Saturday, October 29, 2011

Carolina Beach, NC Market Update

Carolina Beach, NC Market Update


Carolina Beach Homes for Sale - click here

Wrightsville Beach Homes for Sale - click here
Wilmington Real Estate and Wilmington Homes for sale - click here
Kure Beach Homes for sale - click here

Carolina Beach is located at the southern end of New Hanover County on Pleasure Island. Pleasure Island consists of Kure Beach and Carolina Beach, and in total is about 9 miles long.

The northern portion of the island is Freeman Park, which is an undeveloped strand of beach and marshland.

The southern portion of the island is Ft Fisher State Park. This is a large protected area with a small museum, the Ft Fisher Aquarium, and the Ft Fisher / Southport Ferry. The rest is all natural with stunning beaches and walking trails. Did you know there used to be two lighthouses, and a runway in Ft Fisher?

Carolina Beach became a very popular destination in the late 90’s as Wrightsville Beach began to become very expensive. Some now like Carolina & Kure Beach more as it offers an abundance of outdoor activities, and places to enjoy them.

The Carolina Beach State Park is one of them. This is a 1,000 acre park with trails, hiking bird watching, camping and a marina.

Downtown Carolina Beach has a quaint small town feel. There are about a dozen restaurants, several bars and shopping. There is also the boardwalk which brings a nostalgic component to the town. And of course Britt’s Donuts.

The town also has a dog park, ball fields and a skate park. Surfing and kayaking are also popular activities. The town has a marina and a fleet of commercial fishing boats for charter!

As a blossoming town, Carolina Beach was susceptible to the real estate craze that hit in the early 2000’s.

Prior to the real estate boom, interior home sites on the island costs on average around $50,000. These ran up to $300,000+ during the boom, and have since fallen back down considerable.

Oceanfront lots, before the boom, were priced between $300,000 and $400,000. At the peak lots SOLD for $1,000,000+.

Carolina Beach saw its fair share of speculation and real estate investors, so the pricing curve shot up quickly. At times, homes in Carolina Beach and home sites were on the market for a matter of hours, and often multiple offers were received. It was as frenzy.

For example, in 2004 there were 908 properties that SOLD on the island (in Carolina and Kure Beach), in 2005 this number dropped to 890. In 2006 this number dropped dramatically to 329, which is a decrease of 63%.

In 2008 Pleasure Island hits its low with only 269 properties to have SOLD.

Since 2008, we have seen an increase in the number of sales, and in 2011 we are on track to see a total back near 400.

Carolina Beach is also seeing a decline in inventory. In 2006, the number of homes listed swelled near 800. Today, it’s about ½ that number.

The real estate market is far from being normal, but with the attractive prices and low interest rates, there are active buyers purchasing homes in Carolina & Kure Beach. They are purchasing primary homes, second homes and investment property.

Contact Coastwalk Real Estate for more info at 910-458-9119

Carolina Beach Homes for Sale, Kure Beach homes for Sale

I hope you’re enjoying the fall, my favorite time of year here at the beach. There are so many things to do!

Search Wrightsville Beach homes for sale, Wilmington real estate, Carolina Beach Homes for sale, Kure Beach real estate - Click Here to see!


Recently we had the Seafood Blue & Jazz Festival, Island Day, The Salty Paws Festival (thank you to everyone who donated & organized this terrific event), the Hot Wax Surf Contest, the Carolina Beach Fire Department BBQ (yummy), Fall Festival in Ft Fisher, and Trick-or-Treat at the Ft Fisher Aquarium.

What a time of year!

Speaking of which, I want to remind everyone that Daylight Savings time expires Sunday morning, November 6th, so be sure to set your clocks back one hour.
And also don’t forget about the Carolina Beach Christmas Parade on Friday, December 2nd, with the Flotilla to follow on the 3rd.

In my most recent e-newsletter, I introduced a handful of videos that have been added to our website. These videos showcase unique attributes of Carolina Beach, Kure Beach, Wrightsville Beach, Wilmington and Topsail Beach. If you have a chance, please take a look at www.CoastwalkRealEstate.com, you’ll be glad you did!

Now it’s time for some updated real estate info…here you go!

 Year to date there have been 246 sales in Carolina Beach, this compares to 242 for the same period in 2010. The average price per square foot for single family homes in 2011 is $160, compared to $159 in 2010.

 Year to date there have been 83 sales in Kure Beach, This compares to 80 sales for the same period in 2010. The average price per square foot for single family homes in 2011 is $196, compared to $202 in 2010.

 Year to date there have been 1,904 sales in Wilmington, This compares to 1,986 for the same period in 2010.

