Wednesday, June 30, 2010

July 4th Festival is Weekend Packged With Events!



Just as the Fourth of July is an American tradition celebrating national unity, one North Carolina band has started a unifying tradition of their own at the North Carolina 4th of July Festival in Southport and Oak Island.

Just as the Fourth of July is an American tradition celebrating national unity, one North Carolina band has started a unifying tradition of their own at the North Carolina 4th of July Festival in Southport and Oak Island.

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Monday, June 28, 2010

N.C. 4th of July Festival starts tomorrow in Southport



It wouldn’t be the 4th of July without more than a week’s worth of festivities in Southport. The annual festival kicks off Friday night with the N.C. Freedom Run/Walk starting at the waterfront. The race starts at 6 p.m. (Stay hydrated. Temps are expected to be 87 but feel like 98).

Southport has been the state’s official 4th of July celebration since 1972 and now attracts between 40,000 to 50,000 people to the area. The festivities include a beach day on Oak Island July 1, live music, art and more.

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Tuesday, June 22, 2010

‘Blueway’ project aims to create paddling attraction on Brunswick River


How about a kayak ride along the Brunswick River? There’s plenty of green and wildlife to see, but you might not know exactly what you’re looking at, and you have to find your own way through the currents and creeks.

Three towns on the river – Navassa, Leland and Belville – are working together to try to make the kayaking experience there easier and more complete. The goal is to have signs along the river indicating where you are and what wildlife you may find, as well as historic markers for former rice plantations and other points of interest.

The northern Brunswick towns are seeking grants to finance a comprehensive plan for the proposed river trail, christened the North Brunswick Blueway. The trail would go from Indian Creek in the north to the Brunswick Nature Park in the south, from the U.S. Government Rail Transfer Facility in the west to Eagles Island in the east.

“It will be the first significant recognition of the wonderful natural resources we have on the northern part of the county, the first real attempt to capitalize on them,” said Niel Brooks, head of Leland Parks and Recreation. The trail could attract more people interested in ecotourism, which would bring in more business for local hotels and restaurants and possibly new stores catering to paddlers, Brooks said.

Navassa Mayor Eulis Willis said once the marked trail makes the Brunswick River easier to navigate, he plans to get on a kayak and explore parts of his town he’s never seen before. “It’s going to give my community another recreational outlet,” he said.

Willis said this is one of the first major projects on which his town, Leland and Belville work together, helping usher in more cooperation among them in various areas and more open dialogue. Belville Mayor Jack Batson, who had talked about building this relationship among the towns since before his election, and Leland Mayor Walter Futch said they’re also excited about the blueway and the towns being in this together.

Right now, the blueway is still in its infancy. There’s no timeline for it or firm plans on how much to develop the river trail, said Navassa Planner Travis Barnes, a driving force behind the project.

What the project does have right now is strong support from local entities and a meticulous feasibility study done for free by a graduate student at the University of North Carolina Wilmington. Lynne Harder said she needed a final project for her environmental studies program, and this grabbed her interest. Her work with it earned her an A.

“I think it’s a good way to balance growth and environmental sustainability,” Harder said.

Kemp Burdette, executive director of Cape Fear River Watch, said the idea for the North Brunswick Blueway was born from talks he had at kayaking events Leland and Cape Fear River Watch organized.

“A paddle trail along the Brunswick River would be a nice extension to the Cape Fear Trail, offering a quieter and more serene experience,” Harder’s study says. It would also tie into other local ecotourism efforts such as the Brunswick County Greenway, which would connect the county to the East Coast Greenway, a network of nature trails stretching from Maine to South Florida.

Harder’s study lists as existing access sites Navassa’s Davis Creek, Leland’s Mill Creek, Town Creek Trail and the county’s Brunswick River Park and Brunswick Nature Park. She said improving those sites could encourage people to stay beyond day trips and go camping there.

A resolution of support for the blueway has been signed by the three towns, Cape Fear River Watch, Cape Fear Resource Conservation & Development and the N.C. Coastal Land Trust. Barnes said he’d like the other entities whose formal support is being requested, including Brunswick County, to have signed the resolution by August.

