NORTH CAROLINA #4 IN TOP 10 NEW HOME RESIDENTIAL SALES IN 2014

by seacoast_ashley 25. July 2014 08:17

According to Builderonline.com, new home sales data from the Census Bureau showed a slight drop on a seasonally-adjusted basis in 2014.

But some markets are Hot!

NORTH CAROLINA IS #4 NATIONWIDE!

 

 

 

 

Coldwell Banker Sea Coast Advantage is proud to represent some of the finest builders in Southeastern North Carolina.

Check out great new home communities:

www.cbseacoastnewhomes.com  (Wilmington / Southport / Leland / New Hanover County / Brunswick County / Pender County)

www.newhomesofjacksonville.com  (Jacksonville / Hampstead / Onslow County / Pender County)

 

CAROL AVERITTE JOINS COLDWELL BANKER SEA COAST ADVANTAGE AS MANAGING BROKER FOR THE SOUTHPORT AND OAK ISLAND OFFICES

by seacoast_ashley 20. July 2014 07:48

 

Carol Averitte has joined Coldwell Banker Sea Coast Advantage as the Managing Broker of its Southport and Oak Island offices. Averitte brings more than 23 years of experience in all aspects of real estate, including residential sales, relocation and property management. She also brings extensive management and leadership capabilities, having acted as Broker in Charge at another firm, and having been a partner in a successful real estate company in North Carolina. Averitte recently relocated to Brunswick County from Columbia, SC to be closer to her children and to enjoy the coastal lifestyle.

 

            As Managing Broker, Averitte is responsible for the day-to-day operations of the Southport and Oak Island offices, as well as agent recruiting, training and support. The Southport office, which is located at 4911 Long Beach Road, has 44 agents and is centrally located between Southport, Boiling Spring Lakes, St. James Plantation, Oak Island and Caswell Beach. Year to date, the Southport office has closed on 373 units with a total value of $65.7 million.

 

            The Oak Island office is located on the corner of East Oak Island Drive and SE 61st Street. Year to date, its 7 agents have closed on 56 units totaling $12.7 million. Oak Island features free parking and 52 public access points on one of the prettiest beaches in North Carolina.  The island has two fishing piers, a golf course, boat launching sites, canoeing, kayaking, skateboarding park, tennis courts, public parks, marina and the Oak Island lighthouse. 

 Coldwell Banker® Sea Coast Advantage is the largest and best-selling real estate company in New Hanover, Brunswick and Onslow counties, with more than $1.1 billion in closed home sales in 2013. Sea Coast Advantage was founded in Wilmington, NC in 1988 and joined Coldwell Banker® in 1993.  Sea Coast Advantage is staffed by more than 375 real estate agents in New Hanover, Brunswick, Pender, and Onslow counties. It operates offices in Wilmington, Leland, Jacksonville, Carolina Beach, Topsail Island, Hampstead, Southport, Sneads Ferry, South Brunswick, Oak Island and Holden Beach. Coldwell Banker Sea Coast Advantage also has an ownership interest in 18 Coldwell Banker Advantage offices in Raleigh, Fayetteville and Southern Pines with an additional 325 agents serving those markets. For additional information, go to www.seacoastrealty.com.

Coldwell Banker Sea Coast Advantage Acquires Rampage Realty to Open New Office in Holden Beach

by seacoast_ashley 9. July 2014 11:13

 

Coldwell Banker Sea Coast Advantage has announced the opening of a new office in Holden Beach with the acquisition of Rampage Realty, a locally owned, independent real estate firm specializing in Brunswick County beach and mainland properties. The new office will operate out of Rampage Realty’s existing office on the Causeway at 3247 Holden Beach Road in Holden Beach. Rampage owner Linda Stephens and her fellow brokers, Vickie Lemar and Brenda Peebles, will remain with Coldwell Banker Sea Coast Advantage, and five additional brokers will join the firm immediately to significantly expand its presence and reach.

