property values: Are Foreclosure Numbers On The Decline? - 03/01/10 10:12 PM
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 … (8 comments)

property values: Obama Administration Targets Mortgage Interest Deduction! - 02/09/10 11:36 AM
The interest deduction costs the Treasury more than $80 billion a year according to sources and President Obama's 2011 Budget just announced surprised many in Washington for going after what has been called one of the "Sacred Cows".
The proposed budget, caps the value of itemized deductions based on a taxpayer's income, in essence eliminating the mortgage interest deduction for single taxpayers making more than $200,000 a year. ($250,000 joint returns). The move is designed to raise nearly $179 billion next year by increasing taxes on wealthier Americans.
Current law allows interest on up to $1 million in total mortgages on first … (9 comments)

property values: Property Values in North Carolina | Southern Pines, NC 28387 - 12/09/09 09:17 PM

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 … (0 comments)

property values: Property Values in North Carolina | Southern Pines, NC 28387 - 11/01/09 03:24 PM

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 … (0 comments)

 
Wayne and Lynda Gomillion (Real Living Hagan Realtors | Pinehurst ~ Southern Pines, NC) Rainmaker large

Wayne and Lynda Gomillion

Pinehurst, NC

More about me…

Real Living Hagan Realtors | Pinehurst ~ Southern Pines, NC

Address: 19 Chinquapin Road, Pinehurst, NC , 28374

Office: (910) 585-2400

Mobile: (910) 585-2400

Email Me

We’re NC real estate brokers and members of “The” Pinehurst Home Team. For nearly two decades we have served the needs of buyers and sellers of single and multifamily properties and offer a friendly, consultative approach to client’s real estate and relocation endeavors. Whether visiting or considering relocation, we encourage you to visit our websites and contact us for more information about the greater Pinehurst North Carolina area and the unparalleled quality of life the area offers.


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