Trickle Down Economy

Don’t worry; Carolina Dreamin’ is not going political! Trickle Down Economy is an original concept from Carolina Plantations Real Estate, located in beautiful Shallotte, NC. “Trickle Down Economics” was a phrase first used by humorist Will Rogers during the Great Depression, who laid the framework of money at the top trickling its way down to the needy.  And of course during the 80s we all remember that President Reagan made this pretty much a household phrase.

Brunswick County, NC is located just south of Wilmington and north of Myrtle Beach. We have five wonderful islands – Sunset Beach, Ocean Isle Beach, Holden Beach, Oak Island and Bald Head Island. Up until the early 80s, that was about all that there was here. Then some bright developers began to carve out these large sprawling communities on the mainland so that Carolinians could have an alternative to beach homes while also offering a place to possibly retire to. Some of the early ones were Sea Trail, Brick Landing, Briarwood and Lockwood Folly.

The second wave of plantations were introduced in the early to mid 90s, and included icons such as St. James Plantation, Ocean Ridge Plantation, Winding River Plantation and Magnolia Greens. But something was different about this gated group as they began marketing to points north of the Mason Dixon. Yes everyone, I am talking Yankees! Yankees, right here in our back yards! Imagine that?

One firm that deserves special credit to the north’s eyes being opened to the great opportunities here in Southeastern NC is RPI Media in Wilmington. The president of RPI is a friend of mine and he branded the name “LiveSouth” and created the LiveSouth Real Estate Expos, which were held annually in New Jersey, Long Island, DC, Greenwich, Boston and other rotating cities. These shows introduced Southern Hospitality to the Northern ways of life and helped many discover a hidden paradise here on the coast of North Carolina.

In order for these plantations to sell homesites and Dream Homes to be constructed, they needed lots of people looking. When growing up in NJ I remember someone saying that you have to throw a lot of spaghetti at the wall for some to stick, and well, the marketing arms of these communities brought in more spaghetti than they knew what to do with!

Brunswick County is a Trickle Down Economy. When people up north retire, inherit money, cash in stocks and sell their homes, a right good many of them head our way. It’s not like the faucet here today is on full blast like years of past here but, eventually the Coastal Carolinas receive their fair share of “Trickle”. 

A few weeks ago I was at the home of Eileen and Pat Scanlon, who recently moved into their beautiful home in Brunswick Forest that coincidentally was designed by Plan View Design! They held a St. Patrick’s Day party and of the 30 or so guests, I was the only one NOT from Longa Island! What I found interesting though was how many were going on about how hot the market is right now on Longa Island and elsewhere, as home are selling relatively quickly and inventory is dwindling. Gee, do you think Hurricane Sandy, massive snow storms, ridiculously high taxes and traffic out the kazoo have anything to do with this? Hmmmm??! 🙂

Our market here heats up when the market up north heats up, and the trickle seems to be gaining force every day. For example, I have really never tracked the number of monthly leads we receive here at Carolina Plantations but between walk-ins, call-ins and internet leads, we had 150 leads in February! Part of this is attributable to our very visible new location and building on Hwy 17 in Shallotte, which comes with our 35’ illuminated sign that is the biggest real estate sign in North Carolina! So, when you are ready to trickle down or have friends that are considering trickling down, please call Pat, Nancy, Chris, Patty and Doug so we can provide them with the best overall experience available.

Carolina Dreamin’

Premiere Edition by Douglas S. Terhune

In the Spring of 2007, I swam upstream and fought a quickly deteriorating real estate landscape by opening Carolina Plantations Real Estate in an old junk store that I renovated on Hwy 17 in Ocean Isle Beach. In 2011, our real estate team topped $13,000,000 in sales, landing us in the top 20 real estate firms in Brunswick County. We sold more real estate in Brunswick Forest & Brunswick Plantation than any other firm in 2011 and continue to be among the leaders in Sandpiper Bay, Crow Creek, Ocean Ridge, Rivers Edge, SeaScape, RiverSea, Winding River, Waterford and many more. The key to our success is our visibility visa vie our top rated website www.CarolinaPlantations.com, as we are almost always #1 on the search return for the plantations here in Brunswick County.

Since the acquisition of Plan View Design in the summer of 2008, Plan View has grown to be the #1 custom home designer in Brunswick County. We work with over a dozen local builders but most importantly, we offer our clients a service that nobody in Southeastern North Carolina can. We design your Dream Home in full color 3D, which allows you not only to see your home before you break ground but, you are an integral part of the design with your feedback. And our home designs have earned more blue ribbons than any other firm in Brunswick County.

Today we are launching a website that arose from years of working with clients considering our area for retirement and/or, for a second home. And instead of spending years attempting to write a book and chasing publishers 24/7, I have created www.TheRetirementHandbook.com – which provides you with thoughts & ideas on “How to Retire”. As you are well aware, retiring is the last major (unknown) frontier for most of us and in this age of information, I believe we have compiled something unique.

The Retirement Handbook presents you with stuff you may find useful along your path to retiring. Areas of concentration include 6 GeoCenters, Medical, Retirement Trends, Beginning Your Search, Financial Calculator and more. Retiring is a very scary word for millions of Americans as there is no school to attend or degree to be obtained. You are on your own and until now, there has not really been a road map to help guide you.

Carolina Plantations Real Estate, Plan View Design and The Retirement Handbook will show up on your pc at the beginning of each month visa vie our eNewsletter, Carolina Dreamin’. Our goal is simple –“provide you with the information you require to make a well informed decision”.

We encourage your thoughts and comments and on behalf of the best real estate sales and home design teams in Southeastern North Carolina (Pam Silberman, Nancy Boston, Christopher Columbus Creekmore, Pat Coye, Carolyn Rosenberg, Court Terhune, Haley Wilson, Daniel Stiling and myself), we wish you a continued pleasant summer. If we can ever be of assistance, we’d be honored to do so.