pinehurst nc real estate: Great Financing Deals on New Homes in Pinehurst NC
- 08/12/10 03:45 PM
If you are looking for a new home in Pinehurst NC, there are some amazing financing deals available. There are still a few "spec homes" on the Pinehurst Real Estate market - spec homes are new homes built by local builders who in turn offer them for sale. The builders usually get a construction loan from a local bank and the loan is of course paid off when the house sells. The banks want to help their builder-customers sell these homes, so several local banks now have loan programs that are only available to buyers of houses built by the builder-customers. … (0 comments)
pinehurst nc real estate: Pinehurst & Southern Pines NC Real Estate Sales Slow in July
- 08/04/10 07:35 AM
For 9 consecutive months and 3 consecutive Quarters, sales stats have been better than the same period in the previous year. For example, sales in May 2010 were better than May 2009 both in terms of total sales and in terms of total sales volume, the 2nd Quarter of 2010 was better than the 2nd Quarter of 2009... and so on. That changed in July 2010; and the sales numbers were NOT as good as July 2009 - or for any July going all the way back to 2005. In July 2010, there were 85 sales in Moore County, compared to … (0 comments)
pinehurst nc real estate: Single Family Home Inventory Now Below 1,050 in Pinehurst MLS
- 07/20/10 12:04 AM
As of today, the inventory of homes for sale in the Pinehurst-Southern Pines MLS has dropped to 1,048. That means that we are inching our way back to normal levels. Normal would be 900 - 950 units for sale at this time of year; and under normal conditions supply and demand would be roughly equal. A high inventory basically means that supply exceeds demand. The good news is we are moving toward a situation of supply/demand equilibrium. The Pinehurst - Southern Pines MLS includes all of Moore County, NC. Pinehrust is the home of the world renowned Pinehurst golf resort, while Southern … (1 comments)
pinehurst nc real estate: Single Family Home Inventory Still Holding in Pinehurst-Southern Pines Area MLS
- 07/07/10 03:21 AM
As of today, there are 1,061 single family homes for sale in the Pinehurst area MLS. That's a little higher than we would see in in normal market, but it's actually down slightly from the same time in June (1,073)and the time in May (1,084). The best news is that the number is going down not up. The home buyer tax credits had a mild positive effect on our market, but that's essentially gone so we are not likely to have any more artificial forms of stimulus in the near future. Of course, there are some exceptions that will cover buyers … (0 comments)
pinehurst nc real estate: Pine Needles Lodge & Golf Club - One of the Best Courses in NC
- 06/21/10 12:43 AM
Pine Needles Lodge & Golf Club is a classic place in the history of golf in America. Owned by the Bell family since the 1950's, the resort has hosted the U.S. Womens Open 3 times. Peggy Kirk Bell put the place on the map with her legendary clinics for Women, and the clinics are now popular with Men and Children. The result is a very family oriented atmosphere, with patrons returning year after year. It is located off historic Midland Road in Southern Pines just 5 miles from Pinehurst. The Lodge offers great accomodations and it even features grass courts for the … (1 comments)
pinehurst nc real estate: Pinehurst NC Real Estate - Market Update
- 04/13/10 02:27 PM
The inventory of single family homes for sale in the MLS for the Pinehurst - Southern Pines area has risen to about 1,100 from the 2009 year end level of under 1,000. In a normal year, our inventory would be in the 900's. It is prime "selling season" in the local market, so hopefully some of the inventory will begin to move. The oversupply consists of higher priced homes and homes that are in need of a lot of updating. There is also a huge oversupply of horse farms for sale in the Southern Pines area. Supply of updated single family … (0 comments)
pinehurst nc real estate: Pinehurst Real Estate - Pinehurst MLS Inventory
- 02/02/10 12:42 PM
Actually, one month into 2010, it is good news that there are 1,001 single family homes on the market in Moore County. We are still running 10-15% over normal. In this market, that's pretty good compared to other areas of the country. The excess inventory is dominated by homes that are in need of updating and by homes in higher price ranges. We are hoping for a good selling season through the Spring and Summer while interest rates remain low. It is a great time to buy real estate in the Pinehurst area. For more info, visit us on the web … (0 comments)
