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Business

  • BCAR real estate data reveal impacts of Hurricane Florence

    Brunswick County’s residential real estate market is seeing the short-term impact of Hurricane Florence, according to the latest statistics released by the Brunswick County Association of Realtors.

    New listings and total sales in September were down compared with last year. The average sale price fell slightly, while the absorption rate, which measures how long it would take to sell the existing inventory at the current rate of sales, held steady at four months.

  • Renters may be eligible for federal hurricane assistance

    North Carolina renters who had uninsured or underinsured losses because of Hurricane Florence, including those in Brunswick County, may be eligible for disaster recovery assistance from the Federal Emergency Management Agency and the U.S. Small Business Administration.

    The deadline to apply is Nov. 13.

    Renters may be eligible for grants from FEMA to help with disaster-related expenses, such as:

    • Renting a home when the renter’s previous one is unsafe to live in due to the disaster or the apartment complex is under repair.

  • NCDA&CS announces floodplain swine buyout program’s fifth phase

    The N.C. Department of Agriculture and Consumer Services has partnered with the USDA’s Natural Resources Conservation Service to continue its program to purchase permanent conservation easements on swine operations within the 100-year floodplain.

    This will be the fifth time the state has offered this program that began in 2000 following flooding from Hurricane Floyd. The program offers an opportunity for swine production operations with a high risk of flooding to convert to other forms of agriculture more compatible with floodplain locations.

  • Three chambers to collaborate on Building Brunsco Kids Expo

    The Brunswick County Chamber of Commerce, North Brunswick Chamber of Commerce and the Southport-Oak Island Area Chamber of Commerce have announced a tri-chamber collaboration of the Building Brunsco Kids Expo. The Brunswick County Chamber piloted the Building Brunsco Kids Expo on Aug. 25 this year after eight months of planning and preparation.

  • NCDA&CS offers soil management guidance following Hurricane Florence

    Hurricane Florence inundated southeastern North Carolina with record rainfall and left many fields saturated and flooded for days, while fields in other areas of the state received only a few inches of rain. Although storms like this have complex effects across the landscape, two general effects are most important to consider: 1) soil disturbance, including erosion loss plus accumulation of soil and debris, and 2) soil nutrient losses.

  • Market bounces back after brief downturn following Florence

    Brunswick County’s residential real estate market is back on track after being impacted by Hurricane Florence, according to the latest data released by the Brunswick County Association of Realtors.

    After seeing sharp one-month declines in September, total sales volume and average sale prices both came back strong in October, exceeding last year’s marks. The inventory of available homes also remains tight, with the number of active listings at its lowest point this year.

  • ‘Transformational Projects in the South Brunswick Islands’ panel set for Nov. 8

    The South Brunswick Business Development Committee, a 501(c)(3) operating under the umbrella of the Brunswick County Chamber of Commerce, will host the second in an ongoing series of breakfast meetings branded as the ‘”BrunscoBiz Breakfast Series” at 8 a.m. Thursday, Nov. 8, at Brunswick Electric Membership Corp. in Supply. The panel will showcase some of the progressive, innovative and transformative projects either under way or in the planning stages in the South Brunswick Islands communities.

  • State reaches $3.6M settlement with Uber

    North Carolina reached an agreement with the ride-sharing company Uber Technologies Inc. (Uber) to address the company’s one-year delay in reporting a data breach to its affected drivers.

  • FDA warns flooded crops cannot be used for human food

    Farmers whose crops were flooded by Hurricane Florence face not only the prospect of lower yields and loss of quality, but also the reality that those crops cannot be used for human food. Crops and commodities exposed to floodwaters are considered adulterated by the U.S. Food and Drug Administration and cannot enter human food channels. They also cannot be used for animal feed unless they pass a testing protocol.

  • BCAR: county real estate market exceeds expectations through September

    Brunswick County’s residential real estate market continued to demonstrate strength approaching the end of summer, according to the latest statistics released by the Brunswick County Association of Realtors.

    The number of new listings in August 2018 was up 20 percent compared with August 2017, while total sales volume dropped by 5.5 percent. The average sale price increased slightly, up almost 4 percent over last year.