HIGHLIGHT REEL VIDEO

PHOTO SLIDESHOW

DESIGNATED REALTORS®
Youngbon Kim, (Secondary), Young Kim Realty
Chris Spivey, RE/MAX Essential
Trina Thomas, Absolute Property Brokers

NEW OFFICE
Absolute Property Brokers
Young Kim Realty

NEW REALTOR® MEMBERS
Ashley Adler, Brunswick Forest Realty, LLC
Beverly Biggs, Intracoastal Realty Corp
Jeffrey Brown, Coastal Porperties
Mark Bullard, Live Oak Real Estate
Brooke Delisle, Intracoastal Realty Corp
James Diaz, Coldwell Banker Sea Coast Advantage
Kimberly Duxbury, Century 21 Sweyer & Associates
Mary Galloway, Intracoastal Realty Corp
Laurie Gardner, BlueCoast Realty Corporation
Ladd Gasparovic, Coldwell Banker Sea Coast Advantage
Lara Gibb, Intracoastal Realty Corp
Jonathan Harris, Coldwell Banker Sea Coast Advantage
Tammy Harris, Network Real Estate
Lisa Heglar, Coldwell Banker Sea Coast Advantage
Youngbon Kim, (Secondary), Young Kim Realty
Mary Lowder, RE/MAX Essential
Eddie Palmer, Carolina Coast Realty, Inc.
Lynette Saunders, Resort Brokerage & Consulting
Lauren Seidel, Coldwell Banker Sea Coast Advantage
Jerry Stevens, Coldwell Banker Sea Coast Advantage
Shirley Tiffany, Coldwell Banker Sea Coast Advantage
Lucas Wagy, Century 21 Sweyer & Associates
Michael Wolf, Intracoastal Realty Corp
Austin Yarborough, RE/MAX Essential

REINSTATEMENTS
Morris Atkins, Atkins Appraisal Services
David Berne, Atlantic Realty Professionals, Inc.
Wendy Kimball, Intracoastal Realty Corp.
Rhonda McKeel, Century 21 Sweyer & Associates

RESIGNATIONS
Tina Caruso, Tina Caruso, Appraiser
Pamela Clement, Coldwell Banker Sea coast Advantage
Jamie Cook, Century 21 Sweyer & Associates
Joy Donat, Intracoastal Realty Corp
William Feige, (Secondary), RE/MAX Essential
Meredith Jackson, Coldwell Banker Sea Coast Advantage
Rose Ludwig, Fonville Morisey & Barefoot
Wayne Musser, BluCoast Realty Corporation

TRANSFERS
MaryEllen Bennies, Wilkinson & Associates ERA Powered
Jamie Butz, BlueCoast Realty Corporation
Kendra Grannan, BlueCoast Realty Corporation
Gloria Green, Wilkinson & Associates ERA Powerd
Susan Harkins, Do Good Real Estate
Elizabeth Hart, Coldwell Banker Sea Coast Advantage
J. Michael Hutson, Carolina Commercial Investment
Lee A Rouse, BlueCoast Realty Corporation
Martha Walters, Century 21 Brock & Associates
Desiree Whalen, Coldwell Banker Sea Coast Advantage
Tammy Ritter, Do Good Real Estate
Desiree Whalen, Coldwell Banker Sea Coast Advantage

TERMINATIONS
Andrew Aguilar, Century 21 Sweyer & Associates
Rebecca Milligan, Coldwell Banker Sea Coast Advantage

TERMINATIONS (FAILURE TO RESIGN/TRANSFER IN 30 DAYS)
John Farmer, Joseph A. Robb & Associates
Gary Mendelsohn, Harley & Associates Commercial

Bob Wallen, an active member of the Wilmington Regional Association of REALTORS® for the past 19 years, is a veteran of the US Air Force who served during the Vietnam Conflict. He was a flight crew member during rescue missions in Vietnam and also flew from the east coast on many trips to Vietnam to transport blood, troops and supplies. The second honoree, Priscilla Dennis, has been a member of the Fayetteville Regional Association of REALTORS® since 2004. Dennis is a Retired Master Sergeant of 20 years from the US Army.

