Area Events: Carolina Beach / Kure Beach for December

Check out the area events for Carolina & Kure Beach for the month of December!

Gala Christmas Show at Beau Rivage – Tonight, one-man band Dave Bohn will be playing at Beau Rivage in Peanut’s Pub. Mr. Bohn is a regular at Peanut’s Pub, playing the third Friday of every month. This month, however, he will be performing a Gala Christmas Show. Peanut’s Pub will be offering $2 drafts and, as always, some Holiday food and other drink specials. The show is from 6:30-10:30 p.m. Also, don’t forget that Beau Rivage is running specials on their villa rentals. For more information, please call (910) 392-9021 or visit www.beaurivagegolf.com

The Last Resort to Host the Last Performance of The Notorious Gringos – On Sunday, December 20th starting at 5 p.m., The Last Resort will have the last performance of the Carolina Beach Band “The Notorious Gringos”. The Gringos are a local group, led by Jeff King. Jeff and his wife are relocating to Kansas City and The Last Resort is having a grand send off/going away party. There will be a free pig pick’n and a three hour performance by the band. All Chamber members are invited to come join in the fun. www.carolinabeachbar.com

Island Colors to Host Third Annual Secret Santa Sale – For those who waited until the last minute to buy Christmas presents or if you’re looking for a bargain, Island Colors is having a Secret Santa Sale on Christmas Eve Day. The store will have special hours from 10 a.m. until 5 p.m. There will be graduated sales based on the total purchase price as well as select items for sale. Island Colors will also be giving away a stocking stuffer from one of their vendors for everybody who makes a purchase of $15 or more. Light refreshments will be available throughout the day.

After New Year’s Eve Party at Olde Salty – On January 2, 2010 from 7:30-11:00 p.m., head out to Olde Salty on the Boardwalk for an after New Year’s Eve Party featuring music from Chuck Alford. Chuck will be performing all of your favorite oldies, beach music, soul and country tunes. There is no cover charge and free hors d’oeuvres. Join Brenda at Olde Salty for an evening of fun, good food, cold drinks and music and dancing. (910) 458-8090

Havana’s Holiday Hours – Havana’s, located at 1 North Lake Park Boulevard in Carolina Beach, will be closed starting Monday through Christmas. They will reopen again on December 26th . Havana’s will also be closing for the month of January starting January 4th . For New Year’s, they will be offering a New Year’s Brunch. More details will follow in the next PSA.

TONIGHT AND SATURDAY:    This is the last weekend for the activities at Christmas by the Sea.  Tonight, at the Gazebo, don’t miss singing by the Kure Memorial Youth, Carolina First Baptist Church and Kure Beach First Baptist Church.  The Live Nativity will also be open.  On Saturday don’t miss the Cape Fear Roller Girls and a huge finale with Roxanne Hubbard.

Real Estate and Weather – There were 15 new listings last week, 9 under contract and 6 closed sales.  We’re having chilly weather in the forties and fifties through next week. It will be cloudy over the weekend and then some sunshine peeking through on Sunday and more at the beginning of the week.

Help Center – Don’t forget to make holiday food donations for the pantry at the Help Center for those in need during the Christmas season.


Intracoastal Realty Agents Receive Awards

A select number of Intracoastal Realty agents have been announced to accept annual awards from The Wilmington Regional Association of REALTORS® at the 4th quarter meeting and holiday luncheon. The Intracoastal agents are as follows:

  • Cathy Clark Memorial Award — Ashley Garner
  • Paul Sullins’ Community Service Award — Melisa Gallison
  • Sally Noffsinger Scholarship Award — Carla D. Lewis
Intracoastal Realty Agents accept awards from Wilmington Regional Association of Realtors

BusinessWeek — “If You Don’t Buy a House Now, You’re Stupid or Broke”

Marc Roth’s article in BusinessWeek “If You Don’t Buy a House Now, You’re Stupid or Broke” has an eye-opening title, but it contains some very relevant information.  As he describes in depth, interest rates are indeed at historic low levels, making this the chance of a lifetime to buy real estate.

Did you know that every quarter-point change in interest rates is the equivalent of approximately $6,000 for every $100,000 borrowed over the life of a 30-year loan?  Cyclical trends suggest that when lower interest rates begin to rise, they rise quickly.  So, to further his point, let’s say interest rates climb from their current level of approximately 5% to 7% (they were close to 10% at the beginning of the decade).  A $300,000 loan will cost you just under an additional $150,000 in loan costs over the lifetime.

If you have a steady job and good credit, plus throw in the new $6500 or $8000 tax credit incentives, this truly may be the gift of a lifetime.  Click here to read the full story.

Interest Rate History Graph

2009-12-1207_chart