December 21, 2009 at 4:36 pm
· Filed under Business Updates, Market Statistics, Real Estate News
We’re wrapping up 2009. Despite all the doom and gloom national news about real estate, we had a great year in our real estate market (Hampstead, Wilmington, Jacksonville, Topsail Island NC). Our team and all our agents are in the process of finishing up our 2010 production goals. We’re shooting high, and I continue to be very optimistic about our local real estate market. The truth is, we live in a wonderful place that has so many attractions. We have the various beaches, downtown Wilmington, the aquarium, and a growing movie industry. The bottom line is that people love to come to Wilmington and the beaches for vacation, the holidays, or just weekends where they can get away.
Although the national news may still continue to spew bad news, I still remain optimistic and positive about our market (By the way, I do not watch the news, because it’s just too negative. I keep up with the news that I want to know about on the internet, and I get it from legitimate news outlets that don’t spew all the fear and garbage just to get ratings). People love our area and they’re not going to stop coming. There has never been a better time to buy homes or land. Prices are extremely low, and a higher supply of inventory has brought prices down to reasonable levels. Sellers have had to be realistic in the marketplace in order to sell their homes. Interest rates continue to stay very, very low. That’s a great combination that makes it a great time to buy, or great time to “buy up.”
And of course, there is still the $8,000 tax credit for first time homebuyers, and the $6,500 tax credit for those who sell an existing house and purchase another. So as the year winds down, holiday wishes from all of us here at Stephanie Gasparovic & Associates, Inc. and let’s all hope for a great new year!
Stephanie Gasparovic, Realtor®
Stephanie Gasparovic & Associates is the educated choice in Hampstead NC Real Estate and the Greater Wilmington NC Areas. Visit one of our exclusive Hampstead NC Communities. Stephanie Gasparovic & Associates has all the listings all the time! At Stephanie Gasparovic & Associates, we believe that knowledge is power – Let us put our knowledge to work for you!
(910) 264-7826 www.StephanieGasparovic.com Search All MLS
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November 30, 2009 at 2:27 pm
· Filed under Local News, Market Statistics, Real Estate News ·Tagged Black Friday, Hampstead NC Real Estate, Holiday Savings, Interest Rates, NC Beach Real Estate, Real Estate Market News, Real Estate Price Reductions, Wilmington NC Real Estate
With the Thanksgiving holiday now fleeting, we will remember being bombarded with Black Friday sales pitches and we’ll hear all the stories of crazy lines and pushy customers. And hopefully we won’t hear of any more stampedes this year! In our real estate market, if there were a Black Friday—a time to buy property at discount—it would be right now. There are two main factors that in my estimation support this: First, prices in our Hampstead and NC Beaches markets have really dropped. It’s about supply and demand, and there is a huge supply, which drives the prices down. Second, economic and real estate experts agree that in the spring of 2010 interest rates will increase (read this Article from the Wall Street Journal for details). The reason rates will go up, they say, is because the Fed has announced they will stop purchasing mortgage backed securities. This will drive rates higher, which means less borrowing power and higher monthly payments if you wait until the spring to buy. So if you’re thinking about buying or selling in the Hampstead, Wilmington, or NC beaches area, you might want to consider now instead of waiting.
Stephanie Gasparovic, Realtor®
Stephanie Gasparovic & Associates is the educated choice in Hampstead NC Real Estate and the Greater Wilmington NC Areas. Visit one of our exclusive Hampstead NC Communities. Stephanie Gasparovic & Associates has all the listings all the time! At Stephanie Gasparovic & Associates, we believe that knowledge is power – Let us put our knowledge to work for you!
(910) 264-7826 www.StephanieGasparovic.com Search All MLS
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November 24, 2009 at 3:59 pm
· Filed under Business Updates, Real Estate News ·Tagged hampstead nc community, hampstead nc home for sale, hampstead nc land for sale, Hampstead NC Real Estate, hampstead nc water access community, hampstead nc waterfront property, intracoastal waterway property, Real Estate, real estate market, realtor
Long Point Estates is a unique waterfront and water-access community like no other. And the time to buy has never been better. We’ve just reduced prices for all remaining Long Point lots. These lots have some of the most beautiful views you could imagine. Overlooking the Intracoastal Waterway/Topsail Sound, you can see Topsail Island, Lea Island, Figure Eight Island, and you can look straight through the inlet to see the waves crashing in the ocean! On some days, you can even hear the waves crashing! Discover a lifestyle filled with exquisite boating, nature, and convenience!
