Noel's Blog

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Real Estate Agent - McDevitt Sotheby's International Realty
Facts, Comments and Advice about real estate and horse farms in Southern Pines, NC, sister town to Pinehurst, NC, plus general real estate items
RECENT BLOG POSTS
If you are selling a home and it has a septic system, don't wait until you get an offer and the buyer gets the system tested.  Be proactive - get your system pumped and tested before your even get an offer.  If it needs to be repaired, get it repaired.  Make sure you get a full report and documen...
Posted over 3 years ago
If you are looking for a new home in Pinehurst NC, there are some amazing financing deals available.  There are still a few "spec homes" on the Pinehurst Real Estate market - spec homes are new homes built by local builders who in turn offer them for sale.  The builders usually get a construction...
Posted over 3 years ago
For 9 consecutive months and 3 consecutive Quarters, sales stats have been better than the same period in the previous year.  For example, sales in May 2010 were better than May 2009 both in terms of total sales and in terms of total sales volume, the 2nd Quarter of 2010 was better than the 2nd Q...
Posted over 3 years ago
As of today, the inventory of homes for sale in the Pinehurst-Southern Pines MLS has dropped to 1,048.  That means that we are inching our way back to normal levels.  Normal would be 900 - 950 units for sale at this time of year; and under normal conditions supply and demand would be roughly equa...
Posted over 3 years ago
As of today, there are 1,061 single family homes for sale in the Pinehurst area MLS.  That's a little higher than we would see in in normal market, but it's actually down slightly from the same time in June (1,073)and the time in May (1,084).  The best news is that the number is going down not up...
Posted almost 4 years ago
Pine Needles Lodge & Golf Club is a classic place in the history of golf in America.  Owned by the Bell family since the 1950's, the resort has hosted the U.S. Womens Open 3 times.  Peggy Kirk Bell put the place on the map with her legendary clinics for Women, and the clinics are now popular with...
Posted almost 4 years ago
Mark Elliott of Elliott's on Linden has opened a quintessential British Pub in Southern Pines at the intersection of Morganton & Broad.  Or at least it's about to open.  We were lucky enough to attend the "soft opening" last night.  The only thing about The Sly Fox that's not 100% authentic is th...
Posted almost 4 years ago
The inventory of single family homes for sale in the MLS for the Pinehurst - Southern Pines area has risen to about 1,100 from the 2009 year end level of under 1,000.  In a normal year, our inventory would be in the 900's.  It is prime "selling season" in the local market, so hopefully some of th...
Posted about 4 years ago
Caterino's in Southern Pines has just made the transition from a deli to a full service restaurant serving lunch and dinner.  The italian dishes and authentic and they are huge.  Nick Caterino and his wife have done an awesome job creating a small spot with big flavor and unmatched hospitality.  ...
Posted about 4 years ago
Actually, one month into 2010, it is good news that there are 1,001 single family homes on the market in Moore County.  We are still running 10-15% over normal.  In this market, that's pretty good compared to other areas of the country.  The excess inventory is dominated by homes that are in need...
Posted about 4 years ago
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Noel McDevitt

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Southern Pines NC Real Estate and Horse Farms