WILMINGTON, N.C. (August 28, 2015) - Through the Strong Neighbor Action Program (SNAP©), the Association is entering the final stretch prior to event day on Saturday, September 12th. On the 12th, dozens of homeowners, led by REALTORS®, will install community projects in three neighborhoods. “Earlier this year, the Association was awarded grants for Bayshore, Chestnut Heights, and Snow’s Cut neighborhoods,” said Bobby Jean Harvey, Community Affairs Committee Chair. “We surveyed neighbors and identified a short list of options for projects, and then met at a neighborhood meeting to make a decision.”
2015 Second Quarter Local Real Estate Zip Code Report
By Sherri Pickard, GRI, CDPE, CSSS, SFR, MBA
2015 President, Wilmington Regional Association of Realtors (WRAR)
WILMINGTON, N.C. (July 20, 2015) – When analyzing eleven major zip codes in our region – 28401, 28403, 28405, 28409, 28411, 28412, 28451, 28480, 28428, 28449, and 28443 – an average of the zip codes shows for second quarter of 2015:
- Our average sales price has increased by 3.7% from first quarter of 2015.
- Of the 1,630 sellers in second quarter of 2015, 38.2% paid some sort of concession toward the purchase of the house.
KURE BEACH, N.C. (July 15, 2015) – On April 1, 2015, the Kure Beach Planning & Zoning Commission attempted to pass a vacation rental ordinance (VRO), which would have created a separate registration and punitive program in place specifically for area rental units.
In concert with a host of REALTORS®, property managers, and citizens from our area, the Association successfully defeated the proposed VOR. The issue has not gone away, and legitimately there are issues of concern. Thus, the Association, working with locals, sent this letter to coastal property managers thereby addressing some the raised concerns, while allowing action to be voluntary.