Sherman Pines offers New Homes in Fuquay-Varina NC

Bring Your Own Builder - New Custom Homes in Sherman Pines

Sherman Pines in Fuquay-Varina offers new homes in the $300s.

The community is 2 miles south of Fuquay-Varina on Hwy 401, in a mainly residential area.

Sherman Pines has just 21 lots, with a very close knit neighborhood feel. All are custom homes.

1.94 acres $77,900 (MLS 1694723) This lot is right on the water! Pond views.

2.04 acres $62,000 (MLS 1691376)

1.3 acres $55,000 (MLS 1691427)

Sherman Pines features two ponds, with several lots featuring water views.

Some lots are sloped and suitable for daylight basement homes.

County water is available - hook up fee is $400.

Septic systems are required, as on most lots greater than half an acre.

Homes are widely spaced. Lot sizes are large.

Sherman Pines is just across the Harnett County line, with a Fuquay-Varina address.

Lower Harnett County taxes.

More Fuquay Varina New Homes, Lots and Land

Finding Your New Home in the Raleigh Area

Stanton Homes makes it easy! We'll guide you through the entire process - select from thousands of different floor plans, and hundreds of different locations. Custom modifications available too!

Call 919-278-8070 or visit www.StantonHomes.com to find out more!

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Copyright Stanton Homes 2009. Provided for informational purposes only, no claims are made by Stanton Homes regarding the validity of any statements. Photos represent a variety of area homes. Stanton Homes is an NC New Homes Builder, with new homes in Angier, Apex, Benson, Bunn, Carrboro, Cedar Grove, Chapel Hill, Clayton, Coats, Creedmoor, Dunn, Durham, Fuquay Varina, Fort Bragg area, Garner, Graham, Haw River, Hillsborough, Holly Springs, Knightdale, Lillington, Mebane, Moncure, Morrisville, Raleigh, Rougemont, Siler City, Wake Forest, Willow Spring, Willow Springs, Youngsville, Zebulon, Alamance County, Harnett County, Johnston County, Lee County, and more!

Sherman Pines Fuquay Varina | New Homes in Fuquay Varina NC | Fuquay Varina New Home Builders

Market Report - Holly Springs Area Southwest Cary NC

Holly Springs New Home Inventory Dropped 40%

Fewer Choices for Homebuyers in 3rd Quarter - New Home Listings Down

Looking for a new home in Holly Springs NC? Thinking the choices have gotten a little thinner? You're right....

New Home inventory in Holly Springs Area and Southwest Cary was down 40% in third quarter 2009 versus third quarter 2008.

New Home Listings by Price Point in Holly Springs/SW Cary/Fuquay Varina

There was less Cary/Holly Springs/Fuquay Varina new home inventory in every price point except for the million dollar plus range, which increased from 7 to 9 homes.

Only one single family new home listing was available under $150,000 in Cary/Holly Springs/Fuquay Varina.

The $400-499K price range had the most significant reduction of Holly Springs Area new home choices - from 108 homes in 2008 to only 51 homes in third quarter 2009, a new home inventory reduction of 53%.

Holly Springs area new homes in the $500-599K range saw a 46% reduction in inventory levels.

And new home listings in the $300-399K price range saw a 44% reduction, from 131 homes to 73 homes.

Overall New Home Listings in Cary/Holly Springs/Fuquay Varina Third Quarter

In third quarter 2008, there were 615 new homes listed in the Holly Springs Area Southwest Cary area.

In third quarter 2009, there were only 366 new homes listed in the Holly Springs Area Southwest Cary area.

Builders are building fewer homes, and more home buyers are opting for completely custom packages, in every price point.

What Price Points are getting the most showings in Holly Springs Area and Southwest Cary?

If you're looking to purchase in these price points, you'll have more competition for your new home.

$300-399K new homes in Holly Springs Area saw twice the average number of showings in third quarter 2009. 33% of all new home showings were in this price point, while only 19% of total inventory is in this price bucket.

Compare With Other Areas of the Triangle

Looking for more information on new homes in the Holly Springs, southwest Cary, Fuquay Varina area?

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All statistical information courtesy of Stacey Anfindsen's TARR (Triangle Area Residential Realty) Reports. Anfindsen analyzes sales and inventory of Triangle real estate.

Market Report - Holly Springs Area New Homes - Raleigh Relocation Information

Remember to come join us in Charming Fuquay Varina for the 2nd Annual Tast of Fuquay Varina

When: Saturday Septemeber 26

Time: 12-5

There will be a Moon Bounce, Face painting, Live Entertainment!

For more information visit: www.fuquay-varinadowntown.com

Fall in love with this town. I will be glad to show you around town!

Now is the Time to Purchase Your Dream Home!

3.95% APR 30 year fixed rate

Up to 100% Financing for qualified buyers

No origination fee

No private mortgage insurance

Capital Bank is pleased to announce a special financing incentive on Capital Bank Preferred Builders selected homes only UNTIL NOVEMBER 1, 2009.

Featured Neighborhood - South Lakes in Fuquay Varina, NC

1900-2300 square feet

3 bedrooms

2.5 baths

bonus rooms

Call LINDA for a showing of any South Lakes Home : 919-454-6720 or use the "text" feature to the right.

I am sure if you are reading this blog then you have been keeping up with the market and do not need a quick synopsis of what has been happening over the past 3 years. Realtors as well as Sellers have been struggling and hoping for better days; the buyers, well are just popping popcorn watching the show.

First off, let me say that I totally understand why SOME buyers are hesitant on pulling the trigger. There is not one week that goes by when I am just in a casual conversation when someone says "I can't imagine why it's so slow for you guys, the rates are low and prices are low...buyers are crazy not to buy now". True and not true. The fact of the matter is rates and prices are low, but in general a lot of people are unemployed and if they are employed they are shaking in their boots that they will lose their jobs, so buying a new home isn't even a thought now. BUT, for those that are very qualified and secure with their employment and currently out looking at homes and giving feedback like "house needs too much work, waiting for rates to drop, waiting for prices to go down or priced way too high for competition out there.......your days are limited to have that ability to pick and choose on your watch. I have many listings that are getting a few showings, but the above is the typical feedback from the buyer's agents. In the buyer's agents defense, they give this feedback from their clients and are not really sure what the buyer is thinking or is going to do. For example, as most Realtors can tell you...they drive buyers around for 2 weeks or so and seem to be gung-ho on one house and then never hear from them or at the least hear something like "we are going to wait". That is okay in some cases, but my point is we are at a pivotal time here when buyers should definitely get off the fence and make a move within the next 8 months or so.

For the past year you have all heard reports.....we are coming out of the recession, or the economy is picking up or this or that.....well, that is coming from people who want you to believe that, ie: the National Association of Realtors or Home Builders Association or any other trade group who needs activity to increase....which is a legitimate claim given "their" studies. But now the Housing Starts have been climbing since June which is the single best indicator that the Real Estate Market, no matter where you live will start to pick up. Maybe not tomorrow or next week, but with increased Housing Starts, the countdown to recovery has begun.

Bottom line is by mid 2010 Sellers, instead of getting dreadful feedback on how bad their kitchen wall color choice is, will be getting multiple offers and scoffing at minor house flaws that buyers are giving now. Multiple offers and lower days on the market will be seen again and buyers will have to make quicker decisions if they really want that house....and be willing to come a lot closer to the Seller's asking price.

If you are in the market to buy, now is the time to get serious and do something before the rates climb and housing recovers fully. For more information on my Local Market in Raleigh, NC please visit us here.