Pinehurst Real Estate Guide

Obama Signs Extension and Expansion of Home Buyer Tax Credit

Wayne and Lynda Gomillion (Hagan & Hagan GMAC Real Estate) — Thu, 12 Nov 2009 00:20:03 -0600

New legislation, click here for details, extends the $8,000 tax credit to the end of April 2010 and includes the following changes:

*Sales contract deadline is April 30th 2010 and the transaction completed by June 30, 2010.

* Income limits have been increased from $75,000 for single people and $150,000 for couples, to $125,000 and $225,000 respectively.

* Buyers who have lived in their current home for the last 5 years would be eligible for up to a $6500 tax credit (or 10% of the purchase price).

* The maximum allowed home purchase price would be capped at $800,000.

* Military personnel, deployed overseas for a minimum of 90-days in 2008 or 2009, would have until April 30, 2011 to claim the tax credit.

* To combat fraud, a HUD-1 Settlement Statement will have to be attached to the tax return to secure the credit.

You may be thinking: I’m not buying…. so, why should I care?

The revision and expansion is good for first-time buyers and all homeowners.

As first timers move into the market it takes pressure off the resale inventory. To the extent that existing homeowners who want to move up probably have to sell their existing home, this new credit can have a dramatic impact as in some areas up to 40% of all home sales have involved first time buyers.

Foreclosures are impacting the value of your home even if you can't see it happening. First-Timers generally buy at the low end of the market and will absorb these abandoned homes. Those who are currently homeowners and want a new home stimulate the economy before during and right after a move and the $6500 credit again will have an impact.

Studies have shown that first-time buyers have a significant impact on the local economy and contribute in other socially positive ways.

A thriving resale market helps maintain home prices as they recover from the recent downfall. If the new tax credit works as well, it could aid the sales of hundreds of thousands of additional homes, sopping up more of the excess inventory. And that's exactly what you want to happen: Home values will not stabilize and increase until the inventory of homes for sale is diminished.

Feel free to contact us for information on current market conditions and home values in the Pinehurst, NC area.

Thank you for your interest and the privilege of serving you!

With our highest regard,

Wayne and Lynda Gomillion
Trusted Names in 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 | PinehurstHomeTeam.com | PinehurstAreaRealEstateBlog

GMAC Real Estate... Rebranding Announcement

Wayne and Lynda Gomillion (Hagan & Hagan GMAC Real Estate) — Wed, 11 Nov 2009 13:24:55 -0600

In September 2008, Brookfield announced it was buying GMAC's home-services unit and picking up about 1,500 offices in North America and nearly 30,000 employees.

Brookfield said in a statement it is rebranding its GMAC Real Estate division, which it's acquired from the trouble financing arm of General Motors last year, as Real Living to create a new franchise with more than US$20-billion in annual home sales.

Brookfield Residential Property Services says it will add Real Living's 2,000 brokers and sales associates to its existing real estate network of 30,000 real estate professionals.

Real Living says it will not change its core real estate business in and around Columbus, Ohio, it has essentially sold Brookfield the right to use its brand and technology across the rest of the U.S. as well as Canada.

In Canada, Brookfield controls real estate giant Royal LePage and the company has thus far made no mention of altering that brand to make it more like Real Living.

In spite of the fact that real estate is a localized business and GMAC created and branded a client centric philosophy, Premier Service and Quality Service Certification, which we strongly embraced, many GMAC Real Estate franchise holders, across our nation will be happy to distance them selves from the General Motors name affiliation.

With our highest regard,

Wayne and Lynda Gomillion
Trusted Names in 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 | PinehurstAreaRealEstateBlog

Substantially increase your business through referrals....

Wayne and Lynda Gomillion (Hagan & Hagan GMAC Real Estate) — Tue, 10 Nov 2009 22:08:00 -0600

A survey of more than 2,000 businesspeople from more than four countries revealed that the top five essential traits of a master networker include…

1.) Follow-up. The number one trait of all master networkers is they follow up on the referrals they receive.

2.) Positive Attitude. Positive business professionals are like magnets… Others want to be around them and will refer their friends and family to them.

