On February 1, 2008, McDevitt Sotheby's sold a horse farm for $2.3 Million, the highest price on record for a non-commercial property in the Southern Pines area in at least 4 years.  The property, in horse country is the second $2 Million Dollar plus sale that the Firm has recorded during the 1st Quarter of 2008.  McDevitt Sotheby's has a number of other multi million dollar properties for sale in both Southern Pines and Pinehurst.  These extraordinary properties are still selling despite projections of doom for real estate everywhere. For more information about our area, visit our site at http://www.mcdevitttownandcountry.com  04/01/2008

Looking for an alternative to living right beside Fort Bragg?  Consider Southern Pines, a quaint and very sophisticated town only about 30 minutes from Base.  Great restaurants, nightlife and opportunities to meet a lot of cool people.  Seeing is believing - just come over for a visit.  For more area info, call our office at 800-788-8814 for a relocation guide and tons of other info.  Or, go to http://www.mcdevitttownandcountry.com  04/01/2008

Those of us who live in Pinehurst or Southern Pines, North Carolina often make the traffic free 1 hour 15 min drive to Raleigh to take in a Carolina Hurricanes game at the RBC Center.  The arena is very easy to find, and it is right off the highway with easy and cheap parking.  Ticket prices are reasonable, much more so than in other metro areas.  The Canes won the Stanley Cup a couple of years ago; and the many transplants from big hockey towns love having an NHL team in town.  When we have out of town customers, we often treat them to a game and a great dinner up in the Raleigh area.  This year, the team is once again in the running for the division title - and who knows, maybe even another Cup!  The best of both worlds is to enjoy a round of golf in Pinehurst during the day, and then... 04/01/2008

Southern Pines, North Carolina | March 01, 2008 through to March 31, 2008 there were 18 Single Family Homes Sold and the Average Sales Price was $297,097. The Average Days on Market (DOM) was 161. During the same time there were 42 New Listings entering the market, with an Average Asking Price of $396,181. For more information or property values in your area, visit our website at PinehurstHomeTeam.comThanks for your interest and the privilege of serving you.With our highest regard,                                                            Wayne and Lynda Gomillion"The Pinehurst Home Team""The friendship and referrals of those we serve is the foundation of our success." Member of the Real Estate Intelligence Networkhttp://www.pinehurst-nc.us/ | http://www.pinehursthometeam.com/ | http:/... 04/01/2008

Less than a five minute drive east of the famous Pinehurst Country Club, you will find the top-rated private Mid South Club and golf community.  Frequently I work with home searchers who start out focused on finding a home within the Pinehurst city limits.  Maybe it's their desire to have a Pinehurst mailing address or they are seeking to become members of Pinehurst Country Club.   In any case, they are often pleasantly surprised to learn about some of the other well regarded private golf communities in the area including Mid South Club, National, Fairwoods on 7 and Pinewild.    This blog focuses on the increasingly popular Mid South Club golf community in Southern Pines. An Arnold Palmer signature course and some of the most scenic terrain in the area makes this premier gated golf comm... 03/31/2008

The Southern Pines Police Department has reported that "so far this year, overall crime is down 30% from the previous year." Break-ins and larcenies are down even more. The figures include crime statistics form the first two months of 2007 and 2008. March figures are not yet available.There were 74 total crimes in the business area during the first two months of 2007, according to Police. That number has decreased to 50 this year. Also down are break-ins, burglaries and robberies. Burglaries declined 60% from 10 this time last year to 4 this year. Larcenies involving motor vehicles are down 75% from 12 to 3. Vehicle break-ins are down 64% from 11 to 4 and Vandalism is down from 9 to 4.Southern Pines Police Officers attribute the decreases to the increased presence of personnel and effor... 03/30/2008

As of March 1, 2008, a total of 141 Single Family homes in the Southern Pines area of Moore County were shown to be for sale in the Multiple Listing Service of the Pinehurst-Southern Pines Area Association of Realtors.  The price of these homes ranged from a low of $14,900 to a high of $2,100,000, with the average price equal to $473,035 and the median price equal to $395,000. The average number of days these listing were on the market ran 129, while the median number of days ran 113.These statistics are not significantly different than those posted for February, 2008 which were:As of February 2, 2008, a total of 140 Single Family homes in the Southern Pines area of Moore County were shown to be for sale in the Multiple Listing Service of the Pinehurst-Southern Pines Area Association of... 03/12/2008

