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Katherine Farber

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About Katherine Farber

  • Birthday 05/31/1987

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  1. Oak Island: The Town boasts 65 public beach accesses on miles of sandy beaches, as well as fishing docks and piers, boat ramps and many other access points to the Intracoastal Waterway and the Davis Canal, making it the perfect location for fishing, boating, kayaking and other water activities. The Town also has a municipal golf course and eight parks, ranging from a fishing T at the west end of the island to a large park on the mainland complete with baseball and football fields. There is a skate park, a dog park, a cabana on the oceanfront with an observation deck and plenty of places to find a quiet spot to relax and enjoy the view. Area businesses, like piers and marinas, restaurants and ice cream shops, also help make vacationers feel welcome while catering to full-time residents. Now work is to begin on Oak Island’s new splash pad, to open before summer. Oak Island residents will soon have a freshwater option to splash in, just one block from the ocean. The town’s Parks and Recreation Department announced Friday that a splash pad, years in the making, will be installed before the summer.
  2. Will new ‘megadecks’ be harmful to Surf City’s fragile dune system? Officials from Surf City and the state's Division of Coastal Management respond to concerns that some beach homeowners have raised of the negative impact these structures could have on a beach dune system left heavily damaged and vulnerable after Florence. PENDER COUNTY, NC (WECT) - Surf City could see more mega decks in its future even though residents have mixed feelings about it. Town council in a 3-1 vote Wednesday night approved a motion for mega decks, which are structures up to 500 square feet on the oceanfront where a house would not be able to be built. Some residents aren’t in favor of the new development because of possible deck parties that could result in loud music or the deck becoming an eyesore. However, Bill Pelon, who owns two mega decks, couldn’t think of a better way to use the lots. “We utilize it not just going up and laying out but also, we’ve got a bar there," Pelon said. “We have a refrigerator, freezer. It’s just nice things to have along with the grill. We can grill out and have access to the ocean.” The town has two Coastal Area Management Act-approved mega decks. At Wednesday night’s meeting, Surf City resident Marcus Norton said mega decks will eat away at available parking space, which could cause people to avoid the area altogether. Full article: http://bit.ly/2FbPbYJ
  3. A green idea, Cape Fear Solar Systems planning carbon-neutral development New development and conservation are typically not used in the same sentence, but amidst all of the razing of trees and packing apartments into already crowded road corridors, one development is hoping to limit its carbon footprint in Wilmington. Plans have been submitted to the City of Wilmington’s Planning Commission for a special-use permit that will allow the development of a 75-foot tall office structure in a planned mixed-use development. The project is being brought forward by Cape Fear Solar Systems and would be located at the currently vacant property at 901 South Front Street. “The proposed project includes a multi-phased solar system design and installation company containing a 5-story, 75-foot office structure and a 14,994 sqft warehouse where solar system kits will be stored and placed on trailers for deliveries. Additional phases will include a net-zero exhibition home, solar-powered car charging stations, and multi-family residential buildings,” according to the application. Source and full article provided by Port City Daily - our local reporters.http://bit.ly/2VCDqPV
  4. Katherine Farber

    Developments in Brunswick County St. James.