The third honoree assisting in the ceremony was Mike Butrum, Government Affairs Director for the Asheville Board of REALTORS®. Butrum, transferred to the US Army’s Third Regiment (“The Old Guard”) in June 1965, volunteered to accept training to become a Tomb Guard that same month. After training and tests, he was accepted to the Tomb Guards in August 1965. Butrum was on duty when President Johnson laid the Presidential Wreath and made his speech in the Amphitheater in May of 1966. There have been 610 Tomb Guard Badges awarded to date (given for 9 consecutive months as a member of the Tomb Guard) and Mike’s badge number is 46. He is a life time member of the Society of the Honor Guard – Tomb of the Unknown Soldier.

Senator Burr attended the ceremony, along with close to 40 REALTOR® members across the state. Visit the NCAR Facebook page to see photos from the event.

The study’s results are representative of the nation’s Realtors®; Realtors® are members of NAR and account for about half of the approximately 2 million active real estate licensees in the U.S.*  Many non-member licensees are inactive or part time.  Realtors® go beyond state licensing requirements by subscribing to NAR’s Code of Ethics and Standards of Practice and committing to continuing education.  NAR members also have access to professional resources to better serve their clients’ needs.
 
Paul Bishop, NAR vice president of Research, said growth in the housing market has improved the earnings of real estate professionals.  “The median gross income of a Realtor® rose to $43,500 in 2012 from $34,900 in 2011, which is only the second gain in the past 10 years,” he said.  “To put that in perspective, the median Realtor® income had fallen by 35 percent during the housing downturn, but with the help of sustained increases in both home sales and prices, it’s recovered to the highest level since 2006.”
 
Members licensed as brokers typically earned $54,900 in 2012, while the median for sales agents was $34,000.
 
Median gross income tends to increase with experience; NAR members in the business for 16 years or more earned $57,300.  Realtors® working 60 hours a week or more earned $85,700, and 21 percent of all members earned a six-figure income.
 
There are two sides to every real estate transaction – one each for the seller and the buyer.  Among Realtor® members the median number of transaction sides or commercial deals handled in 2012 was 12, up from 10 transaction sides in 2011.
 
NAR President Gary Thomas, broker-owner of Evergreen Realty in Villa Park, Calif., said the real estate business is cyclical.  “Realtors® have some way to go to surpass the peak income recorded back in 2002.  Interestingly, the peak wasn’t during the bubble years because there were way too many people in the business,” he said.  “To help smooth out the peaks and valleys associated with residential sales, many Realtors® are diversified into related services.  As a result, changes in Realtor® income don’t exactly parallel changes in home sales and prices.”
 
Eight out of 10 NAR members focus on residential sales and 73 percent have secondary real estate specialties.  Eighteen percent of residential specialists also offer commercial property management, 17 percent relocation services, 15 percent commercial brokerage, 8 percent counseling and 7 percent land development.  Smaller percentages were also in residential appraisal, residential property management, auctions, international or commercial appraisal.
 
For Realtors® who have other primary specialties, 37 percent listed residential brokerage as a secondary business.
 
Repeat business and referrals are important to the success of Realtors®.  Repeat business accounted for a median 21 percent of activity in 2012 and is higher for those with more experience – for members in the business 16 years or more, repeat business was 40 percent of their activity.  Referrals accounted for an additional 21 percent of all business.
 
Several factors limit potential clients in completing transactions.  Members said the biggest impediment was difficulty in obtaining a mortgage, cited by 29 percent of respondents, followed by difficulty in finding the right property, 25 percent.
 
The typical NAR member has 13 years of experience and works 40 hours per week; 57 percent are women, who account for 52 percent of brokers and 63 percent of sales agents.  Ninety-four percent of Realtors® are certain they will remain in the business for at least two more years.
 
