Thank you to those who attended our office open house. It was a great success, with many agents from our local association, plus a few Keller Williams agents from neighboring counties! It was great to see everyone and a special thanks to David Williams from Cary, and all the Fayetteville KW folks who came and shared their knowledge and experience with us!!

The past few Keller Williams events I've attending have been unbelievable and eye-opening. I cannot wait to attend Family Reunion and soak up the knowledge that will undoubtedly come my way.

December 7th--Pinehurst Village Tree Lighting. Join FrontGate Properties at the Mystic Cottage (Lyne's Furniture Gallery) between 5-7pm for cookies, cocoa, and carols!

105 Magnolia Road, Pinehurst, NC 28374

Ironwood Cafe, Midland Road, Southern Pines--eclectic cuisine at it's best & great service to boot!

The Italian Table, Seven Lakes

Seven Lakes Pizza Kitchen, Seven Lakes Drive--great authentic Italian pies!

Elliott's on Linden, Linden Road, Pinehurst

Dugan's Pub, Market Square, Pinehurst Village

Anymore to add to the list?

What a great time to be a buyer! Prices are dropping, interest rates are low, and you can have your pick of homes at bargain basement prices. Foxfire Village is a great example of this. Located just minutes from Pinehurst and Southern Pines, Foxfire is a quaint golf course community. A quiet neighborhood with large lots, mature landscaping, new homes, ponds, tennis...all around great amenities.

Check out some of the homes available in Foxfire--a great value in a great location!

If you're in the neighborhood, that being Southern Pines, NC, come check out the new Frontgate Office! We've renovated and are almost finished with our new high tech, high production offices. The workspace is great. I love it. Clean, new, lots of storage and my own personal space to spread out and get to work! Can you tell I'm excited?

I just have to hang new pictures of my kids and I'll be ready to sell that next home.

This Tuesday there will be a transfer tax issue on our ballots here in Moore County and in 16 other North Carolina counties. Also know as the Home Tax, the tax is paid anytime real property is exchanged, and it is paid by the seller. That seller will then net less for his home, therefore having less spending power for his next home. The effects of this are obvious. More money paid to the government and less money for consumers to spend on real estate, consumer goods, and other purchases that positively affect our economy. The tax unfairly targets a segment of the population that contribute most to the economy--homeowners.

• Most homeowners have jobs--they pay income tax. One can infer that the more expensive a home one owns, the more income tax one probably pays.
• Homeowners spend money maintaining, fixing up, and buying "stuff" for their homes--they pay sales tax.
• Homeowners pay property tax--they already pay taxes every year based on the value of their home.

How much tax can a person pay on one item?!?

Market Snapshot of Seven Lakes West, NC

October 2007

New Listings 14

Median List Price $332,450

Homes Sold 6

Median Sold Price $372,450

Average Days on Market of Homes Sold in October 203

Thank you for the opportunity to serve you. If I can be of further assistance, please email me at ShannonStites@nc.rr.com , or call me (910) 992-6231.