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Old 04-01-2020, 11:48 AM
LLN
 
Location: Upstairs closet
5,245 posts, read 10,033,679 times
Reputation: 7121

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Quote:
Originally Posted by DigPlantWeed View Post
We were in Brunswick County March 12-15 looking at houses in Leland. My husband had reservations about traveling, but we figured we'd be going in our own car and not going to a tourist town. It was while we were there that we first saw stores emptied of TP and Clorox wipes. On the 14th, we drove through Wrightsville Beach without getting out of the car and were shocked to see so many people packed together into beach bars. On the 15th, we said "let's get home."

Needless to say, we have suspended our home search for another time. And we wonder what will happen to home values both in our target area (Leland) and in our home area in MD.

In New Bern, within 18 months of Hurricane Florence (twas bad here) houses appear to be selling like hot cakes. Three have sold within a block of us in the last month or so. And our neighborhood is on the lower side of average. It’s OK but it’s not the best.

The attraction of low taxes and proximity to the beach is hard to resist. Over mid to long term prices will be fine.
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Old 04-01-2020, 12:09 PM
 
Location: Danville, VA
6,789 posts, read 5,663,693 times
Reputation: 4456
MCAS Cherry Point confirmed it's 1st case.

https://www.wnct.com/local-news/mcas...covid-19-test/

Greene County has 4 cases.

https://www.wnct.com/local-news/4th-...greene-county/

And Martin County has amended it's State of Emergency.

https://www.wnct.com/community/healt...martin-county/
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Old 04-01-2020, 02:27 PM
 
Location: Danville, VA
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Duplin County confirmed it's 2nd...

https://www.wnct.com/local-news/seco...duplin-county/

...and Carteret County confirmed 2 more, bumping the total to 14. 9 of those recovered.

https://www.wnct.com/local-news/2-ad...rteret-county/
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Old 04-01-2020, 04:05 PM
 
980 posts, read 555,727 times
Reputation: 2704
Quote:
Originally Posted by LLN View Post
In New Bern, within 18 months of Hurricane Florence (twas bad here) houses appear to be selling like hot cakes. Three have sold within a block of us in the last month or so. And our neighborhood is on the lower side of average. It’s OK but it’s not the best.

The attraction of low taxes and proximity to the beach is hard to resist. Over mid to long term prices will be fine.
I think sales will grind to a halt for the next couple months with the stay-at-home orders. No one will be out shopping for a house. I hope the market bounces back but a recession is looming, a lot of unemployment will make it hard for sellers and buyers.

Brunswick County has 22 cases of Covid-19.
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Old 04-02-2020, 05:18 AM
 
Location: Danville, VA
6,789 posts, read 5,663,693 times
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Wilson County reports 16th COVID-19 case; 7 patients have recovered | The Wilson Times

Nash charts 11th coronavirus case | The Enterprise

...and Johnston County is up to 22.

https://jocoreport.com/johnston-coun...ovid-19-cases/
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Old 04-02-2020, 06:45 AM
 
2,797 posts, read 4,256,054 times
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Quote:
Originally Posted by CLfan1977 View Post
I think sales will grind to a halt for the next couple months with the stay-at-home orders. No one will be out shopping for a house. I hope the market bounces back but a recession is looming, a lot of unemployment will make it hard for sellers and buyers.

Brunswick County has 22 cases of Covid-19.
Prediction is that a lot of baby boomers will just retire.

May not be as bad as some think.
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Old 04-02-2020, 06:49 AM
 
2,797 posts, read 4,256,054 times
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New Hanover at 39...article notes the new Brunswick cases...

https://www.starnewsonline.com/news/...ses-jump-to-39
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Old 04-02-2020, 11:35 AM
 
2,064 posts, read 1,336,774 times
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Quote:
Originally Posted by HP91 View Post
Prediction is that a lot of baby boomers will just retire.
After 30% of their retirement funds just vaporized?
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Old 04-02-2020, 12:41 PM
 
Location: Danville, VA
6,789 posts, read 5,663,693 times
Reputation: 4456
Pitt County is up to 31 cases and a Vidant Health employee has tested positive.

https://www.wnct.com/community/healt...s-of-covid-19/

https://www.wnct.com/local-news/offi...-for-covid-19/
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Old 04-03-2020, 05:02 AM
 
Location: SW Corner of CT
2,324 posts, read 2,407,559 times
Reputation: 3005
Quote:
Originally Posted by HP91 View Post
Prediction is that a lot of baby boomers will just retire.

May not be as bad as some think.
Quote:
Originally Posted by Edward Teach View Post
After 30% of their retirement funds just vaporized?
I wonder if this will drive Real estate prices down ?. We are looking to retire in a few years, and may buy early. Thank god we have not tied our investments into our retirement budget, just going on Social Security and Pension.
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