Thirty-nine percent of Realtors® hold at least one out of six certifications in specialized training.  The most popular area of training, driven by an elevated level of distressed homes in recent years, is the Short Sales and Foreclosures Resource Certification (SFR), held by 23 percent.
 
The second most popular Realtor® certification is e-Pro, held by 17 percent of members to help them better serve the online needs of clients, followed by REPA (Real Estate Professional Assistant), 7 percent.
 
 In addition, 36 percent of Realtors® have obtained at least one professional designation.  The most popular is GRI (Graduate Realtor® Institute), held by 21 percent of respondents; ABR® (Accredited Buyer Representative®), 15 percent; and CRS® (Certified Residential Specialist®), 11 percent.  Smaller shares hold one of 14 other designations.
 
Twenty-two percent of Realtors® belong to one or more of NAR’s affiliated institutes, societies or councils; the most common is CRS (Council of Residential Specialists), identified by 12 percent.
 
The survey shows the typical NAR member is 57 years old; only 2 percent of all Realtors® are under 30 years of age and another 4 percent are 30 to 34 years old; 25 percent are 65 or over.
 
Most members – 56 percent – are licensed as sales agents; 27 percent are brokers, 18 percent broker associates and 4 percent appraisers (some hold more than one license).  Fourteen percent of members have one personal assistant, while 4 percent have two or more personal assistants.
 
Sixty-four percent of NAR members have a personal website, operational for a median of eight years, and 94 percent report their firm has a Web presence.  Fifty-six percent of the respondents use social or professional networking sites and 12 percent have a blog.  Realtors® use a variety of communications methods, with 92 percent preferring e-mail for current clients or customers, followed by telephone at 90 percent and text messaging, 74 percent.
 
Sixty-eight percent of respondents are compensated through a split commission arrangement, 18 percent receive all of the commission and another 4 percent receive a commission plus a share of profits; 10 percent received some other form of compensation.  Eighty-three percent of members work as independent contractors for their firms.  The vast majority of Realtors® receive no fringe benefits, although 22 percent are covered by errors and omissions insurance; only 4 percent receive health insurance through their firm.
 
Most members begin their careers in other fields and bring a wide range of expertise and experience to the profession; only 6 percent report real estate is their first career.  Previous full-time careers include management, business or financial, 19 percent; sales or retail, 15 percent; office or administrative support, 9 percent; and education, 7 percent.  Thirteen other categories were each 4 percent or less; 16 percent were “other.”
 
Respondents worked for a firm with a median of 23 brokers and agents, typically with one office, and had been with that firm for seven years.  Fifty-six percent of members are affiliated with an independent firm, and 40 percent are with a franchised company; 3 percent are other.  Ten percent of Realtors® report their firm was bought by or merged with another during the past two years, down from 11 percent in the 2012 study.
 
Nearly nine out of 10 Realtors® are homeowners.  They often invest in real estate and own other homes in addition to their primary residence – 36 percent own at least one residential investment property and 10 percent own at least one commercial property.  In addition, 13 percent own at least one vacation home.
 
NAR members are active in the political process – 94 percent of respondents participated in the last national election and 86 percent voted in the last local election.  They are well-educated, with 50 percent holding at least a bachelor’s degree; 15 percent are fluent in other languages.  Four percent of all their business comes from clients whose primary language is not English.
 
The 2013 National Association of Realtors® Member Profile is based on a survey of 58,068 members, which generated 4,883 usable responses, representing an adjusted response rate of 8.4 percent.  Survey responses were weighted to be representative of state-level NAR membership.  Income and transaction data are for 2012, while other data represent member characteristics in early 2013.  The study can be ordered by calling 800-874-6500, or online at www.realtor.org/prodser.nsf/Research.  The profile costs $14.95 for NAR members and $149.95 for nonmembers.

Starting July 1, 2013, Internet Explorer® 8 will no longer be supported by Rapattoni MLS. Note that Internet Explorer® 10 is only available on Windows 7 and Windows 8. Microsoft is NOT making Internet Explorer® 10 available for Windows Vista or Windows XP users, and Internet Explorer® 9 is not available for Windows XP either.

