Pinehurst, NC Real Estate News

By Don Price
(Mid Carolina Realty LLC)
There is good news to report locally for the Pinehurst and Southern Pines area in this time of economic uncertainty in our Country.Locally home inventory has increased as lenders have tightened up on lending, but Homes for sale and priced and ‘positioned' correctly for the market conditions are getting offers and closing.Economic conditions that exist and influence markets nationwide do have an impact here in Moore County, NC and the Pinehurst, NC real estate marketplace. However properties for sale that are ‘positioned' correctly in the market are selling, and I expect any piece of real estate properly positioned will sell in an acceptable time period.It is when a Home or piece of real estate is not positioned properly does it linger on the market until it the listing expires, often wi...
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By Dawn Crawley, Find Pinehurst Homes
(Dawn Crawley Realty)
Now is a great time to buy in the Pinehurst and Moore County area of North Carolina.  There is plenty of inventory on the market including condos, single family homes, and building sites.  These properties are located in many different communities and subdivisions including golf front, water front, equestrian and gated communities.  Prices range from the mid to upper $100,000 to over $1,000,000 with the average selling price in the mid to upper $200,000's.  Please contact me for more information on housing or just general area information.
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This blog starts to really dig into the real estate investing process. The first step is to create a Property Masterlist, moving from very broad categories to a specific house. Create lists that get progressively narrower. The first level in the Masterlist is the County/City. An ideal situation is one where there is a strong job market with a mature housing market and little new construction. This creates a lot of positive upward pressure in the housing market, because demand is high and supply is low or fixed. Another good situation is a county into which many people are moving for retirement. The Southeast has a good mix of both of these factors and will probably continue the trend for a long time. If you had a choice, would you reallly want to live in Buffalo? OK, I'm biased, because...
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By Dan Askins
(Fore Properties)
Here are some questions that I have heard in the past. Do the people in my Mastermind Group (MMG) need to know they're in my Mastermind Group?No.  I have dozens of people in my MMG, but most of them don't know it.  MMG's can be very informal, and they don't necessarily meet together.  Mine never does.  Usually I take someone to lunch and pick his brain.  I try to offer something of value to that person as well.  MMG's are just intentional relationships.  Kimberly George, a life coach in Massachusetts, uses the term Social Capital to speak about leveraging the people you know, similar to leveraging, or borrowing, money.  You are borrowing their wisdom.Should I join organizations that promise to show me how to invest in real estate?If so, which ones?If not, why not?There are many good and...
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By Dan Askins
(Fore Properties)
In "How to Safely Invest in Real Estate. Part 2", I mentioned starting a Mastermind Group (MMG). Here are some quick points about that:Who?RealtorAttorneyCPABuilderFinancial PlannerProperty ManagerBankerIt is vital that you have experts in their respective fields that can give you sound advice. What?They need to be real estate investors. You shouldn't take advice on the stock market from your unqualified neighbor. Don't listen to them about real estate investing either.Why?Although this might be an easy question for many to answer, I am also continually surprised at the number of people who think they can just walk in and start investing in real estate. The sink or swim philosophy might work for a kid at the swimming pool, but it's foolish in the real estate investing ocean, where any n...
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By Dan Askins
(Fore Properties)
Form a Mastermind Group.  Napoleon Hill saw the wisdom in linking arms with others when he wrote Think and Grow Rich.  Find people who understand real estate investing from different perspectives, such as an attorney, accountant, Realtor, builder and a banker, who would be willing to give you advice and guidance.Eliminate Personal Debt.  It is very difficult to invest in rental real estate if credit card bills and car payments are eating up your available credit and your resources.  Suze Orman has some great information on how to do that. http://www.suzeorman.com/. Create extra revenue.  Look for ways to make money on the side to allow you to invest or cover for a vacant property.Read, read, read.  Become a student of the business.  Start reading books written by Robert Kyosaki, such as...