3.) Enthusiasm and motivation. The best sales characteristic is enthusiasm. Once you’ve gained the respect of your fellow networkers your contacts will sell you to others.

4.) Trustworthiness. When you refer someone, you risk your credibility. It’s ludicrous to believe someone will refer a contact to a person who is not trustworthy.

5.) Good Listening Skills. Ultimately your success as a networker will depend on how well you communicate. The faster you and your networking partner learn what you need to know about each other, the faster you’ll establish a valuable relationship.

Fine-tuning your follow-up strategy will greatly enhance your mastery of this important aspect of networking. For more information on increasing your business through a structured, positive, and professional "word-of-mouth" program that can enable you to develop long-term, meaningful relationships with quality business professionals, go to www.bni.com and seek out a chapter near you.

Think Big and Aim High!

Wayne Gomillion, Broker

(910) 585-2400

Proposed Home Buyer Tax Credit Revisions Move Forward...

Wayne and Lynda Gomillion (Hagan & Hagan GMAC Real Estate) — Fri, 06 Nov 2009 08:47:46 -0600

First-time home buyers have been eligable for tax credits of up to $8,000 since January 2009, as part of the economic stimulus package enacted earlier this year. And as you may know, the current program is scheduled to expire at the end of November 2009.

We're pleased to report the House voted 403-12 Thursday to extend and expand the tax credit to include many buyers who already own homes.

The Senate approved the measure Wednesday, and the White House said the current President would sign it Friday.

Buyers who have owned their current homes at least five years would be eligible for tax credits of up to $6,500. First-time home buyers - or anyone who hasn't owned a home in the last three years - would still get up to $8,000. To qualify, buyers in both groups have to sign a purchase agreement by April 30, 2010, and close by June 30.

The credit is available for the purchase of principal homes costing $800,000 or less, meaning vacation homes are ineligible. The credit would be phased out for individuals with annual incomes above $125,000 and for joint filers with incomes above $225,000.

For members of the military serving outside the United States for at least 90-days, the credit would be extended additional 12-months, until June 30, 2011.

Though the sense of urgency may have dimenshed, for the time being, just know that we remain ready, willing and able to help you find your way home.

Click through the New Home Search banner bellow to access the Pinehurst MLS Power Search to discover all available listings matching your particular wants and needs.

Thank you for your interest and the privilege of serving you!

With our highest regard,

Wayne and Lynda Gomillion
Trusted Names in 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 | PinehurstAreaRealEstateBlog

Pinehurst - Southern Pines REALTORS Sponsor Military Appreciation Day

Wayne and Lynda Gomillion (Hagan & Hagan GMAC Real Estate) — Thu, 05 Nov 2009 20:30:04 -0600

The Pinehurst Southern Pines Area Association of REALTORS is pleased to sponsor Military Appreciation Day as a toke of our gratitude for the service and sacrifice of our military friends and family. The event will be held at Sandhills Bowling Center, 2239 Pinehurst Plaza, Aberdeen, NC 28315.

The fun filled event will be 1:00 PM to 4:00 PM on Saturday, November 7, 2009. Activities include Free Bowling, Food, Clown, Face Painting, Balloons and More! Online Reservation and Military ID required. For additional information please call: (910) 692-8988.

Please contact us to learn about our special cash incentives for military families on the purchase or sale of a home.

Thank you for your interest and the privilege of serving you!

With our highest regard,

Wayne and Lynda Gomillion
Trusted Names in 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 | PinehurstAreaRealEstateBlog

North Carolina No. 1 in the country for its business climate!....

Wayne and Lynda Gomillion (Hagan & Hagan GMAC Real Estate) — Wed, 04 Nov 2009 22:16:15 -0600

North Carolina continues to be ranked No. 1 in Site Selection's annual business climate rankings, eight times in the past nine years. It may be due in part to the states infrastructure of higher learning.

Site Selection magazine has ranked North Carolina No. 1 in the country for its business climate followed by Texas, Virginia, Ohio and Tennessee. The magazine cites new high-tech development and North Carolina's technology-focused academic centers as strengths for business growth. Click here or the magazine cover to read the article.