Rapattoni MLS will continue to support Windows XP users on the current version of Mozilla Firefox® v20 and Google Chrome® v26. Mozilla Firefox® can be downloaded for free by visiting http://www.mozilla.org/en-US/firefox/all/ and Google Chrome® can be downloaded for free by visiting https://www.google.com/intl/en/chrome/browser/features.html. Upgrading your current web browser to one of these supported browsers will result in a more secure and better performing platform for using and viewing the MLS. In addition to Internet Explorer® 9, Internet Explorer® 10, Mozilla Firefox® v20, and Google Chrome® v26, Rapattoni MLS is also compatible with Apple® Safari® 5.

Users can contact Rapattoni MLS Technical Support at 866-730-7114 for assistance upgrading their version of Internet Explorer® or installing an alternate browser.

  – Destyn Dagle, Director of MLS Software at Rapattoni Corporation

 
Total housing inventory at the end of March increased 1.6 percent to 1.93 million existing homes available for sale, which represents a 4.7-month supply² at the current sales pace, up from 4.6 months in February. Listed inventory remains 16.8 percent below a year ago when there was a 6.2-month supply.
 
“The inventory improvement last month results from a seasonal gain, but conditions continue to broadly favor sellers. We need a housing supply of over 6 months to have a generally balanced market between home buyers and sellers, but it’s unlikely we’ll get there without greater increases in housing construction,” Yun said.
 
The national median existing-home price³ for all housing types was $184,300 in March, which is 11.8 percent higher than March 2012. The March increase is the strongest since November 2005 when it rose 12.9 percent from a year earlier, and the last time there were 13 consecutive months of year-over-year price increases was from May 2005 to May 2006.
 
Distressed homes⁴ – foreclosures and short sales – accounted for 21 percent of March sales, down from 25 percent in February and 29 percent in March 2012. Thirteen percent of March sales were foreclosures, and 8 percent were short sales. Foreclosures sold for an average discount of 15 percent below market value in March, while short sales were discounted 13 percent.
 
According to Freddie Mac, the national average commitment rate for a 30-year, conventional, fixed-rate mortgage increased to 3.57 percent in March from 3.53 percent in February; it was 3.95 percent in March 2012.
 
NAR President Gary Thomas, broker-owner of Evergreen Realty in Villa Park, Calif., said homes are selling much faster. “The typical home sold in March was on the market for one month less than it took to sell a year ago,” he said. “Multiple bidding is becoming more common, and more homes are selling above the asking price, so buyers need to move quickly and follow their Realtor®’s advice for contingencies when making contract offers.”
 
The median time on market for all homes was 62 days in March, down from 74 days in February and is 32 percent below 91 days in March 2012. Short sales were on the market for a median of 81 days, while foreclosures typically sold in 46 days and non-distressed homes took 66 days. Thirty-seven percent of all homes sold in March were on the market for less than a month.
 
First-time buyers accounted for 30 percent of purchases in March, unchanged from February; they were 33 percent in March 2012.
 
All-cash sales were at 30 percent of transactions in March, down from 32 percent in February; they were 32 percent in March 2012. Individual investors, who account for most cash sales, purchased 19 percent of homes in March, down from 22 percent in February; they were 21 percent in March 2012.
 
Single-family home sales slipped 0.2 percent to a seasonally adjusted annual rate of 4.32 million in March from 4.33 million in February, but are 9.1 percent above the 3.96 million-unit level in March 2012. The median existing single-family home price was $185,100 in March, up 12.1 percent from a year ago.
 
Existing condominium and co-op sales fell 3.2 percent to an annualized rate of 600,000 units in March from 620,000 in February, but are 20.0 percent higher than the 500,000-unit pace a year ago. The median existing condo price was $178,900 in March, which is 10.4 percent above March 2012.
 
