north carolina: Moore County, North Carolina Housing Market Report for November 2006
- 12/28/06 04:28 AM
Housing Market Report: 01-Nov-06 through 30-Nov-06 there were 126 Single Family Home Sales reported with a High Sales Price of $2,100,000; The Average Sales Price $287,265 and the Low Sales Price $17,500. Average Days on Market was 143; During that time there were 165 New Listings entering the market with an Average Listing Price of $323,934. Visit our website PinehurstHomeTeam.com to download a printable version of this and other reports and check back often for updates. Moore County, NC is a pleasant town nestled among long leaf pines and is a mecca for American golf. Offering over 648 holes of golf … (0 comments)
north carolina: Slowing home sales and rising prices in North Carolina
- 12/26/06 06:51 AM
Existing-home sales in North Carolina cooled for the third straight month in November while the average home price inched higher, according to statistics provided by the North Carolina Association of Realtors (NCAR). There were 10,073 home sales recorded last month, off 4 percent from a year ago when 10,453 homes sold. However, year-to-date sales are 4 percent ahead of the same period last year. The statewide average sales price gained 1 percent to $217,615 in November from $214,718 a year ago, and was up from $213,599 in October. The coastal area recieved the brunt of the real estate slowdown where sales in November were down … (1 comments)
north carolina: Carthage, NC | Dec 06 Housing Market Update
- 12/22/06 12:52 PM
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 the numerous historic buildings of Carthage. 01-Nov-06 through 30-Nov-06 there were 2 Single Family Home Sales reported with a High Sales Price of $219,900; The Median Sales Price $129,450 and the Low Sales Price $39,000. Average Days on Market was 202; The List-to-Sales Ratio was 97%. During that time there were 6 New Listings entering the … (1 comments)
north carolina: Southern Pines, NC | Dec 06 Housing Market Update
- 12/18/06 12:48 PM
Southern Pines, NC is a jewel of the South, from the equestrian communities of 400+ horse farms to the sophisticated streets of downtown Southern Pines, this is a city that provides the very best of Southern hospitality. With wonderful restaurants, classic golf courses and fairs and festivals for everyone. 01-Nov-06 through 30-Nov-06 there were 23 Single Family Home Sales reported with a High Sales Price of $650,000; The Median Sales Price $271,000 and the Low Sales Price $65,500. Average Days on Market was 155; The List-to-Sales Ratio was 97%. During that time there were 40 New Listings entering the market with … (0 comments)
north carolina: Pinehurst, NC | Dec 06 Housing Market Update
- 12/16/06 05:16 AM
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. 01-Nov-06 through 30-Nov-06 there were 31 Single Family Home Sales reported with a High Sales Price of $685,000; The Median Sales Price $223,049, and the Low Sales Price $138,500. Average Days on Market was 224; The List-to-Sales Ratio was 96%. During that time there were 82 New Listings entering the market with an Average Listing Price of $417,410. Visit our website PinehurstHomeTeam.com … (0 comments)
north carolina: 3rd Quarter Statistics Confirm Shift in Market Trend
- 11/23/06 12:13 PM
Conditions for home buyers improved during the third quarter as existing single-family home prices in many metropolitan areas experienced corrections, and most states saw sales activity below a year ago which helped to build housing inventories, according to the latest quarterly surveys by the National Association of REALTORS. Nationally, prices for existing homes declined in August compared with the same time in 2005. Although prices dropped less than 2%, it was the first decline in 11 years. In October, the prices of 46% of the homes for sale in the Boston area had been reduced; in April, the figure was 36%. … (0 comments)
north carolina: Holiday Home Buyer Tips
- 11/22/06 10:14 AM
Although you'll find motivated sellers during the holiday season, don't automatically think theirs is a distress sale and they'll accept anything to get out from under the property. Make sure your agent does their homework before making an offer, considering Sold Comparable's from the last six months and more specifically Average Days on Market (DOM), Average List to Sales Ratio, and Average Sold Price per Sq. Ft. Don't be afraid to ask for seller concessions. Some of the more popular can include: closing cost credits, paying mortgage points, homebuyer warranties and transfer tax rebates. When performing a home inspection in wintry weather, it's … (1 comments)
north carolina: Holiday Home Selling Tips
- 11/21/06 05:58 AM
The Holidays are an ideal time to market and sell homes, as most of us respond to the seasonal sights, sounds and smells with warm and fuzzy feelings... And since most homes are bought emotionally, this time of year is an ideal opportunity to build on leverage those sentiments. We're pleased to offer the following tips that can minimize stress while helping you accomplish your sales objective... The optimum time to install exterior holiday decorations is two-three weeks before the holiday. Afterwards, be sure to take them down no later then two weeks after the holiday. Less is more when decorating a home for … (1 comments)
north carolina: The best time to buy a home?