Moore County North Carolina is a great place to work and live. Offering a rural, low key-key life style but with a level of sophistication and opportunities virtually unavailable anywhere else.

Our primary advantages include a highly desirable location, temperate climate, excellent education system and exceptional healthcare all create the right mix for corporate and private citizens alike.

The unsurpassed quality of life is clearly our greatest asset. Whether it's Pinehurst, Southern Pines, Aberdeen, Carthage or Robins, each town and village offers a unique setting.

Moore County is know as "The Home of American Golf" with Pinehurst hosting the 1999, 2005 and the 2014 US Men's Open and with the 40 plus other premier golf courses throughout the county its no wonder that thousand come to play each year.

The area is also a nationally recognized center for equestrian activities. The Pinehurst Harness Track and nearby Carolina Hors Park at Five Points are among the training and competition facilities enjoyed by riders and spectators alike.

Cultural and recreational amenities easily rivaling those available in metropolitan areas area plentiful. Moore County may be the perfect setting for your business... with the availability of State and local incentives and a skilled and educated workforce that is readily available.

Moore County Partners in Progress is the local economic development organization that offers support and resources to assist you in starting or relocating your business to Moore County, North Carolina.

The local infrastructure includes buildings ranging from flexible offices to 300,000 square-foot industrial facilities, as well as state certified industrial sites, ranging in size from .5 acres to over 1,100 acres. Rail is readily accessible and major highway expansions are in progress.

Moore County offers... 7th lowest NC Property Tax Rate; Low crime (33% lower then the NC state average); State-Designated Economic Development Zone in Southern Pines, Easy access to Research Triangle Park, Raleigh, Durham and the Triad.

For Moore Real Estate and Relocation Information contact us and request your Free Relocation Report and visit the Moore County Partners in Progress website for Moore Business Information.

Thank you for your interest and the privilege of serving you!

With our highest regard,

Wayne and Lynda Gomillion
Trusted Names in 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 | PinehurstAreaRealEstateBlog

Property Values in North Carolina | Woodlake, NC 28394

Wayne and Lynda Gomillion (Hagan & Hagan GMAC Real Estate) — Sun, 01 Nov 2009 15:48:07 -0600

Community Profile

Situated on the outskirts of Vass, Woodlake is a resort and golf community the covers over 3,000 acres. The Woodlake Country Club has two golf courses, one designed by Dan Maples and the other by Arnold Palmer. The historic clubhouse overlooks the 1,130 acre lake, the largest private man-made lake in North Carolina, offering fine dining with impressive views. The impeccably maintained grounds make Woodlake pleasing to the visitor and resident alike.

Housing Market Update

October 01, 2009 through to October 31, 2009 there were 03 Single Family Homes Sold. Average Sales Price $190,666 Average Days on Market (DOM) 189. During the same time frame there were 01 New Listings entering the market with the Average Asking Price $370,000.

View a full and printable version of the Housing Market Update at our website and please contact us with your questions, comments and referrals.

Click here to search and view all available properties in Woodlake, Vass, NC.

Thank you for your interest and the privilege of serving you!

With our highest regard,

Wayne and Lynda Gomillion
Trusted Names in 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 | PinehurstAreaRealEstateBlog

Property Values in North Carolina | Whispering Pines, NC 28327

Wayne and Lynda Gomillion (Hagan & Hagan GMAC Real Estate) — Sun, 01 Nov 2009 15:39:49 -0600

Community Profile

Centered on Thagard's Lake, Whispering Pines is a private residential golf course development, which in 1969 became the first municipality in the state to be officially designated as a village. The quiet charm, golf, lake activities and country club lifestyle of Whispering Pines has much to offer both young families and active retirees.

Offering eight lakes, three championship golf courses in a tranquil Village setting, Whispering Pines offers close proximity to the towns of Southern Pines and Pinehurst, within a ten minutes drive, offering excellent restaurants, modern shopping plazas, and small quaint specialty shops. Nearby Sandhills Community College offers a wide variety of lectures, concerts and exhibits, including one of the most popular horticultural gardens in the state. Please contact us for more information about Whispering Pines North Carolina.

