Southeastern North Carolina Real Estate News and Insights

Welcome! We created this blog as a way to keep you informed of the latest news and updates happening in Wilmington NC real estate as well as real estate news throughout Southeastern North Carolina. Our agents have years of experience handling real estate transactions and we want to share our insights about the current state of the market, neighborhood updates and developments, local events, and featured listings.

Check back often for updates and please contact us with any questions or comments.

Sept. 17, 2018

Relief & Restoration: Hurricane Florence

 

Hurricane Florence has taken a toll on our beloved city and surrounding counties.

And, the recovery and rebuilding process is now in full swing. Lineman and service men and women from across the country have poured in to support and restore power to our community. And, grateful citizens have shown their thanks in force - delivering lunches to crews, supplying lineman with water and food, and offering handshakes and hugs to show their gratitude. 

As always, the Wilmington community has banded together to support one another in this time of great need. It's acutely evident that Wilmington area residents are either seeking support, or are looking for ways to help those who desperately need it. So, we've compiled short lists for both camps in hopes of helping to connect those in need to those who can give and vice versa.

Who to Call Where to Go

 

1. Call Your insurance company: First and foremost, be sure to report all damage and hurricane-induced financial burden to your insurance provider. Whether you're a home owner or a renter, if you have insurance you will likely qualify for financial assistance. 

2. FEMA: Residents and business owners can now apply for assistance. Apply online at www.disasterassistance.gov or by calling 1-800-621-FEMA (3362). Representatives will be available 7am - 10pm seven days a week. 

3. Head to a local shelter: If you and/or loved ones stayed home or with friends living in the Wilmington area during the storm and have a shortage of supplies or need a dry place to stay and access to food, click here to find the shelter nearest you. Ashley High School recently opened its doors to Hurricane victims with space for over 1,000 residents! 

4. New Hanover County Emergency Information:  Before leaving your home in search of help or supplies, please be aware of watches, warnings, curfews, and road closures!  Access and regulations will continue to change over the next couple of days as the water continues to rise, so please stay tuned here

5. NCDOT: For EVACUEES - Wilmington, NC is currently an inaccessible island, but this can could change soon. Stay abreast of road closures, bypasses, etc. at NCDOT's Interstate travel page

How You Can Help 

 

1. Start with your neighbors: Be sure to check on your immediate neighbors first. Easy access makes supporting them even easier.  

2. Feed a lineman: The word on the street is that lineman and other service men and women are going without food due to lack of access. If you have a stout supply in your own home, delivering lunch to a lineman would go a long way! 

3. Donate: Michael Jordan has made it easier for people who want to help fund relief efforts in his hometown and beyond. Visit his microsite  for best places to donate. Wilmington local, Michelle Lawson, created this GoFundMe page in hopes of supporting residents who sustained significant property damage during the storm. 

4. Don't let them Flo Alone: Do you know someone who may be home alone right now? Find a way to contact them and encourage them to find shelter with others or to stay with friends or family until our community has better access to resources. 

5. Share: Food, shelter, showers, water, and clothing are all needed by hundreds of area residents. Collect items or resources you're willing to share or give away. Then, create a social media post, email, or group text message letting friends and friends of friends know what's available to them and how you can get it to them.

Above all, please continue to stay safe, and ensure the safety of loved ones. Together, we'll rebuild one day at a time. Soon, the Wilmington community will be stronger than ever.

 

 


Read more here: https://www.newsobserver.com/news/local/article218360625.html#storylink=cpy
Posted in Current news
Sept. 10, 2018

Be Prepared: Hurricane Prep Checklist

 

As Hurricane Florence approaches the NC coast, we're hustling to button down and stay safe. In doing so, we’ve come across a few things to be aware of, some of which, we weren’t! Here’s a quick checklist we’ve compiled from The National Weather Service, FEMA, and our own experience. 

When planning to evacuate, you may want to continue to follow preparedness measures in the event that evacuation is stalled. 

Hurricane Preparation Checklist

  • Have a disaster supply kit ready!
  • Compile basic emergency supplies
    • At least one gallon of water per person for three day
    • 3-day supply of non-perishable food
    • Battery-powered or hand craked radio
    • Flashlight
    • First aid kit
    • Moist towelettes (baby wipes)
    • Garbage bags
    • Plastic ties for personal sanitation
    • Charged backup battery for your cell phone
    • Sunscreen
    • Bugspray
    • Portable camp stove or grill
    • Blanket or sleeping bag per person
    • Anti-bacterial hand wipes or gel
    • Blanket or sleeping bag per person
    • Essential medications
    • Bar soap, toiletries
    • Cash and change
    • Duct tape, rope
    • Camera, books, games, cards, etc.