Regionally, existing-home sales in the Northeast were unchanged at an annual rate of 630,000 in March and are 6.8 percent above March 2012. The median price in the Northeast was $237,000, up 3.0 percent from a year ago.
 
Existing-home sales in the Midwest rose 1.8 percent in March to a pace of 1.16 million and are 14.9 percent above a year ago. The median price in the Midwest was $141,800, up 7.8 percent from March 2012.
 
In the South, existing-home sales slipped 1.5 percent to an annual level of 1.95 million in March but are 12.7 percent above March 2012. The median price in the South was $161,700, which is 10.4 percent above a year ago.
 
Existing-home sales in the West declined 1.7 percent to a pace of 1.18 million in March but are 4.4 percent above a year ago. With notably constrained inventory conditions, the median price in the West rose to $258,100, up 26.1 percent from March 2012.
 
The National Association of Realtors®, “The Voice for Real Estate,” is America’s largest trade association, representing 1 million members involved in all aspects of the residential and commercial real estate industries. For additional commentary and consumer information, visit www.houselogic.com and http://retradio.com.
 
# # #
 
NOTE: For local information, please contact the local association of Realtors® for data from local multiple listing services. Local MLS data is the most accurate source of sales and price information in specific areas, although there may be differences in reporting methodology.
 
1 Existing-home sales, which include single-family, townhomes, condominiums and co-ops, are based on transaction closings from Multiple Listing Services. Changes in sales trends outside of MLSs are not captured in the monthly series. NAR rebenchmarks home sales periodically using other sources to assess overall home sales trends, including sales not reported by MLSs.
 
Existing-home sales, based on closings, differ from the U.S. Census Bureau’s series on new single-family home sales, which are based on contracts or the acceptance of a deposit. Because of these differences, it is not uncommon for each series to move in different directions in the same month. In addition, existing-home sales, which account for more than 90 percent of total home sales, are based on a much larger data sample – about 40 percent of multiple listing service data each month – and typically are not subject to large prior-month revisions.
 
The annual rate for a particular month represents what the total number of actual sales for a year would be if the relative pace for that month were maintained for 12 consecutive months. Seasonally adjusted annual rates are used in reporting monthly data to factor out seasonal variations in resale activity. For example, home sales volume is normally higher in the summer than in the winter, primarily because of differences in the weather and family buying patterns. However, seasonal factors cannot compensate for abnormal weather

patterns.
 
Single-family data collection began monthly in 1968, while condo data collection began quarterly in 1981; the series were combined in 1999 when monthly collection of condo data began. Prior to this period, single-family homes accounted for more than nine out of 10 purchases. Historic comparisons for total home sales prior to 1999 are based on monthly single-family sales, combined with the corresponding quarterly sales rate for condos.
 
2 Total inventory and month’s supply data are available back through 1999, while single-family inventory and month’s supply are available back to 1982 (prior to 1999, single-family sales accounted for more than 90 percent of transactions and condos were measured only on a quarterly basis).
 
3 The median price is where half sold for more and half sold for less; medians are more typical of market conditions than average prices, which are skewed higher by a relatively small share of upper-end transactions. The only valid comparisons for median prices are with the same period a year earlier due to a seasonality in buying patterns. Month-to-month comparisons do not compensate for seasonal changes, especially for the timing of family buying patterns. Changes in the composition of sales can distort median price data. Year-ago median and mean prices sometimes are revised in an automated process if additional data is received.
 
The national median condo/co-op price often is higher than the median single-family home price because condos are concentrated in higher-cost housing markets. However, in a given area, single-family homes typically sell for more than condos as seen in NAR’s quarterly metro area price reports.

 
4 Distressed sales (foreclosures and short sales), days on market, first-time buyers, all-cash transactions and investors are from a monthly survey for the NAR’s Realtors® Confidence Index, posted at Realtor.org.
 
The Pending Home Sales Index for March will be released April 29, existing-home sales for April is scheduled for May 22, and first quarter metro area home prices will be published May 9; release times are 10:00 a.m. EDT.

