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Archive for February, 2012

First $3 million+ house sold since 2010

Monday, February 27th, 2012

WILMINGTON, NC (NEWS RELEASE) — Intracoastal Realty reached a significant sales milestone this month, with the $3.15 million sale of 14 Southridge Road on Wrightsville Beach, NC. This is the first sale over $3 million in Brunswick, New Hanover, and Pender counties since October 2010 and the first $3 million-plus sale on Wrightsville Beach since September 2009, according to local MLS data.

The nearly 5,000 square foot home is one of Wrightsville Beach’s premier oceanfront estates, with fantastic views of the Atlantic Ocean and a host of luxurious amenities. Intracoastal Realty agents represented both the buyer and seller of the property. The sales team of Angie Pool & Associates marketed the property, and Susan Keck of Bobby Brandon’s team negotiated the sale on behalf of the buyer.

The last $3 million-plus home sold in the area was Intracoastal Realty’s Margaret Barclay’s Piper’s Neck Road listing on Figure Eight Island, which sold for $3,495,000 on October 25, 2010. The last sale above $3 Million on Wrightsville Beach was Intracoastal’s Mark Bodford’s Parmele Blvd listing, which sold for $3.2 Million on September 15, 2009.

“The recent uptick in the sale of high-end properties is a potential indicator for a recovering real estate market,” said Jim Wallace, CEO of Intracoastal Realty. “We’re encouraged by the resurgence and think it bodes well for a recovering market.”

According to the Wilmington MLS, five properties have sold for $1 million or more since January 2012. During the same period last year, only one property sold for over $1 million.

Intracoastal Realty is the area leader in selling luxury properties. In 2011, Wilmington MLS data showed that Intracoastal Realty sold 41 properties in excess of $1 million, while the second place company sold eight.

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Work on lines could shut off water in parts of downtown Tuesday

Monday, February 27th, 2012

WILMINGTON, NC (WWAY) — Some homes and businesses in downtown Wilmington could be without water tomorrow. CFPUA crews will repair a water main break.

If you live near Orange and 2nd Streets you may have little to no water. The repairs are scheduled for tomorrow between 9 a.m. and 5 p.m.

Some businesses say they may have to close if they lose water completely.

“If we didn’t have water, we couldn’t flush toilets, we couldn’t wash our hand, we couldn’t clean the facility. We’d close,” said Rick Wilson, Executive Director of the Children’s Museum of Wilmington.

All lanes of traffic will be detoured around the intersection of Orange and 2nd during construction. For safety reasons, if your water service is interrupted, CFPUA recommends boiling it before consuming.

Tomorrow night there could be a loss of water pressure or service along North 3rd Street. Crews will switch service to a new line between 6:30 p.m. and 6 a.m.

Customers in both areas affected by work on the water lines are encouraged to boil their water before using it.

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Jurors in NC can get psychological counseling

Monday, February 27th, 2012

CHARLOTTE, NC (AP) — People who serve on juries are sometimes exposed to graphic or traumatizing evidence, and now North Carolina wants to help them cope with that responsibility.

The Charlotte Observer reports the Administrative Office of the Courts has started a statewide pilot program to help jurors who experience emotional or psychological problems because of what they see in court.

Jurors in trials with evidence that might cause distress will be given a toll-free number to contact a licensed mental health professional. They can arrange for one assessment over the phone or in person. If jurors need a follow-up visit, they’ll be referred to local providers.

The cost for the pilot program is just under $14,000. The state kept costs down by including it in an existing employee assistance program.

(Copyright 2012 by The Associated Press. All Rights Reserved.)

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Meth lab busts reach record high in NC

Monday, February 27th, 2012

RALEIGH, N.C. (AP) – North Carolina law enforcement officials say an easier way to produce the drug methamphetamine has prompted a record number of meth lab busts across the state.

The News & Observer of Raleigh reports there were 344 meth lab busts in 2011, a 57 percent increase from 2006, when new laws were passed restricting the purchase of the drug’s key ingredient.

Attorney General Roy Cooper says the laws are effective in curbing large-scale meth operations. But a method where the drug can be mixed in two-liter soda bottles means the overall number of operations has grown.

With 34 recorded meth lab busts, Burke County had the most in North Carolina last year. Watauga County was second with 22 busts.

(Copyright 2012 by The Associated Press. All Rights Reserved.)

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Marine dies after training in California desert

Monday, February 27th, 2012

TWENTYNINE PALMS, Calif. (AP) – Officials say a Marine has collapsed and died after a day of training in the California desert in preparation for deployment to Afghanistan.

The Marine Corps announced Sunday that the Marine, part of the 2nd Marine Logistics Group based at Camp Lejeune, N.C., collapsed during personal time Saturday night at the Marine Corps Air Ground Combat Center in Twentynine Palms.

He was flown to Desert Regional Medical Center in Palm Springs, where he was pronounced dead.

The death is under investigation, and the Marine’s name is being withheld while relatives are notified.

The unit was undergoing the Enhanced Mojave Viper pre-deployment training program in preparation for going to Afghanistan.

The death comes three days after seven Marines were killed about 200 miles away when two helicopters collided during training.

(Copyright 2012 by The Associated Press. All Rights Reserved.)

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