Market Trends

Market Information and Pinehurst Real Estate Statistics

Will Home Sales Improve for 2010?

Friday, February 5th, 2010

Lawrence Yun, Chief Economist of the National Association of REALTORS, discusses the market in the latest issue of REALTOR Magazine.  Mr. Yun notes that for the first half of this year home sales will improve by more than 20 percent over the same period of 2009.  That means we could see a sales pace of [...]

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Thinking about buying a home? Now is the time!

Thursday, January 7th, 2010

If you’ve been thinking of buying a home to live in, the current meltdown is a big opportunity.
The following article details the fundetmentals that are now in place to make home buying an opportunity.  Read more from the Wall Street Journal.

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Economic Development in Moore County

Monday, November 23rd, 2009

Moore County is positioned to take advantage of multiple opportunities to benefit from our neighbor, Fort Bragg.  Sandhills Community College leads the way in educational programs that create jobs.
Inside the latest issue of The Economic Echo:
– NC State University has several sustainability programs to help improve productivity, save energy and increase profitability
– Information on the [...]

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Homebuyer’s tax credits provide market stimulation in Moore County

Sunday, November 22nd, 2009

The Homebuyer’s Tax Credit legislation is a welcome feature to the Moore County real estate market.  We have kept our market stable with the infusion of buyers who are using the government tax benefits to their advantage. 
The market has shown a remarkable movement in prices from $100,000 to $300,000 since the beginning of 2009 and [...]

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Pinehurst, NC Area Market Report for Second Quarter 2009

Friday, August 14th, 2009

 Searching for Pinehurst real estate is made easier by knowing the market trends in the area.  For full service search of listings in Pinehurst, Southern Pines and surrounding areas, Prudential Gouger O’Neal & Saunders is an excellent resource.  Your search for area listings can begin here.
Second Quarter Market Report:  For the Second Quarter our housing [...]

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Encouraging signs for housing

Tuesday, July 28th, 2009

Home sales rose for the third-consecutive month in June, a promising sign that stability in the housing market could help jump-start the economy.  Read the story as posted in USA Today on July 28th, 2009 by By Stephanie Armour.

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National News about Mortgages – July 2009

Tuesday, July 28th, 2009

Downpayment, Closing Costs Prove to be Biggest Obstacles
Most Americans still consider having enough money for a downpayment and closing costs to be the biggest obstacles to buying a home, according to the 2009 National Housing Pulse Survey, an annual survey released late last week by the National Association of REALTORS®.
Tight Mortgage Rules Exclude Even Good [...]

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North Carolina News – July 2009

Monday, July 6th, 2009

Updates on the statistics on our state real estate market

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