Early 2020 Wilmington NC Market Update

Early 2020 Wilmington NC Market Update

Meghan Henderson General Real Estate Leave a Comment

It’s typical for home sales at the beginning of the year to look drastically different from those in the final months of the prior year. Frequently, buyers and sellers aim to complete the real estate process prior to December 31st in order to apply the financial benefits to their upcoming taxes. So, it’s not uncommon to see a big dip …

Are We Facing a New Housing Emergency?

Are We Facing a New Housing Emergency?

Meghan Henderson General Real Estate Leave a Comment

Right now, the national housing market is facing a large inventory shortage and conditions aren’t improving. The U.S. Census Bureau and the U.S. Department of Housing and Urban Development released a statement that housing starts i.e. new homes under construction were at an 8 month low in May. To add to this pressure, things aren’t looking up for June, because …