Housing Market Update

October 01, 2009 through to October 31, 2009 there were 06 Single Family Homes Sold. Average Sales Price $186,333. Average Days on Market (DOM) 133. During the same time frame there were 12 New Listings entering the market with the Average Asking Price $286,183.

View a full and printable version of the Housing Market Update at our website and please contact us with your questions, comments and referrals.

Click here to search and view all available properties in Whispering Pines, NC.

Thank you for your interest and the privilege of serving you!

With our highest regard,

Wayne and Lynda Gomillion
Trusted Names in 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 | PinehurstAreaRealEstateBlog

Property Values in North Carolina | Vass, NC 28394

Wayne and Lynda Gomillion (Hagan & Hagan GMAC Real Estate) — Sun, 01 Nov 2009 15:33:37 -0600

Housing Market Update

October 01, 2009 through to October 31, 2009 there were 02 Single Family Homes Sold. Average Sales Price $80,900 Average Days on Market (DOM) 143. During the same time frame there were 05 New Listings entering the market with the Average Asking Price $356,380.

View a full and printable version of the Housing Market Update at our website and please contact us with your questions, comments and referrals.

Click here to search and view all available properties in Vass, NC.

Thank you for your interest and the privilege of serving you!

With our highest regard,

Wayne and Lynda Gomillion
Trusted Names in 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 | PinehurstAreaRealEstateBlog

Property Values in North Carolina | Southern Pines, NC 28387

Wayne and Lynda Gomillion (Hagan & Hagan GMAC Real Estate) — Sun, 01 Nov 2009 15:24:24 -0600

Community Profile

Southern Pines, North Carolina is a jewel of the South and widely known for its flourishing equestrian community as well as the relaxing rhythm and eclectic mix of quaint to sophisticated shopping and dining experiences. Southern Pines offers something for everyone with personal residences ranging from upscale family sized homes in quiet and gracious neighborhoods to somewhat smaller scaled homes, suitable for empty nesters, active retirees and first time home buyers. As you leave the tree lined streets of the business community you'll discover the area locals refer to as "horse country" and there you find a collection of over 400 horse farms of various sizes, in one of the major equestrian centers in the eastern United States. Whether youre interested in golfing communities, equestrian properties or an active retiree venue, Southern Pines, North Carolina is definitely worth your time.

Housing Market Update

October 01, 2009 through to October 31, 2009 there were 18 Single Family Homes Sold. Average Sales Price $210,308. Average Days on Market (DOM) 131. During the same time frame there were 53 New Listings entering the market with the Average Asking Price $377,306.

View a full and printable version of the Housing Market Update at our website and please contact us with your questions, comments and referrals.

Click here to search and view all available properties in Southern Pines, NC

Thank you for your interest and the privilege of serving you!

With our highest regard,

Wayne and Lynda Gomillion
Trusted Names in 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 | PinehurstAreaRealEstateBlog

Property Values in North Carolina | Seven Lakes, NC 27376

Wayne and Lynda Gomillion (Hagan & Hagan GMAC Real Estate) — Sun, 01 Nov 2009 15:16:25 -0600

Community Profile

Seven Lakes is a private and gated community featuring two country clubs. Member owned, the Seven Lakes Country Club features a beautiful and challenging 18 hole championship course and offers one of the best tennis programs in North Carolina. The Beacon Ridge Country Club is owned and operated by the developer and also offers an 18 hole golf course with hartrue tennis courts and swimming pool. Amenities in Seven Lakes include several private lakes, Lake Auman is the largest and is 1000+ acres in size and is suitable for power boats and has a marina with private beach. In addition there are community horse stables, tennis courts, club houses, resturant, and country clubs. The Seven Lakes also offers swimming pools and a privately owned fitness center and is located minutes away from a top ranked medical facility, First Health Moore Regional Hospital, an exceptional medical facility, which is one of many valid reasons to the Seven Lakes area in beautiful Moore County, North Carolina.

