Noel McDevitt

Pinehurst NC is a hidden gem as a retirement desitination according to an article yesterday by AOL (May 27, 2008). For those of us who live here, we've known it for years! Pinehurst is an incredible place for "retirees" who want to live an active lifestyle. In addition to golf, every day reveals another thing to do in the area. Best of all, Pinehurst is a great value when it comes to real estate. Home prices start around $200,000 and go all the way up over $3 Million. Our clients who have relocated from all over the country tell us that you can get 2 to 3 times more for your money in Pinehurst than you can in other places. Pinehurst is only about 60 miles from the Raleigh, NC area, the RDU Int'l Airport and the UNC and Duke hospitals. However, most of us don't make the drive very often. Pinehurst and the adjoining town of Southern Pines offer hundreds of restaurants, great shopping and an incredible major regional hospital that employs over 4,000 people and serves about a dozen counties. Add the great location (2 hours from the beach and 3 hours from the mountains), wonderful weather and the best neighbors, Pinehurst is worth consideration - we promise you'll be surpirsed if you have never made the trip. For more info and a hefty packet of area info, inlcuding a free area DVD, just give us a call at 800-788-8814 or visit us on the web at http://www.mcdevitttownandcountry.com

It is a great time to buy a lot in Pinehurst NC, especially one that carries with it a transferrable membership to the Pinehurst Country Club. If you are not familiar with Pinehurst, it is the home of the famed Pinehurst golf resort. Pinehurst has 8 courses in all, and 6 of them come with the Pinehurst membership - including Pinehurst No. 2, where the US Open was played in 1999, 2005 and will be played again in 2014. The bottom line is that a membership at Pinehurst rivals a membership at a premium club anywhere in the world. Memberships are available to landowners in Pinehurst - and some of the lots in Pinehurst carry with them a "transferrable membership". That means that the owner of the lot, at the time of purchase, may join the Pinehurst CC for a transfer fee of $12,000 with no further initiation fees. Buying a lot in Pinehurst, therefore, is a great investment if you are a golf enthusiast whether you live in Pinehurst or not. Moreover, if you plan to move to Pinehurst one day, you'll have a lot ready for your new house. The best news is that a Pinehurst Membership lot is a solid investment - and year in and year out, that's proven true. For example, Pinehurst Membership lots sold for an average of $33,000 in 2005, $35,000 in 2006, $50,000 in 2007, and $51,000 in 2008 so far. You hear nightmares about the real estate market all over the country. However, Pinehurst is still a solid investment. You won't get rich flipping real estate here, but you aren't likely to lose. Why? - Value and demand. A Pinehurst Membership lot stayed on the market for about 97 days in 2007. In 2008, the average is down to 86 days - that's from the time a lot is listed until the day it closes. Prices up slightly combined with the ability to sell more quickly than last year - that's a sign of a healthy market. The last good reason to buy a Pinehust lot is that they are likely to surge in price when the US real estate market gets going again, which it will. At the average pricepoint, a Pinehurst Membership lot is a great investment - one that will hold its value and one that you can actually use! For more info about lots in Pinehurst, call us at 800-788-8814 or visit McDevitt Sotheby's International Realty on the web at: http://www.mcdevitttownandcountry.com

Pinehurst and Southern Pines have of course played host to numerous Mens' and Womens' US Open Golf Championships over the last decade, but if you live in Pinehurst, you can make the short drive over to Charlotte every year to enjoy the Wachovia Championship. It's a favorite among tour players and it is a great chance to see the world's very best players each year since there's only a US Open (either Men's or Women's) every 3 or 4 years. Charlotte is one of the up and coming cities in the country if you prefer a larger (and getting bigger) city. If you prefer the quality of life of a small southern town combined with the sophistication of a larger city, come to Pinehurst and Southern Pines for a visit. It's in the heart of NC golf country, with great real estate values, perfect weather and of course some of the best golf in the world. For more information, give us a call at 800-788-8814 or visit us at: http://www.mcdevitttownandcountry.com

Looking for an alternative to living right beside Fort Bragg? Consider Southern Pines, a quaint and very sophisticated town only about 30 minutes from Base. Great restaurants, nightlife and opportunities to meet a lot of cool people. Seeing is believing - just come over for a visit. For more area info, call our office at 800-788-8814 for a relocation guide and tons of other info. Or, go to http://www.mcdevitttownandcountry.com