wilmington nc real estate

http://www.wilmingtonluxuryhomes.com/ : Top real estate agents in Wilmington North Carolina offer homes for sale, specializing in Luxury Homes. Contact these realtors at 910-256-0162. To get the highest possible sales price for our luxury real estate clients by offering innovative marketing techniques, unparalleled market insight and aggressively representing their best interest.

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Get more information on realtors in wilmington NC at http://www.wilmingtonluxuryhomes.com/

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The Real Estate Bubble Is Bursting

The past five years have seen tremendous growth in the real estate market, and as a result many people believe that real estate is the safest investment you can make. Well, this is no longer true. Have caused a rapid increase in real estate prices in the real estate market to be at price levels unprecedented in history when inflation is taken into account! A growing number of people concerned about the real estate bubble means that there is less available real estate buyers. Fewer buyers mean that prices are coming down.

The first reason that the real estate bubble is bursting and rising interest rates. Under Alan Greenspan, interest rates were at historic lows from June 2003 to June 2004. Allowed for these low interest rates people to buy houses that were more expensive then what can normally afford but at the same monthly cost, creating essentially "free money". However, the time of low interest rates has ended, and that interest rates were rising and will continue to rise further. Should increase interest rates to fight inflation, partly due to high gasoline and food costs. High interest rates make owning a home more expensive, pushing the value of the bottom of the housing.

Guys check out my http://www.wilmingtonluxuryhomes.com/ for more details on homes for sale wilmington nc

Address :- 1630 Military Cutoff Road, Suite 110 Wilmington, NC 28403,USA

TEL : 910-256-0162

Local carpenters and craftsmen for home

Imagine living in a thriving cultural center, which has so much material available to you. In addition to the performing arts and film, Wilmington also has many music festivals throughout the year, which will be of interest to music lovers. There are also many museums that preserve the cultural heritage of Wilmington. Some of the Bellamy Mansion Museum, the Museum of Cape Fear, Fort Fisher Historic area and more. One of the most popular attractions is the Bellamy Mansion, originally built for the family of Dr. John D. Bellamy, a renowned physician and planter area during his time.

Bellamy Mansion is located in historic downtown Wilmington and was built in the mid-1800s. This impressive mansion, designed in the Greek Revival style has enormous twenty-two room built into it local carpenters and craftsmen (and freed slaves). This impressive building is one of the best examples of historic architecture Wilmington. It is noteworthy that it has survived many man-made and natural disasters throughout his many years of existence. This is a great showcase for the architectural and design history. This, along with many other interesting museums, some of the best moments of life in progressive Wilmington, North Carolina.
IF u need more information about wilmington homes for sale then visit on my website http://www.wilmingtonluxuryhomes.com/
Address:- 1630 Military Cutoff Road, Suite 110 , Wilmington, NC 28403 USA Ph:- 910-256-0162
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