• Check batteries in all flashlight, lanterns, and radios.  

• Have access to an emergency air horn and/or flares.

• Secure all items outside of your home. 

• Have an evacuation plan ready. 

• Locate local shelters.

• Store valuables and papers in waterproof containers.

• Let loved ones know where you plan to be during the storm.

• Ensure your weather radio is in working condition. 

• Secure insurance. 

• Move valuables and appliances out of the basement. 

• If you plan to evacuate, have a copy of your home insurance policies with you. 

Above all, make the best decision regarding evacuation for you and your family. Stay safe out there, everyone! 

 

 

Posted in Current news
Sept. 7, 2018

Coastal's Calendar: September Favorites

 

 

Wilmington doesn't get the summer's over memo until around October. So the summer buzz of events, theatre, music, and culinary celebrations continue. Here are a few of our September favorites that just had to share. The first is ever so slightly time sensitive. 

 

September Favorites

 

9.9.18 Opera House Presents VIOLET - LAST SHOW! Main Stage at Thalian Hall 3pm

 

9.15 - 9.16 Summer Harvest Festival at Poplar Grove Plantation - Saturday 9/15 9am-5pm; and Sunday, 9/16 10am-4pm; concessions, music, crafters, games, food, and a carnival

 

9.29 Wilmington Fall Wine & Beer Walk - 1-6pm at various establishments in Downtown Wilmington. Self-guided tour is $16. 

 

9.29-10.1 43rd Annual North Carolina Shell Show - Friday & Saturday from 9am-5pm, and Sunday 9am-3pm at the Coastline Conference and Convention Center; Kids are FREE! Adults $4

For Goodness' Sake...Get it on the Calendar! 

Here are a few fundraising and community-building events that we highlyrecommend attending.  

 

9.18 Racing for the Gold at Jungle Rapids - Hope Abounds Charity Event

 

From the organizers: 

 

MarineMax Wrightsville Beach is proud to partner with Hope Abounds, Inc. Join us on September 22 to help raise funds to support women, children, teens and their families who are battling cancer.

 

Get more information here

 

9.22 Shave for Sean

 

From the founders: 

Our son, Sean, was diagnosed with Ewing Sarcoma at 3 years old.  Following a year of chemotherapy, radiation and surgeries our oldest boy, Cole, came to us with an idea.  He said, "I want to shave my head for Sean! I want to have a St. Baldrick's event to make people aware that childhood cancer is not rare!"  So we did! 2018 will be our 6th year! Together the last 5 years has raised over $135,000! You can join us and raise money and awareness! 

 

Find out when, where and how to contribute here

 

9.30 Foster Pantry's One Year Celebration!! 

 

From the Foster Pantry: 

 

Come help us celebrate our First Year! We want to open our doors and show everyone what we have been working so hard to create. Come meet the foster parents that started the Foster Pantry and the board members. Along with folks from different foster agencies and local supporters. Come learn about where we are and where we are hoping to go.

 

Get more information here

 

 

Posted in Current news
Aug. 24, 2018

Agent of the Month: Meet Jennifer

Agent of the Month: Jennifer Davidson

 

 

Welcome Jennifer Davidson!

Jennifer's well-defined skill set, her ability to connect with people and a love of where she lives made her a Coastal Select shoe-in. 

Jennifer Davidson is a native Texan, a diehard Cowboys fan, an amazing cook, and a Realtor® we all want in our corner. While she has always had a career in sales, real estate is her confirmed calling.

"Real estate chose me!" She said. "Since I was 18 years old, I was told that this was the path for me. And, it really fits all of my skill sets."

When Jennifer landed in Wilmington, she was sure she would stay. It was the "charm of downtown, the ocean breeze...and the hospitality of the coastal south" that drew her in. Her goals in real estate and in life are to contribute to the sustainable and responsible growth of the greater Wilmington community and to help others achieve their goals and dreams. 

So, we'd say she's slightly aligned with the CSP mission.

"Trish (Tricia Delp Ireland, CSP founder) was my Realtor® when I bought my house," Jennifer said. "I just love how she does business and cares for her clients, as I had first-hand experience. But, ultimately I chose Coastal Select because of the principles that the company has been built on."

