broker: Woodlake, Vass, NC | March 2008 Housing Market Update
- 03/03/08 04:37 AM
Woodlake | From 02/01/08 through to 02/29/08 there were 03 Single Family Homes Sold, the Average Sales Price $225,816 and the Average Days on Market (DOM) was 95. During the same time frame there were 08 New Listings entering the market, at an Average Asking Price of $507,856. Visit our website to download a printable version of this report and more at PinehurstHomeTeam.com 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." Member of the Real Estate Intelligence Network http://www.pinehurst-nc.us/ | http://www.pinehursthometeam.com/ | http://www.pinehurstrealestate.us/
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broker: Whispering Pines, NC | March 2008 Housing Market Update
- 03/01/08 06:07 AM
Whispering Pines | From 02/01/08 through to 02/29/08 there were 04 Single Family Homes Sold, the Average Sales Price $221,475 and the Average Days on Market (DOM) was 88. During the same time frame there were 22 New Listings entering the market, at an Average Asking Price of $285,040. Visit our website to download a printable version of this report and more at PinehurstHomeTeam.com 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." Member of the Real Estate Intelligence Network http://www.pinehurst-nc.us/ | http://www.pinehursthometeam.com/ | http://www.pinehurstrealestate.us/
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broker: Southern Pines, NC | March 2008 Housing Market Update
- 03/01/08 06:03 AM
Southern Pines | From 02/01/08 through to 02/29/08 there were 13 Single Family Homes Sold, the Average Sales Price $213,884 and the Average Days on Market (DOM) was 179. During the same time frame there were 48 New Listings entering the market, at an Average Asking Price of $352,748. Visit our website to download a printable version of this report and more at PinehurstHomeTeam.com 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." Member of the Real Estate Intelligence Network http://www.pinehurst-nc.us/ | http://www.pinehursthometeam.com/ | http://www.pinehurstrealestate.us/
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broker: Seven Lakes West, NC | March 2008 Housing Market Update
- 03/01/08 06:00 AM
Seven Lakes West | From 02/01/08 through to 02/29/08 there were 07 Single Family Homes Sold, the Average Sales Price $219,142 and the Average Days on Market (DOM) was 134. During the same time frame there were 26 New Listings entering the market, at an Average Asking Price of $402,601. Visit our website to download a printable version of this report and more at PinehurstHomeTeam.com 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." Member of the Real Estate Intelligence Network http://www.pinehurst-nc.us/ | http://www.pinehursthometeam.com/ | http://www.pinehurstrealestate.us/
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broker: Pinehurst, NC | March 2008 Housing Market Update
- 03/01/08 05:53 AM
Pinehurst | From 02/01/08 through to 02/29/08 there were 23 Single Family Homes Sold, the Average Sales Price $258,595 and the Average Days on Market (DOM) was 26. During the same time frame there were 77 New Listings entering the market, at an Average Asking Price of $291,925. Visit our website to download a printable version of this report and more at PinehurstHomeTeam.com 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." Member of the Real Estate Intelligence Network http://www.pinehurst-nc.us/ | http://www.pinehursthometeam.com/ | http://www.pinehurstrealestate.us/
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broker: Moore County, NC | March 2008 Housing Market Update
- 03/01/08 05:51 AM
Moore County | From 02/01/08 through to 02/29/08 there were 71 Single Family Homes Sold, the Average Sales Price $246,373 and the Average Days on Market (DOM) was 166. During the same time frame there were 255 New Listings entering the market, at an Average Asking Price of $322,336. Visit our website to download a printable version of this report and more at PinehurstHomeTeam.com 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." Member of the Real Estate Intelligence Network http://www.pinehurst-nc.us/ | http://www.pinehursthometeam.com/ | http://www.pinehurstrealestate.us/
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broker: Foxfire, NC | March 2008 Housing Market Update
- 03/01/08 05:42 AM
Foxfire | From 02/01/08 through to 02/29/08 there were 04 Single Family Homes Sold, the Average Sales Price $175,225 and the Average Days on Market (DOM) was 80. During the same time frame there were 03 New Listings entering the market, at an Average Asking Price of $265,966. Visit our website to download a printable version of this report and more at PinehurstHomeTeam.com 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." Member of the Real Estate Intelligence Network http://www.pinehurst-nc.us/ | http://www.pinehursthometeam.com/ | http://www.pinehurstrealestate.us/
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broker: Carthage, NC | March 2008 Housing Market Update
- 03/01/08 05:38 AM
Carthage | From 02/01/08 through to 02/29/08 there were 00 Single Family Homes Sold, the Average Sales Price $000,000 and the Average Days on Market (DOM) was 00. During the same time frame there were 01 New Listings entering the market, at an Average Asking Price of $64,500. Visit our website to download a printable version of this report and more at PinehurstHomeTeam.com 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." Member of the Real Estate Intelligence Network http://www.pinehurst-nc.us/ | http://www.pinehursthometeam.com/ | http://www.pinehurstrealestate.us/
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broker: Aberdeen, NC | March 2008 Housing Market Update
- 03/01/08 05:33 AM
Aberdeen | From 02/01/08 through to 02/29/08 there were 04 Single Family Homes Sold, the Average Sales Price $154,925 and the Average Days on Market (DOM) was 143. During the same time frame there were 17 New Listings entering the market, at an Average Asking Price of $191,291. Visit our website to download a printable version of this report and more at PinehurstHomeTeam.com 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." Member of the Real Estate Intelligence Network http://www.pinehurst-nc.us/ | http://www.pinehursthometeam.com/ | http://www.pinehurstrealestate.us/
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broker: Pitfalls Of Online Searching
- 06/30/07 04:10 PM
An apartment search in any large U.S city can be an intimidating experience. Before you suit up and scour the Internet for your perfect urban oasis, let's consider some potential pitfalls. "But the Internet ad said vintage feel, in-unit laundry and new appliances?" Sometimes management companies or individual owners purposefully embellish Internet ads to generate more traffic to a particular property. Know the area you are searching in so you can understand what is reasonable for that neighborhood. Words like 'vintage' or 'new' can be arbitrary. Pictures can be deceiving. Often times the apartment picture you see with the large kitchen … (0 comments)
broker: Housing Counsel: The Quagmire Called Square Footage
- 06/30/07 03:15 PM
Question: We are under contract to purchase a downtown condominium unit. This is a resale situation. The seller's real estate agent has represented the unit to contain 860 square feet. However, when my wife and I physically measured the apartment, we can only come up with 830 square feet. Is there a formal method of making these measurements? Obviously, we do not want to pay for more than we are actually getting. Answer: There is an old expression that when there are two lawyers, there will be three opinions. In real estate, when you are trying to analyze square footage, you … (1 comments)
broker: Should Home Sales Prices Be Kept Secret?