The more support from the community, the more likely it is the project will earn grants for its comprehensive study and its development down the road, Barnes said.

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Saturday, June 19, 2010

Coldwell Banker to build Habitat home dedicated to Birkenheuer




Coldwell Banker Sea Coast Realty announcee that it will begin work this fall on a Habitat for Humanity home. Sea Coast Realty president Tim Milam pledged his company’s sponsorship at Cape Fear Habitat for Humanity’s 9th Annual Golden Hammer Pledge breakfast held May 25, 2010.

The breakfast marked Executive Director Barbara Birkenheuer’s retirement from Cape Fear Habitat for Humanity after ten years of service. In honor of her leadership, Milam announced that the Habitat home Sea Coast Realty builds will be dedicated as the “Barbara Birkenheuer House.”

By sponsoring a Habitat for Humanity home, Coldwell Banker Sea Coast Realty will provide $60,000 in financial support and volunteer labor each week of the home build. Sea Coast Realty has sponsored three other Habitat homes since it began its involvement with Cape Fear Habitat for Humanity in 1997. Sales associates and staff from Sea Coast Realty’s Leland office also helped with construction of a Habitat home in Navassa in January 2010. Next month, Russ May, a sales associate from Coldwell Banker Sea Coast Realty’s Wilmington, N.C. office, will become president of the Cape Fear Habitat for Humanity Board of Directors.

“While sponsoring three homes in the Wilmington area, we have learned how valuable homeownership is to those who thought they would never own a home,” said Milam. “I cannot think of a more worthy housing organization.”

Cape Fear Habitat for Humanity is one of 76 Habitat for Humanity affiliates in North Carolina and is a 501 (c) 3 non-profit organization. For more information about Cape Fear Habitat for Humanity, please visit capefearhabitat.org.

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Thursday, June 17, 2010

Diligence returning to Port City after 8-month repair job



Wilmington is about a month and a half away to getting its ship back.

The U.S.C.G.C. Diligence was placed back in the water June 2, after an eight-month dry dock overhaul at Curtis Bay, Md., according to the Coast Guard's Fifth District headquarters.

The Diligence left Wilmington on Oct. 14, 2009, as part of the Coast Guard's Mission Effectiveness Program, which is a plan to refurbish much of the fleet.

The gleaming white-and-orange, 210-foot ship that Wilmington has become accustomed to sailing in and out of port is not only going to gleam brighter with a new paint job when it returns Aug. 2, but it will be a more effective tool for the Coast Guard's missions.

Diligence's steel hull and decks were reinforced. Its two 55-foot long propeller shafts were realigned. And deck equipment for newer, more capable small boats were updated.

Although the ship was originally scheduled to return to Wilmington on May 29, several factors prolonged the ship's dry dock time including severe snowstorms that hit the Maryland area this past winter and discovery of extra work that needed to be done on the 46-year-old vessel.

The ship may have gotten some much-needed pampering, but the 76-member crew worked as hard as always.

Many used the downtime to take advantage of additional training in more than 50 different specialty schools, ranging from shipboard baking to tactical coxswain.

The crew also worked at more than 25 other Coast Guard stations and vessels. In January, the crew swapped places with the crew of the U.S.C.G.C. Venturous to do some fisheries law enforcement and border security operations in the Gulf of Mexico.

When the earthquake hit Haiti on Jan. 12, the ship was diverted to that area where the crew worked to secure that country's borders. Later, the ship received a call from an overdue fishing boat that was taking on water and had lost propulsion and steering. They stabilized the boat and attempted to fixed the mechanical problems.

When it returns, the Diligence will continue patrolling the east coast, the Caribbean Sea and the Gulf of Mexico, performing rescue missions, protecting the environment, enforcing fisheries laws, stopping illegal immigration, and slowing down the flow of illegal drugs entering the United States.