            “Coldwell Banker Sea Coast Advantage is very proud to align ourselves with such a well-respected local firm and sales team and we’re confident our partnership will be very successful,” said Tim Milam, president of Coldwell Banker Sea Coast Advantage. “Prior to this acquisition, we had one gap in our locations along the state’s southeastern coast and that was Holden Beach. With the opening of our new Holden Beach office, we now have a consistent presence along the entire coastline from Jacksonville to the South Carolina border, which enables us to better serve our buyers and sellers throughout the region.”

            Rampage Realty was established in 1989 and then acquired by Linda Stephens, a former teacher turned REALTOR® and an active member of the Holden Beach community since 1996.

            “Coldwell Banker Sea Coast Advantage is the leading real estate firm in southeastern North Carolina,” said Linda Stephens. “By aligning our local expertise with Coldwell Banker’s capabilities, we can better serve both our buyers and sellers.”

            In Brunswick County, Coldwell Banker Sea Coast Advantage closed $230 million in home sales in 2013. Its closest competitor closed a little more than $50 million in Brunswick County.

            According to Tom O’Neill, broker in charge of Coldwell Banker Sea Coast Advantage’s South Brunswick office, Holden Beach is “hot” right now and is a popular destination for homeowners who enjoy a quiet, family-oriented beach. Holden Beach features more than eight miles of pristine beaches and is conveniently located midway between Wilmington and Myrtle Beach. In 2013, the average sales price for home on the island of Holden Beach was $515,000.

Realtor Jessica Edwards to Walk the Red Carpet at This Weekend's Oscars

by seacoast_ashley 26. February 2014 08:16

Jessica Riffle Edwards RealtorJessica Edwards, a 32-year-old REALTOR with Coldwell Banker Sea Coast Advantage, keeps pinching herself to make sure it’s real. She’s going to this weekend’s Oscar awards in Los Angeles, courtesy of Coldwell Banker Corporate!

Since 2011, Edwards has served as an ambassador for the corporate office as the Coldwell Banker Real Estate Consumer Specialist. In this position, she has spoken at seminars and conferences throughout the US about her maverick marketing strategies that utilize video blogs, social media and other technologies. In addition, Edwards is often interviewed by national media outlets such as CNBC, USA Today, Fox Business and the Wall Street Journal on real estate trends and marketing.

“Jessica is an extraordinary agent with a tireless enthusiasm for creative marketing” said Tim Milam, president of Coldwell Banker Sea Coast Advantage. “She and her team closed $23 million in sales in 2013 and we credit her success to her professionalism, dedication and marketing strategies. We are very proud of Jessica and thrilled she is being honored with this opportunity to represent our office and the entire Coldwell Banker brand at the Oscars.”

Coldwell Banker Corporate is airing a :30 commercial during the Oscars telecast and as an advertiser perk, was given two tickets to the ceremony. Rather than send an executive, Coldwell Banker has taken a page from Edward’s own playbook and decided to use this as a unique marketing opportunity, with Jessica as the star. Edwards and Coldwell Banker will create a series of five behind-the-scenes videos and release them to the media throughout the day and evening on Sunday, March 2.

“I first caught the attention of the corporate office with my use of video blogs to generate attention for my listings and for my own personal brand,” said Edwards. “In 2009, I started creating video blogs from a dash cam in my car on a wide variety of real estate topics and then in 2012, I created a couple of music videos that generated a great deal of attention both online and off. I’m honored to represent Coldwell Banker at the Oscars and very grateful for the opportunity.”

Edwards, who will be accompanied by her sister-in-law Harriett Mills of Raleigh, will enjoy the entire red carpet treatment in Tinsel Town from Friday, February 28 through Monday, March 3, including pre- and post-Oscar parties, dressing fittings with personal stylist, hair, makeup, jewelry – the works.

To prepare her wardrobe, Edwards has teamed up with Monkees at Lumina Station, a women’s retailer widely know for its extraordinary fashions and luxury brands. Monkees has created a weekend wardrobe for Edwards worthy of an Oscar award in costume design. And much like fashion designers cater to celebrities, Monkees has styled Edwards with multiple looks that will take her from morning to night, including shoes and accessories. In addition to Monkees, Reeds Jewelers of Wilmington is supplying a variety of fine jewelry for Edward’s use on the red carpet and throughout the weekend.

