realtor: Home's Value Helps Owner with Financial Planning
- 04/17/07 01:31 PM
It's the illusive question for many a homeowner in today's market. "What is my home worth?" Homeowners need to know this information for many reasons. While there may not be a primary purpose, determining the value of your house can be useful in many financial decisions you'll make in the future. The value of the house determines your buying power, tax bill, insurance premium and other financial planning aspects of your life. Let's look at each of them separately. Real estate investing: When a homeowner wants to sell the house, it's not just that he wants to walk away with the … (0 comments)
realtor: More Housing Starts, Fewer Permits Means Opportunity For Buyers To Buy Bigger
- 04/17/07 10:24 AM
Economists expected a rebound in housing starts for February because of worse-than-usual weather conditions in January, but building permits were lower than expected for single-family homes, shifting emphasis to multi-family apartments and condos. The good news was that housing starts rose by nine percent to an annual rate of 1.53 million in February, up from the revised 1.40 million homes pace set in January. Starts are calculated by a monthly Survey of Construction based on samples. But builders sensed further weakness in housing, and building permits declined 2.5 percent to an annual rate of 1.53 million from January's higher annual pace … (0 comments)
realtor: Window of Opportunity Opens and Closes with Interest Rates
- 04/17/07 10:13 AM
Buyers need to update their relationships with their local loan officer so they know when to climb through the window of opportunity that keeps sliding wider these days. Have you been looking at the interest rates lately? Favorable economic conditions have allowed the rates to slip below 6 percent in some markets. Bankrate.com has them listed at 5.68 percent for a 30-year, fixed rate mortgage; the Mortgage Bankers Association of America has it at 6.06 percent. (Keep in mind, these rates would be for a borrower with premiere credit and low debt.) Nevertheless, if you've been looking to buy, a buyers … (0 comments)
realtor: Six Degrees Of Refinancing
- 04/17/07 10:08 AM
Not always dependant upon lower interest rates, refinancing is a good idea under a variety of conditions. If you need to lower your monthly expenses, find some extra cash, or reduce your risk level, it's not a bad time to consider reconfiguring your mortgage. On March 19, Freddie Mac's weekly mortgage survey put average fixed mortgage rates on conforming 30 years loans at 6.14 percent, the lowest they've been all year. Last year, rates weren't much lower, down to only 6.10 percent for a brief period back in January 2006, according to Freddie Mac. With rates low enough to help consider … (1 comments)
realtor: Sell Your Home for More Money
- 04/11/07 01:41 AM
All sellers want to make more when they sell their home, but instead many literally throw away thousands of dollars. It's a problem that has a very basic solution. "The key to understanding how to get your house sold quickly and for top dollar is to first understand that buyers buy emotionally not intellectually," says Michael Corbett author of Ready, Set, Sold! He should know. Corbett bought his first investment home at the age of 19 after his acting career in daytime soaps provided him with a little extra cash. "I had a $10,000 check from my first soap opera when … (0 comments)
realtor: Ways To Know When The Market Is Up or Down
- 04/06/07 06:08 AM
The past year saw a slowdown in real estate markets across the country. But the term "slowdown" is relative and should be used with care: The vaunted housing "bubble" predicted by many never happened and some areas have seen price increases. What did happen is what you would expect in any normal market: Local supply and demand determined marketplace trends. You can see this most clearly by looking at the data for 149 metro areas compiled by the National Association of Realtors. Seventy-one areas showed price gains, 73 had declines and five broke even in the fourth quarter. The localized nature … (0 comments)
realtor: Selling a Vacant House?
- 04/01/07 05:40 PM
Here's a collection of practical tips that will help get a quick sale for top dollar! Remember first impressions. Regardless of whether your home is vacant or not, its appeal from the street is crucial in making a positive impact with potential buyers. Paint or fix up the front entrance as required. If you have a lawn, keep it mowed. If you have an automated irrigation or sprinkler system, you'll want to leave it on, or ask a neighbor to water for you. This is especially crucial in regions with scorching summers. Spruce up landscaping before you leave. Plant some new shrubs, … (0 comments)
realtor: Top Relocation Destinations
- 02/19/07 12:55 AM
North and South Carolina were the top destinations for movers last year, according to United Van Line's 30th annual migration study. The survey is based upon more than 227,000 interstate moves. Alabama experienced its fourth consecutive year as a high in-bound state. Tennessee also captured a spot on the high in-bound list, but it saw fewer people moving in 2006 than it did the year before. The Western region was a top migration area, too, with Oregon second only to North Carolina. Nevada has been a high in-bound state since 1986, but Arizona saw roughly 5 percent fewer people moving in last … (0 comments)
realtor: North and South Carolina were the top destinations...
- 02/04/07 02:54 AM
North and South Carolina were the top destinations for movers last year, according to United Van Line's 30th annual migration study. The survey is based upon more than 227,000 interstate moves. Alabama experienced its fourth consecutive year as a high in-bound state. Tennessee also captured a spot on the high in-bound list, but it saw fewer people moving in 2006 than it did the year before. The Western region was a top migration area, too, with Oregon second only to North Carolina. Nevada has been a high in-bound state since 1986, but Arizona saw roughly 5 percent fewer people moving in … (0 comments)
realtor: A bedroom is not a bedroom... Just because someone is sleeping there.