    What is going on at 211 St. James Center in Brunswick County? A lot of growth and real estate development. Brunswick County North Carolina, which is located just south of Wilmington all the way to the North Carolina/South Carolina state line More developmental growth in St. James area. Malcolm Jones III, with his grand plans to develop a smaller version of Mayfair. Take a look below of the plans that he proposed: A developer has big plans for a site near St. James. The U.S. Census Bureau reports that our county is now the fastest growing in North Carolina and ranks as 47th-fastest growing county in the US. “The figures reflect continued interest in Brunswick County as a desirable location to live, work and visit,” stated Mike Hargett, Director of Planning and Community Development. “Based on the increasing level of development activity, this positive trend is expected to continue.” On the average Brunswick County’s population has had a yearly growth rate of 2.8 percent, that’s roughly over 3,000 new locals moving here annually. This provides a positive indication that existing homeowners will continue to see their property values increase while home developers will likely further invest in what is clearly a popular real estate market. Indeed, proximity to the giant St. James Plantation residential development and its more than 4,400 residents as of 2014 -- up 448 percent since 2000 --is a major selling point for Mirasol. Malcolm Jones III, who is originally from this area, has at least five years to begin to make it happen. He uses commercial real estate parlance to describe Mirasol as a “power center,” which he described as a Mayfaire only much smaller. This is a 5 year plan from 2016-2021 and should open several opportunities to the growing area.
  5. Corps of Engineers may discontinue Cape Fear dam management, what will it mean for drinking water? Since the Cape Fear River's lock and dam system has become far removed from its original, authorized purpose of navigation, the U.S. Amry Corps of Engineers is considering discontinuing federal management of the lock and dam system. Wilmington’s raw water intake was moved 20 miles upstream decades ago near the Riegelwood dam, where three counties now depend on the same intake source, Lindsey Hallock, CFPUA’s director of public and environmental policy, said. “Lock and Dam No. 1 is critical to the drinking water supply for the customers of Cape Fear Public Utility Authority,” Hallock wrote in an email. “It protects our source water from increasing salinity downstream and provides the water volume needed to meet community demand.” CFPUA plans to submit formal comments on the disposition study, currently underway, for Army Corps’ consideration. Planned on Dec. 12, Army Corps representatives will discuss in a public meeting whether federal interest in continuing maintenance of the locks and dams still exists and if disposal of the property is warranted. Held in Elizabethtown from 5:30 to 7 p.m., Army Corps will host their “Public Scoping” meeting next week.
  6. Katherine Farber

    Free Tree Services for FLORENCE clean up

    Community Strong - serving people in need! After hearing about a neighbor in need, two friends pitched in to help. That turned into a new organization, trying to help the region recover and get out from under thousands of trees. WILMINGTON — A group of tattooed builders and carpenters have formed a group called Port City Proud in the aftermath of Hurricane Florence, sending teams of volunteers throughout the city to cut trees from people’s properties free of charge. HUGE SHOUT OUT FOR THESE GUYS! Thank you for your services!
  7. Katherine Farber

    Hurricane Florence The Aftermath

    Are you wanting to help the Wilmington, NC community? A good place to start is at the Cape Fear Volunteer Center, which is on a mission to help hurricane victims, and also offers direct donations of goods for free distribution. Two other organizations Port City Volunteer and Disaster Relief and the New Hanover Humane Society. For more information and list of places to volunteer with or donate to take a look below:
  8. WILMINGTON, NC (StarNews) — City residents could see a property tax rate increase three times larger than expected as part of the 2018-19 fiscal year budget. At Monday’s agenda review meeting, council members were presented two scenarios that would raise the property tax rate 1-cent or 1 1/2-cent, rather than the previously discussed half-cent hike. For the full article see link below: https://www.wwaytv3.com/2018/06/04/wilmington-property-owners-could-see-larger-tax-increase/
  9. Katherine Farber

    Understanding the New Generation of Homeowners

    How are changing demographics affecting homeownership? Freddie Mac's Borrower of the Future campaign launched on Monday will help mortgage lenders better understand and address the evolving needs of the next generation of consumers driving housing demand. The program will deliver qualitative and quantitative insights showing how key trends affect various buyer segments, with the goal of applying these learnings industry-wide to improve the housing finance system. Freddie Mac has partnered with Arun Sundararajan, Professor, New York University for this initiative. Sundararajan will provide insight into how digital technologies and the future of work change the dynamics of homeownership, leveraging research and expertise to further advance the initiative’s efforts. Mortgage Lenders are having to rethink a traditional w2 mortgage because millennials are working more as self-employed and not a traditional 9-5 job. Co-borrow is also becoming more of a trend. Want to learn more? Call/text our team to schedule a FREE consultation 910.233.2442 Radhika Ojha, Online Editor at the Five Star Institute, is a graduate of the University of Pune, India, where she received her B.A. in Commerce with a concentration in Accounting and Marketing and an M.A. in Mass Communication. Upon completion of her masters degree, Ojha worked at a national English daily publication in India (The Indian Express) where she was a staff writer in the cultural and arts features section. Ojha, also worked as Principal Correspondent at HT Media Ltd and at Honeywell as an executive in corporate communications. She and her husband currently reside in Dallas, Texas. She can be reached at Radhika.Ojha@DSNews.com. http://dsnews.com/daily-dose/05-21-2018/understanding-the-new-generation-of-homeowners
  10. Katherine Farber

    How Much Will Generation Z Pay in Lifetime Rent?

