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Monthly Archives: November 2008
Rates are down!
Thanks to actions by the government and treasury market movements, mortgage rates were down yesterday and continue to remain low today. Currently a 30 year fixed rate mortgage can be had as low as 5.5% (based on a 720 credit … Continue reading
Posted in Economy, Lending, Real Estate
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New Hotel in Downtown Wilmington, NC
Grace Street is fast becoming downtown Wilmington’s hotel alley. CN Hotels, a Greensboro-based developer, officially announced Wednesday plans to build a seven-story, 125-room Courtyard by Marriott at the corner of Second and Grace Streets. That’s just up the road from … Continue reading
Posted in Economy, Interesting
6 Comments
Number of first time homebuyers increasing!
According to the survey, which was released at the 2008 Realtors Conference & Expo, the number of first-time buyers rose to 41 percent from 39 percent of all transactions in 2007. “First-time buyers are much more flexible in entering the … Continue reading
Posted in Economy, Lending, Real Estate
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No economic stabilization without housing recovery!
The National Association of Realtors® has stepped up its challenge to lawmakers encouraging them to take new, decisive actions to address the continuing problems in the housing industry, as well as the ongoing economic crisis. “Our members see firsthand the … Continue reading
Posted in Economy, Real Estate
1 Comment
Wilmington retiree proclaimed a knight
He doesn’t have a suit of armor, he doesn’t carry a sword, and you don’t have to call him “Sir.” Nevertheless, Thomas H. Van Arsdale of Wilmington is a real, live, honest-to-goodness knight – and he has the medal and … Continue reading
Posted in Fun Stuff, Interesting
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New breed of investor looks to housing market
Falling prices and rampant foreclosures are not the stuff of healthy housing markets. But to some real estate investors, the dismal market can signal that it is time to invest. So what if cities like Phoenix and Las Vegas have … Continue reading
Posted in Economy, Interesting, Real Estate
4 Comments
Get Healthy: Seminars to focus on living well
The Cape Fear Coalition for Healthy Aging will hold an event Nov. 13 for seniors to learn about health and wellness topics. The free Living Well Extravaganza is scheduled for 4-8 p.m. at the New Hanover County Senior Center, 222 … Continue reading
Posted in Fun Stuff, Interesting
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