pinehurst nc real estate: Pinehurst NC Home Inventory Down to 950
- 01/04/10 10:24 AM
This is great news for our local real estate market - the number of single family homes for sale in the Pinehurst-Southern Pines area MLS is down to 950. It will rise as 2010 gets rolling, but it helps to start the year well under the 1,000 mark. All indicators support the prediction that 2010 will outperform both 2008 and 2009. The question is: when will higher interest rates begin to kick in? If rates remain low through the prime selling season (April - July), then 2010 could be a GREAT year for local real estate. Pinehurst is such a great … (0 comments)
pinehurst nc real estate: Pinehurst MLS Inventory Continuing Steady Decline
- 10/24/09 04:38 AM
Homes for sale in the Pinehurst NC area MLS are still dropping in inventory. Now there are 1,069 single family homes for sale in the Pinehurst - Southern Pines area. Sales of more expensive homes are still very sluggish, but there has been more activity lately when it comes to houses priced over $500,000. We have seen price reductions of higher priced homes, plus banks have now begun to lower their interest rates on jumbo loans. In the last 30 days, there have been 10 sales over $450,000 in the local MLS. McDevitt Sotheby's has been the selling firm or the listing firm 3 … (0 comments)
pinehurst nc real estate: Pinehurst NC to Host Men's & Women's US Opens in 2014
- 07/04/09 02:19 AM
The US Golf Association recently announced that the Women's US Open will be held at Pinehurst in 2014 on the Pinehurst No. 2 Golf Course. The tournaments will be held back to back in June 2014. This is great news for Pinehurst, Southern Pines and the entire area, which is a great place to live. These events will continue to put the Sandhills areas of NC on the map as a premier relocation destination. The quality of life in Pinehurst is wonderful because of the great weather, restaurants, shopping, a major regional medical center, and above all the people from all over the … (0 comments)
pinehurst nc real estate: Holiday Events in Southern Pines
- 12/13/08 01:31 PM
Southern Pines NC has a lot of holiday events that are fun for the whole family. Three biggest events are: 1. The Southern Pines Christmas Parade. The Parade takes place on the first weekend in December. Broad Street is blocked off and the sidewalks fill up quickly before floats, antique cars bands and civic groups make the annual march through town. Santa is there for the kids. The shops and restaurants in town are of course open all day, so you can get a lot of shopping done. 2. The Carriage Parade. This unique event takes place on the second Saturday … (0 comments)
pinehurst nc real estate: Woody's Restaurant at Whispering Pines Country Club - Great Food and Service in Whispering Pines NC
- 12/06/08 12:30 PM
The dining room at Whispering Pines Country Club is now being managed by the Ironwood Cafe and it's owner, Vince Continenza. The restaurant is now called Woody's and they are doing a great job. The menu is similar to Ironwood, except for the fact that there is a lot more "comfort food" available at Woody's - and it's excellent. We ate there tonight and the service was just as good as the food. They had a pretty good sized crowd. Whispering Pines finally has a fine dining restaurant after all these years. I highly recommend the trip out to WPCC to … (0 comments)
pinehurst nc real estate: Great Pinehurst Area Golf Deal from Avestra
- 10/22/08 10:49 AM
There's a great opportunity to get membership privileges at 4 different golf clubs in the Pinehurst area at a very good price. Avestra golf management is offering a program called Sandhills Originals, which includes Southern Pines CC, Whispering Pines CC, Foxfire CC and Hyland Hills Golf Club. There is a $500 activation fee, and then rates begin at $150 per month. This entitles members to full golf privileges and all you pay is the cart fee, which is either $16 or $20 depending on which course you play. (SPCC is $20). In all there are 6 great courses. You can add a … (0 comments)
pinehurst nc real estate: Legacy Golf Club - Pinehurst Area Golf Course Reviews
- 08/13/08 02:38 PM
Legacy Golf links is a very good course located near Pinehurst NC in Aberdeen. It is also the location of Legacy Lakes, a new real estate development with golf front homes and golffront property. It is a Nicklaus Jr course that is a great alternative to the courses that are right in Pinehurst. It is one of the courses that golfers liek to play when they come to town to play all of the Pinehurst CC courses. Often, they throw Legacy into the mix. There are some nice long holes if you play from the Pro or Mens tees. The course … (0 comments)
