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Business

  • BCAR: steady sales, tight inventory point to competitive seller’s market

    Brunswick County is seeing an increasingly competitive residential real estate market as the end of summer approaches, according to the latest data released by the Brunswick County Association of Realtors.

    Sales in July 2018 outpaced last year, while the number of active listings and the absorption rate are at their lowest points since 2005. The absorption rate measures how long it would take to sell the existing inventory at the current rate of sales.

  • Analysis shows home sales in Brunswick, New Hanover counties buck national trends

    The southeast North Carolina housing market continues to perform well, with July sales up 13.8 percent over a year ago in Brunswick, New Hanover, Pender and Onslow counties combined, while prices rose 7.3 percent, according to Coldwell Banker Sea Coast Advantage.

    More than 1,610 homes were sold in these four counties last month with a median sales price of $219,900. These homes stayed on the market for an average of 71 days, down 15.5 percent from a year ago.

  • Brunswick County Healthcare Job Fair planned for Sept. 11

    Brunswick NCWorks Career Center has announced its inaugural Healthcare Job Fair from 11 a.m. to 2 p.m. Tuesday, Sept. 11, at Brunswick Community College’s Virginia Williamson Event Center in Odell Williamson Auditorium.

    This event features employers-only from the health-care industry offering current and future positions. It is geared to connecting local health-care employers to health-care job seekers and connecting individuals with available area educational opportunities.

  • Chamber opens Women of Impact nominations

    The Women in Business Committee of the Brunswick County Chamber of Commerce announced its Women of Impact awards nominations are open. The awards will be presented at its annual luncheon Monday, Nov. 5, from noon to 2 p.m. at The View at Brick Landing, 1882 Goose Creek Road in Ocean Isle Beach.

  • EmergeOrtho office breaks ground in Leland

    LELAND — EmergeOrtho broke ground July 26 on its second Brunswick County medical office along U.S. 17.

    The former OrthoWilmington opened a 15,000-square-foot Shallotte-based medical office for orthopedic and spine treatment, pain management and an AccessOrtho walk-in medical service in 2017.

    The Shallotte practice merged Supply and Sunset Beach offices in a building with more than 20 exam rooms and 1,700 square feet of physical therapy space.

  • SBA accepts 2019 National Small Business Week award nominations

    The U.S. Small Business Administration is accepting nominations for its 2019 National Small Business Week Awards, including the annual Small Business Person of the Year.

    Since 1963, National Small Business Week has recognized the outstanding achievements of America’s small businesses for their contributions to their local communities and to the nation’s economy.

    SBA Awards given in celebration of National Small Business Week on May 5-11, 2019 include

  • County’s unemployment rate dips below 5 percent for April and May 2018

    Brunswick County’s unemployment rate fell to 4.7 percent in April then dipped again to 4.6 percent in May completing a full point drop from 5.6 percent in March.

    A year-to-year comparison showed Brunswick County’s unemployment rate hit 4.9 percent in April 2017 and rose to 5.1 percent in May 2017.

    The unemployment numbers for Brunswick County peaked at 6.9 percent in January, dropped to 6.4 percent for February and fell below 6 percent for the first time since November 2017 in March.

  • Coldwell Banker Sea Coast Advantage analyzes June median home sale prices

    Oak Island was the most affordable and active of eight popular Cape Fear beach communities with 70 homes sold in June at a median price of $267,500, up 22.8 percent and 11.7 percent, respectively, over June 2017, according to a monthly analysis of North Carolina Regional MLS data by Coldwell Banker Sea Coast Advantage, which looked at closed residential sales volume in Brunswick, New Hanover, Pender and Onslow counties year-over-year from June 2017 through June 2018.

  • BCAR: Quarterly home sales volume highest total in more than a decade

    Brunswick County’s residential real estate market demonstrated continued strength through the second quarter of 2018, according to the latest statistics released by the Brunswick County Association of Realtors.

    “Brunswick County’s residential real estate market continues to be a healthy one as we move into the second half of 2018,” BCAR CEO Cynthia Walsh said in a news release. “Total sales volume in the second quarter topped $400 million, an 18.5 percent jump over last year. This is our highest quarterly total in over a decade!.”

  • ATMC moving to complete expansion in Oak Island

    ATMC has completed more than half of its Oak Island FOCUS fiber optic expansion project. Fiber optic service is available from NW/SW 1st Street through NW/SW 30th Street, and from NE/SE 1st Street through NE/SE 50th Street. Residents and businesses in these areas now have access to fiber optic delivered high speed Internet with available speeds of up to 1 Gigabit as well as digital cable TV, home telephone and security with smart home solutions and automation services from ATMC.