I Always Thought NC Would be a Nice Place to Live
I always thought NC would be a nice place to live, if NJ became too expensive.
"CAROLINA BEACH -- A place at the beach. Those five little words have fueled a home-buying frenzy along North Carolina's coast as baby boomers look for a warm place to retire and others a safe place to put their money.
The demand is pushing sprawling villas and high-rise condos out of the sand at an unprecedented rate and sending property values soaring. Communities such as Carolina Beach, Wrightsville Beach and Topsail Island have seen some home values increase fivefold since 2001.
"Coastal North Carolina is seeing its greatest redevelopment in history," said Dave Spetrino, a developer in the Wilmington area."
"CAROLINA BEACH -- A place at the beach. Those five little words have fueled a home-buying frenzy along North Carolina's coast as baby boomers look for a warm place to retire and others a safe place to put their money.
The demand is pushing sprawling villas and high-rise condos out of the sand at an unprecedented rate and sending property values soaring. Communities such as Carolina Beach, Wrightsville Beach and Topsail Island have seen some home values increase fivefold since 2001.
"Coastal North Carolina is seeing its greatest redevelopment in history," said Dave Spetrino, a developer in the Wilmington area."
posted by Little_Silvered at 8:39 PM
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