I have been culling local and national news articles for you, and want to share some that I find interesting and/or important. We are about to experience our cold week of winter here in southeast coastal NC! Everyone stay safe and warm please. I enjoy the spring-like days we have sometimes in January and February, a hint of the warmer weather just around the corner. And although I don’t love the cold, it does yield some beautiful sunrises over the ocean, on vacant beaches, with a lot of great shells and seaglass to be found!
North Carolina Coastal Federation
The North Carolina Coastal Federation earns the highest rating by Charity Navigator, the country’s largest independent charity evaluator. NC Coast is the charity that benefits from my friends and family referral program. Whenever you connect me with someone you know who is looking to buy or sell real estate, I donate $25, and when we close on their home, I donate an additional $500. My goal is $11,000 donated in 2024! Here is a link to the full article: https://www.thecoastlandtimes.com/2024/01/15/north-carolina-coastal-federation-earns-top-marks-for-fiscal-stewardship/
Pickleball
Pickleball is growing in New Hanover County! We have open play at Wrightsville Beach Park Tuesday, Thursday, and Saturday mornings from 7am to 11am. If you ever want to come out and play, please just let me know – I’m usually there on Saturday mornings (but I’m a fair weather player)! More details here: https://www.wect.com/2023/12/14/pickleball-is-big-hit-its-getting-even-bigger-new-hanover-county/
Brunswick County Gets $650, 500 Employee Plant Deal
After looking nationwide, Epsilon Advanced Materials will be building a 1.5M square foot facility in the Mid-Atlantic Industrial Rail Park to make graphite for lithium-ion batteries, used in electric vehicles. Please read the full article here: https://www.wilmingtonbiz.com/wilmingtonbiz_magazine/2023/12/14/how_brunswick_county_nabbed_a_650m_500-employee_plant_deal/25091
Mortgage Rates Settle in the 6% Range
After peaking in the 8% range last summer, mortgage rates have come back down to around 6.6%. Where will they settle in 2024? Please read the full article here: https://www.nar.realtor/magazine/real-estate-news/mortgage-rates-cool-off-settle-in-6-percent-range
The Real Estate Market in 2024 – Here’s What to Watch For
Home appreciation and affordability, or lack thereof, was a major issue for many would be buyers in 2023. What will interest rates, home values, and home inventory do in 2024? Read the article for some ideas around these questions. https://www.attomdata.com/news/market-trends/real-estate-2024-the-three-keys-to-watch/
New Wrightsville Beach Area Restaurant
We all love a new restaurant! Chapel Hill owners of that area’s Four Corners will be opening a similar restaurant on Eastwood Rd, just before the Wrightsville Beach draw bridge. Everything is made from scratch and the restaurant has a sports theme, different from a sports bar. Read the full article here: https://www.wilmingtonbiz.com/restaurants/2024/01/04/near_wrightsville_beach_chapel_hill_restaurant_owner_to_shoot_for_success_with_another_four_corners/25166
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