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Archive for May, 2009

Vietnam veterans advocate Sampley dies after surgery

Thursday, May 14th, 2009

KINSTON | Ted Sampley, a Vietnam War veteran who previously lived in Wilmington and led efforts for years to find out what happened to missing troops and prisoners of war, has died.

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Some NC homeowners upset with builder’s sale plans

Thursday, May 14th, 2009

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HILLSBOROUGH, N.C. — Some North Carolina homeowners are upset with a builder’s plan to try to deal with the downturn in the housing market.

The News & Observer of Raleigh reported Thursday that KB Homes has been advertising homes in a Hillsborough neighborhood for about $150,000.

That upsets people in Kenion Grove who bought some of the first homes in the neighborhood three years ago for more than $300,000.

The more than 20 residents in the subdivision put up “For Sale By Owner” signs in their yards earlier this month to protest the lower prices for newer homes. Albert Mealer says he and other homeowners are trying to protect the value of their homes.

KB spokeswoman Cara Kane says her company is trying to respond to the market, offering something people can afford.

(Copyright 2009 by The Associated Press. All Rights Reserved.)

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Some North Carolina homeowners are upset with a builder’s plan to try to deal with the downturn in the housing market.

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Associated poll

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Marino on Money: May 14

Thursday, May 14th, 2009

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We hear all the time about how now is good time to buy real estate. For many of us this is true, but for others, careful preparation is needed. Here’s financial planner Ross Marino.

This week’s question was about buying a new home. Be sure to consider whether you might stay in the home for at least a few years. Buying a home, then trying to resell within a couple of years could be expensive. If you’re a renter, don’t assume you can afford a home even if your current rent is the same as a mortgage payment. There are many more expenses in home ownership, than renting.

There are tax benefits for some people and building equity is great. Paying off a home, or even leaving it as an inheritance, is also great. Is now the time to *buy real estate? Your guess is as good as mine. But rates are at historic lows, and prices in many areas are well below levels from a few years ago.

The Housing Affordability Index, from the National Association of Realtors, was at an all-time high. That means, according to this index, housing has never been more affordable since the index was created in 1971. If you need a home, and can afford it, this doesn’t sound like a bad time. Just in case you’re wondering, many banks and mortgage companies are still in business, and they’re loaning money. It’s true. If you don’t believe me, just call a local office in town and ask. They’ll be happy to take to your call.

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videoWe hear all the time about how now is good time to buy real estate. For many of us this is true, but for others, careful preparation is needed. Here’s financial planner Ross Marino.

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Associated poll

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Mother’s Day victim upgraded

Thursday, May 14th, 2009

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There is good news to report tonight on an elderly assault victim in Columbus County.

The 78-year-old Tabor City woman who was robbed, beaten and raped in her home on Mother’s Day is on the mend.

Doctors have moved her from intensive care to a regular room at the hospital.

Deputies have arrested Arthur Stanley of Nakina for attacking her.

He’s also accused of kidnapping the woman’s daughter and breaking into three other homes.

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There is good news to report tonight on an elderly assault victim in Columbus County.

The 78-year-old Tabor City woman who was robbed, beaten and raped in her home on Mother’s Day is on the mend.

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Associated poll

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Proposed Titan moratorium takes another hit in Raleigh

Thursday, May 14th, 2009

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The effort to put the brakes on a cement plant in Castle Hayne took another big hit in Raleigh Thursday.

As the Senate was about to vote on Julia Boseman’s proposed moratorium until September 2010 on permitting and building cement plants, Majority Leader Tony Rand removed it from the calendar and kicked it back to the Appropriations Committee. That means it would have to be tied into appropriations or budget discussions to be considered again and move onto the House.

Sources tell WWAY the chances of that happening are very slim.

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The effort to put the brakes on a cement plant in Castle Hayne took another big hit in Raleigh Thursday.

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Associated poll

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