Archive for the Local News Category

  • Signs That Market May Be Nearing the Bottom?

    Why-2011-May-Be-the-End-of-Housing-Crash By Simon Constable There might finally be some good news this year about the nation's dismal housing market. Or, at least, the bad news could stop. Either way, it will be welcome relief for current homeown

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  • Advantages to Investing in Land and Lots Advantages to Investing in Land and Lots

    Advantages to Investing in Land and Lots By: Scott Brooks When thinking of investing, one thing that comes to most people's minds is real estate. Even in this time of recession, real estate can offer great investment potential. While most people

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  • Croatan High School Nationally Recognized-Again! Croatan High School Nationally Recognized-Again!

    Croatan High School gets silver SUZANNE ULBRICH Jacksonville Daily News For the second year in a row, Croatan High School was among public high schools recognized as one of the best in the country. U.S. News & World Report in collaboration

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  • Savvy buyers use self-directed IRA to buy real estate Savvy buyers use self-directed IRA to buy real estate

    "Self-directed IRAs account for just 2 percent of the $4.2 trillion IRA market, but are among its fastest- growing segments." Savvy buyers use self-directed IRA to buy homes Carolyn Said, Chronicle Staff Writer Nathan Foran used his self-direc

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  • New Low! 30yr. fixed-rate mortgage averaged 4.71% New Low! 30yr. fixed-rate mortgage averaged 4.71%

    Long-Term Rates Set Another Low in Freddie Mac Weekly Survey McLean, VA – Freddie Mac (NYSE:FRE) today released the results of its Primary Mortgage Market Survey® (PMMS®) in which the 30-year fixed-rate mortgage (FRM) averaged 4.71 percent wit

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  • Real Estate Confidence Index Hits New High Real Estate Confidence Index Hits New High

    United States Real Estate Confidence Index Hits New High in November RISMEDIA, December 3, 2009—Real estate professionals in the United States sent Point2 Technologies Inc.’s forward looking Real Estate Confidence Index (RECI) to new highs in

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  • Has the period of expansion already begun? Has the period of expansion already begun?

    land,lot,prices, Record Low Lot/Land Prices. Has the period of expansion already begun? The Neuse River area land and lot average sold price for the month of November was at a historic low level. The information gathered to make the graph you see

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  • North Carolina Real Estate Nationally Ranked! North Carolina Real Estate Nationally Ranked!

    The trials and tribulations of the real estate market have been a national news feature for some time now. But not all real estate markets are bad. Take for example North Carolina. The Tar Heel state continues to rank high in where people want to liv

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  • Wealthy Investors Are Eyeing Real Estate Wealthy Investors Are Eyeing Real Estate

    "Investors believe real estate will yield better returns". The wealthier the investor, the more money they plan to put in real estate compared to the amount they have earmarked for stocks and bonds, according to Barclays Plc global survey. Investo

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  • Buying Real Estate Using Self Directed IRA Buying Real Estate Using Self Directed IRA

    Using an IRA to purchase real estate? You Betcha! It can be possible with a "Self Directed" IRA. Technically speaking, a self directed IRA is no different than any other IRA or 401K. But as the name implies a self directed IRA gives you power and con

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  • Average North Carolina Mortgage Rate 5.03% Average North Carolina Mortgage Rate 5.03%

    Nov. 30, 2009 (Bankrate.com) -- Average rates on 30-year fixed mortgages in North Carolina rose 1 basis point to 5.03 on Monday, according to Bankrate.com's daily Your Best Interest report. A basis point is one-hundredth of a percent. The mortgages i

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  • Inner Banks: 7,000 Year History of Native Americans  Inner Banks: 7,000 Year History of Native Americans

    The Inner Banks of North Carolina and surrounding coastal areas may not be what first comes to mind when you think of Native American Indians. But the following article shows just how rich in history our area is. Native Americans have long history

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  • Mortgage rates drop to all-time low Mortgage rates drop to all-time low

    Mortgage rates drop to all-time low By Holden Lewis • Bankrate.com Mortgage rates dropped to a historic low, but hardly anyone is getting a home loan. The benchmark 30-year fixed-rate mortgage fell 13 basis points, to 5.06 percent, according

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  • Good Economic News: GDP Up!! Good Economic News: GDP Up!!

    GROSS DOMESTIC PRODUCT: THIRD QUARTER 2009 (SECOND ESTIMATE) CORPORATE PROFITS: THIRD QUARTER 2009 (PRELIMINARY) Real gross domestic product -- the output of goods and services produced by labor and property located in the United States -- increa

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  • Eastern NC Health Care Networks Top Ranked Eastern NC Health Care Networks Top Ranked

    UHS among nation's 100 best integrated systems Written By Jimmy Ryals GREENVILLE, N.C. - A national health care research firm has rated University Health Systems of Eastern Carolina among the nation's most highly integrated health care networks.

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  • First-Time Home Buyers Set Record in Past Year First-Time Home Buyers Set Record in Past Year

    NAR Survey Shows First-Time Home Buyers Set Record in Past Year First-time home buyers reached the highest market share on record during the past year, according to the latest consumer survey of home buyers and sellers. The study was released here

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  • NC Mortgage Rates Average 5.07% NC Mortgage Rates Average 5.07%

    NC Mortgage Rates Average 5.07% Nov. 19, 2009 (Bankrate.com) -- Average rates on 30-year fixed mortgages in North Carolina rose 5 basis points to 5.07 on Thursday, according to Bankrate.com's daily Your Best Interest report. A basis point is one-hun

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  • 1rst annual Mattamuskeet Decoy and Waterfowl Festival 1rst annual Mattamuskeet Decoy and Waterfowl Festival

    The first annual Mattamuskeet Decoy and Waterfowl Festival will be held Saturday and Sunday November 21st and 22nd, 2009 at Mattamuskeet High School in Swan Quarter, NC. The festival is sponsored by the Hyde County Waterfowl Association and local org

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  • NC Military Growth Means Economic Explosion NC Military Growth Means Economic Explosion

    More Marines, sailors, soldiers and airmen will call North Carolina home " Among the sectors expected to grow by at least $100 million are construction; retail trade; real estate, renting and leasing" The military is big business in North Caroli

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  • Yun: 2010 Sales to Rise 15 Percent Yun: 2010 Sales to Rise 15 Percent

    Yun: 2010 Sales to Rise 15 Percent Home sales will increase 15 percent to about 5.7 million units and REALTOR® income will be up 20 percent in 2010, NAR Chief Economist Lawrence Yun told a packed room of REALTORS® today in a residential economic u

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