Pinehurst real estate is some of the best investment property available in the state. Centered in and around the Village of Pinehurst, The Home of American Golf, it has long attracted residents from colder climates looking to escape winter, but to avoid the extreme heat of destinations further south. Founded in 1895, Pinehurst was designed as a community of recreation and to this day it offers a much sought-after recreational lifestyle. Golf of course, but also tennis and equestrian pursuits are high on the list of available activities. You will find that property values in Pinehurst have held steady through the current downturn as Pinehurst and surrounding towns continue to act as a magnet for the golfer and non-golfer alike. The Pinehurst Area has several attractive communities and neighborhoods—gated ones such as Fairwoods on #7, Pinewild, National Golf Club, Mid-South and Forest Creek, and non-gated ones such as Longleaf, Mid-Pines, Pine Needles, Midland Country Club, Pinehurst #6 and others—as well as areas that are interwoven with 5 of the 8 Pinehurst Resort and Country Club courses. The motto of Pinehurst real estate should be, “slow and steady wins the race” because while values have increased over the years, they have enjoyed conservative rates of appreciation. The good news in that is there was no bubble in our market, nothing to collapse like a balloon pierced by a rose thorn. Unlike resort development in other states, Pinehurst has been comfortably growing at a reasonable rate. In November of 2008 median home price in Pinehurst was $307,000, an increase of 20% from November 2007. The average home sale was $316,857, a decrease of 8% from the previous November. Twenty-four of the sixty-four home sales in November were in Pinehurst. The highest priced home sold for $850,000, the lowest priced home sold for $115,000. There are still real estate deals in and around Pinehurst but you need a local market expert to help you. Jill Ford is an experienced real estate professional who has had more than twenty two years of home buying and selling experience, first in Vermont, where she handled primary residential and second home properties in an area that understands and values the recreational lifestyle. For the last 5 years Jill has made her home here in Moore County and has applied her skills and training to learning the local real estate market. When the time comes to connect with a competent, caring professional for your real estate needs in the Pinehurst NC real estate market, contact Jill directly at 910-315-9977. The Sandhills of North Carolina continue to attract both visitors and new residents from around the world. Those visitors and new residents alike are enchanted by the historical charm of Pinehurst Village. The stately Carolina Hotel in the heart of the village reflects a bygone era. Perusing the gallery of photographs that cover the walls of the main floor halls provides a favorite pastime on a rainy afternoon. Over a hundred years of golf’s great legends grace the walls, along with Hollywood celebrities from another time. As a counterpoint to the hotel, at the opposite end of Carolina Vista, you will find another historic landmark, Pinehurst Resort and Country Club Public Club House. Here one can start a round on one of five golf courses, among them world-famous Pinehurst #2, home to two US Opens since 1999, with a third scheduled in 2014. |