    The choice between renting and buying a home involves a number of important factors, but younger generations are likely to pay a lot more in lifetime rent than their parents and grandparents. According to a new analysis by HotPads, Inc., members of Generation Z “can expect to spend $226,000 on inflation-adjusted rent in their lifetime.” For comparison’s sake, that total is around $24k more than millennials should expect and $77k more than the baby boomers.
  11. Katherine Farber

    The Most Prosperous City in America Is …

    Picking the most prosperous city in America is a weighty task. What factors should be considered, and how should each be weighted against the others? However you arrange the calculations, there’s a good chance you wouldn’t have settled on Odessa, Texas, as the most prosperous city in the nation, but that’s exactly what a new study by RENTCafe has determined. #coastalnchomefinders #coastalnclifestyle
  12. Katherine Farber

    Homeowners and Buyers More in Sync

    Homebuyers and sellers are moving moving closer together on home prices for the first time in two years according to a study by Trulia, which found that the measure of the price gap between search interest and available listings remained flat from a year ago, but had dropped by 15 percent from 11.1 to 13.1 in the last quarter. #CoastalNCHomeFinders
  13. Katherine Farber

    Sen. Schumer Calls for Flood Insurance Reform

    The National Flood Insurance Program (NFIP), which provides flood coverage for more than 22,000 American communities, was originally set to expire last fall. Although the House of Representatives passed a reform bill entitled the 21st Century Flood Reform Act, reform for the program then stalled in the Senate. Since then, the Senate has okayed a series of extensions for the program. The most recent extension came on March 23, included as part of the $1.3 trillion omnibus spending bill signed by President Trump. That reauthorized the program through July 31, 2018. Following the devastating effects of Hurricanes Harvey, Irma, Jose, and Maria, the NFIP was—and still is—deeply in debt. Congress has already agreed to forgive $16 billion in debt from the program. As reported by Newsday, Sen. Schumer (D-New York) told the Long Island crowd he was working on NFIP reforms alongside Senate Committee on Banking, Housing, and Urban Affairs Chairman Mike Crapo (R-Idaho) and Ranking Member Sherrod Brown (D-Ohio). Schumer said that the proposed reforms should include items such as updated flood maps and stabilized insurance rates for homeowners. An August 2017 CoreLogic study determined that more than half of the Houston properties at High or Moderate risk of flooding were not in designated flood zones. According to the National Centers for Environmental Information (NCEI), natural disasters caused more than $300 billion in damages during 2017, a year that encompassed several damaging hurricanes, as well as wildfires and mudslides in California. The $309.5 billion total for 2017 set a new record, easily surpassing the previous U.S. annual record cost of $219.2 billion from 2005, which included Hurricanes Dennis, Katrina, Rita, and Wilma. About Author: David Wharton David Wharton, Online Editor at the Five Star Institute, is a graduate of the University of Texas at Arlington, where he received his B.A. in English and minored in Journalism. Wharton has over 15 years of experience in journalism and previously worked at Thomson Reuters, a multinational mass media and information firm, as Associate Content Editor, focusing on producing media content related to tax and accounting principles and government rules and regulations for accounting professionals. Wharton has an extensive and diversified portfolio of freelance material, with published contributions in both online and print media publications. Wharton and his family currently reside in Arlington, Texas. He can be reached at David.Wharton@DSNews.com. http://dsnews.com/daily-dose/05-21-2018/sen-schumer-calls-for-flood-insurance-reform