- 01/03/07 05:38 AM
We've all seen it... Some brokers are mischaracterizing certain rooms as "bedrooms" in order to enhance the marketability of homes listed for sale. For the most part this accomplished by submitting false and misleading information to the Multiple Listing Services and through other forms of advertising, identifying as bedrooms, rooms which were never designed or intended for that use. The above ploy only results in damaging the credibility of our profession, which espouses the virtues of ethics, and angering would be buyers, when we show them homes where one or more of the "bedrooms" is clearly not suited or intended for that … (8 comments)
realtor: Pinehurst, NC Housing Market Update | Prepared Jan 03, 2007
- 01/03/07 04:32 AM
Seven Lakes, NC community was developed in 1973 and consists of more then 4,000 acres of rolling pine forests. The gated community offers two club houses with a pool, tennis courts, championship golf course, riding stable and Lake Auman, the largest lake in Moore County. Today Seven Lakes enjoys a mixture of retirees and young professionals and the area is considered one of the fastest growing communities with a population of over 2,000. 01-Dec-06 through 31-Dec-06 there were 7 Single Family Home Sales reported with a High Sales Price of $479,000; The Median Sales Price $398,000, and the Low Sales Price $175,500. … (0 comments)
realtor: Carthage, NC Housing Market Update | Prepared Jan 02, 2007
- 01/02/07 02:19 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-Dec-06 through 31-Dec-06 there were 2 Single Family Home Sales reported with a High Sales Price of $247,500; The Median Sales Price $194,750 and the Low Sales Price $142,000. Average Days on Market was 247; The List-to-Sales Ratio was 96.5%. During that time there were 15 New Listings entering the … (0 comments)
realtor: Foxfire, NC Housing Market Update | Prepared Jan 02, 2007
- 01/02/07 02:01 PM
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. 01-Dec-06 through 31-Dec-06 there were 2 Single Family Home Sales reported with a High Sales Price of $69,338; The Median Sales Price $69,338 and the Low Sales Price $69,338. Average Days on Market was 62; The List-to-Sales Ratio was 95.6%. During that time there were 2 New Listings … (0 comments)
realtor: Southern Pines, NC Housing Market Update | Prepared Jan 02, 2007
- 01/02/07 07:44 AM
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-Dec-06 through 31-Dec-06 there were 21 Single Family Home Sales reported with a High Sales Price of $1,235,000; The Median Sales Price $257,640 and the Low Sales Price $29,000. Average Days on Market was 107; The List-to-Sales Ratio was 94.9%. During that time there were 19 New Listings entering the market with an Average … (0 comments)
realtor: Pinehurst, NC Housing Market Update | Prepared Jan 02, 2007
- 01/02/07 07:37 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-Dec-06 through 31-Dec-06 there were 48 Single Family Home Sales reported with a High Sales Price of $910,000; The Median Sales Price $225,875, and the Low Sales Price $61,990. Average Days on Market was 127; The List-to-Sales Ratio was 96%. During that time there were 64 New Listings entering the market with an Average Listing Price of $284,292. Visit our website PinehurstHomeTeam.com to download … (0 comments)
realtor: Existing or New... Which home is a better buy?
- 01/01/07 03:23 PM
Talk with homebuilders, you'll hear only about the advantages of a new home... Real estate agents who work with existing homes will obviously give you a different line of reasoning. Both perspectives are correct as both new and existing homes advantages and disadvantages and ultimately the job for a prospective buyer is to determine their individual preferences and shop accordingly. Buying a New Home More Amenities: Typically, a new home will be more expensive than a 15-year-old house. They cost more, but you get more amenities. Twenty years ago, an average new home had about 1,200 square feet; today it's more … (5 comments)
realtor: Keys for Successful Negotiations...
- 01/01/07 02:10 PM
Negotiation is frequently a complex matter and all transactions are unique. More often then not, buyer and seller are at odds, as both want to feel that the outcome favors them or at least represents a fair balance of interests. How do you develop a strong bargaining position, one that will help you get the most from a transaction? Experience shows there are five basic keys that will determine who wins at the negotiating table. 1. What Does the Market Say? At various times we're in a "buyers" market, a "sellers" market or a market where supply and demand are roughly equal. … (0 comments)
realtor: Embracing Opportunity in the New Year...
- 01/01/07 04:41 AM
Top sales professionals consistently overcome challenges and embrace opportunity... It all begins with a focused plan, the right mindset and the willingness to learn and implement systems and strategies that will help propel them to the next level in their businesses. At the dawn of this New Year, let's commit to embracing the opportunities before us and accept challenges as the competition eliminators that they are. To that end, consider business networking as an effective means of developing a "Positive Word of Mouth Marketing Strategy." Would you agree that aside from repeat business referrals are a preferred source of business? Would you also … (3 comments)
realtor: Mark Your Calendar - International Networking Day
- 12/26/06 06:46 AM
Thanks to all who responded to our recent post "Cure for the Common Cold Call!" Everyone seems to be interested in building their respective business and nearly all of the respondents recognize that networking as an effective means of accomplishing that objective. As a follow-up to that post, we encourage everyone to mark their calendars and observe International Networking DayTM. International Networking DayTM will be a celebration and recognition of the most acknowledged method of business generation today - "networking." The goal of International Networking DayTM is to celebrate the key role that networking plays in the development and success of businesses … (1 comments)
realtor: Cure for the Common Cold Call!
- 12/23/06 05:42 AM
Its been said that "In every consideration, financially, spiritually, emotionally and physically, referrals are the most profitable source of new business." No argument from me on that point... Marketing is expensive - Prospecting and cold calling can be time consuming and demeaning. And effective lead generation is why so few real estate practitioners make it! Question: How does one generate referrals? Answer: Through business networking, developing and working Spheres Of Influence.The best way of collapsing time frames and learning how to develop a Positive Word of Mouth Marketing Campaign is to actively seek out and get involved with Business Networking International (BNI). BNI is now … (18 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.
It's the illusive question for many a homeowner in today's market. "What is my home worth?" Homeowners need to know this information for many reasons. While there may not be a primary purpose, determining the value of your house can be useful in many financial decisions you'll make in the future. 
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