Summer of 2020 is THE Real Estate Season
Why This Summer Is the 2020 Real Estate Season
With stay-at-home orders starting to gradually lift throughout parts of the country, data indicates homebuyers are jumping back into the market. After many families put their plans ...
Read More
Posted by Buddy Blake on May 30, 2020 in Real Estate
Housing Market to Bring Back The Economy
Housing Market Positioned to Bring Back the Economy
All eyes are on the American economy. As it goes, so does the world economy. With states beginning to reopen, the question becomes: which sectors of the economy will drive its ...
Read More
Posted by Buddy Blake on May 26, 2020 in Real Estate
Interest Rates Near Historic Lows
Interest Rates Hover Near Historic All-Time Lows
Some Highlights
Mortgage interest rates have dropped considerably this spring and are hovering at a historically low level.
Locking in at a low rate today could save you thousands of dollars over ...
Read More
Posted by Buddy Blake on May 24, 2020 in Market Statistics
Monday Morning Coffee - Most Showings YTD
Wilmington, NC - The real estate market here in the Wilmington market continues to grow each and every week. As you can see from the chart below, just over the last week we had over 1,600 showings which the the most showings we've seen in a ...
Read More
Posted by Buddy Blake on May 17, 2020 in Monday Morning Coffee
Unemployment Report: No Need to be Terrified
Unemployment Report: No Need to Be Terrified
Last Friday, the Bureau of Labor Statistics (BLS) released its latest jobs report. It revealed that the economic shutdown made necessary by COVID-19 caused the unemployment rate to jump ...
Read More
Posted by Buddy Blake on May 12, 2020 in Real Estate
Monday Morning Coffee - We Are Back!
I trust everyone had a great Mothers Day weekend. It was beautiful here in the Wilmington NC area. Our family was able to spend some quality time on the beach enjoying the weather, sun and seeing all the beautiful families spending a ...
Read More
Posted by Buddy Blake on May 11, 2020 in Monday Morning Coffee
Residents Fleeing Big Cities - Wilmington is Open for Home Buyers
Wilmington NC - We just completed the STRONGEST CONTRACT AND SHOWING WEEK we've seen since the Covid-19 shutdowns began. Activity is still down, but it's picking up dramatically every week. We have been working with dozens of homeowners ...
Read More
Posted by Buddy Blake on May 3, 2020 in Monday Morning Coffee