Jennifer's tenacity and success has been made crystal clear through the number of transactions and happy clients she has produced in the short time that she's been with us. She works with an uncommon blend of calm and enthusiasm. And, her focus and attention to detail is palpable.

So, we were curious, what motivates her everyday? When we asked, Jennifer answered, clearly, "It's really just a desire to be helpful and useful in a time of need. Buying a home can be one of the best moments of your life, but it can also be pretty stressful. I want to help make the transaction as smooth as possible." 

Contact Jennifer: 910-617-1292 or jennifer@coastalselectproperties.com

 

A Few of Jennifer's favorite things

Favorite foods: Mexican, but I'm a foodie, so I don't discriminate. 

Favorite things to do in Wilmington: Probably just being downtown and enjoying a show, a good meal, and walking down by the river.

Favorite thing about herself: My ability to connect with people...and, my hair!

Favorite pasttimes: Travel and spending time with my friends and family; Football during football season, go cowboys!; Time with my German Shepherd Witten

Favorite restaurants: Brasserie Du Soleil, K-38, Pinpoint, Savorez, Ceviche, Spoon-fed, Nakedfin Poke Bowl

Favorite places: Southport by ferry; the North end of Carolina Beach; Figure Eight Island; dog parks with my Witten, and always downtown Wilmington 

Favorite local shops: Crabby Chic, Uptown Market, Blue Moon Gifts, Island Passage, The Peppered Cupcake, The Cotton Exchange

Favorite places: Southport by ferry; the North end of Carolina Beach; Figure Eight Island; dog parks with my Witten; and always downtown Wilmington  

 

 

 

 

 

 

 

 

 

 

Aug. 13, 2018

Happy Homeowners: Trust the Process


The path to finding the perfect house can be slightly less than perfect.

Anyone who has ever gone through the process of finding and buying a new home knows that the perfect home rarely falls into your lap. But, no one knows this better than Lauris Burns and Gene Foltuz. 

Shortly after Lauris and Gene arrived in downtown Wilmington, NC just to "check it out" a couple of years ago, they were only sure of one thing - they wanted to stay. Both having been retired for some time, they'd been living in Lima, Peru for six years and had decided it was time to return to the states. Originally New Englanders, this time they sought southern accents, wrap around porches with rocking chairs, and live oaks (but, still no sweet tea).

Long time foodies and art and music lovers, Lauris and Gene have often let their senses lead the way to big decisions. In fact, it was their love of the food in Lima that convinced the couple to turn what was intended to be a vacation into permanent residency. 

"...this time they sought southern accents, wrap around porches with rocking chairs, and live oaks (but, still no sweet tea)."

 

As for downtown Wilmington, Lauris said it was a combination of things - a blend of traditional southern cuisine and exquisite fine dining, the architecture, the climate, and the rich arts culture - not in any particular order (besides the food, of course).

They both say, though, that it was the people they met here that put them over the edge. They were instantly hooked. 

"I asked one of the owners of that wonderful bed & breakfast we were staying in about houses for sale downtown. So, he referred me to someone, and then she referred me to Tricia," Lauris said. "And, when I met her, it felt perfect. She was extremely patient. She responded to every single request, and she was incredibly diligent. She didn't leave a stone unturned." 

It was this diligence, in fact, that led to dream  houses #1, #2, #3 falling by the wayside. Because Lauris  and Gene had a few very specific parameters, there were little more than a handful of downtown options. So, when hidden issues were revealed upon additional investigation three times in a row, Lauris and Gene had to go back to the drawing board. 

"I was pretty disappointed. I really started to   wonder  if we'd ever find what we wanted," Lauris said. 

And, then, just like that, after weeks of internet research from her home in Lima, Lauris stumbled across something unexpected - a traditional, shotgun-style home in downtown Wilmington that  had been completely gutted and beautifully renovated. It was a brand new listing, so she immediately wrote to Tricia. Over the next few weeks, the house met all specifications and then some. Tricia assured Gene and Lauris that is was perfect. 

"And, she was right," Lauris said. "And, then suddenly, it was ours. It's so funny, though, I didn't think I'd love it this much." 

Lauris and Gene bought the home sight unseen, so there were a few surprises - like the spacious sunroom in the back. 

"I didn't even know this room was here!" She said, pointing to the sunroom from the "rec room" she also hadn't seen. 

Gene followed behind her and they chatted about their plans for the back yard.

"It's funny though, I didn't think I'd love it this much." 

 

Walking back through the kitchen later, Gene explained that he was an artist, and said that it was largely the arts culture that drew him in here.

