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from in-state. A modest 19 percent were from New Hanover County, of which 4 percent
were already Wrightsville Beach property owners or residents.
Other buyers came from across the country, with one buyer each from California,
Texas, the Midwest, Tennessee, Virginia, Boston, New York, Maryland, Connecticut and
Washington, D.C., and two from Atlanta.
Those new property owners coming from other North Carolina towns and cities
included two each from Fayetteville, Wilson, Greensboro and Charlotte, and one each from
Lumberton, Clinton, Burlington, Franklin, Winston-Salem and Banner Elk. The predomi-nant
buyers of Wrightsville Beach properties were from the Raleigh and the Triangle area
2 Cowrie lane — One of three Wrightsville Properties to sell at $2 million or more.
910-620-8181 (M)
910-256-4503 (O)
1-800-533-1840
Selling Beach & Waterfront Property for 20 years
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The property is located on a protected basin
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includes a 24’ Searay boat currently in slip.
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Waterway Lodge
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Buying, Selling, or Investing, Call Mike
www.wrightsvillebeachmagazine.com WBM
(38 percent).
Wrightsville gained an impressive collection of new property owners; two are engi-neers,
four are described by agents as retirees, three are attorneys, four hail from bank-ing
and the world of finance, six from the medical profession, one hails from NASA,
one from Fuji and another is a nuclear consultant. Trucking and industrial construc-tion
are represented as well as manufacturing and large-scale farming operations. The
remainder, with a few notable exceptions, tended to be business professionals or entre-preneurs.
One comes from telecommunications and one from textiles. And despite the
recession, one was a real estate appraiser. And one a real estate developer. And another
is a religious professional and even one a media publisher.
At Landfall, the picture differs somewhat. Allison Bernhart of Landfall Realty says about
90 percent of recent house purchases were primary homes, either relocations or people mov-ing
from within Wilmington, mostly for purchases between $500,000 and $650,000. About
half the buyers were retirees, she adds, and the other half were people working in the com-munity,
like the university or hospital.
Although some of the top home sales in the region for the last year have been on Figure
Eight Island, that doesn’t mean crowds of people are rushing to move there.
“It’s been a slow year, like everybody else,” says Judy Parlatore of Figure Eight Realty. She
adds that prices have fallen, along with volume. She says most of the houses purchased on
Figure Eight will be used for second homes or vacation homes. Most of the buyers are from
North Carolina and have come to the island because of referrals from friends who already
own property there.
Intracoastal Realty Corporation
is licensed in NC
MikeFarris
www.MikeFarrisRealtor.com
mikefarris@intracoastalrealty.com
Realtor® N.C. License #58623