Category: Market Update
Keith & Drew’s Corner – September 2020
August was another incredible month for The Keith Beatty Team and our area’s real estate industry as a whole. When it comes to the market right now, the two words that stick out most to us are ‘Luxury’ and ‘Migration.’ Records are breaking all over the place in the luxury market, especially in Wilmington and... Read More
Keith & Drew’s Corner – August 2020
Sweet summertime is in full swing here on the coast! The days are longer, the weather is hot and the real estate market is even hotter! We are still experiencing limited inventory and many great homes continue to sell in a few days with multiple offers! Last month our team closed 69 properties for around... Read More
Keith & Drew’s Corner — April 2020
These are unprecedented times for everyone and a reminder how quickly things can change. We want to first share our thoughts and prayers for those of you being affected by this virus whether it’s through financial or personal loss. We want to ‘Thank’ all our first responders and their families as they work tirelessly and... Read More
Keith and Drew’s Corner — March 2020
March is a month filled with luck and we are reminded just how LUCKY we are to live in a beautiful place like Wilmington, NC! Longer days and warmer temps are HERE!! As for the Real Estate market, we have not seen much of a winter slow down this year and there doesn’t seem to... Read More
Keith and Drew’s Corner – February 2020
2.2, 3.4 and 3.7 months. These numbers reflect the total absorption rates for New Hanover, Pender and Brunswick Counties respectively in the 4th Quarter of 2019. What is an absorption rate? It is the calculation of available homes to the number of sold homes in a 12-month period. That rate reflects, by months, the home... Read More
