It's Trendwatch Thursday! Let's take a closer look into what's happening in Wilmington's real estate market!
Right now, the median home price in Wilmington is sitting at $450,000 with the average property spending about 61 days on the market. Here at Sold Buy the Sea Realty, …
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Purchasing Coastal Real Estate.
When supply is low and demand is high, economics 101 tells us that prices will rise. And that is what we are seeing in today's housing market. But that basic economics equation is causing some challenges when it comes to home appraisals.