pinehurst nc real estate: Foxfire Country Club, Foxfire Village NC - Golf Course Reviews, Golf in Pinehurst NC area
- 08/10/08 04:09 PM
Foxfire Country Club has 2 golf courses (East Course and West), and both are very good courses that are open to the public. Foxfire CC is located in the Foxfire NC residential community, where golf course homes and lots are available. Condos are also for sale in the neighborhood, which is only about 10 minutes from Pinehurst NC. The East Course is my favorite of the 2 courses, which were both designed by Gene Hamm, who designed the course at nearby Beacon Ridge CC. Foxfire has a great clubhouse and a good grille. The Pro Shop does not have a lot … (2 comments)
pinehurst nc real estate: Mid Pines Golf & Country Club - Southern Pines, NC Golf Course Review
- 07/30/08 09:47 AM
Mid Pines Golf & Country Club - Southern Pines, NC Mid Pines is a Donald Ross golf course that is part of the Pine Needles/Mid Pines Resort. The course is open to the public year round. It is located in Southern Pines, just 5 miles from Pinehurst and right across the road from its more famous sibling Pine Needles. The Mid Pines course reminds you a lot of Augusta National. Obviously, it is not as long or quite as scenic, but the topography, the pine trees and the azaleas sure do make you miss those rare visits to the Masters. The … (0 comments)
pinehurst nc real estate: Longleaf CC Golf Course Review - Southern Pines NC Golf Community & Perfect Location
- 07/16/08 10:45 AM
Longleaf Country Club Longleaf is located between Pinehurst and Southern Pines on the site of former horse racing track, and the course actually weaves its way through remnants of the original fence around the track. The 18 hole course is on the easy end of the scale as far as Pinehurst Area courses go. Pro Tees - 6,600 yards (70.9/124). Men's Tees - 5,400 yards (65.3/112). I'm a very average golfer and I played from the Pro Tees - and it actually kept a few of the fairway bunkers out of my reach! The front and back are totally different, with … (2 comments)
pinehurst nc real estate: The Carolina Golf Course Review - Whispering Pines, NC
- 06/27/08 03:47 AM
The Carolina is a public course in Whispering Pines, NC, just 3 or 4 miles from Pinehurst. Designed by Arnold Palmer, The Carolina is a challenging course from any tee box, requiring fairly straight and accurate shots on a lot of the holes. Back tees - about 7,000 yards (73.2/142), Mid tees - 6,500 (71.6/134), Men's tees - 6,000 (69.8/122). Terrain is flat to slightly hilly. Greens are tough and protected by hazards on a lot of holes. This is a great course even if you are an average golfer like me, but unlike a lot of other Pinehurst area courses, … (0 comments)
pinehurst nc real estate: Pinehurst NC Named by AOL as a Top Retirement Community
- 05/27/08 11:46 PM
Pinehurst NC is a hidden gem as a retirement desitination according to an article yesterday by AOL (May 27, 2008). For those of us who live here, we've known it for years! Pinehurst is an incredible place for "retirees" who want to live an active lifestyle. In addition to golf, every day reveals another thing to do in the area. Best of all, Pinehurst is a great value when it comes to real estate. Home prices start around $200,000 and go all the way up over $3 Million. Our clients who have relocated from all over the country tell us that you … (2 comments)
pinehurst nc real estate: Pinehurst, NC - Just a Short Drive to the Wachovia Championship
- 04/30/08 05:24 PM
Pinehurst and Southern Pines have of course played host to numerous Mens' and Womens' US Open Golf Championships over the last decade, but if you live in Pinehurst, you can make the short drive over to Charlotte every year to enjoy the Wachovia Championship. It's a favorite among tour players and it is a great chance to see the world's very best players each year since there's only a US Open (either Men's or Women's) every 3 or 4 years. Charlotte is one of the up and coming cities in the country if you prefer a larger (and getting bigger) city. … (0 comments)
If you are looking for a new home in Pinehurst NC, there are some amazing financing deals available. There are still a few "spec homes" on the Pinehurst Real Estate market - spec homes are new homes built by local builders who in turn offer them for sale. The builders usually get a construction loan from a local bank and the loan is of course paid off when the house sells. The banks want to help their builder-customers sell these homes, so several local banks now have loan programs that are only available to buyers of houses built by the builder-customers. … (0 comments)
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