Located along the beautiful coastline of Wilmington, North Carolina, Landfall is a community that truly has it all. From gated-access luxury homes and championship golf courses to social fundraising events and country club enjoyment, Landfall is the premier residential community on the East Coast. Discover the Landfall experience and join the legacy with Landfall Realty today!
Archive for the ‘FOR PROPERTY OWNERS’ Category
All of us at Landfall Realty wish everyone in Landfall and elsewhere a very happy, healthy and prosperous 2013. We at Landfall Realty have been blessed with a recovering real estate market in 2012, with sales up and interest increasing. Even better, we see no reason that 2013 will not be even better! We already have our first sale of the year.
Many thanks to those Landfall residents who have utilized our services over the many years during which we have been fortunate enough to provide specialized sales and marketing expertise to Landfall. And thanks to all those residents who recognize that we are a great source of information about Landfall, even if one is not involved in a purchase or a sale. As we continue to participate in many Landfall functions throughout the year, we look forward to continued interaction with our friends and neighbors.
If you haven’t visited our new offices by the Drysdale gate, stop in, We always enjoy a quick visit from our friends.
In the most recent issue of Sporting News, Beth Ann Baldrey, their senior reporter who covers women’s golf, gave her top 10 list of memories from the NCAA women’s championships over the past decade. Number 1 on that list was the tournament two years ago held at Landfall! She noted positively the Dye course, where the championship was held, and indicated that the support from the community (Landfall and Wilmington) was exceptional and made for a great playing environment.
She ended by saying she really hopes the tournament returns, as soon as possible. Congratulations to all who made the event so memorable, volunteers and spectators alike. We can all hope for a return engagement.
Landfall Realty is pleased to let our followers know that Landfall Realty has a new agent in training, Amy Neathery. Amy and her husband, who works at PPD, are Landfall residents. With real estate activity being high all this year, the time was right to bring in a fresh younger person to complement our very experienced staff, to ensure that our customers get the attention needed at all times. Amy is now learning all we can teach her about Landfall (and there is a great deal to grasp); we will let you know when she transitions to full active duty. Please come by and meet Amy; we are sure you will agree she is a great addition.
Landfall Realty has seen record numbers of sales for the January/February period, with 18 transactions closed or pending. This exceeds the 2005 totals! With sales traffic still healthy, and the traditional sales season just beginning, confidence is growing that 2012 will be a far better year than 2011, which was itself a far better year than 2010.
We also are pleased to see some new spec homes being built in Landfall. LFR has already listed two new homes that have sold, and we are working with builders on several more about to be put under construction. We have also paired several home site buyers with builders, evidence that the custom home construction business is also improving.
It has been a long time coming, but better times are finally here. As a completed and essentially debt free community, we have long known that Landfall is perfectly positioned for a rebounding market. Buyers are now confirming that belief.
A recent study from Chapel Hill examined the 25 largest cities in North Carolina to determine which community gave its tax payers the best value for the monies paid to their town in taxes, utilities and service fees. Wilmington, NC was determined to be the best value of any city in the State. This is likely one of the many reasons that Landfall, in Wilmington, remains one of the most desirable retirement destinations in the Carolina’s, and has been for more than 20 years.
From all the Landfall Realty team, a Happy New Year to all our friends and clients. 2011 was a great year for Landfall Realty, highlighted by our move to much improved office facilities adjacent to the Drysdale gate. Despite the general housing malaise nationally, 2011 was a healthy year for the company, and we owe that to the support of Landfall residents and our many clients, in Landfall and throughout the country. We anticiapte that even more people in 2012 will discover why Landfall is the perfect place to live!
Ken Kirkman, Landfall Realty’s general manager, (and a real estate attorney and developer as well) hosted the company’s mid year real estate forum on Wednesday night, July 7, at Country Club of Landfall. As has been the case in the past, a good number of Landfall residents turned out to hear Kirkman comment on national real estate trends, review what has gone on in the Landfall market for the past six months, predict what the next months and years will likely bring, and make suggestions to those considering selling or buying property. As always, the session ended with questions from the audience being addressed.
Future posts will follow with additional comments, but one question posed by an attendee was how important Country Club of Landfall is to the Landfall real estate market. Kirkman indicated that having a high quality club, debt free, in good condition is critical to Landfall’s short and long term value. While perhaps only 25% of residents play golf regularly, others use the sports and dining facilities. Of equal importance, the vast open, green spaces created by a quality golf course add value to all properties, and enhance the ability to resell. Kirkman noted that in another development a poll of purchasers revealed that about 65% of the buyers would not have purchased had a golf course not been planned, while only 25%of them intended to play golf. Clearly, the health of the real estate market and Country Club of Landfall are inexorably linked.
Continuing my summary recap of Landfall Realty’s recent Real Estate Forum held at Landfall Country Club, I called attention to some of the points made by Bob Seelert in his book “Start With the Answer.” Loosely stated, some of those points are:
1) Get the truth on the table, don’t pretend.
2) Establish standards and expectations based on a new reality.
3) Think long term; act short term.
4) Communicate with members of your own team.
5) Listen to and learn from your customers and peers.
These points are, I believe, valuable in running any business. However, they have particular validity in establishing a relationship between a real estate agent and a real estate customer. In my next blog, I will expand upon these point in the context of selling and buying property in Landfall, NC.
Kenneth M. Kirkman, general manager, Landfall Realty
We at Landfall Realty are excited about the creation of the Homebuyer Tax Credit enacted into law earlier this month. The fact that the bill has been expanded to include other than first home purchasers is a huge bonus and may present a real opportunity for qualified purchasers! Now, existing homeowners are eligible for a $6,500 tax CREDIT upon purchase of a qualifying home if they have occupied their current home for 5 of the previous 8 years, and if their combined income is less than $225,000. This credit is available in the year of closing (2009 or 2010). The qualifying purchase contract must be executed prior to April 30, 2010, and go to closing prior to July 1, 2010. The maximum purchase price for the new home purchased is $800,000 with no exceptions. For more information and a summary chart of the new tax credit (and the extented first home buyer credit as well) please contact Landfall Realty at 910-256-6111. Remember, a tax credit is far more valuable than a deduction, as it offsets tax dollars owed on a dollar for dollar basis.