Kathy Knight - Welcome to the Beach

Warren Buffet is seen by many as the greatest investor of our time. When he speaks, people listen. Like anyone else in his position of influence, he is criticized by some for using his bullhorn to promote his own business agendas at times. That makes it very interesting when we occasionally learn of how he privately advises those closest to him.

Such a situation occurred this week. Debbie Bosanek, Warren Buffet’s secretary of 37 years, recently purchased a second home in Surprise, Arizona.

In an article in the Omaha World Herald, Mrs. Bosanek discussed her reasons for purchasing a second home and the personal advice she received from Mr. Buffet.

“I just thought it was time to buy a home. Warren tells me that it will be the best opportunity in my lifetime....

 

 

2012 is off to bang at Intracoastal Realty. In the first 3 weeks of the year our company’s agents have placed over $ 40 million sales.

 

This is a increase of 146% over last years first 3 weeks of sales.  Market is looking up and I have been showing property all week.

Hopefully this year will be certainly better than last year. If you want to sell i would put your house on the market right now to take advantage of all the buyers out there looking to move here.  

                                                                                                           

A government website has a tug boat The Valley Forge, a tugboat for sale with a starting bid of $ 150.  Sunny point terminal has a  contract with the Department of Defense,  that operates the websitewww.govliquidation.com and receives about 10,000 items of surplus and scrap from the military weekly. The site has been called "eBay for the Pentagon."

But the Valley Forge is a rarity.

"We have probably had three to four tugboats" over the past decade,...

December just means that 2011 is over.  We have a 7.2% increase in average sales price from last month. When you look at the sales for December you will see that there are only 4 transactions over $700,000. Almost 23% of our sales price range was $200,000 to $299,000 while over 44% of our transactions were for price range of $160,000 and down. Our sold units are up by 8.5% from last month and down 4.6% over last December. Current listing inventory is down by 8.6% from last month (which is to be expected) and the sellers paid concessions is down by 1.0% from last month. The average sold price is up $14,533 from last month and down $20,490 from last December. Our sold units hit 371, an increase of 29 units from last month. On January 1st we saw a decrease of 355 homes in our listing inventory; we have 3,751 homes on the market as of January 1st. This is our lowest listing inventory in a long time. This adjusted our month’s supply with just over 10.1 months a decrease from last month’s 12.4. Our average list price...

WANTED TO PURCHASE : FARMS - we have buyers looking for farms. Do you have a farm to sell with stables for horses?
We currently have 2 buyers looking for farms. Contact me and I may be able to help sell your farm....
Kathy Knight 910 471-4956 Intracoastal Realty Corp...

 

Until 12/31: Teacher’s Fund Raffle Tickets for sale  - Intracoastal Realty Corp raffle

to benefit the Teachers Fund.

    Buy a ticket for $ 10.00 and win a chance to receive an Ipad 2.

Until 1/2: Downtown Holiday Tree Lighting. Riverfront Park, Downtown Wilmington

Until 1/4:  Holiday Lighting of the Battleship. Downtown Wilmington

12/31: New Year’s Eve Cruise aboard Henrietta III Riverboat,...

Remember the outdoors:  The front of the home is one of the first impressions a buyer gets. Be sure to keep the yard maintained and the walkways clear. Provide Convenient Parking:  Buyers prefer not to walk too far in cold weather. If it’s wet or snowy leave a decorative rug so your prospective buyer can wipe their feet. Turn on the Lights:  Tackle winter’s short and cloudy days by having the lights on. When you have a showing, turn on every single light in the house, even in closets and the garage. Leave blinds and curtains open to let light shine in. Keeping lights...

PM ET It’s the question that everybody wants to know, but no one seems to be able to answer: When will home prices finally hit bottom? A lot of pundits even locally have discussed the “bottom” of the real estate market. Here is what the Analysts at Goldman Sachs predict in a new report (published late Friday) that the end of the crash in home values is actually within view.

Goldman’s analysts, Hui Shan and Sven Jari Stehn, project that the national S&P/Case-Shiller home price index has 2.5% to fall before it hits bottom next summer. The Case-Shiller index of prices in 20 large cities is likely to fall 3.5% before hitting bottom in the second half of 2012, they say.

How do these forecasters reach this conclusion? Well, that’s where things get complicated.

The analysts constructed a new model of home prices in 147 U.S. metro areas, estimating an “equilibrium” home price for each. That measurement is an expected home price based on population, income, lending costs and construction costs....

Here are a few for you to consider                                          Fort Fisher…

 

Fort Fisher Tour, Tour, Fort Fisher, Kure Beach, Hourly from 9 am, Donation

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great white off coast of Wrightsville Beach NC



3 guys fishing were circled by an inquisitive great white shark this past weekend while fishing off coast of Wrightsville Beach NC.

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