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Wednesday, June 16, 2010

Fort Anderson, Maritime Museum offer Saturday family fun



The North Carolina Maritime Museum at Southport and Brunswick Town and Fort Anderson will host special events Saturday, July 10 and August 14 as part of the North Carolina Department of Cultural Resources “Second Saturday” events for the summer. Events will take place at all 37 museums and historic sites throughout the state. More than 100 events statewide will bring together artists, history and authentic North Carolina culture.

“Come play with the clay,” is the theme of Brunswick Town and Fort Anderson's event from 10 a.m. until 3 p.m. Saturday. Dr. Linda Carnes-McNaughton and Thomas E. Beaman, Jr., RPA, who are experts on colonial pottery, will speak at the event. They will also be on hand to help backyard archeologists identify pottery fragments.

Brenda Bryant, site director, said, “earthenware, stoneware and porcelain have been found at Brunswick Town. We are partnering with artists to promote the arts”.

Local potters and stained glass workers will be on hand to display and sell their wares. Clay will be available so that all participants can try their hand at making pots.

A hot dog lunch, complete with chips and a drink, will be available for a $3 donation.

From 10 a.m. until 2 p.m. Saturday the N.C. Maritime Museum at Southport will host “We Fished for a Living” at the Southport Waterfront Park. This event will celebrate the history of the fishing industry in the Lower Cape Fear area.

P.D. Midgett will sing and play sea chanteys that fisherman sang while they rowed their boats and hoisted their nets. Local fishermen, including some who worked on the menhaden boats, and representatives from the N.C. Division of Marine Fisheries will be on hand to answer questions and talk about the fishing industry. There will also be a memorial to lost fishermen.

Spectators may observe Terrie O'Neill, a water color artist, and Ann Flaherty, a fiber artist, working on projects. The Ricky Evans Gallery will showcase works of local artists depicting scenes of the Southport area. Members of the Lumberton Senior oil painting and pottery classes will display their arts.

The Brunswick County Master Gardeners will hold a native plant clinic to help identify local plants and share advice on growing local plants.

“We will have kids' crafts and games,” said Aimee Williams, historic interpreter at the Maritime Museum. “It will be fun for everybody.”

For more information on the N.C. Maritime Museum at Southport, go to www.ncmaritime.org/branches/southport or call 457-0003.

For more information on Brunswick Town and Fort Anderson, go to www.nchistoricsites.org/brunswic, or call 371-6613.

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Monday, June 14, 2010

Pending Home Sales Surge Continuing

Pending home sales have risen for three consecutive months, reflecting the broad impact of the home buyer tax credit and favorable housing affordability conditions, according to the National Association of Realtors®.

The Pending Home Sales Index,* a forward-looking indicator, rose 6.0 percent to 110.9 based on contracts signed in April, from an upwardly revised 104.6 in March, and is 22.4 percent higher than April 2009 when it was 90.6. That follows gains of 7.1 percent in March and 8.3 percent in February.

Pending home sales are at the highest level since last October when the index reached 112.4 and first-time buyers were rushing to beat the initial deadline for the tax credit. The data reflects contracts and not closings, which usually occur with a lag time of one or two months.



Lawrence Yun, NAR chief economist, said this second round of surging sales from the tax credit extension looks as strong as the original tax credit. “There were concerns that only a small pool of buyers were left to take advantage of the tax credit extension. But evidently the tax stimulus, combined with improved consumer confidence and low mortgage interest rates, are contributing to surging sales,” he said. “The housing market has to get back on its own feet and now appears to be in a good position to return to sustainable levels even without government stimulus, provided the economy continues to add jobs.” NAR expects a net of 1 million additional jobs in the second half of this year and about 2 million in 2011.

“The home buyer tax credit brought close to 1 million additional buyers into the market, which is now helping the trade-up market and has significantly improved the inventory situation. This stabilized home prices more quickly and has preserved about $900 billion in home equity; in turn, that is keeping additional households from going underwater and risking foreclosure,” Yun said.

