Pinehurst Area Real Estate Blog

Community Profile

Aberdeen, NC is a pleasant town nestled among long leaf pines and world renowned golf. Originally named Blue's Crossing, Aberdeen was settled in the 1700's by Scottish emigrants and today is the delight of railroad buffs, historians, artists and golfers. Aberdeen's National Register historic district features antiques, collectibles, art exhibits, unique gift shops and cafes where the charm of another century lives on as you stroll down the sidewalks of this quaint little railroad town steeped in history.

Housing Market Update

February 01, 2010 through to February 28, 2010 there were 04 Single Family Homes Sold. Average Sales Price of $152,375. Average Days on Market (DOM) was 267. During the same time there were 20 New Listings entering the market with the Average Asking Price $309,184.  Currently there are 77 homes listed sale for sale with the Average Asking Price $221,004.

View a full and printable version of the Housing Market Update at our website and please contact us with your questions, comments and referrals.

Thank you for your interest and the privilege of serving you!

With our highest regard,                                                           

Wayne and Lynda Gomillion
Trusted Names in Real Estate

Wayne and Lynda Gomillion
Trusted Names in Real Estate

 Member of the Real Estate Intelligence Network 

PinehurstRealEstate.us | Pinehurst-NC.us | PinehurstHomeTeam.com | PinehurstAreaRealEstateBlog

Connecting with the NC Home Team is a snap!

"The friendship and referrals of those we serve is the foundation of our success." 

We recently read that for the first time since the housing crisis began, the number of homeowners falling behind on payments has decreased. This drop does not mean the end of the problems are at hand, just that it seems to be leveling off. There are still millions in foreclosure now and it will take some time for the market to absorb the foreclosed homes.

The article went on to say that economists see at least another 6 months of pressure on home values in some parts of the country and in high-foreclosure areas such as Southern California, Phoenix, Las Vegas and Miami homes have lost about 1/2 their value. A report just out from the Mortgage Bankers Association shows that Arizona, Florida and Nevada had the biggest declines in new foreclosure notices this last quarter.

Here are the reported 2009 4th Quarter numbers...

• 85% of Homeowners on time with their payments or less than 30 days late.
• 5.1% have missed at least 90 days of payments.
• 5.3% have missed 30-60 days of payments

What are your thoughts?... Is the worst behind us?

With our highest regard,                                                           

Wayne and Lynda Gomillion
Trusted Names in Real Estate

 Member of the Real Estate Intelligence Network 

PinehurstRealEstate.us | Pinehurst-NC.us | PinehurstHomeTeam.com | PinehurstAreaRealEstateBlog

Connecting with the NC Home Team is a snap!

"The friendship and referrals of those we serve is the foundation of our success." 

At the most recent International Builders Show in Las Vegas, designers and builders we're preaching that "buyers are seeking cost-effective features and rejecting things that don't have lasting value."

"Today we focus on family togetherness, casual living, entertaining and flexible spaces, reports" a spokesperson for a Design Group in San Antonio, TX.

Avid Ratings conducts an annual survey of buyer preferences and this years Top Ten Must Have Amenities incude...

1. Large kitchens with islands
2. Energy efficiency, including appliances, super insulation, and high-efficiency windows.
3. Home offices
4. Main-floor master suite
5. Outdoor living space
6. Ceiling fans
7. Soaking tub in the master suite and/or an oversize shower with a seating area
8. Stone and brick exteriors rather than stucco or vinyl
9. Community walking paths and playgrounds
10. Two-car garages, but three-car garages are even more desirable   

If youre considering buying or building a home... Then you would be wise to begin with the end in mind and remember the Three Most Important Words in Real Estate: "Resale-Resale-Resale"

Considering a move to Pinehurst, NC area?... Click here for a FREE RELOCATION REPORT!

With our highest regard,                                                           

Wayne and Lynda Gomillion
Trusted Names in Real Estate

"The friendship and referrals of those we serve is the foundation of our success." 

 Member of the Real Estate Intelligence Network 

PinehurstRealEstate.us | Pinehurst-NC.us | PinehurstHomeTeam.com | PinehurstAreaRealEstateBlog

Connecting with the NC Home Team is a snap!

USA (edit/delete)

Community Profile

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.

