All Categories

Good Monday Morning! "I'M MELTING! MELTING! OH, WHAT A WORLD, WHAT A WORLD..." Wicked Witch, Wizard of Oz 1939 And last week, you couldn't watch the financial news for longer than a few minutes without hearing about the "subprime meltdown", talking about a certain type of home loan experiencing heavy rates of default and foreclosure, and what the potential consequences might be on the US economy. Although subprime lending only represents a very small portion of home loans overall, the doom-an... Read Full Post

Las Vegas, Nevada: Coldwell Banker held their annual International Business Convention at Mandalay Bay in Las Vegas Nevada March 5th - 8th, 2006, with over 8000 agents attending from across the world. Keynote speaker was Anthony Robbins and special entertainment was provided by Wynonna Judd. The Top Coldwell Banker Agents from around the World received awards. In the Southeast Region, out of over 22,000 real estate agents/teams Buddy Blake and team of WIlmington, NC placed 6th in Gross Sales ... Read Full Post

Good Monday Morning! Another beautiful weekend in Wilmington, temps near 70 and sunny skies. Since the beginning of the year our real estate market is continuing to gain momentum. In February there were 404 properities that went under contract with an average price of $251,362 and the homes were on the market for an average of 82 days. As of today there are 2,304 homes on the market in Wilmington (in various prices ranges) so that means we have "around" 5.7 months of supply. When you look clo... Read Full Post

COMING THIS SUMMER If you're a Realtor and would like to join our GuaranteedSell.com network please visit www.guaranteedsell.com. We are beta testing the program in a few markets, please just let us know if you're intersted. Here's some of what you get: (1) Rights to use and be a part of our trademarked GuaranteedSell.com systems (2) Ready to print Jumbo Postcards, Homes Magazine Ads, Newspaper Ads and more (3) Streaming Web-O-Mercial that you can customize and use on your website (4) Sample ... Read Full Post

The Buddy Blake Team of Coldwell Banker Sea Coast Realty has just launched high quality streaming audio / video web-o-mercials for a number of their listings. Buddy has obtained a special rate for home sellers, builders and developers that he represents. These new-age web-o-mercials feature not only the homes but the overall area. Feel free to browse a few of the featured properties: 5217 Marina Club Drive, Tangle Oaks, Wilmington NC $639,000 1823 Verrazzano Drive, Landfall, Wilmington NC $1,... Read Full Post

Existing-home sales rise 3% in January Sales of existing homes rose in January by the largest amount in two years, raising hopes that the worst of the severe slump in housing may be coming to an end. Median home prices, however, fell for a sixth straight month. The National Association of Realtors reported this week that sales of previously owned homes rose by three percent last month, the biggest one-month increase since a 3.3 percent increase in January 2005. Sales of existing U.S. homes ro... Read Full Post

Good Monday Morning! It was a very nice weekend here in Wilmington. Felt a little like Spring with temps near 70 and some afternoon showers on Sunday afternoon. It's hard to believe February is almost over, this year is flying by. While I was on vacation last week our team put over 20 homes under contract. WOW! that's our single biggest contract week ever... As the market improves inventory levels are starting to be slim in some price ranges (ie $100k - $200k). We've been listing 6-8 homes pe... Read Full Post

February 21, 2007 Buddy Blake with Coldwell Banker Sea Coast Realty just passed the 3000 link pages mark on Google.com. While many realtors across the Country are just now entering the paid placement search engine game, Buddy and his team have been spending a tremendous amount of money and energy over the past several years to be "naturraly" ranked by Google.com, Yahoo.com and others. For several months Buddy's website (http://www.buddyblake.com) has been ranked on page one of Google.com, whi... Read Full Post

WASHINGTON, D.C. - Consumers are beginning to respond to more favorable housing market conditions, but new home construction will be dampened until inventories decline further, according to the latest forecast by the National Association of Realtors®. David Lereah, NAR’s chief economist, is looking for a steady rise in existing-home sales. “After reaching what appears to be the bottom in the fourth quarter of 2006, we expect existing-home sales to gradually rise all this year and well in... Read Full Post

Wilmington, NC - The top real estate performers in the area (source: Wilmington Regional Assoc of Relators MLS system) are posting their best numbers since 2005. Buddy Blake and team of Coldwell Banker Sea Coast Realty finish January with best numbers ever. Buddy's team CLOSED 31 properties in January 2007 compared to just 9 in January 2006. Buddy's team also put nearly 30 more properties under contract during January. CLICK HERE to view January 2007 Agent Rankings for the Wilmington area Read Full Post