2006 NAR Profile of Second, Vacation & Investment Home Buyer

Second-Home Owner Survey
Shows Solid Market, Appetite for More

A new survey of second-home owners by the National Association of Realtors shows boomers continue to dominate the market, and a growing number of second homes - more than one in ten are owned by minorities. a surprising majority of respondents own properties in addition to their primary residence...

35 percent of all investment-home owners said they were planning to buy another home within two years. For those who currently own four or more investment units, 64 percent said they planned to buy another property within two years, and 17 percent said they planned to purchase five or more additional properties...

2006 Second, Vacation, & Investment Home Buyer profile PreConstruction Investment Properties Vacation Properties

About Wilmington NC, Golf, Dining, Art & Culture

About Wilmington North Carolina
Golf, Dining, Art & Culture

Whether you're a beachcomber, golfer, shopper or history buff, the Wilmington, NC area is the ideal travel or relocaton destination. Located midway between Ney Your City and Miami, the Cape Fear Coast, extends from Wrightsville Beach to Southport, NC. Nestled along the banks of the Cape Fear River, the historic port city of Wilmington offers the unique appeal od thoroughly modern amenities steeped in the charm of a bygone era.

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Cape Fear Real Estate Market Equals Solid Investment

Cape Fear Real Estate Market Equals Solid Investment
2005-06 Cape Fear Relocation Guide

In these tumultuous times, many people have decided to put their money in tangible investments, and in the Cape Fear area, the best bet in investments has been and continues to be real estate. With more people and industry realizing what a beautiful place the Calorina coast is and the throngs of college students who flock to the area schools each semester, the supply and demand om real estate has sent prices soaring, and the trend does not look to be slowing down. Savvy investors see the opportunity to invest in real estate in the form of rental homes, spec homes, land holdings, pre-construction purchases and buying distressed properties, repairing them, and selling them for a profit.

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Wilmington, NC Area Economic Housing Market Outlook

Area Economic Outlook "stellar"
Housing market, Full Employment amoung Highs for Southern N.C.
WilmingtonStarNews

"Housing bubble? Not here. Unemployment? Not a Problem. Ray Owens, a Fed economist, addressed business and political leaders Thursday at the annual economic sponsered by RSM McGladrey, The Greater Wilmington Chamber of Commerce and the Committee of 100. The senior economist with the Federal Reserve Bank of Richmond recapped 2005 and laid out the economic picture for 2006 before a full house. Owens told the invitation-only crowd that "2006 looks stellar."

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