Thinking about visiting the Pinehurst and Southern Pines area?  If so, consider making a trip during the first weekend of April.  In addition to being a great time to play golf, the 57th running of the Stoneybrook Steeplechase takes place at the Carolina Horse Park on April 5.  The Steeplechase is a full day of fun with family and friends, with a chance to see some very exciting horse racing.  If you have a trip scheduled in March, consider visiting the Carolina Horse Park on March 15-16 again March 21-23 to see the Carolina Horse Trials and experience the speed and excitement of Eventing.  For more information, call the Carolina Horse Park at 910.246.9808.  For general information about the Pinehurst Southern Pines area in general, visit us on the internet at: http://www.mcdevitttownan... 03/09/2008

    VA Loans offer a special opportunity for Veterans to become homeowners. VA Loans have more lenient requirements and often lower interest rates than conventional loans. Plus, no down payment is required. This guide will provide you with details to the unique aspects of VA Loans, explain the benefits of a VA Loan, and help you navigate the lending process. The VA Home Loan Program In 1944 the VA began assisting Veterans in the goal of becoming homeowners. Since then, the VA has guaranteed over 18 million home loans. The VA does not lend the money, rather the VA promises to repay a portion of the loan to the lender if the borrower defaults. So why should a Veteran choose a VA Loan over a conventional home loan? There are a number of reasons, but most Veterans who have used a VA Loan s... 03/01/2008

 We're pleased to support our military and to offer an exclusive program designed to provide active duty and retired members of the United States Armed Forces, and their families. Contact us and then compare our U.S. Military Home Team Advantage with any other program and you'll quickly discover that we offer you more and are strategically positioned to serve you better!Consider the following...The knowledge and training we've received exceeds the requirements of USAA's Movers Advantage Preferred Real Estate Company... In addition our cash back program is more generous and we're Accredited Buyer Representatives.The Accredited Buyer Representative (ABR®) designation is the benchmark of excellence in buyer representation. This coveted designation is awarded to real estate practitioners by... 03/01/2008

Southern Pines |  From 02/01/08 through to 02/29/08 there were 13 Single Family Homes Sold, the Average Sales Price $213,884 and the Average Days on Market (DOM) was 179. During the same time frame there were 48 New Listings entering the market, at an Average Asking Price of $352,748. Visit our website to download a printable version of this report and more at PinehurstHomeTeam.comWith our highest regard,                                                            Wayne and Lynda Gomillion"The Pinehurst Home Team""The friendship and referrals of those we serve is the foundation of our success." Member of the Real Estate Intelligence Networkhttp://www.pinehurst-nc.us/ | http://www.pinehursthometeam.com/ | http://www.pinehurstrealestate.us/   03/01/2008

For those home searchers who are open to considering golf communities outside of Pinehurst, Longleaf CC offers a very nice course and many member benefits.  Located just outside of Pinehurst off of Midland Rd., the Longleaf community is comprised of a nice mix of single family homes, townhomes and patio homes.   Prices generally range between the mid $200's to the high $400's.  Occasionally you will find spacious golf front condos (many with hardwoods and 3 bedrooms) available for $250k to $290k.  Also underway are new patio homes, called the Meadows.  Members of Longleaf enjoy access to the golf course, tennis courts, a pool and croquet, as well as special member events.  Plus, current listing information is indicating "no transfer" fee for those buyers who opt to join the club.    Cli... 02/11/2008

  Southern Pines As of February 2, 2008, a total of 140 Single Family homes in the Southern Pines area of Moore County were shown to be for sale in the Multiple Listing Service of the Pinehurst-Southern Pines Area Association of Realtors.  The price of these homes ranged from a low of $74,500 to a high of $2,100,000, with the average price equal to $445,112 and the median price equal to $385,000. The average number of days these listing were on the market ran 131, while the median number of days ran 108.To obtain more information about these statistics, and to search for these listings on line, please visit http://www.arearealestatepartners.comor call Betsy N. Robinson @ 910-639-0695.   02/05/2008

From 01/01/08 through to 02/31/08 there were 27 Single Family Homes Sold, the Average Sales Price $356,081 and the Average Days on Market (DOM) was 119. During the same time frame there were 24 New Listings entering the market, at an Average Asking Price of $283,911. Visit our website to download a printable version of this report and more at PinehurstHomeTeam.com. With our highest regard,                                                            Wayne and Lynda Gomillion"The Pinehurst Home Team""The friendship and referrals of those we serve is the foundation of our success." Member of the Real Estate Intelligence Networkhttp://www.pinehurst-nc.us/ | http://www.pinehursthometeam.com/ | http://www.pinehurstrealestate.us/  02/01/2008