Long Point has a community pier with boat slips available for purchase. The most affordable waterfront lots in Long Point are “second row” lots that have gorgeous views of the Intracoastal Waterway to the front, and also a deep water canal in the back yard where you could keep your boat wet in the water! Prices have just been reduced and luxury waterfront living has never been this affordable!!
Stephanie Gasparovic, Realtor®
Stephanie Gasparovic & Associates is the educated choice in Hampstead NC Real Estate and the Greater Wilmington NC Areas. Visit one of our exclusive Hampstead NC Communities. Stephanie Gasparovic & Associates has all the listings all the time! At Stephanie Gasparovic & Associates, we believe that knowledge is power – Let us put our knowledge to work for you!
(910) 264-7826 www.StephanieGasparovic.com Search All MLS
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November 3, 2009 at 2:28 am
· Filed under Local News, Market Statistics, Real Estate News ·Tagged foreclosure, Hampstead NC, Real Estate, Real Estate Market News, short sale, surf city nc, topsail beach nc
“Short Sale” is definitely a buzz word in today’s market. There are many short sales in our local market of Hampstead, Wilmington, Jacksonville, and especially on the beaches- Surf City, Topsail, and Wrightsville Beach. We understand what it takes to represent a seller in a short sale and help them navigate the short sale with their lender and try to get the property sold—and approved by the lender—before the property goes to foreclosure. But short sales are very tough, and they don’t always work out. Here is an article that explains in detail why short sales are so tough. http://rismedia.com/2009-10-22/are-short-sales-anything-but-short/
Many buyers these days are looking for great deals, so they want to look at short sales or foreclosures. We have access to all of these deals, but depending on the buyer, buying a short sale may not be what they’re really looking for. Normally short sales take much longer to get closed—sometimes many, many months. And often times they never end up closing due to the lender not approving the sale, or sometimes the lender just takes so long that the buyer can’t wait any more. There are many traditional properties in the market that are great deals that are priced below market value. This is a buyer’s market, so if you’re looking for a deal, there is probably something out there for you. It’s a great time to buy, especially since mortgage rates are still at an all time low.
Stephanie Gasparovic, Realtor®
Stephanie Gasparovic & Associates is the educated choice in Hampstead NC Real Estate and the Greater Wilmington NC Areas. Visit one of our exclusive Hampstead NC Communities. Stephanie Gasparovic & Associates has all the listings all the time! At Stephanie Gasparovic & Associates, we believe that knowledge is power – Let us put our knowledge to work for you!
(910) 264-7826 www.StephanieGasparovic.com Search All MLS
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October 20, 2009 at 6:44 pm
· Filed under Business Updates, Motivational, Personal ·Tagged Hampstead NC Business, Hampstead NC Real Estate, Hampstead NC Realtor, Parenting, Teamwork
So, today I am 39 weeks pregnant, only one week short of my due date of October 26th! I’m getting very excited, and definitely ready to have the baby! Thanks so much to Chantel, Eric, Rose, Andrew, and Brad – all the members of Team Gasparovic – for taking great care of all of our clients and our communities while I’ve been preparing for the baby’s arrival. The experience of the past few months has shown that Team Gasparovic truly works and succeeds as a TEAM. I am very happy to be a part of such a great business in Real Estate.
Stephanie Gasparovic, Realtor®
Stephanie Gasparovic & Associates is the educated choice in Hampstead NC Real Estate and the Greater Wilmington NC Areas. Visit one of our exclusive Hampstead NC Communities. Stephanie Gasparovic & Associates has all the listings all the time! At Stephanie Gasparovic & Associates, we believe that knowledge is power – Let us put our knowledge to work for you!
