Pinehurst, NC Real Estate News

Pinehurst, NC, widely known and recognized by golf enthusiasts everywhere and once known as the "golf capital of the world" has many options for those seeking high end golf front homes.  Pinehurst is located in region called the Sandhills, is not just a golf haven and resort destination.  It's about an hour drive from Raleigh, 45 minutes from Fayetteville, 1 hour 15 minutes from Greensboro and a couple hours from Wilmington.  Today, you will find all types of people choosing to call it home.  Not surprisingly though, the area continues to be a top consideration for buyers who are seeking luxury golf front homes.  To give you an idea, as of the date of this blog, there are currently 25 Pinehurst area luxury golf front homes listed for sale in our local MLS ranging in price from $750,000 ...
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By Wayne and Lynda Gomillion
(Real Living Hagan Realtors | Pinehurst ~ Southern Pines, NC)
The Sandhills Horticultural Gardens is a wonderful place to learn more about the uniqueness of the Carolina Sandhills while indulging your botanical interests and refreshing your spirit. Located on the campus of Sandhills Community College in the Pinehurst - Southern Pines area, and consisting of a variety of gardens, including the unique and natural environment of the North Carolina Sandhills and cover twenty seven acres. The Sandhills Horticultural Gardens offers a diverse collection of plants, both familiar and eclectic and include a formal garden in the English style, collections of conifers and holly, a native wetland trail, fruit and vegetable garden, roses, azaleas, rhododendrons, and a xeriscape devoted to succulents including cacti, yuccas and more, all presented in a specially...
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By Noel McDevitt
(McDevitt Town & Country Properties)
This is great news for our local real estate market - the number of single family homes for sale in the Pinehurst-Southern Pines area MLS is down to 950.  It will rise as 2010 gets rolling, but it helps to start the year well under the 1,000 mark.  All indicators support the prediction that 2010 will outperform both 2008 and 2009.  The question is: when will higher interest rates begin to kick in?  If rates remain low through the prime selling season (April - July), then 2010 could be a GREAT year for local real estate.  Pinehurst is such a great value, so we have a built in feature that helps sales if rates remain low.  We still have a much higher inventory level of homes priced over the $500,000 level, but below $500K, the inventory levels have really contracted.  The Southern Pines N...
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By Wayne and Lynda Gomillion
(Real Living Hagan Realtors | Pinehurst ~ Southern Pines, NC)
Community Profile Pinehurst, NC is a prestigious golfing destination and internationally recognized as being one of the top 3 in the world. Pinehurst has hosted the PGA US Open in 1999 and 2005 and routinely attracts the top names in golf. Offering world class tennis and spa facilities, exquisite dining options, and luxurious accommodations, Pinehurst offers the best of small town charm and metropolitan amenities, and though Golf is a way of life, visitors and residents enjoy the arts, history, botanical gardens, community festivals and unique village shops, all which combine to make the Sandhills a very special place. Known for its sandy soil and gently rolling hills, the region's mild climate makes outdoor activities a year-round possibility. From the Stoneybrook Steeplechase and the...
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By Todd Kenthack, MBA, GRI
(The Pines Realty)
Juniper Creek Townhomes are located just northeast of the Pinehurst traffic circle right off Juniper Creek Blvd., the main drive inside the Pinehurst No. 6 Subdivision.  Many of these townhomes, built in the 80's and 90's are golf front or have nice golf views.  There are both 3 bedroom and 2 bedroom plans, and interior square footage ranges from about 1,000 to 1,500.  Some units have single car attached garages.  Many of the townhomes in Juniper Creek come with transferrable Pinehurst CC golf memberships allowing for golf privileges at course's 1-6.  The current transfer fee is $12,000.  These units are very affordable and range in price from about $150k to $180k.  They make an excellent Pinehurst golf getaway vacation unit.  Some owners also rent them out short-term to defray ownershi...
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Pinewild is an upscale gated golf community located in Pinehurst, NC, just a short drive west of the Village of Pinehurst.  You can access the community from two gates; one off of Highway 211 and the second off of Linden Road.  The majority of residents in Pinewild are members of the Pinewild Country Club, offering them the abililty to play two well regarded 18-hole courses (Magnolia, designed by Gene Hamm; and Holly, a Gary Player Signature Course), a Par 3 nine hole course, the Azalea and full access to tennis, a pool and an impressive clubhouse.  Similar to Pinehurst CC and other semi-private courses in our area, buyers must pay a "transfer fee" (currently $12,500 at Pinewild) to transfer active memberships into their name.   A variety of monthly dues plans are available.  No monthly...