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By Todd Kenthack, MBA, GRI
(The Pines Realty)
The following information has been provided by Pinehurst Owner/Broker Todd Kenthack of The Pines Realty.  You may reach Todd at (910) 603-9050 or by email at Todd@golfhomesinpinehurst.com.  For more information about Pinehurst real estate of to search for available properties in the Pinehurst area, go to www.golfhomesinpinehurst.com. Pinehurst Property Statistics from the Pinehurst-Southern Pines MLS, as of November 25, 2007: Single Family Homes There are 253 single family home listings, ranging in price from $145,900 to $2,750,000 with a median price of $369,000.   Over the last 30 days, there were 36 new listings and 22 closings. For more detailed statistics for one of Pinehurst's most popular subdivision, check out the Pinehurst No. 6 Home Market Pulse at:  http://www.golfhomesinpine...
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By Jill Ford
(Keller Williams Realty of Pinehurst)
Air Force General Lance L. Smith officially retired Friday, November 9th and turned over the reins of the dual commands of NATO Allied Command Transformation and Joint Forces Command to Marine General James Mattis at an official ceremony aboard the carrier George Washington in Norfolk, VA.  Among the notable officials honoring General Smith at both his retirement ceremony and the change of command were several who noted the general's choice of community for his retirement with more than a little wistful envy.  At the retirement ceremony, both Deputy Secretary of Defense Gordon England and Air Force General Joseph Redden, Retired, suggested that Lance and Linda Smith have chosen well the location for their retirement and wished them well as they head for Pinehurst. And later in the day, ...
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By Lacey Conn
(Virtual Tours Plus!)
My Virtual Tour company is fairly new. I have been looking at ways to get my name out there, get people to use my services, to talk about my company... I have created a tour of my wonderful home town. The area I live in is as unique as the people who live in it. This area is rich with culture and history. It is hard to imagine a place like this until you visit it. It almost seems like it is a little time capsule that is charished by all that live and work here. Please view the tour of the area and give me any thoughts GOOD, BAD, OR INDIFFRENT. I think that my small town is something that all should visit and experience, it's not known to be the golf capitol of the world for nothing... Click Photo to view tour
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By Mike Hardinger
(Keller Williams Realty Pinehurst)
We are growing rapidly and plan to apply for a Keller Williams franchise soon.  We are looking for great agents who want to move thier business to the next level.  Our enviroment is training intensive and we are always looking for learning based agents who are truly professionals.  Let me hear from you if you are such an individual.  We believe that it is the agent--not the company-that matters to clients.  Come with us and build your own brand equity!  Contact me directly for a confidential interview--910-315-4100
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If you're a golfer and are evaluating your options for retirement in the Southeast, you undoubtedly have already given some consideration to Pinehurst, NC.  Pinehurst, the original Golf Capital of the World, is also the home of many top quality golf communities.  Properties for sale within these communities include interior and on course lots and a full range of single family homes, patio homes, condominiums, townhomes, golf villas and lodges.    Search current listings in and around the Pinehurst area including the well known golf communities of Talamore, Mid South Club, Pinehurst No. 6, Pinewild, Fairwoods on 7 and National Golf Club.  If you're interested in lots in Mid South Club, click here. Regardless of where you are coming from, the chances are you will be pleasantly surprised b...
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By Wayne and Lynda Gomillion
(Real Living Hagan Realtors | Pinehurst ~ Southern Pines, NC)
01-Sept-07 through 30-Sept-07 there were 45 Single Family Home Sales reported with a Average Sales Price $243,227; During the same time there were 79 New Listings entering the market at an Average Listing Price of $463,469; The Average Days On Market for properties sold was: 94. Click here to access a complete and printable version of this reportPlease contact us or visit PinehurstHomeTeam.com for additional information on this and other real estate related matters.  Thank you for your interest and the privilege of serving you!With our highest regard, Wayne and Lynda Gomillion"The Pinehurst Home Team""The friendship and referrals of those we serve is the foundation of our success."
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Pinehurst Trace is an active adult residential community located just a quarter mile north of the Pinehurst traffic circle on Highway 15/501.  Residents of Pinehurst Trace are individuals or couples 55 and over.  If you're looking to retire in Pinehurst, and desire low maintenance living in a single family home, I recommend you give  Pinehurst Trace serious consideration.The majority of the homes in Pinehurst Trace are 3 bedroom, two bathroom plans, ranging in size between 1,600 and 2,100 square feet.  Most have two car attached garages except for the 2 bedroom plans that have a detached one car garage.   Homes range in age between 1987 and 2006.  Recent sales in Pinehurst Trace indicate an approximate price range between $165 thousand and $210 thousand.   All exterior maintenance is co...