Housing Market Update

January 01, 2010 through to January 31, 2010 there were 00 Single Family Homes Sold. Average Sales Price of $000,000. Average Days on Market (DOM) was 000. During the same time there were 06 New Listings entering the market with the Average Asking Price $330,716.  Currently there are 26 homes listed sale for sale with the Average Asking Price $348,351.

View a full and printable version of the Housing Market Update at our website and please contact us with your questions, comments and referrals.

Click here to search and view all available properties in Foxfire, NC

Thank you for your interest and the privilege of serving you!

With our highest regard,                                                           

Wayne and Lynda Gomillion
Trusted Names in Real Estate

"The friendship and referrals of those we serve is the foundation of our success." 

Member of the Real Estate Intelligence Network 

PinehurstRealEstate.us | Pinehurst-NC.us | PinehurstHomeTeam.com | PinehurstAreaRealEstateBlog

Community Profile

Aberdeen, NC is a pleasant town nestled among long leaf pines and world renowned golf. Originally named Blue's Crossing, Aberdeen was settled in the 1700's by Scottish emigrants and today is the delight of railroad buffs, historians, artists and golfers. Aberdeen's National Register historic district features antiques, collectibles, art exhibits, unique gift shops and cafes where the charm of another century lives on as you stroll down the sidewalks of this quaint little railroad town steeped in history.

Housing Market Update

December 01, 2009 through to December 31, 2009 there were 02 Residential Units Sold with an Average Sales Price of $132,000. The Average Days on Market was (DOM) 71. During the same time frame there were 18 New Listings entering the market and the Average Asking Price was $206,252.

Click here to search and view all available properties in Aberdeen, NC

View a full and printable version of the Housing Market Update at our website and please contact us with your questions, comments and referrals.

Thank you for your interest and the privilege of serving you!

With our highest regard,                                                           

Wayne and Lynda Gomillion
Trusted Names in Real Estate

"The friendship and referrals of those we serve is the foundation of our success." 

Member of the Real Estate Intelligence Network 

PinehurstRealEstate.us | Pinehurst-NC.us | PinehurstHomeTeam.com | PinehurstAreaRealEstateBlog

Community Profile

Situated on the outskirts of Vass, Woodlake is a resort and golf community the covers over 3,000 acres. The Woodlake Country Club has two golf courses, one designed by Dan Maples and the other by Arnold Palmer. The historic clubhouse overlooks the 1,130 acre lake, the largest private man-made lake in North Carolina, offering fine dining with impressive views. The impeccably maintained grounds make Woodlake pleasing to the visitor and resident alike.

Housing Market Update

November 01, 2009 through to November 30, 2009 there were 00 Single Family Homes Sold. Average Sales Price $000,000 Average Days on Market (DOM) 000. During the same time frame there were 02 New Listings entering the market with the Average Asking Price $184,250.

View a full and printable version of the Housing Market Update at our website and please contact us with your questions, comments and referrals.

Click here to search and view all available properties in Woodlake, Vass, NC.

Thank you for your interest and the privilege of serving you!

With our highest regard,                                                           

Wayne and Lynda Gomillion
Trusted Names in Real Estate

"The friendship and referrals of those we serve is the foundation of our success." 

Member of the Real Estate Intelligence Network 

PinehurstRealEstate.us | Pinehurst-NC.us | PinehurstHomeTeam.com | PinehurstAreaRealEstateBlog

Community Profile

Centered on Thagard's Lake, Whispering Pines is a private residential golf course development, which in 1969 became the first municipality in the state to be officially designated as a village. The quiet charm, golf, lake activities and country club lifestyle of Whispering Pines has much to offer both young families and active retirees.

Offering eight lakes, three championship golf courses in a tranquil Village setting, Whispering Pines offers close proximity to the towns of Southern Pines and Pinehurst, within a ten minutes drive, offering excellent restaurants, modern shopping plazas, and small quaint specialty shops. Nearby Sandhills Community College offers a wide variety of lectures, concerts and exhibits, including one of the most popular horticultural gardens in the state. Please contact us for more information about Whispering Pines North Carolina.

Housing Market Update

November 01, 2009 through to November 30, 2009 there were 10 Single Family Homes Sold. Average Sales Price $220,055. Average Days on Market (DOM) 168. During the same time frame there were 08 New Listings entering the market with the Average Asking Price $275,837.

