Compass Pointe NC

Distinctive Coastal NC Community!


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Top 5 Reasons To Buy In The Wilmington, NC Area NOW

1. Home Values Are Appreciating

  • Recent data from CoreLogic Information Solutions showed that North Carolina home values appreciated 1.0 percent in February and 8.0 percent from February 2013.
  • According to Fine Coastal Living, demand is on the increase, so the time to buy is now before prices increase.
  • And according to Zillow, home values in Wilmington have increased 5.1% over the past year and are predicted to rise 2.7% over the next year.

2. Mortgage Interest Rates Are Historically Low

  • Mortgage interest rates hit their lowest levels for 2014 in May and are predicted to continue to fall across the nation, suggests CNN.
  • For buyers who qualify, mortgage rates are close to 40-year lows according to the National Association of Realtors (NAR). The average 30-year fixed rate mortgage rate, currently at 4.14 percent, as of June 27, 2014. These historically low-interest rates allow a substantially larger population of Americans to own their own homes.

 3. Buying in Wilmington Beats Renting

  • As the NAR reminds us, real estate remains the best investment available.
  • Over the past 30 years the median price of existing homes has increased an average of more than 6 percent every year, and home values nearly double every 10 years, a NAR campaign says.
  • A Federal Reserve study shows the average homeowner’s net worth is 46 times the net worth of the average renter.
  • According to Trulia, the median home price Wilmington from March to June was $188,000, which is an increase of 3.9% from the prior quarter and an increase of 1.6% from 2013.

 4. Wilmington Is Gorgeous & Full Of History

  • Wilmington is a port city located on the Cape Fear River with a historic downtown area, but it is also mere minutes away from beautiful sandy beaches. Winters are mild ranging from lows in the 30s to highs in the 50s. Summers are southern hot and range from the 80s to the 90s. The nearby beach and Intracoastal Waterway are perfect for all types of activities including, swimming, boating, fishing, and more.
  • Where to Retire Magazine named Wilmington one of the 100 best retirement towns in the country.

 5. There’s So Much Going On

Film/Festivals

  • Wilmington, AKA Hollywood East, is home to EUE/Screen Gems Studios. Popular televisions series like Dawson’s Creek, One Tree Hill and Under The Dome have used the stages and multiple locations throughout the city, as well as popular movies like Iron Man and We’re The Millers.
  • Since 1995, Wilmington hosts an annual, nationally recognized, Cucalorus Independent Film Festival.
  • One of the largest DIY festivals, the Wilmington Exchange Festival, occurs over a period of 5 days around Memorial Day each year.
  • The North Carolina Jazz Festival is a three-day traditional jazz festival which features world-renowned jazz musicians.

Sports

  • The Wilmington Sharks are a Coastal Plain League (CPL) baseball team.
  • The Wilmington Sea Dawgs are a Premier Basketball League (PBL) team.
  • The Wilmington Hammerheads are a professional soccer team in the United Soccer Leagues Second Division.
  • The University of North Carolina Wilmington (UNCW) sponsors 19 intercollegiate sports and has held Division 1 membership in the NCAA. UNCW also competes in the Colonial Athletic Association.
  • The Cape Fear Rugby Football Club is an amateur rugby club playing in USA Rugby South Division II. They host the annual Cape Fear Sevens Tournament held during 4th of July weekend; hosting teams from all over the world.

 


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Featured Builder of the Week: Wilsey Custom Homes

Wilsey Custom Homes Exterior Compass Pointe Builder

After ten weeks of posting our Featured Builder of the Week articles, we’ve reached our eleventh and final featured builder! Wilsey Custom Homes is a builder who not only specializes in custom homes, but long-lasting customer relationships! A lot more than physical structures goes into working with this 30+ year experienced home builder Continue reading


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Featured Builder of the Week: Trusst Builder Group

Trusst Home Exterior

This week’s featured builder has their value right in their name: Trusst Builder Group. Known for their quality, value, and of course, trust, Trusst Builder Group is a fantastic builder that has been constructing gorgeous quality homes in the Cape Fear region since 1992. Continue reading


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Plan Your Easy Fall & Winter Vacations with Our TOP 3 Rustic Getaways!

Shenandoah National Park

Everybody loves a good “getaway” every now and then, and here at Compass Pointe we are fortunate enough to be located in an area that is considered a getaway to most. Our area beaches and charming nearby towns including Historic Wilmington make this a perfect place to visit if it’s not already your home, but with the winter months coming up soon many people may crave a more rustic-themed weekend getaway. Fortunately, in addition to being located in a place worthy of vacationing to, we are also driving distance from many beautiful towns that are perfect for winter retreats! We’ve chosen to highlight three towns that are perfect for a low-key, rustic fall or winter vacation.

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Featured Builder of the Week: Liberty Homes

Liberty Homes

It’s time for another featured home builder, and this week we are happy to announce that the featured builder is Liberty Homes! We are honored to work with Liberty Homes, because their vision states “Building quality homes in quality neighborhoods that allow you to enjoy a quality life.” As you can tell, this home builder is strongly focused on high quality homes and communities that keep the homeowner extremely happy. Continue reading


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Featured Builder of the Week: Kent Homes

Kent Homes Exterior

Writing about each of our builders every week has been a great opportunity for us to reflect upon why it is we love working with all of these builders in our community. This week we’re showcasing Kent Homes, a builder that is truly dedicated to “a smarter way to a luxury home,” with a streamlined process that makes life easy for those searching for their dream home. Continue reading


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Featured Builder of the Week: Horizon Homes

Horizon Homes Exterior

Horizon Homes is this week’s featured builder, and we love that their goal is simply to build affordable custom homes.

Many homebuyers rule out the idea of building a custom home, assuming that it is too costly. Horizon brings the option of building custom homes to people with all sorts of budgets, maintaining a “That’s included!” mindset that consistently brings buyers pleasant surprise rather than disappointment or frustration. Continue reading


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Featured Builder of the Week: Heritage Builders, Inc.

Heritage Homes Exterior

The spotlight this week is being shined on Heritage Builders, Inc.! Heritage specializes in solar and energy efficient homes, making them a great low-cost option for the long-term. Continue reading


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Featured Builder of the Week: Hagood Homes

Hagood Homes the Appomattox

This week’s featured builder is the one and only Hagood Homes! We love the history and family value that builds the foundation of this company, with the first Hagood Home being built by Johnson Hagood in 1841.

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The BIG REVEAL of Our New Website!

New Website Compass Pointe Home

At Compass Pointe we have been improving the ways in which we interact with our residents and other individuals. One of our most exciting improvements is our brand new and improved website! We are thrilled to have it up and running so that we can finally share the details with you all (we’ve been excited)! Continue reading

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