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By Jill Ford
(Keller Williams Realty of Pinehurst)
As the national news media trumpets the grim stats about housing sales, housing prices, housing starts etc. it should be said that real estate markets and market conditions are by their very nature, local.  While it's true that our market is being and will continue to be effected by our relocating buyers' inability to sell homes in Cleveland, or Chicago, Orlando, or Hartford or wherever, the demand for properties in our market remains strong.  North Carolina climate, Pinehurst recreational amenities, the community and reasonably priced properties all provide a strong draw for that "pig in the python" that is the baby boomers generation.  We offer so much of what the current crop of retirees, and about-to-be retirees are looking for, and that, plus the steady flow of military being trans...
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Cotswold is a subdivision of English Style brick townhomes located less than 2 miles from the heart of Old Town Pinehurst off Linden Road. Available units include three and four bedroom plans that were built between the late 1980's and 2007; development is still underway today.If purchasing Pinehurst Real Estate is important to you, but being on or near a golf course is not key, you may want to take a closer look at Cotswold. The units are well constructed and offer plenty of square footage; many include upper bonus room areas.....some finished and some unfinished. Three bedroom units start at about $350,000 and four bedrooms run in the low to mid $400's.  Check out current listings in Cotswold.To learn more about available units within Cotswold, or to research other homes or condos in ...
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By Todd Kenthack, MBA, GRI
(The Pines Realty)
If you're contemplating a move to Pinehurst, NC and are serious about buying in one of the premier Pinehurst golf communities, you'll find this page and the links within to be a helpful resource.  Below you will find a short description of four very popular Pinehurst golf communities, along with a link to current home listings within each community.   Take a look at current Pinehurst area golf club dues and fees .Pinehurst No. 6 -  One of the largest Pinehurst subdivisions in the area, Pinehurst No. 6 is located less than a mile north of the Pinehurst traffic circle on Hwy. 15/501 heading toward Carthage.  No.6 residents enjoy great golf and water views of the popular Tom Fazio designed Pinehurst No. 6 golf course.   Click here to read more about No. 6 and search for current listings.  ...
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Only two miles west of the Village of Pinehurst off Linden Road, you will find the Clarendon Gardens subdivision. If you are searching for real estate in Pinehurst and prefer private settings, larger lots, and more rural surroundings, you will want to consider homes for sale in Clarendon Gardens.  Many lots in Clarendon Gardens are over an acre, and home sizes range between about 2,000 s.f. to 3,500 s.f.  Building began in the subdivision around 1970, but you will find both a wide range of home designs and ages.  Current prices for listings and recent sales range between about $250,000 to $550,000.  Click here to view detailed listing information on current properties for sale in Clarendon Gardens.This information was provided by Todd Kenthack, a Broker/REALTOR with The Cox Connection i...
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By Todd Kenthack, MBA, GRI
(The Pines Realty)
The following is provided by Broker/REALTOR Todd Kenthack of The Pines Realty, an independent real estate firm located in Pinehurst, NC.  You can reach Todd anytime at (910) 603-9050, or by emailing him at Todd@golfhomesinpinehurst.com.  To learn more about Pinehurst Real Estate, go to http://www.golfhomesinpinehurst.com/. If you're considering Real Estate in Pinehurst and have a preference for historic homes, you will definitely want to take a closer look at Old Town Pinehurst.  Located in and around the center of the Village of Pinehurst, homes in Old Town are characterized by their historic preservation.  You will find a nice mix a elegant colonials, historic cottages and very stately custom homes throughout Old Town--many with fine interior an exterior renovations and improvements. ...
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If you are seeking a brand new luxury Pinehurst townhome with tons of space and many interior and exterior added features, you may want to take a closer look at the Villas at Forest Hills.  This new subdivision is conveniently located off of Morganton Road in Pinehurst, very close to popular local shopping destinations in Southern Pines and the Village of Pinehurst.  Buyers looking for higher-end condos in Pinehurst ought to consider the Villas at Forest Hills.  These villas are quite large compared to most other similar Pinehurst Real Estate offering: the three bedroom units are over 2,400 square feet and many have three full baths; the four bedroom units are over 3,000 square feet and come with three full baths.  All units have 2-car attached garages.   Plus, all the units come with b...
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