First-person real estate news from the verified agents, lenders, and operators working Wilmington. Original local reporting from KeyCrew Media, not aggregated hot takes.
Buying a rental property seems straightforward: purchase a home, find a tenant, and collect rent. But for many new landlords, the real costs become clear only after the first few months. Insurance premiums, maintenance bills, management fees, and a range of smaller expenses quickly add up, often shrinking the profit margin that looked promising on ...
The Wilmington rental market shows a clear split in performance by bedroom count, a factor now determining which properties succeed and which struggle. Catherine Huffman, co-owner of Keyrenter Wilmington, reports that rents for three-bedroom and larger homes have increased year over year, while two-bedroom units have declined over the same period. “Three bedrooms and up ...
As hundreds of new single-family homes are built each month in the Wilmington area, many landlords are purchasing properties based on personal preference rather than actual rental market data, according to Catherine Huffman, co-owner of Keyrenter Wilmington. This disconnect is leading to a growing number of underperforming rentals, with more vacancies and lower rents than ...
Wilmington, North Carolina’s rental market is experiencing steady growth, driven primarily by small-scale property investors rather than large institutional buyers. Even as coastal insurance costs rise and rapid development brings new hurdles, individual landlords remain the main force behind local rental housing. Catherine Huffman, owner of Keyrenter Wilmington, a property management company in North Carolina, ...
Jennifer Ay and Maria Chiverella of Nomadic Tides celebrate their Award for Excellence in Business Consulting Nomadic Tides wins award for excellence in small business consulting, highlighting its innovative solutions and impact in real estate and underserved sectors. WILMINGTON, NORTH CAROLINA, UNITED STATES, August 23, 2024 /EINPresswire.com/ — Nomadic Tides, a distinguished women-owned consulting firm, ...
Original reporting from other North Carolina markets on the KeyCrew network.
In most Sun Belt relocation stories, the destination is Florida. North Carolina’s Triangle region shows a different pattern. Students arrive for university, stay for jobs, and start families. Then their parents follow. Dave Harney has nearly 20 years of real estate experience with Coldwell Banker Advantage in the Wake Forest area. He says this multi-generational ...
National headlines describe a housing market frozen by high rates, but Charlotte doesn’t fit that picture neatly. Homes are still selling there, and close to their asking prices. What has changed is how much separates the winners from the rest. A well-located, well-kept, realistically priced house still moves, while one that needs work or overreaches ...
Durham’s housing market is sorting homes by condition and price. Emily Godrich of Heart NC Realty Group sees both outcomes: her two most recent Durham listings each sold within five days with multiple offers, while other homes in the market are not selling right away. Pricing has had to adjust as well. “We’ve had to ...
In most real estate transactions, the sequence of financial commitments works against the buyer. Non-refundable due diligence fees, earnest money deposits, inspection costs, and appraisal fees are all paid before the buyer has a clear picture of a property’s actual condition. When problems surface – foundation damage, structural issues, faulty wiring – buyers who walk ...
When national builders offer rate buydowns, closing-cost credits, and upgrade packages to move inventory, buyers gain leverage. The incentive itself is a signal: the builder needs you more than you need the builder. In the custom luxury market of Wake Forest, North Carolina, those signals do not exist. That absence shapes how buyers negotiate. Dave ...
A three-bedroom ranch in Rocky Mount, North Carolina, recently sold for $214,000 with a monthly payment of around $1,200. A comparable home in Raleigh, similar size, similar condition, would have listed closer to $320,000 with a payment near $2,200. That $1,000-a-month gap between two cities separated by roughly an hour of highway is defining where ...
Editor-picked local real estate reporting from markets across the KeyCrew Media network.
Spokane’s residential market has settled into a pattern that rewards discipline and punishes nostalgia. Sellers who list based on what they remember from a few years ago – when homes drew multiple offers within days – are finding that the market has moved on without them, according to Kim Hagel-Barkley of The Barkley Group in ...
The gap between Houston’s residential market and its coastal neighbor shows what happens when short-term rental speculation meets a correction. Harris County, Texas, currently has roughly six months of housing inventory – enough to classify it as a balanced-to-soft market where sellers need to price carefully and present homes in strong condition. But the sharper ...
The U.S. rental market built aggressively during the pandemic era, particularly in Sunbelt cities like Nashville, Austin, and Dallas. Now much of that new inventory, especially high-end apartments, is sitting partially empty, competing for renters whose budgets have tightened considerably since construction began. The disconnect is straightforward: developers built expensive Class A apartments in markets ...
In most American markets, holding a property for ten or twelve years builds a cushion of equity. In Manhattan, that assumption no longer holds across large segments of the market, according to Nikolay Afanasyev, Founder & CEO of CITY SPHERE Property Group, a boutique brokerage covering Manhattan and parts of Brooklyn. Rising building carrying costs, ...
For buyers waiting on the largest purchase of their lives, the appraisal process is one of the last black boxes in a home purchase. Turnaround time isn’t a single number; it’s the sum of scheduling, inspection, report production, quality review, and any revision cycles that follow, and thin appraiser panels and uncontrolled revision cycles are ...
The company has already published over 5,000 articles in collaboration with over 1,800 market experts across all 50 states, powered by a tech-forward approach to research and reporting. MIAMI, FL – July 28, 2026: KeyCrew Media, the expert-sourced real estate news network, today unveiled KeyCrew Local, a network of local real estate news sites and ...
Local real estate reporting from the markets around Wilmington.
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