The dress Edwards will wear to the Oscar ceremony itself is to be determined. She will meet with a private stylist in Los Angeles on Saturday, who will have a variety of designer dresses for her to choose from.

The dress selection process, of course, will be videotaped and is one of five planned for the series. Other videos will include a visit to the Hollywood Boulevard Walk of Fame; getting the day started on Sunday morning; styling of hair and makeup; and the limo ride to the Oscars ceremony, complete with champagne toast.

During the trip, Edwards will use the hashtag #yourhome to send updates on the company’s Twitter feed (@Coldwell Banker) and Facebook page.

Meghan Riley

Seller Tip: Don’t Forget These Items for the Day of Closing

by seacoast_ashley 23. February 2014 05:20

In North Carolina, home sellers aren’t required to be present at the attorney’s office on the day of closing. Most of their paperwork is done ahead of time. However, on the day of closing or the day before, they need to sign-off on the HUD form, which shows all the details of how the funds are being paid. They can stop by the attorney’s office once the form is prepared or sign the required documents remotely (depending on transaction requirements). Even Keys for Home Closingthough they aren’t required to be at closing, sellers still need to prepare some items for the buyers to receive the day of closing.

If you’re selling your North Carolina home, it’s important to make note to put the following items aside before you move out of the property.

  1. House Keys. Make sure you collect all of your extra house keys, including those for the front door, back door, garage door, and any interior doors that may have locks.
  2. Garage Door Openers. Don’t drive off without leaving the garage door opener that’s in your vehicle in the home. These can be difficult to replace, especially on older devices.
  3. Mail Box Key. If you live in a condo complex, you have a key for accessing the mail box assigned to your unit. These can be very expensive to replace - $60 to $80. If you don’t provide a key, you’ll likely be asked to pay for a new one.
  4. Pool Card. Communities with swimming pools often give residents access cards to prevent unauthorized individuals from entering the club house and pool. If you have one, make sure the new owners get it.

Prior to closing, you need to make arrangements with your Sea Coast agent on where to leave these items. You don't want to be scrambling to find them the day of closing. The keys need to be given to the buyers after the purchase papers are signed. Items such as garage door openers and pool cards can be left in the home, but the agents need to be made aware of this so there’s no confusion or hold-up on the day of closing.

Have questions about the day of closing? Ask your Sea Coast Agent. Don’t have an agent? Find one today!

Meghan Riley

Exciting Things Are Happening at Brunswick Forest!

by seacoast_ashley 23. February 2014 04:02

There are some exciting things planned for Brunswick Forest in Leland, North Carolina, in 2014! We wanted to share some that are happening right now, so you have the most recent information for your home search, as well as the opportunity to enjoy all that Brunswick Forest has to offer.

Meadow Park

Single Family Homes of Meadow Park in Brunswick Forest

Construction has begun on the newest phase of Meadow Park in Brunswick Forest. The new single-family homes are coastal inspired bungalows and feature cool, breezy exterior color palettes, two-car garages, and shingle and metal roofs. Their designs reflect the growing social trend of front porch living with relaxing sitting areas overlooking the front yard. Additionally, there’s green spaces for neighborhood enjoyment throughout Meadow Park, which also has trails, a Bark Park (for your furry friends), a rain garden, and picnic table area. The new homes start around $300k.

2014 Ideal HomesSpring 2014 Ideal Homes

Ideal-Living Magazine is the go-to resource for resort and retirement living. They provide information to help retirees locate the best communities for their ideal lifestyle. Each season, they feature what they have determined to be an “Ideal Home” in an “Ideal Community”. For this spring, they have selected, not one, but two homes in Brunswick Forest as their Ideal Home citing a “wealth of amenities” and “diverse real estate offerings” as some of their reasons for choosing the community.

Brunswick Forest will be hosting tours of these homes, as well as joining Logan Homes and Bill Clark Homes as seminar hosts at the Winter 2014 Ideal-Living Resort & Retirement Expos. You can see the chosen homes at the Ideal-Living website.