[Wilmington, NC] When analyzing six major zip codes in our region – 28403, 28405, 28409, 28411, 28412 and 28451 – an average of the zip codes for the first quarter of 2013 shows that:

• Our average sales price has increased by 7.0% from 1st  Quarter 2012
• Of the 713 sellers in 1st Quarter – 26.9% paid some sort of concession toward the purchase of the house.
• Our list to sales price ratio for 1st Quarter is 96.55%, an increase from 95.6% for 1st Quarter 2012.
• The average list price of the sold properties is $234,489 and is up 6% from 1st Quarter 2012.
• The average number of days a property remained on the market for 1st Quarter was 126 days, compared to 169 days for 1st Quarter 2012.
• The median sold price of $176,500 for 1st Quarter has increased 3.8% from 1st Quarter 2012.

The areas of focus in this analysis were:  

• Selling Price – The price the seller accepts for his or her house.
• Sellers Concessions – The amount of money a seller of a house contributes toward the buyers purchase.
• List to Sales Price Ratio – The difference between the list price and the selling price shown as a percentage.
• Days on Market – The number of days a house remains for sale, from the listing date to the date the property is placed under contract.
• List Price – The amount of money a home is listed on the market.
• Median Price – The middle price of all the properties sold in the given time period.

28403 Zip Code

• The average selling price of $197,219 has increased 24.3% from 1st Quarter 2012 average selling price of $158,656.  The best of all Zip Codes.
• 22% of sellers paid a concession, compared to 29% in 1st Quarter 2012. The best of all Zip Codes.
• The average list price of $206,337 has increased 20.4% from 1st Quarter 2012 average list price of $171,412.
• The average number of days a property remained on the market for 1st Quarter was 146 days, compared to 180 days for 1st Quarter 2012.
• The median sold price of $163,000 for 1st Quarter has increased 16.6% from 1st Quarter 2012.
• Sold homes in the 1st Quarter received 95.5% of the asking price, an increase from 92.5% for 1st Quarter 2012.

28405 Zip Code

• The average selling price of $274,334 has increased 22.0% from 1st Quarter 2012 average selling price of $224,930.
• 25% of sellers in 1st Quarter paid a concession, compared to 32% for 1st Quarter 2012.
• The average list price of $288,035 for 1st Quarter has increased 20.8% from 1st Quarter 2012 average list price of $238,384. The best of all Zip Codes.
• The average number of days a property remained on the market for 1st Quarter was 144 days, compared to 177 days for 1st Quarter 2012.
• The median sold price of $186,500 for 1st Quarter has increased 14.8% from 1st Quarter 2012. The best of all Zip Codes.
• Sold homes in 1st Quarter received 95.2% of the asking price, an increase from 94.3% for 1st Quarter 2012.

28409 Zip Code

• The average selling price of $251,465 has decreased 8.6% from 1st Quarter 2012 average selling price of $275,226.
• 30% of sellers in 1st Quarter paid a concession, compared to 24% in 1st Quarter 2012.
• The average list price of $259,540 for 1st Quarter has decreased 8.9% over 1st Quarter 2012 average list price of $284,807.
• The average number of days a property remained on the market for 1st Quarter was 119 days, compared to 178 days for 1st Quarter 2012.
• The median sold price of $217,500 for 1st Quarter has decreased 11.2% from 1st Quarter 2012.
• Sold homes in 1st Quarter received 96.8% of the asking price, an increase from 96.6% from 1st Quarter 2012.

28411 Zip Code

• The average selling price of $269,879 has increased 5.0% from 1st Quarter 2012 average selling price of $257,058.
• 42% of sellers in 1st Quarter paid a concession, compared to 35% in 1st Quarter 2012.
• The average list price of $280,999 for 1st Quarter has increased 4.4% over 1st Quarter 2012 average list price of $269,105.
• The average number of days a property remained on the market for 1st Quarter was 128 days, compared to 164 days for 1st Quarter 2012.
• The median sold price of $197,500 for 1st Quarter has decreased 11.2% from 1st Quarter 2012.
• Sold homes in 1st Quarter received 96.0% of the asking price, an increase from 95.5% for 1st Quarter 2012.