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Bretton Woods condos and Colonial Pines townhomes are excellent options for those seeking a Pinehurst second home.  They are located right next to each other off of Diamondhead Drive, not far from Lake Pinehurst and the Marina.  Some condos in Bretton Woods and townhomes in Colonial Pines are sold with transferrable Pinehurst Country Club memberships.  The current transfer fee for a Pinehurst membership is $12,000.   Prices range from the low 100's to low 200's.  See current listings in Bretton Woods and Colonial Pines To customize your own search for a Pinehurst are golf home or condo, Click Here. For assistance researching golf homes and condos in Pinehurst, contact Todd Kenthack, Broker/Owner of The Pines Realty in Pinehurst, NC.  Contact Todd anytime at (910) 603-9050. Learn about P...
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By Wayne and Lynda Gomillion
(Real Living Hagan Realtors | Pinehurst ~ Southern Pines, NC)
Nestled in the heart of the Carolina's and located just 3-hours to the Blue Ridge Mountains and 2-hours to the Atlantic Shore, Moore County, North Carolina offers a mild year round climate that is unsurpassed and ideally suited for the enjoyment of an active, outdoor lifestyle. With over 40 challenging golf courses here in the Sandhills, it's no wonder many think of Pinehurst as a golf Mecca... But there is so more to do here then just playing golf. Other available activities include tennis, cycling, boating, water sports, fishing, hunting and equestrian activities, such as polo, harness racing, fox hunting and easy recreational riding on thousands of acres of protected equine reserves. The Village of Pinehurst is best known for The Pinehurst Resort, established in 1903 and offers membe...
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One of the most popular neighborhoods in the Pinehurst market is Village Acres.  Village Acres (a.k.a. The Gun Club) is a fairly large subdivision mostly comprised of smaller homes in the 1,200 to 2,500 s.f. range.  Located in a very convenient area close to the FirstHealth campus, Village of Pinehurst parks and the Pinehurst greenway system (5 miles of town maintained trails).  You can access the neighborhood at two locations off of Hwy 15/501 just north of the traffic circle; off Hwy 211 on Gun Club Road and off of Murdocksville Road.  This is an excellent neighborhood for first time homebuyers.  The commute is still close enough to Fort Bragg, so military families wanting to live in Pinehurst often consider options in Village Acres. Most homes in Village Acres are 3 bedroom, 2 bath p...
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By Noel McDevitt
(McDevitt Town & Country Properties)
With the end of the year approaching, there are 985 single family homes on the market in the Pinehurst Area MLS.  Inventory levels dropped under 1,000 a few weeks ago and remained low.  That is a great sign for our market.  The holiday season partly accounts for the drop, but home sales have recovered somewhat in the 4th quarter of 2009.  Plus, builders are hesitant to get back into the spec home market just yet.  We'll have a better sense of the shape of the housing recovery in the Pinehurst area by the end of the 1st quarter of 2010.  Expect inventory levels to rise in 2010. But if never goes over 1,100 in 2010, then you can expect normal inventory levels to return in late 2010 or by the Spring of 2011.
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Fairwoods on 7 is a gated luxury golf home community, its golf course (Pinehurst No. 7) is part of  Pinehurst Country Club.  The community is located in a very convenient spot, and can be accessed off Hwy. 15/501 just south of the Pinehurst traffic circle or off of Midland Rd./Route 2 east just before reaching the circle. It's just a short drive to the heart of the Village of Pinehurst.  Playing privileges at #7 do not automatically come with the standard Pinehurst membership (course's 1-6).  Pinehurst members have the opportunity to pay an additional $10,000 initiation fee to belong to the course and a nominal amount of incremental monthly dues.  For those individuals or couples looking to play a lot of golf, "buying up" for privileges at 7 is a great decision.   Homes in Fairwoods on ...
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There seems to be a trend occuring in our area (and in all liklihood in many other reasons) of home searchers deciding to purchase smaller homes.  I'm sure some of it has to do with closer evaluation of how much space is actually "necessary" versus "nice to have" overflow/storage space.  After all,  more square footage normally translates to higher costs for electricity and maintenance.  Assuming this trend continues, we would expect to see significant growth in luxury condo/townhome purchases.  Most of these offer full exterior maintenance and lawn care, a big plus for many people looking to retire or semi-retire to our area. When looking at the Pinehurst luxury condo/townhome market, several options stand out.  They include Cotswold, Lake Pinehurst Villas, Lamplighter Village, The Tra...
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By Wayne and Lynda Gomillion
(Real Living Hagan Realtors | Pinehurst ~ Southern Pines, NC)
Community Profile Pinehurst, NC is a prestigious golfing destination and internationally recognized as being one of the top 3 in the world. Pinehurst has hosted the PGA US Open in 1999 and 2005 and routinely attracts the top names in golf. Offering world class tennis and spa facilities, exquisite dining options, and luxurious accommodations, Pinehurst offers the best of small town charm and metropolitan amenities, and though Golf is a way of life, visitors and residents enjoy the arts, history, botanical gardens, community festivals and unique village shops, all which combine to make the Sandhills a very special place. Known for its sandy soil and gently rolling hills, the region's mild climate makes outdoor activities a year-round possibility. From the Stoneybrook Steeplechase and the...
