Pinehurst, NC Real Estate News

By Noel McDevitt
(McDevitt Town & Country Properties)
Homes for sale in the Pinehurst NC area MLS are still dropping in inventory.  Now there are 1,069 single family homes for sale in the Pinehurst - Southern Pines area.  Sales of more expensive homes are still very sluggish, but there has been more activity lately when it comes to houses priced over $500,000.  We have seen price reductions of higher priced homes, plus banks have now begun to lower their interest rates on jumbo loans.  In the last 30 days, there have been 10 sales over $450,000 in the local MLS.  McDevitt Sotheby's has been the selling firm or the listing firm 3 of those 10 sales (both on one of them); and the buyers in each case got great deals.  The average home/condo sale price in the local MLS in the last 30 days was about $255,000, which is down less than 5% from last...
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By Wayne and Lynda Gomillion
(Real Living Hagan Realtors | Pinehurst ~ Southern Pines, NC)
Pinehurst offers more than 41 golf courses that are all playable virtually year round in a mild climate and an abundance of private and gated golfing communities and some with private lakes. Yet unlike faster growing golf neighbors such as Myrtle Beach in South Carolina, Pinehurst retains a true small-town charm. So it's no suprise that after extensivly researching and comparing literally hundreds of towns across the nation, that Pinehurst was placed in "The Twenty One of The Best Boomer Towns to Retire." The key criteria included: low crime, range of home prices, university access, airport convenience, small town charm, state of the art hospitals, local events, good weather and abundant cultural activities. See the complete list by visiting bestboomertowns.com   Recently, CNN Money Ma...
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By Wayne and Lynda Gomillion
(Real Living Hagan Realtors | Pinehurst ~ Southern Pines, NC)
The Pinehurst Business Guild welcomed nearly 200 artisans, crafters and more as it celebrated the 31st Annual Holly Arts and Crafts Festival.  The event was held Saturday, October 17, 2009 from 10am to 4pm, and was located in the heart of Pinehurst's Historic Old Town area. Combining the talents of hand crafters in a variety of genres - from woodworking to glass, stitched art to lawn ornaments, hand-crafted jewelry to metal sculpture.  Area restaurants and food vendors dot the gathering as downtown shops offer sales and specials. This event was well attended and we hope to see you there next year! With our highest regard,                                                            Wayne and Lynda GomillionTrusted Names in Real Estate "The friendship and referrals of those we serve is th...
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By Angela Rooney, Pinehurst North Carolina Homes for Sale
(Keller Williams Realty)
  If you are new to the area and are looking for real estate and amenities in the Pinehurst, Southern Pines, Aberdeen, or Moore County area, then you might want to check these out: The Town of Southern Pines, Village of Pinehurst, and the Town of Aberdeen are all fairly close to each other. They are all connected by a few highways that contain shopping and restaurants. Angela Rooney Real Estate Services-Making it Easier to Call Moore County Home-Hagan and Hagan GMAC REwww.angelarooney.comTown of Southern Pines http://www.southernpines.net/OurTown.aspx The Weymouth Center for Arts and Humanities in Downtown Southern Pines http://www.weymouthcenter.org/ The Sunrise Theater in Downtown Southern Pines http://www.sunrisetheater.com/ The Arts Council of Moore County http://www.artscouncil-moo...
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By Jamie McDevitt
(McDevitt Town & Country Properties)
If you call Pinehurst home and you want to experience a little of old Pinehurst, try a visit to the Pinehurst Harness Track this Fall.  It's October, and the barns at the Track are starting to fill up with horses and their trainers who winter in Pinehurst so that they can train harness racing standardbreds.  In early Spring, don't miss the Matinee race, which is a great social event.  And whatever you do, try out the Track Restaurant for breakfast.  Best breakfast in town and very fast with great service.  They are open for lunch as well.  For more info about the Harness Track, visit http://www.mcdevitttownandcountry.com/info/pinehurst-harness-track.html If you are interested in Pinehurst real estate, visit our site at www.mcdevitttownandcountry.com or call us toll free at 800-788-8814.
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By Noel McDevitt
(McDevitt Town & Country Properties)
About a month ago, the number of single family of homes for sale in Moore County (which includes homes in Pinehurst and Southern Pines) dropped below 1,100 and as of my last post on Sept 9 was down to 1,096 homes.  As of today (Oct 15), the inventory is down to 1,074.  Normal for this time of year is 900, so we are still up 15-20%.  But that is not bad when you think about markets in some parts of the country being up 200%, 300% or even more.  Higher priced homes are just not moving - in part because jumbo interest rates are still higher than conventional rates and in part because home buyers are more risk averse than they were 2 or 3 years ago.  If you want to keep track of the inventory number, sign up on www.twitter.com and follow my daily inventory posts at http://twitter.com/pinehu...