"I love that there's a strong community of artists and artisans here," he said. "I'm really hoping to get involved in all of that."

One of Wilmington's newest studios, ArtWorks™, is one of Gene's favorite spaces. 

Aside from a stellar restaurant and food truck selection, and the  art, music, and theatre scenes in Wilmington, Gene is also ecstatic about the  fact that "...it hardly ever snows!" 

As for the house, it's perfect, he says, even if perfectly empty.

Having just flown in from Peru less than ten days ago, Gene and  Lauris have a bed, a table, and everything they need for the kitchen. And, the rest is en route.

While the house looks tiny from the outside, it has three bedrooms (one with a fireplace), a rec room, sun room,  laundry room, two bathrooms and a large family room, also with a fireplace. It feels endless once you're inside, at least in one direction.

The house is a perfect blend of old and new, of fresh and lived in. It seems as rooted in and comfortable as it does newly hatched and exuberant, much like its inhabitants.

"So," says Lauris. "I've decided I must have some nice rocking chairs. I want the real, solid, southern rocking chairs. In fact,   I think that's what we're going to do today, Gene. This porch needs some rocking chairs," she said. 

The proper southern start to happily ever after...

Welcome to the neighborhood, Lauris and Gene! We're so happy you're here. 

 

 

 

Sept. 27, 2017

5 Mistakes New Homebuilders Often Make

5 Mistakes New Homebuilders Often Make

September 27 2017


Designing your own home can be exciting, but it's a lot more work than buying an existing house. With so many moving pieces involved, knowing what works and what doesn't is key. Protect your home's long-term value by sidestepping these five avoidable pitfalls of building a new home.

1. Forgetting About Storage Space
From seasonal items to extra bedding, everything requires a temporary home when not in use. For that, you'll need plenty of storage space. Some simple solutions might include a few extra closets, a sizeable garage space or built-in cabinets and shelving.

2. Skimping on Materials
Anything worth doing is worth doing right, and new home construction is no exception. Even if you're watching your pennies, try not to scrimp on quality, especially when it comes to important things like flooring. The materials you choose can have a huge impact on your home's overall value.

3. Overlooking Energy Efficiency
For an energy-efficient home design, make sure to use earth- and wallet-friendly features like well-sealed windows and green materials during the build. These are your strongest assets in keeping heating and cooling costs down long-term.

4. Losing Sight of Current and Future Needs
Design for your current needs, but keep the future in mind, too. For instance, do you plan to have children? Are you going to pursue a specific hobby, such as woodworking, when you retire? Whatever the future holds, work with your builder to create a dream home that will support your evolving needs.

5. Letting Someone Else Decide
You don't need to keep up with the Joneses to have an ideal space. Only you and your family know what you need most in a new home, so choose and upgrade according to your preferences alone.

In the end, building your ideal home is about identifying both what you want and what you don't want. Choose wisely so your new abode will be comfortable, efficient and attractive to future buyers.

 

Posted in New Construction
Sept. 23, 2017

When to Adjust Your Homeowners Insurance

When to Adjust Your Homeowners Insurance

August 30 2017


Homes often grow and change alongside the people living in them. If you've added expensive furnishings or made substantial upgrades, it's important to re-evaluate your homeowners insurance and make sure your policy reflects those changes. Here are four instances when it may be beneficial to review and adjust your coverage.

Remodeling or Renovation Work
Home improvement projects typically increase the value of your home, which usually calls for more coverage. But that doesn't necessarily mean your insurance rates will automatically increase. In fact, some projects, like adding a new roof, may help you save on your monthly home insurance premiums. Just be sure to notify your provider before any work begins.

Adding a Pool or an Outdoor Trampoline
Because these fun home features come with increased risk of injury, they're labeled an attractive nuisance. Upping your liability insurance can help keep you protected if there's ever an accident on your property and a subsequent lawsuit.

Acquiring New Valuables
Whether you inherit them or purchase them, expensive goods such as jewelry, art, rugs and antiques should be added to your policy. Increasing your coverage is the only way to safeguard them in the event of damage or theft.

Starting a Home Business
Many home-based business owners don't realize they have little, if any, coverage from a homeowners or renters insurance policy. Since a new home business likely means purchasing new technology and expensive equipment, you may need to get additional protection.

You worked hard for your home. Secure your belongings by updating your coverage to match your circumstances.