28412 Zip Code

• The average selling price of $180,194 has increased 7.6% over 1st Quarter 2012 average selling price of $167,516.
• 25% of sellers in 1st Quarter paid a concession, compared to 33% in 1st Quarter 2012.
• The average list price of $184,477 for 1st Quarter has increased 5.8% over 1st Quarter 2012 average list price of $174,412.
• The average number of days a property remained on the market for 1st Quarter was 114 days, compared to 163 days for 1st Quarter 2012. The best of all Zip Codes.
• The median sold price of $151,900 for 1st Quarter has increased 8.5% from 1st Quarter 2012.
• Sold homes in 1st Quarter received 97.6% of the asking price, an increase from 96.0% for 1st Quarter 2012.

28451 Zip Code

• The average selling price of $184,133 has increased 2.6% from 1st Quarter 2012 average selling price of $179,447.
• 25% of sellers in 1st Quarter paid a concession, compared to 27% in 1st Quarter 2012.
• The average list price of $187,751 for 1st Quarter has increased 2.3% over 1st Quarter 2012 average list price of $183,603.
• The average number of days a property remained on the market for 1st Quarter was 117 days, compared to 159 days for 1st Quarter 2012.
• The median sold price of $160,000 for 1st Quarter has increased 6.9% from 1st Quarter 2012.  
• Sold homes in 1st Quarter received 98.0% of the asking price, an increase from 97.7% for 1st Quarter 2012. The best of all Zip Codes.

We continue on our path to recovery, five out of six zip codes reported an increase in the average sales price. All six zip codes have the List to Sales price ratio above 95% – this is the 3rd quarter we have had this ratio. A good sign that real estate is recovering is that clients are getting closer to their asking price. All six zip codes reported fewer days on the market by an average of 21 days. For more market data that covers our entire MLS, please visit www.wrar.com and click on the “Home Sales Stats” link.

An Analysis of information from the Wilmington Regional Association of Realtors® Incorporated, for the period Jan. 1, 2005 through March 31, 2013 – data pulled on April 14, 2013. Average sold numbers for specific neighborhoods within each zip code can be higher or lower than these stated averages. It is highly recommend that you consult a Realtor® to determine how these numbers specifically relate to your neighborhood. Local MLS data is the most accurate source of sales and price information in specific areas, although there may be differences in reporting methodology.

NEW OFFICE
Resort Brokerage & Consulting
Sara Morgan Properties
Stewart Building Company, LLC
Carolina Commercial Investment Properties

NEW REALTOR® MEMBERS
Baxter Cheek, Resort Brokerage & Consulting
Charles Cipolla, Network Real Estate
Betsy Ennis, Intracoastal Realty Corp
Kelly Hedgepeth, North Lake Properties Inc.
Holly Long, Intracoastal Realty Corp
Carey McMullen, Intracoastal Realty Rentals
Mindy McSmith, Wilkinson & Associates ERA Powered
Thomas O’Neill, Atlantic & Pacific Real Estate
Marianne Psilos, Coldwell Banker Sea Coast Advantage
 
REINSTATEMENTS
Nicholas Fulbright, Economic Solutions
Sara Morgan, Sara Morgan Properties

RESIGNATIONS
Joel Budd, Bryant Real Estate
Kristen Crawford, Intracoastal Realty Corp
Jennifer Holmes, Intracoastal Realty Corp
Karen Thomas, Coldwell Banker Sea Coast Advantage

TRANSFERS
Julie Cooper, Wilkinson & Associates ERA Powered
LaDee Marr, RE/MAX Essential
Christopher Oliver, Wilkinson & Associates ERA
Andrew Smith, Homeplace Realty Associates Inc

TERMINATIONS (FAILURE TO RESIGN/TRANSFER IN 30 DAYS)
Christopher Chaffin, Prudential Laney Real Estate