View a full and printable version of the Housing Market Update at our website and please contact us with your questions, comments and referrals.

Click here to search and view all available properties in Whispering Pines, NC.

Thank you for your interest and the privilege of serving you!

With our highest regard,                                                           

Wayne and Lynda Gomillion
Trusted Names in Real Estate

"The friendship and referrals of those we serve is the foundation of our success." 

Member of the Real Estate Intelligence Network 

PinehurstRealEstate.us | Pinehurst-NC.us | PinehurstHomeTeam.com | PinehurstAreaRealEstateBlog

Housing Market Update

November 01, 2009 through to November 30, 2009 there were 05 Single Family Homes Sold. Average Sales Price $138,439 Average Days on Market (DOM) 140. During the same time frame there were 03 New Listings entering the market with the Average Asking Price $251,298.

View a full and printable version of the Housing Market Update at our website and please contact us with your questions, comments and referrals.

Click here to search and view all available properties in Vass, NC.

Thank you for your interest and the privilege of serving you!

With our highest regard,                                                           

Wayne and Lynda Gomillion
Trusted Names in Real Estate

"The friendship and referrals of those we serve is the foundation of our success." 

Member of the Real Estate Intelligence Network 

PinehurstRealEstate.us | Pinehurst-NC.us | PinehurstHomeTeam.com | PinehurstAreaRealEstateBlog

Community Profile

Southern Pines, North Carolina is a jewel of the South and widely known for its flourishing equestrian community as well as the relaxing rhythm and eclectic mix of quaint to sophisticated shopping and dining experiences. Southern Pines offers something for everyone with personal residences ranging from upscale family sized homes in quiet and gracious neighborhoods to somewhat smaller scaled homes, suitable for empty nesters, active retirees and first time home buyers. As you leave the tree lined streets of the business community you'll discover the area locals refer to as "horse country" and there you find a collection of over 400 horse farms of various sizes, in one of the major equestrian centers in the eastern United States. Whether youre interested in golfing communities, equestrian properties or an active retiree venue, Southern Pines, North Carolina is definitely worth your time.

Housing Market Update

November 01, 2009 through to November 30, 2009 there were 24 Single Family Homes Sold. Average Sales Price $308,204. Average Days on Market (DOM) 203. During the same time frame there were 30 New Listings entering the market with the Average Asking Price $253,506.

View a full and printable version of the Housing Market Update at our website and please contact us with your questions, comments and referrals.

Click here to search and view all available properties in Southern Pines, NC

Thank you for your interest and the privilege of serving you!

With our highest regard,                                                           

Wayne and Lynda Gomillion
Trusted Names in Real Estate

"The friendship and referrals of those we serve is the foundation of our success." 

Member of the Real Estate Intelligence Network 

PinehurstRealEstate.us | Pinehurst-NC.us | PinehurstHomeTeam.com | PinehurstAreaRealEstateBlog

Community Profile

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. Offering world class tennis and spa facilities, exquisite dining options, and luxurious accommodations, Pinehurst offers the best of small town charm and metropolitan amenities, and though Golf is a way of life, visitors and residents enjoy the arts, history, botanical gardens, community festivals and unique village shops, all which combine to make the Sandhills a very special place. Known for its sandy soil and gently rolling hills, the region's mild climate makes outdoor activities a year-round possibility. From the Stoneybrook Steeplechase and the PGA Golf Tour to the Tour-de-Moore bicycling race, there's always something to do.

Housing Market Update

November 01, 2009 through to November 30, 2009 there were 27 Single Family Homes Sold. Average Sales Price $320,781. Average Days on Market (DOM) 171. During the same time frame there were 64 New Listings entering the market with the Average Asking Price $362,817.

View a full and printable version of the Housing Market Update at our website and please contact us with your questions, comments and referrals.

Click here to search and view all available properties in Pinehurst, NC

Thank you for your interest and the privilege of serving you!

With our highest regard,                                                           

Wayne and Lynda Gomillion
Trusted Names in Real Estate

"The friendship and referrals of those we serve is the foundation of our success." 

Member of the Real Estate Intelligence Network 

PinehurstRealEstate.us | Pinehurst-NC.us | PinehurstHomeTeam.com | PinehurstAreaRealEstateBlog