New Swimming Pool

Construction has started on the newest amenity located in Brunswick Forest – Hammock Pool. This new swimming pool is located next to Hammock Lake in the Shelmore neighborhood. It is scheduled to be swimmable in 2014.

Have questions about Brunswick Forest? Make sure you ask your Sea Coast agent. Don’t have an agent? Find one today!

Meghan Riley

 

Buyer Tip: Change the Locks After Closing

by seacoast_ashley 16. February 2014 10:50

Change Locks on HomeAfter months of looking at homes in Southeastern North Carolina, making an offer on your favorite, doing your due diligence, and (finally!) signing the purchase papers at the closing table, you have a new home! Now, you’re ready to move in and make it all your own! You’ve got paint colors in mind, new furniture to assemble, pictures to hang, dishes to unpack…But don’t let your excitement get away from you. You still have one very important thing to do – change the locks!

It’s very important that you install all new locks on your new home. Most sellers won’t try to enter a home after they’ve sold it, but not everyone can be trusted. You have to take into consideration that they may have given a key to someone else at some point during their ownership – a neighbor, a contractor, babysitter, etc. You just never know who might have ill-intentions. So, it’s best to change the locks the day of move-in. After all, you don’t want to be always wondering, “what if?”

If changing the locks is one hassle you don’t want to have to deal with on the day of move-in, hire a locksmith. Your Sea Coast agent can refer you to a reputable one. Don’t have an agent? Find one today!

Meghan Riley

How Do I Dispose of Storm Debris in Southeastern NC?

by seacoast_ashley 16. February 2014 10:11

Wilmington NC Ice StormWhen Southeastern North Carolina is hit by a tropical storm, hurricane, or ice storm, like we saw this past week, there can be a lot of debris left over, especially when there hasn’t been a storm in the past few years to help clean out the trees. It’s important this debris is cleaned up, because it can block water drainage and attract unwelcome animals, like rats and raccoons. The county and/or city will send out crews to clean up roadways and public areas, but it’s the responsibility of property owners to clean up their debris. Depending on the location of the property, owners have different options for getting rid of yard waste, like limbs and leaves.

If the property is located in a rural area, it’s likely that the county or town will not provide a pick-up. Pender County, Brunswick County and the Town of Leland are not currently planning to provide curb-side pick-up. However, the landfills located in each county will accept deliveries of yard waste within their posted hours. They will only accept yard waste from properties located in the selective county.

Burning the debris is also an option for rural areas, but it should always be done according to local and community guidelines and avoided if there is a burn ban in place. The county government offices can help owners learn how, when, and if they can burn. Instructions may also be found on their websites.

Some counties provide pick-up for more urban areas, especially when they’re located near larger cities. Onslow County is working with the North Carolina Department of Transportation to remove debris from certain areas within county limits. New Hanover County will be picking up storm debris in the areas not incorporated into the City of Wilmington. They have not posted the pick-up schedule yet, but it will be available on their website this coming week.

When communities are located within the city limits of larger cities like Wilmington or Jacksonville, the city will usually provide pick-up. The City of Wilmington is currently focusing on public roadways and suspending regular yard waste pick-up for a week to make sure everyone can travel safely and give homeowners time to clean up their yards. Yard waste is picked-up the same day as trash. Smaller waste, like pine cones and leaves, need to be bagged, but limbs can be loose. Limbs should be no longer than 4 feet long and 6 inches thick. Large piles will be flagged for pick-up at another time.

If a community has a homeowners association (HOA), they may have an additional plan for debris disposal in the neighborhood. If it’s not addressed in the restrictive covenants, it’s important homeowners contact the HOA prior to making other arrangements. Debris removal may already be included in the monthly HOA fees and owners could save themselves some time, money, and energy.

Property owners can find out more information about storm debris removal by contacting their city, town, and county offices. Have general questions about the weather in Southeastern North Carolina? Ask your Sea Coast agent. Don’t have an agent? Find one today.