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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)
PINEHURST, NC | First Time Home Buyer $8000 Tax Credit Update  If your STILL just thinking about investing in a home... What are you waiting for? Interest rates are at historical lows, there is a very good selection of inventory to choose from and most sellers are motivated! From an investors perspective, owning your own home is the ultimate real estate investment... Where else will you find the security, leverage, tax benefits and appreciation that home ownership offers you?  The Internal Revenue Service has reported that "So far, more than 1.4 million taxpayers have taken advantage of the "The American Recovery and Reinvestment Act." With the deadline quickly approaching, the IRS is reminding potential homebuyers they must complete their first-time home purchases before Dec. 1 to qual...
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By Wayne and Lynda Gomillion
(Real Living Hagan Realtors | Pinehurst ~ Southern Pines, NC)
Tee up your retirement in Pinehurst, North Carolina Pinehurst, North Carolina 28374 Population: 12,000+ % over 50: 57% Pinehurst Real Estate Typical 3-bedroom home: $265,333 Housing prices down: 27% State income tax: 7.75% Known as the Home of American Golf, everyone who knows and loves the game knows Pinehurst as the home of "The" Pinehurst Resort, which offers one of the nation's most prestigious golf courses, including the best known Pinehurst 2, site of numerous PGA tournaments. Nevertheless Pinehurst is also a friendly year-round community with a bustling downtown, first-rate regional hospital, and mild weather year round.  Although Money Magazine reported that the typical 3 Bedroom home in Pinehurst costs $300,000 the fact is, over the past 12-months actual cost averaged only $265...
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By Dale Heck
(Century 21 Patriot)
Ready for quick occupancy.  Beautiful 3-bedroom home with brick exterior and view of Pinehurst #6 golf course.   This is a great family home with good schools and plenty of kids living in the neighborhood.      The above information was provided by Dale Heck, an award winning Pinehurst, North Carolina real estate agent.  If you are looking for a retirement home you might find that Pinehurst is the deal place to retire into.  If you are interested Pinehurst NC real estate, a Pinehurst waterfront home, a Pinehurst golf Front home, a Pinehurst Condo or a North Carolina horse farm please visit one of my sites listed below.  Try Easy Search on anyone of my four web sites, it's the easiest way to search for real estate in Moore County.    Pinehurst Real Estate  - http://www.pinehurstrealestat...
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By Dale Heck
(Century 21 Patriot)
Ready fo quick occupancy.  Horse farm with fish-stocked pond, riding ring, barn, 3-bedroom home and 16 acres of land with several pastures.  Please call 910-528-4652 to get more information or visit any of the webites listed below. The above information was provided by Dale Heck, an award winning Pinehurst, North Carolina real estate agent.  If you are looking for a retirement home you might find that Pinehurst is the deal place to retire into.  If you are interested Pinehurst NC real estate, a Pinehurst waterfront home, a Pinehurst golf Front home, a Pinehurst Condo or a North Carolina horse farm please visit one of my sites listed below.  Try Easy Search on anyone of my four web sites, it's the easiest way to search for real estate in Moore County.    Pinehurst Real Estate  - http://w...
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By Wayne and Lynda Gomillion
(Real Living Hagan Realtors | Pinehurst ~ Southern Pines, NC)
Pinehurst Golf Resort and Country Club - Semi-private Country club featuring 8 championship golf courses including the famous Pinehurst #2, site of 1999, 2005 US Open events and host to the 2014 US Open and US Women's Open, on consecutive weekends. "This double-header, staged at one of the sport's most storied golf courses, promises to provide a promotion of women's championship golf unlike anything we've ever seen," US Golf Association (USGA) executive director David Fay said. The US Open will be staged on the Donald Ross-designed course on June 12-15, 2014, with the US Women's Open set to follow June 19-22. Savvy real estate investors understand the importance of location and the resort setting of Pinehurst make it an excellent choice for second homes. Detached single family homes in ...
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By Noel McDevitt
(McDevitt Town & Country Properties)
For Pinehurst real estate and Southern Pines NC real estate, it's been an interesting year.  The inventory of single family homes in Moore County NC topped the 1,000 mark in January 2009 and the number continued to rise throughout the Spring and early Summer, reaching a peak of about 1,170 in mid-June.  Since then, the inventory of homes for sale in the county has declined slowly but steadily.  As of September 9, 2009, there are 1,098 single family homes for sale in Moore County.  This includes ONLY single family homes, not condos, farms and land.  Our normal average number is around 900; and for this time of year (end of Summer), we usually have about 800 homes on the market.  The number of sales tapers off in the Fall and inventory usually rises slightly.  It will be interesting to se...