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Though new construction inside No. 6 has slowed versus past years, you will still find an inventory of new homes in the community.  As of Dec. 9th, 2009, 42 homes have sold within Pinehurst 6, ranging in price from $160k to $505k with an average sale price of $282,006..  During the same period last year, 47 homes sold, ranging from $215k to $650k, with an average sale price of $310.070.  The declines in price and volume are just slghtly higher than those for Pinehurst city wide year to date. See All Current Pinehurst No. 6 Listings Date Source:  Pinehurst-Southern Pines MLS as of 12/9/09. The Pinehurst No. 6 community remains one of the most popular golf communties in the Pinehurst area.  It's convenient location to the FirstHealth medical facilities make it a great choice for local hea...
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Whether you are a prospective purchaser or current homeowner in Pinehurst NC, you're probably wondering how are market has been faring so far in 2009.  The numbers below give you monthly comparisons for single family units inside Pinehurst for November '09 and '08, as well as YTD through November 30th.  Not surprisingly, the YTD average sales price shows a decline of about 6%.  Sales volume so far in '09 is down about 11%, and average days on market has risen to 160 from 138.  Many regions throughout the U.S. are experiencing similar or even more severe price and volume declines.  Interestingly, when comparing November '09 to November '08, we saw a fairly big jump in number of units sold this year.  The big question is.....will that monthly uptick continue in the coming months?  We shal...
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By Megan Clayton
(New American Mortgage Fayetteville)
"Freedom is never more than one generation from extinction.  We didn't pass it to our children in the bloodstream.  It must be fought for, protected, and handed on to them to do the same, or one day we will spend our sunset years telling our children and our children's children what it was once like in the United States where men were free."  -Ronald Reagan Just a dose of inspiration for you today on this fine friday.  Aren't we blessed to have our health and our jobs and the freedom to work them?  Now, let's make some good things happen today!
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By Jamie McDevitt
(McDevitt Town & Country Properties)
The Christmas season in Pinehurst and Southern Pines is wonderful.  There are so many traditional events for all ages, from tree lightings to parades to concerts and charity events.  For a calendar of all the best holiday events and happenings, just visit: http://www.mcdevitttownandcountry.com/info/pinehurst-nc-events.htm If you are new to the area or if you are considering moving to Pinehurst, Southern Pines or one of the neighboring communities, attend one of the events on the calendar - you'll be amazed at just how welcome you will feel.  If you need any further info about the area, just give us a call at 800-788-8814 or locally at 910-693-7901.
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By Noel McDevitt
(McDevitt Town & Country Properties)
The inventory of single family homes in the Pinehurst area MLS is dropping weekly and is about to go below the 1,000 mark for the first time in 2 years.  The Pinehurst MLS includes Southern Pines, Whispering Pines, Aberdeen and all of Moore County, NC.  The decline represents improved home sales since Sept; and some sellers simply withdraw their listings from the market as the holidays approach.  But at this time last year, the single family home inventory was well over 1,000.  As of today (Dec. 1 2009), there are 1,002 homes on the market.  In a normal market at this time, the number should be around 900.  The other good news in our market is that some builders are planning to resume building spec homes in 2010.  The best new homes have been picked over and most of the best spec homes,...
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By Wayne and Lynda Gomillion
(Real Living Hagan Realtors | Pinehurst ~ Southern Pines, NC)
Community Profile Pinehurst, NC is a prestigious golfing destination and internationally recognized as being one of the top 3 in the world. Pinehurst has hosted the PGA US Open in 1999 and 2005 and routinely attracts the top names in golf. Offering world class tennis and spa facilities, exquisite dining options, and luxurious accommodations, Pinehurst offers the best of small town charm and metropolitan amenities, and though Golf is a way of life, visitors and residents enjoy the arts, history, botanical gardens, community festivals and unique village shops, all which combine to make the Sandhills a very special place. Known for its sandy soil and gently rolling hills, the region's mild climate makes outdoor activities a year-round possibility. From the Stoneybrook Steeplechase and the...
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By Wayne and Lynda Gomillion
(Real Living Hagan Realtors | Pinehurst ~ Southern Pines, NC)
On Saturday, October 31, 2009 7:00 PM, the Companion Animal Clinic Foundation is sponsoring the Spooktacular Halloween Gala.  The evening will include a costume contest, food and spirits, a silent auction and live entertainment by "Cool Heat."  This one time event will be held at the Fair Barn and tickets may be purchased at the Faded Rose, the Wine Cellar, Opulence, Eve Avery's & the Spay Neuter Veterinary Clinic.  For more event information call C. A. Williams at 910-245-1230. Anouncement courtesy of... Wayne and Lynda Gomillion, Brokers"The Trusted Names in NC Real Estate" "The friendship and referrals of those we serve is the foundation of our success."  Member of the Real Estate Intelligence Network  PinehurstRealEstate.us | Pinehurst-NC.us | PinehurstHomeTeam.com | PinehurstAreaRe...
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