Blog
August/September 2022 Real Estate Report
Brunswick County Market Report August-Current 2022 Now lets talk about Brunswick County’s Residential Stats: 10% LESS new listings in August 22 than August 21Almost the same amount of units sold in August 22 than August 21Avg SP and Median SP up slightly over August 21Almost the same total sales $ in Aug 22 and Aug... Read More
2022 Housing Market Year In Review: Looking Back on a Historic Year
2022 Housing Market Year In Review: Looking Back on a Historic Year 17 housing trends that defined the year, including record home prices and sky-high mortgage rates The 2022 housing market was nothing short of remarkable. The pandemic and resulting remote work continued to define how, when, and where people bought homes. The median U.S. home... Read More
Reasons To Sell Your House This Season
Reasons To Sell Your House This Season [INFOGRAPHIC] Some Highlights If you’re planning to make a move but aren’t sure if now’s the right time, here are a few reasons why you shouldn’t wait to sell your house. The supply of homes for sale, while growing, is still low today. Plus, serious buyers are out looking right now, and... Read More
VA Loans: Making Homes for the Brave Achievable [INFOGRAPHIC]
VA Loans: Making Homes for the Brave Achievable [INFOGRAPHIC] Some Highlights VA Loans can help make homeownership possible for those who have served our country. These loans offer great benefits for eligible individuals and can help them buy a VA-approved house or condo, build a new home, or make improvements to their house. Homeownership is the American Dream. One way... Read More
Home Equity: A Source of Strength for Homeowners Today
Home Equity: A Source of Strength for Homeowners Today Experts agree there’s no chance of a large-scale foreclosure crisis like we saw back in 2008, and that’s good news for the housing market. As Mark Fleming, Chief Economist at First American, says: “. . . don’t expect a housing bust like the mid-2000s, as lending standards in this housing... Read More
April 2022 Real Estate Stats Brunswick County NC
Main points: The strong luxury market contributes to higher average sale prices. In March, 65% of homes sold for 99% or more of list price. There is less than one month’s worth of inventory on the market. While monthly sales were down due to lack of inventory, we are keeping pace with 2021’s total sales... Read More
What to expect from the spring housing market
What You Can Expect from the Spring Housing Market As the spring housing market kicks off, you likely want to know what you can expect this season when it comes to buying or selling a house. While there are multiple factors causing some uncertainty, including the conflict overseas, rising inflation, and the first rate increase from the Federal Reserve in over three years —... Read More
What You Need To Know if You’re Thinking About Building a Home
What You Need To Know if You’re Thinking About Building a Home If you’re ready to move up, you may be trying to decide whether you want to buy a home that’s already on the market or build a new one. And since the supply of homes available for sale today is low, you’re willing to consider... Read More
Mortgage Rate Update
Mortgage Rates Higher Than at Any Point in 2021 After a string of record-breaking low mortgage rates last year, 2021 has ushered in a new direction for rates. Unfortunately, that direction is up. It’s not all bad news though. Rates are rising due to expectations that trillions in new economic stimulus will spur a faster... Read More
Homeowner Wealth Increases Through Growing Equity This Year Building financial wealth and stability remains one of the top reasons Americans choose to own a home, and as a homeowner, your wealth often grows without you even realizing it. In a recent paper published by the Urban Institute, Home Ownership is Affordable Housing, author Mike Loftin illustrates how homeowners increase... Read More