Meghan Riley

February 2014 Coast In & Win Open House Weekend

by seacoast_ashley 13. February 2014 03:38

Open House Weekend Real Estate Coast In & Win

Have you heard about our “Coast In & Win Open House Weekend”? Here’s how it works:

Enter To Win $500 Cash

Attend any of our open houses during our “Coast In & Win Open House Weekend” (every THIRD weekend of each month) to be entered to win a drawing each month.  One lucky winner will take home $500! This is open to ALL of our open houses, from Southport to Jacksonville and everywhere in between. 

money

Our open houses range from oceanfront homes in Carolina Beach and Oak Island, to sprawling ranches in Hampstead and Jacksonville. Here at Coldwell Banker Sea Coast Advantage, we’ve got a home for everyone!

Some of our previous "Coast In & Win Open House Weekend" winners include Cindy & Monte Wagner, Tommy & Marty Younts, Anthony Craig, Rick Pearce and Lisa Brown.

YOU could be next! Come find your dream home with Coldwell Banker Sea Coast Advantage!

(Oh, and don't forget to follow us on TwitterFacebook and Google+ to stay updated in real time!)

Official Rules for Coast In & Win Promotion

1. NO PURCHASE NECESSARY. A PURCHASE DOES NOT INCREASE YOUR CHANCE OF WINNING. VOID WHERE PROHIBITED.

2. Drawing will be held and the winner announced on the following Thursday after each Promotion (the “Promotion”) at the offices of Coldwell Banker Sea Coast Advantage – 1001 Military Cutoff Ste 101 Wilmington, NC 28405 – at or about 2:30 EST.

3. Drawing is open to all individuals who are residents of the U.S., are 18 years of age or older and who are registered in the Promotion. Employees and Agents of Coldwell Banker Sea Coast Advantage and their respective affiliates, subsidiaries, advertising and promotions agencies involved in the promotion and their immediate family members and persons residing in the same household are not eligible.

4. You must be registered in the Promotion no later than 5:00 P.M. on the date of the Promotion to be eligible. For the purpose of registration and winning, each individual date of the Promotion shall be deemed a separate event so that registration for a prior promotion will not automatically register for the current or future promotions.

5. Only one entry per family per promotional property per promotional date. Registrants must provide either a daytime telephone number or email address to qualify for the prize drawing. Sponsor assumes no responsibility for lost, late, misdirected or incorrect entries, for malfunction of electronic equipment, computer hardware or software, problems related to transfer of registration information or other technical problems. All entries become the property of Sponsor and will not be returned.

6. Winner will be selected in a random drawing from all eligible entries actually received. The drawing will be conducted by Sponsor or its designee, under the supervision of Sponsor, the judge of the Promotion, whose decisions are final and binding in all respects. The winner will be announced at or about 2:30 p.m. EST. Winner will be notified by either telephone number or email address (or both) provided on form by winner. Initial notification will be deemed to have occurred at the time of any one or more of the following: a) 12 hours have passed after initial email transmission and Sponsor has received no delivery failure notifications from Winner’s email provider; b) time of voice message on any recording device used by Winner at phone number provided. Winner has seven (7) calendar days from initial notification attempt by Sponsor to accept prize. Acknowledgement of notification by Winner is deemed to have occurred when Winner notifies the Sponsor’s contest administrator at 910.799.3435

7. Winner will be required to appear in person at Sponsor’s corporate office (1001 Military Cutoff Ste 101 Wilmington, NC 28405) to accept prize and to sign an affidavit of eligibility and Liability/Publicity Release (except where prohibited) within ten (10) calendar days of prize notification but before receipt of prize or risk forfeiture of the prize. Winner agrees to be available for photography purposes at time of prize acceptance. Winner is responsible for all travel expenses incurred in appearing to accept prize. If winner is 18 or older, as required, but a minor in his or state of residence, winner’s parent or legal guardian must sign all required documents.