 The highest priced home to sell so far this year in New Hanover County was a house in Wrightsville Beach for $2,895,000. There have been a total of 44 homes to sell over $1,000,000 since 1/1/2011.

 The largest home to sell this year in New Hanover County was a 9,200 sq ft home in Landfall that SOLD for $1,850,000. Year to date there have been 17 homes over 5,000 sq ft that have SOLD in New Hanover County.

 In Carolina and Kure Beach, as of late October, there have been 300 homes and condo to have SOLD over the past 12 months (this number excludes land sales). 85 of these were bank-owned homes, and 37 were short sales. This number represents about 40% of total sales.

Expect Results:

Your Real Estate Market Report is provided by Justin Donaton of Coastwalk Real Estate. Data is courtesy of the Wilmington Association of REALTORS MLS. Justin does not just "list" properties, he sells them! To get your home SOLD for the highest possible price, call Justin at 910-352-0998. Justin has been the #1 Agent on Pleasure Island since 2006. He has the highest dollar volume of sales, and has had the most number of closings. His business is built on hard work and high-impact marketing. Please visit: www.CoastwalkRealEstate.com for more info.

Tuesday, October 18, 2011

UNCW One of Only 26 in Nation, Two in N.C. to Receive Bicycle Friendly University Designation

Below is a great press release from UNCW. If you'd like to find a home near UNCW, or Wrightsville Beach homes, then click here to search all homes on-line!

The University of North Carolina Wilmington is one of only 26 universities in the nation to be designated as a Bicycle Friendly University at the bronze level by the League of American Bicyclists. Only one other higher education institution in North Carolina, UNC Greensboro, has received this designation. The prestigious honor comes just as the City of Wilmington, which recently received a similar designation, prepares for the grand opening of the campus section of the Cross City Trail, on Friday, Oct. 14.

After careful review of an application and consultation with campus cyclists, the award was granted to UNC Wilmington for encouraging students, faculty and staff to partake in non-motorized forms of travel including commuting to campus on bicycles. This year, UNCW was one of six universities to receive the prestigious honor.

"This award is presented only to campuses with remarkable commitments to bicycling," said the director of Bicycle Friendly America program, Bill Nesper.

The option to buy bicycles and skateboards and have them custom detailed on campus is one of the numerous reasons UNCW was singled out for its commitment to sustainable transportation. Since August, several students, including studio art major Chris Bowen, have custom painted bicycles, skateboards, flip-flops and more for UNCW ECOteal, a unique campus store focused on environmentally friendly retail.

"Although the award is simply a 'designation,' it does have powerful implications in terms of developing a more bicycle friendly campus," said Tamlyn Shields, Obesity Prevention Initiative Coordinator at UNCW. "A 'bike friendly' campus aligns with the university's mission to promote health and develop a more sustainable campus."

The City of Wilmington held an award ceremony for their own designation as a Bicycle Friendly Community on the bronze level in July 2011. The city and university's unified commitment to alternate transportation will shine at the grand opening of the Gary Shell Cross-City Trail at 2:30 p.m. Friday, Oct. 14 in front of Trask Coliseum on Wagoner Drive. The city received $2 million in federal stimulus funding for this section of the trail.

UNCW's designation is current for four years and will be up for renewal in 2015. The League nationally publicized the announcement on Oct. 10 at the Association of Advancement of Sustainability in Higher Education Conference in Pittsburg, Pa.

Groups that have been involved through the process include UNCW Obesity Prevention Initiative, UNCW Parking and Transportation, Cape Fear Cyclists, the City of Wilmington Transportation Planning, the UNCW Student Cycling Club, the UNCW Employee Wellness Committee and the UNCW Police Department.

For more information:
Bicycle Friendly Communities – League of American Cyclists
www.bikeleague.org/programs/bicyclefriendlyamerica/communities/
Gary Shell Cross-City Trail
www.wilmingtonnc.gov/Home/News/tabid/429/ItemID/535/View/Details/Default.aspx
ECOteal Custom Detailed Bikes and Boards
http://uncw-admissions.blogspot.com/2011/08/uncw-eco-teal.html

Media contact:
Joy Davis, UNCW media relations, 901.632.3903 or davisjc@uncw.edu

Pirates and Topsail Beach

With Halloween right around the corner I was thinking about all the customs we’ll see and the one that is used the most being the “Pirate Costume”. That brought to mind the history of pirates and Topsail Beach North Carolina. If you’ve ever visited Topsail Island you know it’s located off the coast of southeastern North Carolina and is host to the most pristine waters anywhere. The Island its self is 26 miles long and its widest point is 1500 feet. On one side of Topsail Island you have the Atlantic Ocean and on the other you have the Intracoastal Waterway. Topsail Island is rich in history and folklore from the 1700’s is where it’s said Topsail (pronounced Tops’l) originated its name. It was during that time that pirate ships roamed these coastal waters in search of ships to attack and steal from. Thus the sailors getting smart began scanning the dune lines of Topsail Island over their topsails to spot the pirate ships thus the name, Topsail.

