National homebuilders have ramped up their local presence in the Wilmington market with large land acquisitions, driving up the cost of raw land. (Port City Daily photo/Johanna F. Still)
SOUTHEASTERN N.C. National, publicly traded companies are amassing large tracts of undeveloped land in the greater Wilmington market at a greater frequency and intensity than they were previously, according to multiple industry experts.
The companies have begun creeping further past the state line from the comfortable hub of Myrtle Beach, venturing deeper into Brunswick County. D.R. Horton, arguably the region’s only dedicated national builder over the past decade, has ramped up its presence in the tri-county region. “America’s largest homebuilder” is currently building out 23 neighborhoods across the tri-county region.