8. Prize: each Promotion event will award a prize of Five Hundred Dollars and no cents ($500.00). Odds of winning depend upon number of eligible entries received. Taxes, fees and all other expenses are the sole responsibility of the winner. Prize is not transferable. No prize substitution, except at Sponsor’s sole discretion. If prize become unavailable, Sponsor reserves the right, in its sole discretion, to award a prize of equal or greater value. Winner will be issued a 1099 tax form the value of the prize.

9. By accepting a prize, winner agrees: (i) to be bound by these Official Rules; (ii) that the decisions of the judges are final and binding; (iii) to use winner’s entry, name, likeness, photograph and any statements regarding the Promotion’s giveaways and prizes attributed to the winner for editorial, public relations, promotional and advertising purposes on behalf of Sponsor in all media worldwide, except if winner is a resident of Tennessee or otherwise prohibited by law and (iv) to release Sponsor, their parents, affiliates, subsidiaries, the service agencies and independent contractors of any of the above organizations and their respective directors, officers, employees and agents, including advertising and promotional agencies, from any and all liability, loss or damage arising out of their participation in the Promotion and with respect to the awarding, receipt, possession, use and/or misuse of any prize. Sponsor reserves the right to modify, suspend or terminate the Promotion, in its sole discretion, for any reason whatsoever including but not limited to, in the event it becomes infected by a computer virus or is otherwise technically impaired or in the event of any fraud by a participant or any other party. Subject to all federal, state and local laws and regulations. This Promotion is governed by the laws of the State of North Carolina, with venue in New Hanover County, North Carolina, and all claims must be resolved in the state and federal courts of Wilmington, North Carolina.

10. For winner’s name, send a self-addressed, stamped envelope for receipt not later than 10 calendar days after the award of any individual Promotion to:

Coldwell Banker Sea Coast Advantage
1001 Military Cutoff Ste 101
Wilmington, NC 28405
Attn: David Benford

11. Sponsored by Coldwell Banker Sea Coast Advantage, 1001 Military Cutoff Ste 101 Wilmington, NC 28405

12. These Official Rules are available at www.SeaCoastRealty.com

Meghan Riley

What Determines My Home’s Value?

by seacoast_ashley 11. February 2014 06:55

North Carolina Home ValueWhat determines my home’s value?...This is a common question that Realtors® receive from sellers. Often, sellers confuse a home’s tax assessed value (what they see on their tax bill) with the fair market value, the amount a home will sell for when the property has been exposed to a reasonable amount of buyers in a competitive market for a reasonable amount of time. In actuality, the tax value is based on a formula used by county tax assessors. They take what they believe is the fair market value of your home, multiply it by a percent decided upon by local legislation, and that’s the tax value. In New Hanover County, property is taxed at 100% of fair market value; however, in other counties, it may be 70% or 80%.

Now, you may be wondering, if it’s taxed at 100%, why isn’t the tax value and market value the same? Because property isn’t evaluated every year. In New Hanover County, it’s evaluated every 6 years. North Carolina requires at least 8 years. A lot can change in that span of time and your true fair market value could change as early as 6 months depending on how homes are selling in your area.

The fair market value of your home is determined by similar homes sold within the past year, preferably within the past 6 months. The more recent the sale, the better. When choosing comparable homes, real estate agents look for homes with similar:

  • Bedrooms
  • Bathrooms
  • Heated Square-footage
  • Heating/Cooling Systems
  • Garage Spaces
  • Lot Sizes
  • Home Styles
  • Locations

They want more than one comparable, because the last sale may have incalculable factors, like the property being in distress or the buyer feeling so emotionally tied to the property that they were willing to pay more than fair market value.

Real estate agents also take into consideration current listings and existing home upgrades. For example, a home with wood floors could ask for more than a home with laminate. While you would think that more valuable building materials would add value to a home, that’s not always the case. If you upgrade your home with materials that don’t fit with others in the neighborhood, there may not be a buyer who is willing to pay more and you could be throwing away money.

If you are trying to figure out what to list your home at, it’s important to go by the fair market value of your home and not the tax assessed value. Your Sea Coast agent is the best person for determining the most competitive listing price for your home, and they can do this with a Comparative Market Analysis (CMA). Don’t have an agent, find one today.

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