National and Local Housing Markets Gaining Traction... Existing home sales in Moore County, NC rose in June to the same level as June 2008, according to the Pinehurst-Southern Pines Association of REALTORS® Nationally, new home sales rose last month at the fastest pace in more than eight years,
...
07/29/2009
The Wall Street Journal reported that new-home sales increased 11% in June from the previous month, the third increase in a row. Sales rose to 384,000 at a seasonally adjusted annual rate, the highest level since November, supplying fresh evidence housing is beginning to stabilize after falling o
...
07/27/2009
U.S. home market shows 'encouraging' signs | USA Today An article recently appeared in USA Today titled: "U.S. home market shows 'encouraging' signs" and goes on to say: Home sales last month rose 3.6% to a seasonally adjusted annual rate of 4.89 million properties with gains seen in all major re
...
07/25/2009
Second homes: Pinehurst, NC Come for the golf, stay for the lifestyle. Travel and Leisure Golf has awarded Pinehurst Resort top honors for the second year in a row, and the third time in the last four years. Meanwhile Golf Digest has ranked Pinehurst North Carolina as the No. 2 golf town in the U
...
07/24/2009
Signs of Housing Market Stability?... July 21, 2009 - RISMEDIA reports that the U.S. housing market continues to show signs of stabilization with a drop in the number of Multiple Listing Service (MLS)-listed homes for the twelfth consecutive month. The number of single family homes and condos lis
...
07/21/2009
First Time Homebuyer's Tax Credit Can Now Help Cover Closing Costs The Secretary of Housing and Urban Development has announced that HUD will allow "monetization" of the tax credit. What that means is that HUD will allow buyers to apply their anticipated tax credit toward their home purchase imme
...
07/20/2009
If you are struggling to maintain sales in a down housing economy... Just know that you are not alone! Practitioners across the nation are saying that the new federal regulations on appraisals, that went into effect May 1, are impeding the markets recovery. HVCC rules were intended to stop collus
...
07/20/2009
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 Reg
...
07/06/2009
Community Profile Carthage, NC The center of Moore County since 1784, 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 th
...
07/06/2009
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,
...
07/06/2009
