By: Don Price
Advanced Real Estate Services & Staging
Pinehurst, NC
Listen or watch Bloomberg Market News, Fox News Channel, CNBC, MSNBC or take a look at the numbers in general coming from The National Home Builders Association or The National Association of REALTORS® and you would think that in every real estate market across this country property values are tanking, neighborhoods are all but filled with boarded up foreclosed homes and no one is buying real estate.
North Carolina in general bucks that trend and even though we are experiencing some problems it is nothing like the devastation other areas are experiencing. We are indeed fortunate to live and work in North Carolina, and for those of us living, working and investing in Pinehurst, NC area homes and land, well we should be very thankful that Pinehurst real estate is different.
I previously penned that ‘Pinehurst is not an Island' which was meant to say that sure there are some of the same problems and a few unfortunate souls may have an ARM Mortgage where the payments have sky rocketed unexpectedly and they are forced to sell, this along with other similar reasons for selling, but comparatively the Pinehurst area just has not seen anything like the devastation other market areas have seen and in fact appears to be moving forward.
Currently the market has been able to absorb the extra pressures that these few added homes placed on the market brings and because of the nature of who buys and lives in the Pinehurst in the first place, the Pinehurst area probably will not experience the depths of despair other markets area suffering from.
Golf is a driving force and as long as man has breath he will golf. The are over 40 Golf Courses in the Moore County and Pinehurst area and while there are hundreds of other good reasons to purchase a homes here, Golf is and will remain the #1 reason for the foreseeable future. Who plays Golf the most, the same good folks who purchase homes in the Pinehurst, North Carolina area? The Pinehurst area even has some notable golf courses to test your abilities.
More blog on 3 of the great Pinehurst Communities, 1 to fit most any duffer's budget, (Village Acres, Pinehurst #6 and Pinewild Country Club) or go to our Pinehurst Real Estate website and become a Pinehurst Property Owner too!
Don Price
Advanced Real Estate Services & Staging
Owner/Broker
910.603.7445
info@ARES-S.com
http://www.pinehurstlistings.com/
Mailing Address
325 Longleaf Dr W
Pinehurst, NC 28374
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