.5BA oceanfront marvel, located at 1033 S Fort Fisher Blvd! We invite you to preview this home, and other great properties at http://www.coastwalkrealestate.com/listings.asp.

Recent Feedback....

"I wanted to thank you for helping us sell our home and for finding a very nice builder for our new home. We’ve lived here for several years and had a chance to get to know other agents in the area. We felt most comfortable with you and your staff and are wonderfully pleased with your kind assistance. Please know how much we appreciate your dedication, insight, counsel, and knowledge of the market." -- Greg and Angie Foster

More Testimonials Here: http://www.coastwalkrealestate.com/page.asp?num=2842

Holiday Special

3BR, 3BA New Beach Homes, Steps to Beach and Seagrove Preserve. Nicely done with wood floors, tile and fenced yard. Sod, irrigation system, tons of parking! Owner will sell for $299,900 with contract between now and 12/24/2007! Similar units have sold for as much as $370,000, so don't delay and take advantage of this "end of year" special! 1117 Mackerel Lane, Carolina Beach, NC, 28428.

Wilmington, NC - Still Strong!

Why is housing in some cities still booming? Read the article below from CNN for some great information. And take a look at Wilmington, NC -- still projected as one of the best markets in the US!

http://money.cnn.com/2007/11/30/real_estate/redhot_markets.moneymag/index.htm