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By Wayne and Lynda Gomillion
(Real Living Hagan Realtors | Pinehurst ~ Southern Pines, NC)
Forest Creek Golf Club is a private equity club located in the Pinehurst, NC area. Offering 1,265 acres of pine forest, the heart of the club are two eighteen-hole courses designed by Tom Fazio. Both courses that have been recognized as two of the best courses in the nation. Amenities include clubhouse with award-winning facilities, a swimming complex, spa, tennis courts, and biking and jogging trails. Forest Creek opened in 1996 and since have attracted over 550 members from around the world, who share a common love for the game and an appreciation for the advantages afforded through private club ownership.  Home sites in Forest Creek typically range from $80,000 up to $450,000 with custom homes in Forest Creek ranging from $550,000 up to over $2 million. For more information about For...
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By Allan Nanney, The Business Professional for Personal Real Estate
(Towering Pines Real Estate)
I'm reluctant to start a "theme" of blog topics, but it occurred to me that if you were to ask some people, What is Pinehurst all about?, many would say, "It's that golf resort set next to a cute village, with some small towns nearby."  Strictly speaking, they would not be totally inaccurate, but, boy, would they be missing a lot! Last Sunday, I stopped by the Pinehurst Harness Track.  This beautiful facility is located immediately adjacent to and across the street from Pinehurst Country Club and Resort.  The original 56 acre track complex is the oldest continuously operating equine sports facility in North Carolina.  On this particular Sunday, the grounds were filled with participants in the PSJ Hunter/Jumper Show.  This event featured different age-group riders, from novice to experie...
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By Allan Nanney, The Business Professional for Personal Real Estate
(Towering Pines Real Estate)
A great part of the lifestyle that comes with living in the Pinehurst / Southern Pines area is the easy access to many great attractions and leisure options within a short drive.  It doesn't have to be all about golf when you live here. I spent a recent Saturday afternoon at the North Carolina Zoo in Asheboro, a quick 45-50 minute drive from Southern Pines.  This wonderful property is situated at the foot of the Uwharrie Mountains in what is essentially the geographic center of the state, and it is a beautiful trip.  Having opened its first permanent exhibit in 1979, the North Carolina Zoo sits on 1500 acres, but only about 1/3 of that has been developed so far.  It's arranged into 2 main sections, one for North American animals and habitats, and the other for Africa.  A key word is "ha...
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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)
Home Ownership Moves the Economy (HOME) Act of 2009 | Originating in the House of Representatives and introduced Jun 10, 2009 by its Sponsor: Rep. Howard Coble [R-NC6] with cosponsors: Barton Gordon [D-TN6], Sheila Jackson-Lee [D-TX18], Walter Jones [R-NC3], Donald Young [R-AK], , This bill is in the first step in the legislative process. Introduced bills and resolutions first go to committees that deliberate, investigate, and revise them before they go to general debate. The majority of bills and resolutions never make it out of committee. That said, we can only be hopeful this bill will become law. Do you, like we, beleive that amending the Internal Revenue Code of 1986 to expand and extend the first-time homebuyer credit is a good idea?  If you respond YES!... Then we strongly encou...
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By Noel McDevitt
(McDevitt Town & Country Properties)
If you own or rent a home in Moore County, NC, you may be interested in info about recycling.  Recycling doesn't have to mean saving the planet single-handedly, but it can mean making your home safer by safely getting rid of dangerous or unwanted materials around the house, in the attic or the garage.  Pinehurst and Southern Pines offer some reclycling pickup for homeowners in their city limits, but there are many materials that they will not accept when they come to your home.  However, Moore County maintains a number of recylcing centers around the county.  Different locations accept different materials.  To get more info and to see a chart showing where you can dispose of certain household items, hours of operation and telephone numbers, visit: http://www.mcdevitttownandcountry.com/i...
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By Wayne and Lynda Gomillion
(Real Living Hagan Realtors | Pinehurst ~ Southern Pines, NC)
               Join us at the Annual Pinehurst Food and Wine Festival September 3-7, 2009! Savor international cuisine and winds at the 21st Annual Food and Wine Festival with more than 100 labels and dishes from all over the world. Call or visit the Pinehurst Resort Services Desk for ticket to individual events, reservations and information. 910.235.8415 | www.PinehurstWineFest.com Have you been considering a Second Home for vacation, investment or a transition? There are many reason you should. Learn why so many come for the golf and stay for the lifestyle that is uniquely Pinehurst. Please contact us for futher information and begin your new home search today.   Thank you for your interest and the privilege of serving you! With our highest regard, The Pinehurst Home Team
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