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Posts Tagged ‘sales’

Landfall Homesite Interest on the Rise

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P1030455As sales traffic improves, the brokers at Landfall Realty have noticed a bit of a shift in what prospects are  interested in viewing.   Until recently, there had been minimal movement during the past year in Landfall’s homesite inventory, but it appears interest in homesites is increasing.  While only 10 Landfall homesites have closed year-to-date ,  in recent weeks three more homesites have gone under contract, and two of Landfall Realty’s agents are  negotiating what may well be additional homesite sales.  Landfall homesite prices currently range from $156,800 to $2,498,000 with attributes ranging from quaint, interior, wooded sites to lush, expansive golf frontage to massive waterfront properties…something for everyone!   We at Landfall Realty believe this renewed interest in homesites is based in part on the fact that there has been some reduction in the price of such sites, which, combined with decreased prices charged by home builders, has made building price competitive with the purchase of an existing home.  Please visit our website for more details. www.landfallrealty.com

Custom Building Becomes Plan A

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1942 London Lane MLS2 CFRDA Raleigh prospect recently visited Landfall wanting to make Wilmington, NC his home.  Landfall Realty Broker, Martie Davy, showed her client many waterfront homes within the community before determining none offered the possibilities of building a custom home on an absolutely spectatular .88 acre  homesite listed for sale by Landfall Realty.  Located on the Pete Dye Course, this lot overlooks Pete Dye Lake and has views of 4 golf holes – #18, #17, #2 and #1.    Our new Landfall real estate owner plans to begin building right away, will soon join  Country Club of Landfall and now calls Landfall, Wilmington’s premier community,  “Home”.

Foreclosure Rumors

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We at Landfall Realty have received numerous calls regarding the “”32 foreclosed properties” in Landfall.  We have carefully checked the public records, and have found only about half a dozen recent foreclosure proceedings involving Landfall real estate, a very small number considering the 2000 or so properties within Landfall NC.  As always, rumors seem to appear from nowhere, and can be taken over time as fact.  Landfall Realty tries to stay on top of our market condtions, and we are happy to discuss any rumor you hear.  Give us a call.