Housing Market Update

October 01, 2009 through to October 31, 2009 there were 11 Single Family Homes Sold. Average Sales Price $289,850. Average Days on Market (DOM) 161. During the same time frame there were 17 New Listings entering the market with the Average Asking Price $293,017.

View a full and printable version of the Housing Market Update at our website and please contact us with your questions, comments and referrals.

Click here to search and view all available properties in Seven Lakes, NC

Thank you for your interest and the privilege of serving you!

With our highest regard,

Wayne and Lynda Gomillion
Trusted Names in 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 | PinehurstAreaRealEstateBlog

Property Values in North Carolina | Pinehurst, NC 28374

Wayne and Lynda Gomillion (Hagan & Hagan GMAC Real Estate) — Sun, 01 Nov 2009 09:10:02 -0600

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 PGA Golf Tour to the Tour-de-Moore bicycling race, there's always something to do.

Housing Market Update

October 01, 2009 through to October 31, 2009 there were 25 Single Family Homes Sold. Average Sales Price $264,226. Average Days on Market (DOM) 183. During the same time frame there were 74 New Listings entering the market with the Average Asking Price $419,030.

View a full and printable version of the Housing Market Update at our website and please contact us with your questions, comments and referrals.

Click here to search and view all available properties in Pinehurst, NC

Thank you for your interest and the privilege of serving you!

With our highest regard,

Wayne and Lynda Gomillion
Trusted Names in 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 | PinehurstAreaRealEstateBlog

Property Values in North Carolina | Foxfire, NC 27281

Wayne and Lynda Gomillion (Hagan & Hagan GMAC Real Estate) — Sun, 01 Nov 2009 09:02:08 -0600

Community Profile

Foxfire, NC is a scenic golfing resort and residential community that sits on one of Moore County's highest elevations. Centrally located between Pinehurst and Seven Lakes this quiet community offers beautiful golf courses and the relaxing atmosphere of country lanes and lakes, but is located just minutes from the area's centers of activity.

Housing Market Update

October 01, 2009 through to October 31, 2009 there were 02 Single Family Homes Sold. Average Sales Price $492,500. Average Days on Market (DOM) 568. During the same time frame there were 05 New Listings entering the market with the Average Asking Price $328,990.

View a full and printable version of the Housing Market Update at our website and please contact us with your questions, comments and referrals.

Click here to search and view all available properties in Foxfire, NC

Thank you for your interest and the privilege of serving you!

With our highest regard,

Wayne and Lynda Gomillion
Trusted Names in 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 | PinehurstAreaRealEstateBlog

Property Values in North Carolina | Carthage, NC 28327

Wayne and Lynda Gomillion (Hagan & Hagan GMAC Real Estate) — Sun, 01 Nov 2009 08:55:20 -0600

Community Profile

Carthage, NC founded in 1784, is the county seat for Moore County. Carthage was once home to the world-renowned Tyson and Jones Buggy factory. Revisited annually during the its Buggy Festival, this era brought Carthage great prosperity that can still be felt throughout the area and seen in the numerous historic buildings of Carthage.

Housing Market Update

October 01, 2009 through to October 31, 2009 there were 04 Single Family Homes Sold. Average Sales Price $102,375. Average Days on Market (DOM) 85. During the same time frame there were 07 New Listings entering the market with the Average Asking Price $181,957.

View a full and printable version of the Housing Market Update at our website and please contact us with your questions, comments and referrals.

Click here to search and view all available properties in Carthage, NC

Thank you for your interest and the privilege of serving you!

With our highest regard,

Wayne and Lynda Gomillion
Trusted Names in 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 | PinehurstAreaRealEstateBlog

Property Values in North Carolina | Cameron, NC 28326

Wayne and Lynda Gomillion (Hagan & Hagan GMAC Real Estate) — Sat, 31 Oct 2009 16:58:02 -0500

Housing Market Update

October 01, 2009 through to October 31, 2009 there were 00 Single Family Homes Sold. Average Sales Price $000,000. Average Days on Market (DOM) 000. During the same time frame there were 02 New Listings entering the market with the Average Asking Price $146,450.

View a full and printable version of the Housing Market Update at our website and please contact us with your questions, comments and referrals.

