Welcome to the Wilmington 2023 Mid-Year Report. The southeastern North Carolina housing market has continued to break records for the first two quarters of 2023. Record low inventory—coupled with robust population and income growth—have resulted in continued increases in sales price compared to the first half of 2022. This is the first time in history…
We are proud to present you with this synopsis of the national, regional, and localized trends that matter most to you, found here in our Wilmington_2022 Annual Report. MARKET OUTLOOK – NATIONAL LEVEL With our Nest Annual Report, we aim to provide the most useful information possible, as every homeowner needs to keep tabs on…
In the palm of your hands, or on the screen of your favorite device, you may be holding one of our Nest Realty Real Estate Market Reports. We pour over mounds of data, both nationally and locally to bring you, our clients, the most useful information. But what do these numbers actually represent and how…
Welcome to the Wilmington 2022 Mid-Year Report. The southeastern North Carolina housing market continues to break records in the first half of 2022. Historically low inventory—coupled with robust population growth—has resulted in continued increases in sales price compared to the first half of 2021. Many listed homes are receiving multiple offers, especially ones under $500k,…
Welcome to the Wilmington 2021 Annual Report. At the start of each year, we do our best to prepare our agents for what may lie in front of us. We engulf ourselves in the sales charts, devour the data, look back at goals set, and check in on how our predictions for the past year…
It’s no secret that at Nest Realty, we dig data. So much that we’ve pored through market and real estate numbers for the year thus far to pull out and share bite-sized data points with you. In this 2021 Wilmington Mid-Year Market Report, we present a snapshot of current conditions. We focus on local insights…
2020 was a year unlike any other. Though the year was filled with unprecedented tragedy, trials, and tribulations, there were moments of joy worth celebrating—new babies were born, a record number of dogs were adopted, and many experienced the undeniable joy of purchasing a new home. With a sense of gratitude and optimism, we offer…
When Will the Housing Crisis End? Mike Simonsen, with Altos Research, joined us for the second time on Nest’s podcast, Sweat the Details, to discuss the housing crisis, the state of the market, interest rates, and data points that may signal the market cool down. We even touch on a housing policy that may address…
How’s the market? At the end of June (“halftime,” as we call it around the offices), we pour through the sales data, look back at our goals, and check how we’ve made our predictions for the first half of the year. As we launch into the second half of the year, we know that we…
We are now through the first quarter of 2020, and we are excited to release our 2020 Wilmington Q1 Market Report. Understanding what’s going on in the market, especially during these uncertain times, allows us to equip our clients to make confident, informed decisions. QUICK TAKEAWAYS As of Q1 2020, the market has continued the trend…