Thursday, September 23, 2021 / by Anne Rose
Kirk Pugh, with Real Estate state-of-the-market observations, at the end of the third quarter for 2021:
Let's talk about this crazy housing market some. I'd like to run through some statistics because I'm kind of a numbers nerd. And then we'll talk about something a little less quantifiable, although still supported by some of the numbers that the research analysts at Morgan Stanley have put together.
There's been a little bit of chatter, and there have been some rumblings in some of the mastermind groups that I'm a part of, that the market has slowed some, and the numbers kind of support that. So I'd like to talk about the numbers and then talk about why I think the numbers are what they are.
Let's just look at numbers again. These are through July because Morgan Stanley's research always runs about a month behind.
Existing home sales: down nine and a half percent month-over-month for the year
New home sales were down significantly - almost 20%
Purchase mortgage applicati. ...
Thursday, June 10, 2021 / by Anne Rose
Kirk Pugh, on the State of the Real Estate market:
These video updates are when I normally give you a bunch of numbers and statistics and tell you how the market is, and my best advice to buyers and sellers. I'm not going to talk about numbers today. Market's great. End of story.
My take away from today's market is, whether you are a buyer or a seller, in today's market it is absolutely vital that you have a seasoned professional helping you, either on the sell side or the buy side.
As a seller, you really need to take a careful, hard look at every offer you get on your home. As a buyer, you need to listen to your advisor and let them help you craft an offer that is likely to be accepted in this hyper-competitive market. It is very fast-paced. It is moving at the speed of light.
There are lots of reasons why we are in this situation. Increased prices due to demand, cost of materials, and cost of labor. Lots, and lots, and lots of reasons, and also because th ...
Wednesday, March 3, 2021 / by Anne Rose
Teri Moylan, Broker/REALTOR®, offers her knowledge of Carolina Beach, just across Snows Cut Bridge on the Atlantic Intra Coastal Waterway, and the first town on Pleasure Island.
A Top-Rated Coastal Carolina Beach Town
Carolina Beach is just south of Wilmington, North Carolina, and is a great vacation spot, and a wonderful location for people who want to buy their share of the dream and live at the beach. It's a sportsman's paradise in terms of sports fishing and boating and many other things. If you want to take surf lessons, stroll along the beach, or enjoy a dip in the ocean - which during the summer months can get up to 80 degrees.
"I've lived a lot of places, and I've visited many beaches," say Teri, "but there are not many beaches across the country where you can swim in something that feels like bath water and is still refreshing!"
Local love Carolina Beach for all that it has to offer, from the shops, the restaurants, and Britt's Donuts. The boardwalk helps ma ...
Monday, January 11, 2021 / by Anne Rose
Kirk Pugh, Broker/Realtor with KBT Realty Group - Keller Williams, in Wilmington North Carolina, reflects on 2020, a year which is in now in hindsight.
Eight days into 2021, and Kirk sees that the new year has started with a bang.
2020 was a challenging year for everybody on many different levels, although in real estate not one, Kirk reflects. Instead of talking about numbers, success, and patting the KBT Realty Group team on the back, suffice it to say, Kirk notes, that Wilmington North Carolina has a fast-paced, rapidly growing, dynamic real estate market that is extremely beneficial for sellers right now.
Certainly we can sell a house for top-dollar, in this market, in Wilmington, today, Kirk says. The challenge is, where does that seller go? Are they trading laterally, are they downsizing either from a location standpoint or a pricing standpoint?
For sellers today making a decision about selling, is the value of the sale great enough to buy you out of the pain-in-the- ...
Thursday, January 7, 2021 / by Anne Rose
Teri Moylan is a Broker/Realtor with KBT Realty Group - Keller Williams, in Wilmington North Carolina. Teri grew up on North Carolina, about two hours from Wilmington.
As a child, one of her favorite things was the family packing up for the day and heading to the beach with beach toys, rafts, and sunblock to make a great family day out. After college at the University of Tennessee in Knoxville, she ended up on the West Coast. In seven years, she found herself having moved four times working in entertainment marketing for the casino industry. She loved what the work she was doing, but after four moves, she realized that there is an art to relocation, and decided to take that personal experience and put it to work helping other people who were buying and selling real estate.
Teri Moylan has been an active participant in the real estate industry for more than fifteen years. She started out selling in Reno, Nevada, and, when her son was born, she and her husband made an active ch ...