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Mark Saunders Developer Ocean Ridge

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June 6, 2011 By coastal

Fortune Magazine cover story: It’s time to buy real estate

“Forget stocks. Don’t bet on gold. After four years of plunging home prices, the most attractive asset class in America is housing.”

A recent issue of Fortune Magazine featured an article on the real estate market that we thought was very interesting. The article pointed out a few observations to describe their assessment. Two important trends mentioned in the article were:

1 – The steady decline in prices which has been going on nationally since 2005 has finally hit the level where it costs less to own a house than to rent in many cities.
2 – Home builders have held back on building new homes for several years, creating the conditions for a shortage of new homes when demand goes up just a little bit.

If you would like to read the article, click here.

Now is a great time to buy real estate!

Filed Under: Brunswick County News Tagged With: Area News, Brunswick County, Real Estate Update

Southeastern North Carolina

Southeastern North Carolina

All of our coastal communities are conveniently located between Myrtle Beach, SC and historic Wilmington, NC in beautiful Brunswick County, NC. Nearby each community is a pristine island and the only beaches on the entire east coast that are south facing which allows for breathtaking panoramic views of beautiful sunrises and sunsets over the same horizon.

Award-Winning Communities

Our communities have annually been honored with placement and praise in nationally recognized publications. Here are three examples:

  • Ocean Ridge: Listed in the "Top Places To Retire" from Where To Retire Magazine.
  • Seawatch: Model home & community chosen by Coastal Living Magazine for the 2009 Coastal Living Idea House".
  • Rivers Edge: Golf course listed #12 in "Places to Play" from Golf Magazine.

Seeing is Believing

When you call or send us an email ask about our 3 days & 2 nights visitation packages. We'll help get you here at a discount so you can spend time in our communities and in coastal Carolina.

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No Federal agency has judged the merits or value, if any, of this property. Not a valid offering in any state where registration is required but not yet complete. THIS OFFERING IS NOT MADE IN THE STATE OF NEW YORK NOR MADE TO RESIDENTS OR ANY PERSONS OR ENTITY IN THE STATE OF NEW YORK. All provisions of the master plan are subject to change, revision or deletion by the Developer at its sole discretion, at any time, without notice. Conceptual community maps and all illustrations are artistic representations to be used for conceptual purposes only. Construction of amenities and other facilities are not guaranteed. The Coastal Companies © 2023. All Rights Reserved.