Farm MaintenanceWhen you own a horse farm, you will need help from time to time even if you have your own equipment and do most of your own work.  Several local farm maintenance companies provide excellent service.  When considering the purchase of a farm or vacant land to build a farm, the cost of maintaining pastures, correcting drainage problems, over seeding, fertilizing and mowing must be factored into any buying decision.  At McDevitt Sotheby's International Realty, we have first hand knowledge about who to call for all of your farm maintenance needs whether you need to clear timber to create pastures or if you simply need to have soil analyzed to choose the right fertilizer.Local Farm Maintenance CompaniesKnollbrook Farm (Rod Lynch): (910) 692-4642 (office): (910) 315-6886 (cell)... 01/14/2008

Guidelines for Marketing Your Horse Farm or Equestrian Estate  The idea of watching horses grazing peacefully outside the back door is a dream-come-true for many horse farm buyers.  So, if you are planning on selling a horse farm or other equestrian real estate, there are some details that potential buyers will consider in addition to the pastoral image of rolling hills and endless fences.  When you are preparing to market your home, you should always make an effort to get it ready with a thorough cleaning and a few repair items.  A horse farm is no different; and potential purchasers of horse farms are usually just as concerned about their horses as they are about themselves.  If you are selling a horse farm, here are some important details that you should consider addressing and a few... 01/14/2008

As part of my series, "How to Safely Invest in Real Estate", I wrote about the importance of surrounding yourself with great people who were leaders in their respective fields. One of the most important people to have in your Mastermind Group, MMG, is a competent real estate accountant.I asked Monica McDonald of Busby & Co. in Southern Pines, NC, write about some tax issues. Monica earned her Bachelors Degree in Accounting from The University of North Carolina at Pembroke in 1988, where she double majored in Business Management. She has been in the accounting industry and employed by Busby and Co., CPAs since 1988. She earned her certificate and has practiced as a CPA since 1994. She resides in Aberdeen, North Carolina with her husband and two children.Tax Tips When Owning Rental Real E... 01/10/2008

The developers have been making tremendous progress towards completing Phase I at Camden Villas and the Grand Opening is expected soon.  Current available units range in price between the high $200's and the low $300's.  Click here to see current Camden Villas listings.   Camden Villas will have its own clubhouse that will among other things include game, meeting and fitness rooms.  A Mid-Tal Holly membership is included in the sale price of these units.  Check out what the HOA dues (expected to be about $355 per month) include:  water, sewer, cable and WI-FI, master homeowners policy, all exterior building and grounds maintenance, monthly Holly dues and monthly HOA dues for the Mid South community.   There will be a total of five phases of development resulting in a community of 58 uni... 01/05/2008

Below is a list of some of my favorite eating spots for lunch in Moore County. They are in no particular order. Please feel free to add to the list. My Favorite Lunch SpotsSquire's Pub. I hate fast food. I refuse to eat it, unless there is absolutely no other alternative. When I'm in a hurry, I call ahead to Squire's Pub and ask for the loaded baked potato with steak and mushrooms. With tip, it's about $8, and I get a great meal faster than a trip around the Mickey D's drive through. Panera Bread. They made it on my breakfast list, too. I like to get the half sandwich and cup of soup, especially the potato or french onion. The service is excellent, the food is good and fast. They also have a great grilled cheese sandwich for kids.Corfu's. You've got to try their pan-seared grouper with ... 01/03/2008

Southern Pines, North Carolina - 12/01/07 through to 12/31/07 there were 15 Single Family Homes Sold, the Average Sales Price $300,260 and the Average Days on Market (DOM) was 138. During the same time frame there were 26 New Listings entering the market, at an Average Asking Price of $428,932. Visit our website to download a printable version of this report and more at PinehurstHomeTeam.com or contact us with your questions and comments.Thank you for your interest and the privilege of serving you!With our highest regard,                                                            Wayne and Lynda Gomillion"The Pinehurst Home Team""The friendship and referrals of those we serve is the foundation of our success." Member of the Real Estate Intelligence Networkhttp://www.pinehurst-nc.us/ | h... 01/02/2008