- 06/19/07 10:52 PM
While most states do disclose prices one way or another, some still don't. Previously we lived and practiced real estate in Utah, a non-disclosure state and we now reside in North Carolina, which is a disclosure state, so we've experienced both. Whats really interesting is in the Pinehurst, NC area, many of the communities do not allow for sale signs... But thats another topic in itself. Here are a few questions that we would like to get your input on... 1.) Do you feel nondisclosure benefits the consumer? 2.) Does nondisclosure benefit the real estate industry? 3.) Do you live in a nondisclosure state and where do you weigh … (15 comments)
broker: Home foreclosures up 90% from a year earlier...
- 06/14/07 04:13 PM
Home foreclosures in May jumped 90% from a year earlier, reflecting a poor spring housing market and foreshadowing even higher levels later in 2007, real estate data firm RealtyTrac said Tuesday. (Source: CNNMoney.com) Click Here for the Rest of the Story and visit PinehurstHomeTeam.com for information on other real estate and relocation 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. … (1 comments)
broker: Making Sense of Zero Cost Refinance Programs...
- 06/14/07 04:06 PM
Wildly popular in some geographic areas... Virtually unheard of in others, the zero cost refinance program can sometimes be misunderstood, and it's the the borrower who is most often affected. Simply put, qualified borrowers forego the payment of the traditional closing costs associated with a refinance in exchange for a slightly higher interest rate... usually about one quarter percent. These closing costs include such items as title insurance, county recording fees, appraisal fees, lender underwriting fees, attorney settlement fees, and so forth. How does it work? It's quite simple. Wholesale lenders are willing to pay the originating mortgage company a fee in exchange for … (1 comments)
broker: North Carolina Relocation | Tax Considerations
- 06/13/07 02:59 PM
Information about some of the differences between North Carolina and federal income tax law as well a information on property taxes, sales and use taxes and inheritance, estate and gift taxes. We've also included information specific to obtaining a drivers license and license plates for your vehicles. Please note that this information is intended for use as a general reference only. North Carolina and Federal Income Tax Differences The calculation of North Carolina taxable income begins with federal taxable income. The federal amount is adjusted for a variety of modifications which can increase or decrease North Carolina taxable income. Additions to Federal Taxable … (0 comments)
broker: The ugly truth about selling real estate...
- 05/22/07 06:14 AM
Most real estate agents are usually far more concerned about generating new listings than they are about selling the homes they've already listed. After taking a listing, they often become much more difficult to contact as the time it takes for returned calls goes from minutes... to hours... or even days. Providing clients with timely feedback on the progress they are making is a very low priority item. This is especially true when the listing agent is making too little or no progress on selling the home... The seller quickly becomes the last person they have any interest in talking with. So often agents … (2 comments)
broker: Mixed Messages For Real Estate Buyers
- 05/06/07 06:35 AM
"It's a great time to buy," says the National Association of Realtors (NAR). Alternatively, says NAR, existing home prices in February 2007 were down 1.3 percent when compared with a year earlier. So can this really be a great time to buy if home values are falling? The answer is yes. Increased real estate ownership is a national goal which has produced helpful and useful national policies. For instance, we encourage homeownership by tilting the tax system to favor owners. As a property owner you can write off property taxes, you can deduct mortgage interest in most cases and when you … (0 comments)
broker: Window of Opportunity
- 05/06/07 06:29 AM
As anyone who's ever tried to sell a house will tell you, bad weather can definitely affect your ability to sell a home. If the weather is terrible, nobody comes out to shop, nobody makes offers, and sales numbers fizzle. Well, we've just witnessed the "bad weather" impact on a national scale. After three straight months of steadily rising home sales nationwide, the stretch of stormy and frigid weather that hit many parts of the country in the early Spring took a chunk out of home sales numbers for the month -- they were down by 8.4 percent. The chief economist … (0 comments)
We’re NC real estate brokers and members of “The” Pinehurst Home Team. For nearly two decades we have served the needs of buyers and sellers of single and multifamily properties and offer a friendly, consultative approach to client’s real estate and relocation endeavors. Whether visiting or considering relocation, we encourage you to visit our websites and contact us for more information about the greater Pinehurst North Carolina area and the unparalleled quality of life the area offers.
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