The PHSI in the Northeast jumped 29.5 percent to 97.9 in April and is 24.5 percent above a year ago. In the Midwest the index rose 4.1 percent to 104.2 and is 17.9 percent above April 2009. Pending home sales in the South slipped 0.6 percent to an index of 123.9, but is 31.3 percent higher than a year ago. In the West the index rose 7.5 percent to 107.9 and is 12.0 percent higher than April 2009.

“A big concern surfacing recently is insufficient time to close the deal at the settlement table. Under normal circumstances, two months would be enough time from contract signing to settlement date,” Yun said. “However, the recent housing cycle has brought long delays related to the short sales approval process by banks, and from ongoing appraisal issues. There could be a sizable number of homebuyers who responded to tax credit incentives, but may encounter problems meeting the settlement deadline by June 30.” Because of these market challenges, NAR has asked Congress to provide flexibility on the deadline for closing.

The National Association of Realtors®, “The Voice for Real Estate,” is America’s largest trade association, representing 1.1 million members involved in all aspects of the residential and commercial real estate industries.

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Sunday, June 13, 2010

NAR Commends Senators for Offering Homebuyer Tax Credit Extension, Urges Senate and House to Quickly Pass Legislation

The National Association of Realtors® today expressed thanks on behalf of America’s homebuyers to three Senators for introducing a measure to extend the present home-buyer tax credit closing deadline to Sept. 30. They are Senate Majority Leader Harry Reid, D-Nev., and Sens. Johnny Isakson, R-Ga., and Chris Dodd, D-Conn.

“As the leading advocate for homeownership and housing issues, NAR commends these Senators for their attentiveness and sensitivity to thousands of qualified home purchasers, who through no fault of their own, are not able to meet the closing deadline of June 30 for the homebuyer tax credit. Now we urge the Senate and the House to act quickly to pass this legislation and ease the minds and pocketbooks of these homebuyers,” said NAR President Vicki Cox Golder, owner of Vicki L. Cox & Associates in Tucson, Ariz.

The measure was offered as an amendment to H.R. 4213, a tax extension bill now in the Senate.

NAR estimates the number of home buyers who have qualified for the tax credit and met the contract deadline of April 30, but who would not be able to close their transaction by the June 30 deadline, could go as high as 180,000. Realtors® have reported as many as one-third of qualified applicants have been notified by lenders that their mortgages will not close before June 30 due to the sheer volume of applications in the pipeline.

“These are not buyers who just entered into the market. These are buyers who previously met all the qualifications for the tax credit, but find themselves at the mercy of a work-flow jam with the lenders or other delays and might not be able to complete the purchase of their homes,” said Golder. “It would be a tragedy for them not to be able to complete the purchase in time to claim the credit.”

Golder said she also wanted to make this clear: “This amendment does not extend the deadline for home buyers to qualify for the tax credit; it extends the deadline for closing the transaction, from June 30 to Sept.30. Since these applications were already in the pipeline and figured into the program’s cost, the extension of the closing deadline should not incur any further government costs.”

The National Association of Realtors®, “The Voice for Real Estate,” is America’s largest trade association, representing 1.1 million members involved in all aspects of the residential and commercial real estate industries.

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Saturday, June 12, 2010

Southport gallery features works of regional talent




Franklin Square Gallery will host its annual juried summer art show on June 21 for both 2D (paintings) and 3D (pottery and sculpture) works, but this time the process for submitting the work will be a little different. In the past, artists have sent in slides of their work to be reviewed for acceptance. This year, the original art must be brought to the gallery on Friday, June 18. Jury selection and judging will take place on Sunday, June 20, and the show will open on June 21 and run through July 17.

Because the art “has to be driven in,” as one committee member put it, this year’s show will draw from the southeast region, rather than the entire country, however, the committee expects to have just as many submissions.

“There is a tremendous amount of talent in this area,” said veteran judge Vae Hamilton, this year’s 2D judge and workshop instructor.

