Wilmington NC Real Estate Market Conditions

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Real Estate Agent - Keller Williams Realty - 211734
RECENT BLOG POSTS
Danny Pleasant has been named director of the Charlotte Department of Transportation. Pleasant became interim director after the retirement of Jim Humphrey in late 2007. He has worked in executive positions at the department for seven years. The department is responsible for Charlotte's road plan...
01/22/2009
N.C. General Assembly lawmakers have authorized the drafting of legislation that would cut the state's corporate income tax rate and make fundamental changes to the incentives the state uses to lure companies to North Carolina. A 13-year-old system of tax credits - the William S. Lee program, whi...
01/22/2009
The United States posted its lowest rate of inflation in more than 50 years in 2008, mainly because of a record plunge in gasoline prices. The U.S. Department of Labor says consumer prices dropped 0.7 percent in December, and rose just 0.1 percent for the year. The small uptick last year was much...
01/20/2009
MMG Update + By The Numbers - Tuesday, January 20, 2009 10:19AM ET Current Trend Direction: Sideways Risks favor: Floating Current Price of FNMA 4.0% Bond: $100.06, -12bp Today marks the inauguration of Barack Obama, America's 44th president. President-Elect Obama has an arduous task ahead of him...
01/20/2009
The Better Business Bureau of the Southern Piedmont says complaints against area businesses rose 5 percent last year to 14,972. In 2007 the bureau received 14,180 complaints, up 25 percent over 2006. "For the second year in a row, 85 percent of these complaints were closed satisfactorily, thanks ...
01/19/2009
The average interest rate for a 30-year fixed-rate mortgage fell below 5 percent last week, prompting many homeowners to investigate refinancing options, according to a report by real estate Web site Zillow.com. For the week ended Jan. 11, the average 30-year rate in the United States was 4.92 pe...
01/19/2009
GMAC Financial Services' interest in locating its corporate headquarters here has taken a turn toward uptown, according to sources familiar with the search. Former Bank of America Corp. Chairman Hugh McColl Jr. and others have taken an active role in pushing for the company to focus on center cit...
01/19/2009
(ARA) - Increasing costs have become evident in every aspect of our lives. In addition to daily expenses like gas and groceries, home improvement costs are escalating across the nation as well. The cost of construction materials has risen more than 10 percent during the past year, the Bureau of ...
01/13/2009
Time Warner Cable Inc. will raise its local cable rates next month. Under the new plan basic rates will increase to $12 from $11 per month, while standard service will rise to $54.95 from $51.95. The monthly cost of DigiPic 1000 will grow to $71.95 from $67.75. The company will raise the price of...
01/13/2009
Weak economic data and strong demand for mortgage-backed securities (MBS) helped mortgage rates remain at historically low levels during the week. Refinancing activity has increased dramatically as borrowers have rushed to take advantage of low rates. As a result, backlogs have developed at almos...
01/13/2009
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AimeeFreeman

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