Wrightsville Beach Blog

Our Wrightsville Beach Blog provides articles on featured real estate, mortgage tips, local restaurants and much more pertaining to beautiful Wrightsville Beach, NC. 

March 21, 2014

Wrightsville Beach Flood Insurance Changes

A lot of Wrightsville Beach residents and prospective beach home buyers are wondering what is going on with the Flood Insurance changes. Many are fearful of rising premiums. As of today, the Homeowner Flood Insurance Affordability Act was passed through Congress and the President is expected to sign it into law.

This act is an amended version of the Biggert-Waters Flood Insurance reform introduced in 2012 which was an effort to balance the budget of the National Flood Insurance Program (NFIP). The NFIP is estimated to be in $24 billion of debt, largely contributed by damage claims from super storms Katrina and Sandy. Compounding the budget deficit is the fact that insurance premiums have been subsidized since the program’s inception 50 plus years ago. Also, increased popularity to live in higher risk environments like the Carolina coast has put additional strain on the program.

So what does this mean for Wrightsville Beach homes or waterfront property along the intracoastal waterway? Premiums can rise in the next 1-3 years, but primary residences built after 1975 are capped at 18% increase per year. If built before 1975, there is an 18% ceiling. If you own a second home or commercial property, the annual increase is capped at 25%. There is also grandfathering for homes in their current flood zone designations so existing home owners are not saddled with the costs of these new insurance changes.

Whether looking to buy or sell at Wrightsville Beach, it is more important than ever to look closely at flood insurance during your diligence time of the transaction. Our team will make sure to put you in touch with our preferred Insurance Agents so you can make the best judgment call with your real estate.

Posted in General Articles
March 15, 2014

Wrightsville Dunes Photos

Wrightsville Dunes is a highly sought-after, oceanfront condo community at Wrightsville Beach. Our clients often ask about Wrightsville Dunes so we thought we'd shoot a few photos and post them on the blog. We shot these in February during a cold spell but the photos still feel warm. And, the sky looks amazing over the Atlantic at dusk. While Wrightsville Dunes' amenities at are considerable, the real value lies in the stunning views and the location on Wrightsville Beach, which is the most beautiful beach town in the mid-Atlantic. And "that's a scientific fact" to quote the great Ron Burgundy.

Wrightsville Dunes is a beachfront condo community in Wrightsville Beach, NC.Aerial of Wrightsville Dunes, Wrightsville Beach, NC from Bing Maps.The Wrightsville Dunes pool sits oceanfront for gorgeous views of the Atlantic.Some incredible colors at dusk.
Posted in General Articles
Feb. 18, 2014

Wrightsville Beach Snow Days

Wrightsville Beach residents are very lucky to be far enough in the “South” to avoid harsh winters and enjoy the beach practically year round. However, being a Southerner does not fully exclude us (or even Floridians for that matter) from monster storms like winter storm Leon who dumped snow in rare fashion all along the southeastern coast. The last few days of January brought 6-8 inches of record snow and ice to the Wrightsville Beach paralyzing all driving for 3 days and inspiring many winter hurricane parties with businesses and schools closed. The winter wonderland was beautiful and worth remembering but I am definitely dreaming of an early spring and more real estate deals while wearing flip flops.

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Posted in General Articles
Dec. 10, 2013

Video Improves Home Sales

Using Video to Improve Home Sales

Selling your home in this market can be a challenge, so it is extremely important to use the right technology when listing and marketing your home.  Our team not only uses a professional photographer, but we also hire a videographer to capture your home and land in high definition.  Using video instead of a virtual tour with photos gives buyers a "walk through" prospective of your home.  After watching on these videos, buyers can draw your floor plan and have a great sense of space and where rooms are in relation to others.  In the past we have been able to sell some listings to buyers, site unseen, since they were able to get a good enough feel of the property by watching the videos.  

With the market still over inundated with properties, it is crucial to have your listing stand out within a few seconds when a potential buyer views it online.  If they don't like what they see at first glance, they are off to the next home on the website.  Most of the time, the clients we represent on the buyer side of transactions come to us with a list of everything they want to see before we even know what they are looking for.  This is why the use of photos, videos, and the overall internet presence is extremely important and why we invest money up front on all of our listings.

Posted in General Articles