(910) 264-7826 www.StephanieGasparovic.com Search All MLS
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October 19, 2009 at 7:49 pm
· Filed under Mortgage News, Real Estate News ·Tagged Hampstead NC Real Estate, homebuyers tax credit, Homes for Sale
Must Hurry to get the $8,000 Tax Credit!!— Most of you know about the $8,000 tax credit for “First Time Homebuyers.” This certainly provided a boost to our local markets in Hampstead, Wilmington, and Jacksonville NC.
A couple things many people don’t know:
(1) It’s not limited to just first time homebuyers. You can qualify for this credit if you haven’t owned a home in the last 3 years;
(2) This credit ends November 30, 2009. This means if you don’t close on the property before that date, you don’t get the $8,000! That only leaves about 45 days, and that’s about how long it normally takes to close a deal after it goes under contract. So for those of you out there that might be on the fence about buying a home, you might want to consider this. Getting $8,000 for buying a house is a great deal that we’ll probably never see again. Combine that with the fact that prices are at a record low, and mortgage interest rates are at a record low as well!! Has there ever been a better time to buy?!?!?
All of our listings and exclusive subdivisions would work for the tax credit. The Cottages at Avendale are a great entry level price point for true first time homebuyers, with prices starting in the $130’s.
Stephanie Gasparovic, Realtor®
Stephanie Gasparovic & Associates is the educated choice in Hampstead NC Real Estate and the Greater Wilmington NC Areas. Visit one of our exclusive Hampstead NC Communities. Stephanie Gasparovic & Associates has all the listings all the time! At Stephanie Gasparovic & Associates, we believe that knowledge is power – Let us put our knowledge to work for you!
(910) 264-7826 www.StephanieGasparovic.com Search All MLS
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August 20, 2009 at 2:03 am
· Filed under Mortgage News, Real Estate News ·Tagged Hampstead NC Homes, Hampstead NC new construction, Hampstead NC Real Estate, Hampstead NC Realtor, Home Appraisals, New Appraisal Rules, Real Estate Market News, Search MLS Hampstead NC, Stephanie Gasparovic
The Real Estate industry nationwide has been feeling the effects of the new home appraisal rules. In many instances the new rules have resulted in appraisals coming in too low, and have been delaying closings and undermining sales. The article provided here by Alex Veiga in the Charlotte Observer focuses on the rising backlash of Realtors, mortgage lenders, and homebuilders, against the new rules. We have already witnessed this taking place in our Hampstead NC Real Estate market, especially in some of our new construction Hampstead communities. We recently had a new construction home not appraise because of these exact issues. I do feel that this will cause future problems in our industry.
Stephanie Gasparovic, Realtor®
Stephanie Gasparovic & Associates is the Educated Choice in Hampstead NC Real Estate and the Greater Wilmington Areas. Team Gasparovic has all the listings all the time!
(910) 264-7826 www.StephanieGasparovic.com Search All MLS
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April 24, 2009 at 1:08 pm
· Filed under Business Updates, Real Estate News ·Tagged Hampstead NC Communities, Hampstead NC Homes, Hampstead NC new construction, Hampstead NC Parade of Homes, Parade of Homes 2009, Real Estate, Wilmington NC Parade of Homes
Tour the finest new homes in the area at the 23rd annual Parade of Homes over two weekends, April 25th and 26th and May 2nd and 3rd from noon to 5:00pm each day. This year’s parade features the first ever “green” homes section, and new construction homes of all price ranges. The homes of best quality are awarded Gold, Silver, and Bronze awards, a tradition that honors our area’s most esteemed builders. This event is brought to you by the Wilmington-Cape Fear Home Builders Association. Information such as this year’s schedule, participants, homes available to tour, and more may be viewed at www.WilmingtonParadeofHomes.com. Visit our Hampstead homes during this year’s event! Click HERE to view our Hampstead communities’ floor plans in competition for the Gold Award. We hope to see you there!
Stephanie Gasparovic, Realtor®
Stephanie Gasparovic & Associates is the Educated Choice in Hampstead NC Real Estate and the Greater Wilmington Areas. Team Gasparovic has all the listings all the time!
(910) 264-7826 www.StephanieGasparovic.com Search All MLS
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