 

Sept. 23, 2017

Home Projects Best Left to the Pros

Home Projects Best Left to the Pros

September 13 2017


do-it-yourself project can be an empowering way to save money, provided you know what you're doing. But making even one simple mistake could put a strain on your back or your bank account. Often, it's best to put safety first and call a professional. Here are four types of home improvement projects that are best left to the experts.

1. Plumbing or electrical projects -- There's a reason these are skilled trades. Both systems are complex, no matter how straightforward a repair may initially appear. Even small leaks can cause serious water damage, and faulty electrical wiring can lead to a house fire. Don't risk flooding or electric shock. Call a plumber or hire an electrician to make sure these jobs are done right the first time.

2. Renovations with possible code violations -- Structural changes require a licensed contractor. Not only can shoddy craftsmanship severely affect your home's value, but it can also put your family in danger. Accidentally removing a load-bearing wall, for example, could cause an entire room to collapse. Why take the risk?

3. Repairs involving heights -- More than 130,000 ladder-related injuries are treated in emergency rooms each year. Whether you're looking at a roof repair or trimming a tree, consider calling a professional before attempting to complete the job yourself.

4. Time-sensitive projects -- Weigh your work and family commitments before embarking on a home improvement project. Even if you're confident in your abilities, the added pressure of a tight deadline can lead to unnecessary and often dangerous mistakes.

Remember, just because a DIY project looks simple doesn't necessarily mean it's safe. When in doubt, err on the side of caution and call a professional.

Posted in Home Improvements
Aug. 17, 2017

Adding Secret Spaces

Adding Secret Spaces to Your Home

For decades, characters like Batman and James Bond have popularized hidden doors and clandestine passageways. Many homeowners have followed suit, adding secret areas to store valuables, provide a safe place in an emergency or create a fun playroom. Could a hidden feature make you feel safer, secure your possessions better or add to your home's appeal?

Conceal a Room With Books
Sometimes the best part of a bookcase isn't what's on the shelves but what's behind it. These large structures create the perfect veil for a secret door to an undisclosed room. An architect can help you work with the space you have and figure out the details, like which direction a door should swing.

Secure Valuables in an Inconspicuous Safe
A safe is an excellent option for storing and protecting assets like jewelry, passports and cash. But if leaving it in plain sight feels too vulnerable, try concealing it entirely. A wall cutout behind a picture frame, cabinet or mirror makes for an ideal hideaway.

Make a Stealthy Escape
Want an inconspicuous escape route? Consider installing an underground passage with a secret switch to activate it. For example, chess pieces moved into a specific position or a particular book pulled from a shelf can reveal the opening. You can also choose from biometric authentication such as a fingerprint or eye scanner.

You don't have to be a superhero or a secret service agent to enjoy hidden spaces in your home. No matter what you have to hide, a secret room or passage can keep it concealed.

 

Posted in Home Improvements
Aug. 8, 2017

Real Estate Trends and Perceptions

Real Estate Trends and Perceptions

Whether you're interested in buying or selling a home this year, there's reason to be optimistic. See how a healthy real estate market and positive consumer sentiments are contributing to a buoyant housing sector.

Real Estate Trends
The U.S. housing market continues its recovery as home prices gradually increase, interest rates remain low and millennials represent the largest group of homebuyers for the fourth year in a row. There's been a slight increase in historically low interest rates, but that's an indication of an improving economy. Single women homebuyers exceed single men buyers in the U.S. by more than double, accounting for 17 percent of homebuyers (compared to single men at 7 percent). U.S. home values are expected to keep inching up while the inventory of available homes continues to decline.

According to the Canadian Real Estate Association (CREA), there is considerable divergence among regions. Tighter federal regulations have reduced affordability and access to financing for potential homebuyers, sales are down and prices are trending soft. National sales activity is forecast to decrease 1.5 percent in 2017 and 0.8 percent in 2018.

Consumer Sentiments
The 2017 Q1 Housing Opportunities and Market Experience report published by the National Association of Realtors (NAR) shows favorable sentiments among American consumers. Seventy-two percent of those surveyed thought it was a good time to buy, and 69 percent felt it was a good time to sell. More than half said they believed home prices in their community had increased over the previous 12 months. And renters and suburban homeowners, in particular, felt that prices would continue to rise in the second half of the year.

In another NAR report, the Aspiring Home Buyer Profile, nine in 10 nonhomeowners in the U.S. expressed a desire to own a home. Fortunately, if the market trends and consumer perceptions are any indications, 2017 could very well be the year many renters realize their dream of homeownership.

 

Posted in home buying