Hamilton is returning by popular demand, having been the judge and workshop instructor for Franklin Square Gallery’s summer show in 2004. She has impressive academic, publishing, and teaching credentials, and her paintings are exhibited in many galleries in North Carolina as well as in several countries around the world. As she tells it, her career began “when I was six or seven, and my grandmother said I drew the best pigs she ever saw.” Her more current work can be seen on her website, www.vaehamilton.com.

When asked what she would be looking for in this year’s show, Hamilton said, “I want to see the artist in the work. I want to see that they have invested some of themselves, that they were inspired. I like all kinds of art, across the board, so what will appeal to me might be the color, or the subject, or the design value.”

The judge for the 3D art is well-known Wilmington potter Dina Wilde-Ramsing. She has had exhibitions in cities throughout North Carolina and her work appears in several publications, including “Ceramics Monthly” and “The Ceramic Glaze Handbook.”

She describes her work this way: “Although my work is contemporary in design, it carries the influence of geology, history, and archaeology.” She said she considers her pieces to be personally symbolic, and “I would like for these symbols to establish an intimate connection between the viewer and myself.”

The 2D mixed media workshop, led by Vae Hamiton, will be held from 9 a.m. to 4 p.m. on June 21-23. She will talk about the basics – composition, design principles and elements, color, and other fundamentals. Workshop participants will be encouraged to explore new dimensions and experimental ways of painting with water-based acrylics. Hamilton said she hopes the participants will come away with a renewed enthusiasm for painting.

For more information on the workshop, you can contact Jan Boland at (910) 253-3101 or e-mail her at jboland1@ec.rr.com. For information on the show, please call Nancy Henkel Schulte at (910) 253-9177 or e-mail her at nschulte@ec.rr.com.

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Thursday, June 10, 2010

Local flavors among statewide must-haves

The Charlotte Observer says two area restaurants are among North Carolina's must-have eating experiences.

The Tar Heel 25 included Whiteville's Ward's Grill as one of the places to find the quintessential chili dog.

Also on the list is Catch with its modern seafood cuisine. The Observer said you can't find better seafood than then the Wilmington restaurant. The chef said that the food isn't the only thing that makes the place great.

"To find out that Catch was a part of that was awesome," Catch chef and owner Keith Rhodes. "We really work hard to work with the local farmers and fishermen and things like that, and we are a kinda give-back-to-the-community-type restaurant."

Catch's original location in downtown wilmington has been closed for renovations, but Rhodes they plan on reopening the spot sometime near the end of this month.

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New group takes ownership of Magnolia Greens golf course



Leland | Those who golf at Magnolia Greens can look forward to some positive changes over the next few months, according to the new owners of the course.

Magnolia Greens Ventures LLC, a group of local investors including former touring pro and Magnolia Greens resident Tommy Jacobs, took ownership of the public course on Monday following several months of negotiations.

Rick Sears, president of Azalea Research Center and also a member of the investment group, said course patrons will see "generally just more of the good stuff" as a result of the sale.

"This was not an entity in difficulty," he said. "It's very successful already. Our plans are going to be to talk to people and assess over the next couple of months what good things we want to embellish and what we want to eliminate, and likely following that assessment we will try some new things."

Changes include an emphasis on instruction and getting new people, such as children and women, to play there, Sears said.

"Magnolia Greens is great, and the layout is wonderful for introducing new people to golf," he said.

Sears declined to name all the investors involved in the course but mentioned golf professional John Jacobs, Tommy Jacobs' brother, as also being a part of the venture.

"I can say they're all ingrained in the community in a major way," Sears said of the other investors. "We're going to work really hard to promote Magnolia Greens to the overall golf community."

Rick Ferrell, former general manager at Rivers Edge in Shallotte, will become head professional and general manager at Magnolia Greens this week.

The former owner, Magnolia Greens developer Landmark Commercial, had operated the course since it was created in 1997 and had been looking for the right buyer for a couple of years, said Landmark owner Rex Stephens.

"The course was built for the purpose of developing and selling the residential property around the course," he said. "We are 98 percent sold now, and we had planned to sell the course as we were finishing up.

