Monthly Archives: April 2024
Unpacking AANHPI Real Estate Needs: Insights from AREAA’s 2023 Report
Explore insights from AREAA's 2023 report on AANHPI homeownership trends, offering valuable perspectives on regional disparities and diverse community needs. Discover how real estate professionals can leverage these insights to promote equitable housing opportunities. Read More
RE/MAX Agent John Grubenmann Earns Hall of Fame Award
Discover the journey of John Grubenmann, a distinguished RE/MAX agent, as he earns the prestigious Hall of Fame Award for his exceptional performance in real estate. Learn how his 27 years of expertise and community dedication have led to this well-deserved recognition. Read more on our blog now! Read More
The Impact of Seasonal Trends on the Wilmington Real Estate Market
Wondering how seasonal trends shape the Wilmington real estate market? Dive into our latest blog post to discover insights on the impact of each season, from the busy spring and summer to the opportunities in fall and winter. Don't miss out – check out our latest blog post now! Read More
March 2024 Market Stats
Great news! Although there was a slight dip in U.S. sales of new residential homes, it's the first decline in three months, showing a stable market overall. Sales dipped just 0.3% month-over-month, but compared to last year, they're up by a solid 5.9%! Even better, the median sales price softened, dropping 7.6% year-over-year to $400,500, making homes more affordable for buyers. In Cape Fear, pending sales saw a decrease of 22.0% over the past year, but there's still plenty of positivity to go around. Despite some declines in certain price ranges, the overall median sales price increased by 2.3% to $399,000, with single-family homes leading the way with a 2.4% price increase. Plus, there's more inventory available, up by 9.6%, especially in the condo segment, which saw a whopping 30.7% increase. It's an exciting time for buyers and sellers alike! Read More