Click here to search and view all available properties in Cameron, NC

Thank you for your interest and the privilege of serving you!

With our highest regard,

Wayne and Lynda Gomillion
Trusted Names in 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 | PinehurstAreaRealEstateBlog

Property Values in North Carolina | Aberdeen NC 28315

Wayne and Lynda Gomillion (Hagan & Hagan GMAC Real Estate) — Sat, 31 Oct 2009 16:46:57 -0500

Community Profile

Aberdeen, NC is a pleasant town nestled among long leaf pines and world renowned golf. Originally named Blue's Crossing, Aberdeen was settled in the 1700's by Scottish emigrants and today is the delight of railroad buffs, historians, artists and golfers. Aberdeen's National Register historic district features antiques, collectibles, art exhibits, unique gift shops and cafes where the charm of another century lives on as you stroll down the sidewalks of this quaint little railroad town steeped in history.

Housing Market Update

October 01, 2009 through to October 31, 2009 there were 06 Single Family Homes Sold. Average Sales Price $150,157. Average Days on Market (DOM) 171. During the same time frame there were 13 New Listings entering the market with the Average Asking Price $248,000.

Click here to search and view all available properties in Aberdeen, NC

View a full and printable version of the Housing Market Update at our website and please contact us with your questions, comments and referrals.

Thank you for your interest and the privilege of serving you!

With our highest regard,

Wayne and Lynda Gomillion
Trusted Names in 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 | PinehurstAreaRealEstateBlog

Moore County NC Property Values

Wayne and Lynda Gomillion (Hagan & Hagan GMAC Real Estate) — Sat, 31 Oct 2009 16:33:07 -0500

Community Profile

Moore County is located in North Carolina and as of 2000, the population was 74,769. The county seat is Carthage.

Founded in 1784, it was named for Alfred Moore, an officer in the American Revolutionary War and associate justice of the Supreme Court of the United States.

Moore County has many golf resorts in the Southern Pines/Pinehurst area, and has played host to the 1996 and 2001 Women's U.S. Opens as well as the 1999 and 2005 Men's U.S. Opens. The Women's Open returned to Southern Pines in 2007.

As a result of the area's rare combination of prestige and isolation, many celebrities escape to this area from time to time. Among those who frequent or have private homes in the area are Michael Jordan, Tiger Woods, Jack Nicklaus, and Sean Connery. Past residents of the area include Annie Oakley, Adlai Stevenson, Harvey Firestone, and John D. Rockefeller.

According to the U.S. Census Bureau, the county has a total area of 1,828 km² (706 sq mi). 1,807 km² (698 sq mi) of it is land and 21 km² (8 sq mi) of it (1.13%) is water.

As of the census² of 2000, there were 74,769 people, 30,713 households, and 21,959 families residing in the county. The population density was 41/km² (107/sq mi). There were 35,151 housing units at an average density of 19/km² (50/sq mi). The racial makeup of the county was 80.25% White, 15.50% Black or African American, 0.68% Native American, 0.44% Asian, 0.05% Pacific Islander, 2.20% from other races, and 0.88% from two or more races. 3.99% of the population were Hispanic or Latino of any race.

By 2005 78.0% of the county population was non-Hispanic whites. 5.1% of the population was Latino. 14.8% of the population was African-American.

There were 30,713 households out of which 26.70% had children under the age of 18 living with them, 58.10% were married couples living together, 10.20% had a female householder with no husband present, and 28.50% were non-families. 24.90% of all households were made up of individuals and 11.30% had someone living alone who was 65 years of age or older. The average household size was 2.38 and the average family size was 2.81.

In the county the population was spread out with 22.10% under the age of 18, 6.60% from 18 to 24, 25.80% from 25 to 44, 23.80% from 45 to 64, and 21.80% who were 65 years of age or older. The median age was 42 years. For every 100 females there were 93.00 males. For every 100 females age 18 and over, there were 89.80 males.

The median income for a household in the county was $41,240, and the median income for a family was $48,492. Males had a median income of $31,260 versus $23,526 for females. The per capita income for the county was $23,377. About 8.00% of families and 11.40% of the population were below the poverty line, including 16.60% of those under age 18 and 10.10% of those age 65 or over.