"I think we have found as good a group as we could've found," Stephens added.

The purchase price for the 4.52-acre golf course property was about $1.09 million, according to Brunswick County deed transfer records, but Stephens said that did not include equipment, inventory, business good will and other aspects of the transaction. He would not disclose the total price of the deal because he said all parties involved signed confidentiality agreements.

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Wednesday, June 9, 2010

Pilot program to help some professionals buy homes


If you work in a community, you should be able to live in that community. That was the message in Raleigh this morning.

State legislators discussed a new Workforce Housing pilot program. The program will help low-income employees buy a home. Police officers, firefighters, teachers and nurses are some professions eligible for the pilot program.

Brunswick County's Association of Homeowners director Ben Styers says buying a home should be an option for everyone.

"People do want to have part of their livelihood that they can see," Styers said. "It's a piece of what I work for: my home. They're proud of that. This program will allow them to work around some of the issues that are keeping people from buying homes."

The program will try to help homebuyers with everything from assistance with down payments to home renovations. It's available to those looking to buy homes in Wilmington, Asheville and Raleigh.

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Tuesday, June 8, 2010

Economist thinks local real estate plunge has bottomed out

Thursday’s weather was not unlike the economic outlook for Brunswick County.

Intermittent sunlight punctuated the slightly gray skies until brightness largely took hold during the latter part of the morning.

It was the perfect metaphor for a midyear presentation by William Hall, senior economist at the University of North Carolina Wilmington Cameron School of Business, who spoke to almost 100 people during the 35th annual membership meeting of the Southport-Oak Island Chamber of Commerce at the Southport Community Building.

“It’s going to take a while to recover what we lost, but we will recover,” Hall said of what experts are calling the Great Recession. “It will end.”

It’s the worst of six national recessions Hall said he has analyzed during his long career as an economist.

It seems less pessimism is the new optimism, he said. Many attendees seemed satisfied, all things considered, with Hall’s forecast that the three-county region will experience economic growth of 4 percent in 2010.

“It looks like the first half of the year is going to be pretty strong. It’s in a lot better shape than some parts of the state and some parts of the country,” Hall said, citing 2010 forecasted growth figures of 2.2 percent for North Carolina and 3.1 percent for the United States. “We’re not where we were five years ago, but we probably never will be.”

He discussed “the fallacy of getting back to where we were.” Lax qualifications for housing finance and other factors fueled the previous growth this region experienced, a level that is unrealistic and not sustainable over the long term, Hall said.

As a result, economic growth is likely to be lower over the next five years than during the five years prior to the recession, he said.

The phrase “testing a cyclical low” came up when discussing the local real estate industry, an echo of Hall’s words from previous years.

“There is growing evidence that activity in this sector has bottomed out,” he said. “That is not to say that the sector has resumed growth, but only that activity has ceased falling.”

Most Brunswick County developers would agree from personal experience that real estate sales are down.

While there is some construction going on in Leland’s Magnolia Greens, it will likely take “a year or so” to sell the remaining 25 lots of the 1,175 in the community, said Rex Stephens, owner of developer Landmark Commercial.

But many remain optimistic about what they’ve seen in 2010 so far.

“Everything has been trending in the right direction,” said Mary Ann McCarthy, president of the Brunswick County Association of Realtors. “Inventory has been trending down some, and sales have definitely been trending upward, so we’re significantly ahead of where we were this time last year.”

View the complete set of slides from Thursday’s presentation at uncw.edu/cbes/events/index.htm" target="_blank">www.csb.uncw.edu/cbes/events/index.htm starting Monday.

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Wednesday, June 2, 2010

Pending Home Sales Surge Continuing



Pending home sales have risen for three consecutive months, reflecting the broad impact of the home buyer tax credit and favorable housing affordability conditions, according to the National Association of Realtors®.

The Pending Home Sales Index,* a forward-looking indicator, rose 6.0 percent to 110.9 based on contracts signed in April, from an upwardly revised 104.6 in March, and is 22.4 percent higher than April 2009 when it was 90.6. That follows gains of 7.1 percent in March and 8.3 percent in February.