The most notorious of these pirates is a man named ‘Blackbeard’ also known as Edward Drummond, Edward Teach and Edward Thatch. Blackbeard was said to be over six feet tall and a master of psychological warfare. He was a scary individual that had no fear said to be the devil incarnate. Not what we picture when we dress our ‘little man’ in his Halloween costume emulating this notorious pirate. An example of his wicked nature is that he would tie cannon fuses and sulfur matches in his long beard and light them! Picturing a man standing feet taller than most with fire in his beard, pistols in hand, smoke around his head would make the most skeptical person take note. This was not a pirate you’d want to meet in any waters much less right here in North Carolina.

The most interesting part of this story is that Blackbeard left his treasure at Topsail. Of course over the years many have searched extensively without luck. Many think that the treasure of Blackbeard was found already but without proof who knows. Legend has it that Topsail Island waters are still haunted by Blackbeard’s ship which is one of the many “Ghost Ships of Topsail”. Maybe he’s still waiting for some lucky treasure hunter to find the bounty? A great new addition to the island is a Pirate Ship that cruises the Island with visitors and give you a real sense of what it was like way back when Blackbeard and other pirates cruised our waters. If you’re interested in learning more visit this website and get your ticket today: http://www.belleoftopsail.com. So if you’re like me when I see the ‘little pirate at the door on Halloween my mind will automatically be transposed to a time and place called Topsail Beach North Carolina.

Want to buy a home? Wilmington homes for sale, Topsail Beach Homes, Surf City Homes & Wrightsville Beach real estate can be found on-line at CoastwalkRealEstate.com, or just click here now!

Coastwalk Real Estate 910-458-9119

Monday, October 17, 2011

Wrightsville Beach Real Estate & Wrightsville Beach homes for sale

Wrightsville Beach has some terrific homes for sale. Inventory has thinned out, but there are some great deals...condos, homes and land.

Here is a list of Wrightsville Beach NC real estate and Wrightsville beach homes for sale: http://www.coastwalkrealestate.com/wrightsville-beach-real-estate/

Foreclosures are also available in Wilmington, click here to see!

Wrightsville Beach homes foreclosures are listed here!

We are available to show you homes seven days a week, at all reasonable hours. Contact Coastwalk Real Estate at 910-458-9119 today!

Tuesday, October 11, 2011

Wilmington homes with boat slips

One of the may attractions to Wilmington is the water lifestyle and all the activities it provides. One of the most popular water activities in the areas is boating. From recreational boating, to leisure cruising, fishing and yachting - homes with boat slips in Wilmington are popular.

There are many area to navigate. Some enjoy the Cape Fear River and will boat to downtown Wilmington, and Southport and Bald Head Island. Another popular destination is Masonboro Island.

For those who enjoy fishing, there are hot spots in the Intracoastal, along with the ocean..just depends on what you like to catch.

Living in Wilmington is a great choice for those who enjoy boating! You can see Wilmington water front homes here.

Contact Coastwalk Real Estate at 910-458-9119 for more info, or visit our website at: http://www.coastwalkrealestate.com/

Monday, October 10, 2011

Patio homes Wilmington, nc

Patio homes are popular in the Wilmington area for many reasons. Often they are low or lower maintenance homes in which the subdivision is responsble for yard and landscaping. They also most often have first floor master bedrooms. popular these days. Of course the name lends itself to having a nice patio outback too to enjoy the beautiful weather that we have here in Wilington, NC

Neighborhoods in Wilmingotn that have patio homes include Landfall Country Club, Beau Rivage, The Reserve, Porter's Neck, Waterford and Brunswick Forest -- these are just a few examples.

Wilmington homes for sale can be found easily on-line by usign the links below. Find yourself a great patio home, and let us help!

Porters Neck

Landfall homes for sale

Brunswick Forest homes for sale

Coastwalk Real Estate is here to help!

910-458-9119

http://www.coastwalkrealestate.com/

Wednesday, October 5, 2011

Wilmington, NC Foreclosure Homes

There are a lot of homes for sale in the Wilmington area. There are some great deals available through bank-owned homes, also know as REOs. While often you will need to purchase these 'as is', at the same time you can purchase the home for less than market value.

Coastwalk Real Estate can help you find bank-owned homes. You can search Wilmington foreclosures here. You can find all Wrightsville Beach foreclosures here.

If we can help more please call 910-458-9119