Wilmington-based Coldwell Banker Sea Coast Advantage has grown again after a merger with Coldwell Banker Coastal Rivers Realty, according to a news release. The new alliance will extend the geographic reach of Coldwell Banker Sea Coast Advantage (CBSCA) in eastern North Carolina northward to Washington and the surrounding are ...

Competing for apartments and other types of rental dwellings in parts of the region can be a chore. Although stories describing the difficulties of securing rental housing in the Port City abound among potential residents and on social media, a new study quantifies it. According to a Yardi Matrix study shared by RentCafe, 12 renters competed for each vacant apartme ...

November year-to-date numbers for the Wilmington area show a decline in the number of homes sold but a nearly 19% increase (from $320,000 to $380,000) in the median sales price, according to a Cape Fear Realtors report. “Activity typically slows down by the time winter comes,” said Ea Ruth, CFR president, in the report. “According to the most recent Re ...

As of early December, the highest-priced sale of the year in the region’s luxury homes category, defined as houses priced at $1 million or more, was a $10 million Figure Eight Island property bought by Sally and Mack Brown, UNC’s head football coach.   In recorded history as of Dec. 5, it was the highest price ever paid for a home in New Hanover County, ...

The housing market in the Wilmington area pumped the brakes in recent months, continuing to slow down heading into the fourth quarter after a manic run. “The rising consumer prices and higher mortgage interest rates squeeze homebuyer budgets, which calms market activity. The cost of borrowing has reached a multi-year high as mortgage interest rates topped 6% for t ...

The seller of a Wrightville Beach home, now listed for nearly $14 million, withdrew the house from an auction that had been set to begin Dec. 9. The custom-built, 8,600-square-foot house at 1 Auditorium Circle, off Causeway Drive between the Intracoastal Waterway and the Atlantic Ocean, is listed by Wilmington-based Landmark Sotheby's International Realty ...

Wilmington-based Sweyer Property Management has formed a new multifamily management division, according to an announcement Thursday. "While the company has managed multifamily properties for many years, the creation of a new division dedicated to managing apartments, townhomes and build-to-rent communities marks an expansion in its efforts to better serve these cus ...

Investors finished renovating two- and three-bedroom apartments in two Wilminton communities at the end of November on their way to converting them from student apartments to conventional housing. Private equity real estate investment firm Lucern Capital Partners bought the complexes that are now called Oasis at Cedar Branch, 205 Cedar Branch Lane, and Oasis at Twinwood ...

A Charlotte-based developer aims to build apartments in midtown Wilmington, according to site plans submitted to the city. The plans, prepared by the Timmons Group for developer Gateway Communities, describe a 264-unit apartment community called The Willows at Wilmington, which would be built on nearly 7.7 acres at 3903, 3907 and 3913 Carolina Beach Road. Efforts to ...

Bidding opens next week for the online auction of a Wrightsville Beach waterfront home listed for nearly $14 million, with a $100,000 bidder deposit required and no reserve. The custom-built, 8,600-square-foot house off Causeway Drive between the Intracoastal Waterway and the Atlantic Ocean was listed by Wilmington-based Landmark Sotheby's International Realty ...