Pending home sales are at the highest level since last October when the index reached 112.4 and first-time buyers were rushing to beat the initial deadline for the tax credit. The data reflects contracts and not closings, which usually occur with a lag time of one or two months.

Lawrence Yun, NAR chief economist, said this second round of surging sales from the tax credit extension looks as strong as the original tax credit. “There were concerns that only a small pool of buyers were left to take advantage of the tax credit extension. But evidently the tax stimulus, combined with improved consumer confidence and low mortgage interest rates, are contributing to surging sales,” he said. “The housing market has to get back on its own feet and now appears to be in a good position to return to sustainable levels even without government stimulus, provided the economy continues to add jobs.” NAR expects a net of 1 million additional jobs in the second half of this year and about 2 million in 2011.

“The home buyer tax credit brought close to 1 million additional buyers into the market, which is now helping the trade-up market and has significantly improved the inventory situation. This stabilized home prices more quickly and has preserved about $900 billion in home equity; in turn, that is keeping additional households from going underwater and risking foreclosure,” Yun said.

The PHSI in the Northeast jumped 29.5 percent to 97.9 in April and is 24.5 percent above a year ago. In the Midwest the index rose 4.1 percent to 104.2 and is 17.9 percent above April 2009. Pending home sales in the South slipped 0.6 percent to an index of 123.9, but is 31.3 percent higher than a year ago. In the West the index rose 7.5 percent to 107.9 and is 12.0 percent higher than April 2009.

“A big concern surfacing recently is insufficient time to close the deal at the settlement table. Under normal circumstances, two months would be enough time from contract signing to settlement date,” Yun said. “However, the recent housing cycle has brought long delays related to the short sales approval process by banks, and from ongoing appraisal issues. There could be a sizable number of homebuyers who responded to tax credit incentives, but may encounter problems meeting the settlement deadline by June 30.” Because of these market challenges, NAR has asked Congress to provide flexibility on the deadline for closing.

The National Association of Realtors®, “The Voice for Real Estate,” is America’s largest trade association, representing 1.1 million members involved in all aspects of the residential and commercial real estate industries.

Ken KeeganReal Estate Broker(910) 523-0903 mobileEmail Mewww.KenKeegan.com

Sea Coast ranks high among nation’s top companies

Coldwell Banker Sea Coast Realty is among the country’s largest and most successful residential real estate companies named in the recently released 2010 REAL Trends 500 report. The list is released annually by REAL Trends, Inc., the residential real estate industry’s leading source of analysis and information.

The REAL Trends 500 report ranks the country’s top residential real estate companies by closed transactions and by sales volume. In 2009, Coldwell Banker Sea Coast Realty closed 2,799 sales, ranking #151 in the list of “The 500 Largest Brokers in the U.S.” ranked by closed transactions. Sea Coast Realty closed $579,520,735 in sales volume in 2009, ranking #162 in the list of “The 500 Largest Brokers in the U.S.” ranked by sales volume.

Coldwell Banker Sea Coast Realty ranked #23 out of more than 1,074 Coldwell Banker affiliated companies in the U.S. Coldwell Banker was ranked as the country’s #1 real estate franchise again this year, closing more than $128 billion in sales and almost twice as many sales transactions as the next leading real estate franchise.

Locally, Coldwell Banker Sea Coast Realty performed similarly well. In 2009, it closed more than twice as many sales as the next leading company. Sea Coast Realty has claimed the title as southeastern North Carolina’s top selling real estate company for ten years in a row.

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Tuesday, June 1, 2010

Music in the park continues in Southport

“Cycles, The Songs of a Lifetime," continues at 8 p.m. Saturday and Sunday. Bring your lawn chairs to Franklin Square Park in Southport and enjoy this performance by Brunswick Little Theatre.

Admission is free, but donations are appreciated. For more information, visit www.brunswicklittletheatre.com.

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