Cities and towns found in Moore County include: Cameron, Carthage, Foxfire, Pinebluff, Pinehurst, Robbins, Seven Lakes, Southern Pines, Taylortown, Vass, West End and Whispering Pines.

Housing Market Update

October 01, 2009 through to October 31, 2009 there were 82 Single Family Homes Sold. Average Sales Price $221,871 Average Days on Market (DOM) 165. During the same time frame there were 195 New Listings entering the market with the Average Asking Price $357,929.

View a full and printable version of the Housing Market Update at our website and please contact us with your questions, comments and referrals.

Thank you for your interest and the privilege of serving you!

With our highest regard,

Wayne and Lynda Gomillion
Trusted Names in 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 | PinehurstAreaRealEstateBlog

Breaking news on the Homebuyers Tax Credit...

Wayne and Lynda Gomillion (Hagan & Hagan GMAC Real Estate) — Thu, 29 Oct 2009 12:46:46 -0500

There is breaking news on the tax credit and the highlight is... there may well be a credit for EXISTING homeowners ($6500). We are tracking the issue as you read this...

Under the compromise reached Wednesday, the existing $8,000 credit would be extended for first-time home buyers who sign a contract for a home by the end of April 2010 and close by the end of June.

It also creates a $6,500 credit for people who buy a home but have owned a home for at least five consecutive years out of the past eight years.

The income limit would be raised to $125,000 a year for individuals and $225,000 for married couples, up from the current income limits of $75,000 and $150,000, respectively.

Check our blog often for the latest information on this and other important Real Estate Matters!

For information about North Carolina Real Estate and Relocation c ontact us or page down to visit the Real Estate Intelligence Network for a collection of resources designed to empower buyers and sellers of real estate in the Pinehurst Pinehurst North Carolina area.

With our highest regard,

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 | PinehurstAreaRealEstateBlog

New Homebuyer Tax Credit Update...

Wayne and Lynda Gomillion (Hagan & Hagan GMAC Real Estate) — Wed, 28 Oct 2009 17:27:43 -0500

This is an important week in the lobbying efforts of the National Association of REALTORS® who are working to extend the homebuyer tax credit. The Senate Finance Committee is expected to consider an amendment to an unemployment insurance bill that would extend the homebuyer tax credit to the middle of 2010, increase the income limits, and remove the first-time homebuyer restriction.

As the Nov. 30th deadline for the current Homebuyer Tax Credit draws near, North Carolina REALTORS® continue to make their voice heard in Congress. So far, almost 170,000 responses have been generated across the country with approximately 7,000 of those from right here in North Carolina.

While REALTOR participation has been significant thus far, it is still incredibly important for ALL REALTORS® to continue generating emails to Members of Congress on this issue. If you, or someone you know has not yet taken action, please take a moment right to encourage Congress to extend and expand the current Homebuyer Tax Credit.

Its EZ to access the Call for Action by clicking through our copy and past the following url and entering your membership information on the right hand side of the screen:

http://takeaction.realtoractioncenter.com/campaign/hbtc?qp_source=actionsplash

If on the other hand you are NOT a REALTOR® and thinking of taking advantage of the existing tax credit (which is a sure thing), motivated sellers, good inventory and historically low interest rates there has never been a better time to invest in the Greater Pinehurst North Carolina area.

With our highest regard,

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."

Original Post North Carolina Association of REALTORS®

Are You Interested in Increasing Visibility and Traffic to Your Website and/or Blog?

Wayne and Lynda Gomillion (Hagan & Hagan GMAC Real Estate) — Tue, 27 Oct 2009 23:33:16 -0500

We offer a 3-way link exchange with real estate and relocation relevant websites and prefer 3-way linking simply because it is better then reciprocal linking between two websites.

How the 3-way strategy works: Provide a link to our home page http://www.pinehursthometeam.com and in return we provide a link back to your home page from a comparably ranked and relevant webpage: http://www.pinehurst-nc.us/Resource_Directory.htm

Please let us know if you would be interested in participating in this highly effective way of increasing traffic to your sight, by installing the live link and emailing us with the page link for our verification purposes, and we'll reciprocate within 24-hours.

