Happy Monday! Wherever you were this past weekend, I hope you were warm and by a cozy fire. Wow, it was cold here. Even though it’s cold outside, the Wilmington market is starting to heat up. We have definitely seen an increase in showings in January and sells are on the rise too. I was at a listing appointment recently …
Buy Where Starbucks Goes?
Today, I read an interesting suggestion for choosing your new home’s community. If you want to purchase a home that will have the highest resale value possible, “go where Starbucks goes.” I find it amusing that I should read this now. I was recently at the Harris Teeter in Landfall where they’ve put in a new Starbucks. If you aren’t …
Walkability in Growing Demand in Greater Wilmington
A recent article in Builder Magazine, “Why Smart Builders Care About Walkability”, highlights the growing demand for homes with high walkability, that is, homes that are within walking distance of area amenities, like restaurants, shops, post offices, etc. The article cites Millenials as a major driving force behind the growing demand: a large percentage of them prefer the city lifestyle …
Why Didn’t My Home Sell?
Are you frustrated that your home hasn’t sold? It doesn’t matter if you’re in Wilmington, Hampstead, or Little Rock, Arkansas – when a home doesn’t sell, it’s likely due to one or more of the following reasons. 1. Lack of Exposure. If you didn’t hire a real estate agent that syndicates their listings online, where 90% of home buyers conduct …
The Real Estate Truth Behind “Funny Farm”
Have you ever watched the classic comedy Funny Farm starring Chevy Chase and Madolyn Osborne? The story is centered on The Farmers, a couple who buy a farmhouse in rural Vermont after the husband quits his day job as a sports reporter to write the Great American Novel. Little do they know they are moving to a small town filled …
Will My Neighbor’s Poorly Maintained Home Affect My Sale?
Q. “Will my neighbor’s poorly maintained home affect my sale?” A. Unfortunately, yes. Neighbors can provide a whole slew of unsightly property issues – peeling paint, trashed yards, broken windows, unmowed lawns, overgrown bushes, and excess vehicles (often parked where they shouldn’t be), to name a few. If the home is out-of-sight, perhaps a few roads over, it might not …