- 11/13/06 06:21 AM
Actually right now be one of the best times. Just consider the following facts... INTEREST RATES NEAR RECORD LOWS Today's interest rates are comparable to 40-year lows, offering homebuyers a once-in-a-lifetime opportunity. LARGE INVENTORY WON'T LAST There are currently 3.75 million homes for sale. We have had a record inventory of homes on the market in recent months, offering consumers the greatest choice in decades. PRICES OVERALL HAVE STABILIZED Contracts for home sales in August are up 4.3 percent and the outlook is for home prices to increase next year.*1 POSITIVE OUTLOOK Former Federal Reserve Chair Alan Greenspan recently said that housing prospects are … (0 comments)
north carolina: America On The Move...
- 11/12/06 03:44 PM
According to the Census Bureau, nearly 40 million people, or 14 percent of the population changed addresses in 2005. Only 3.7 million moved to another place because they changed their status from renter to owner. Some 3.1 million moved to establish their own household, and 4.2 million switched places because they took a new job or were transferred. About 1.4 million moved to be closer to work, and 2.8 million moved because of a change in their marital status. 7.1 million people moved because they wanted a new or better home or apartment and 1.6 million moved to change neighborhoods... In … (0 comments)
north carolina: Is the bubble bursting?
- 11/08/06 10:32 AM
Mike Moran, chief economist for Wall Street's Daiwa Securities America, Inc., says he's surprised that virtually nobody has challenged the constant drumbeat of negative headlines and TV news warnings of imminent crashes and home price meltdowns. "It's really been way out of line with reality," says Moran, whose firm specializes in the bond market. When a 1.7 percent decline in the median home price nationwide sparks headlines about the "housing bust," that is "just pure sensationalism about what is going on here," he said in an interview. The housing market "is going through a correction that's badly needed" after five years … (1 comments)
north carolina: Places Where Americans Would Love to Live
- 11/04/06 07:12 AM
North Carolina and Virginia top the charts as places where American most want to live, while California and Florida received the top votes of foreign respondents in a recent study, the Anholt State Brands Index http://www.statebrandsindex.com/ The Index analyzes the brand strengths and weaknesses of all U.S. states. The survey polled more than 9,000 U. S. citizens and 12,000 people in 15 other countries on their attitudes and perceptions of all 50 states. Questions regarding physical aspects of each state, economic and educational opportunities, lifestyle appeal, people, and basic qualities and infrastructure were designed to give state administrators and economic development … (5 comments)
north carolina: Oct 06 Housing Market Update for Southern Pines, North Carolina
- 10/02/06 01:54 AM
01-sept-06 through 30-sept-06 there were 26 single family home sales reported with a high sales price of $630,000, a median sales price of $253,000, and a low sales price of $37,000. the average days on market was 104 and the list to sales price ratio was 98%. during that same time there were 40 new listings coming into the market with an average listing price of $414,830. visit our website pinehursthometeam.com to download a printable version of this and other reports. COMMUNITY PROFILE - Southern Pines, NC is a jewel of the south, from the equestrian communities of 400+ horse farms to the … (0 comments)
north carolina: Pinehurst, NC | Area Information
- 09/22/06 02:23 PM
The Home of American Golf, Moore County offers over 648 holes of golf and 150 miles or 2,600 football fields of fairways for golfers of all skill levels to enjoy! The areas climate is the result of its unique combination of sandy soils, its elevation (600 feet above sea level at some points) and its geographical proximity to the Appalachian Mountains. This unique ecosystem is referred to in North Carolina as the "Sandhills". If you enjoy local travel there are plenty of desirable destinations just a short drive away. To our east is the ocean, with the beautiful port city of Wilmington … (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.
Housing Market Report: 01-Nov-06 through 30-Nov-06 there were 126 Single Family Home Sales reported with a High Sales Price of $2,100,000; The Average Sales Price $287,265 and the Low Sales Price $17,500. Average Days on Market was 143; During that time there were 165 New Listings entering the market with an Average Listing Price of $323,934. Visit our website PinehurstHomeTeam.com to download a printable version of this and other reports and check back often for updates. 
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