Please use the following information for our link...

Link URL: http://www.pinehursthometeam.com

Link Text: Pinehurst, NC area Homes and real estate for sale in Pinehurst, North Carolina

Link Description: Real estate and relocation information and services for Moore County. Search the Pinehurst MLS for properties, obtain free relocation and school information, housing market reports and more! The Pinehurst Home Team are NC licensed real estate brokers.

Thanks in advance for linking with us!

Spooktacular Halloween Gala at Pinehurst, NC

Wayne and Lynda Gomillion (Hagan & Hagan GMAC Real Estate) — Tue, 27 Oct 2009 01:30:55 -0500

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 | PinehurstAreaRealEstateBlog

Another Housing Bailout on the Horizon?

Wayne and Lynda Gomillion (Hagan & Hagan GMAC Real Estate) — Tue, 20 Oct 2009 23:21:40 -0500

The current administration has announced still another initiative in an effort to prop up the housing market.

Declining to put a pricetag on the program and insisting there would be no cost to taxpayers, officials unveiled a plan to aid state and local housing finance agencies, which provide mortgages to first-time and lower-income homebuyers and enable the development or rehabilitation of rental properties.

Treasury Secretary Tim Geithner said: "This initiative is critical to helping working families maintain access to affordable rental housing and homeownership in tough economic times."

Under this new initiative, the Treasury Department, along with Fannie Mae and Freddie Mac, will purchase housing bonds issued by the finance agencies. This will give the groups the funding needed to make new loans. Also, the government will provide a temporary credit program to allow the agencies to refinance their existing bonds to more favorable terms.

The measure will enable housing agencies to lend to hundreds of thousands of families and enable the development or rehabilitation of tens of thousands of rental units, administration officials said. The agencies operate in all 50 states and in many cities.

Click for further information, from CNN Money, and contact us to lean how you can benefit from this unique opportunity!

With our highest regard,

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 | PinehurstAreaRealEstateBlog

NC Horse Farm Tour - Southern Pines, North Carolina

Wayne and Lynda Gomillion (Hagan & Hagan GMAC Real Estate) — Sun, 18 Oct 2009 23:53:10 -0500

October 18 from 11:00AM - 4:00PM

The highly successful 2008 Horse Farm Tour, attracted nearly 650 people, the most number of visitors yet of any year this event has been held.

Come... travel down the back roads of Southern Pines on a self-guided excursion through scenic Sandhills horse country, and discover why each fall horse owners from the north and Midwest bring their jumpers, hunters, and dressage horses to the area.

Proceeds to benefit Prancing Horse, Inc. Therapeutic Riding Center.

Tour starts at: The Equine Health Center, 6045 US Highway 1 North (Across from Hyland Hills)

Along the way you'll enjoy...

Many unique and beautiful farms
Handsome horses, ponies and carriages
New and remodeled barns
Tranquil pastures
Equine demonstrations

Please contact us for more information about North Carolina Horse Farms in the Pinehurst and Southern Pines NC areas.

With our highest regard,

Wayne and Lynda Gomillion
Trusted Names in 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 | PinehurstAreaRealEstateBlog

Pinehurst, NC Makes 2009 List of Best Boomer Towns

Wayne and Lynda Gomillion (Hagan & Hagan GMAC Real Estate) — Sun, 18 Oct 2009 02:35:28 -0500

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 Magazine ranked Pinehurst NC in the Top Five Best Places to Retire.

Whatever your passion, the Pinehurst North Carolina area is a great place to call home.

Please contact us to learn more!

With our highest regard,

Wayne and Lynda Gomillion
Trusted Names in 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 | PinehurstAreaRealEstateBlog

Holly Arts & Crafts Festival, Pinehurst, NC

Wayne and Lynda Gomillion (Hagan & Hagan GMAC Real Estate) — Sun, 18 Oct 2009 01:42:13 -0500

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 Gomillion
Trusted Names in 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 | PinehurstAreaRealEstateBlog