Sandhills Real Estate November 11, 2012

Page 1

19 HIGHLAND DRIVE in

WHISPERING PINES Private Golf Front Property $289,500

Open House Saturday & Sunday November 10 & 11 1 - 4 PM L on Hardee - R on Highland

www.seetheproperty.com/101446

Pinnock Real Estate & Relocation Services, Inc.

Lucretia Pinnock Business 910-692-6767 Cell 910-215-6957

"5 Reasons to Buy A Home Now!" KCM report available. For Your copy, call or email.

AllPinehurst@gmail.com

$259,000 WHISPERING PINES 4BR-3BA Brick home w/Waterview of Thagards Lake! Walkout basement w/Rec. Room, 2 Master Suites, REAL Oak floors, Lots of Marble & Granite. MLS 150912

$199,900 WOODLAKE, 3BR-2BA on a THREE LOTS! Split floor-plan w/FPL, vltd ceilings, Granite Kitchen, Screen Porch & huge Workshop. Master Suite has jacuzzi tub, w/i shower & WIC.

$243,000 FOXFIRE, 3BR2BA w/Carolina Rm. Custom built, all brick, Golf Front (2nd Green). Split floor-plan, high ceilings & big rooms. Bright, upscale & maintenance free! MLS 149066

Just Reduced $180,000! Has that totally "like new" feel! Upgraded and Updated in 2011 with New Roof, Paint, Hardwood & Tile floors throughout, Appliances in Kitchen, New cabinets in Kitchen, Remolded bathrooms, with sinks and vanities! MLS# 150199

Golf Front home with room for everyone and their hobbies! Living Room with fire place, Carolina Room, 3 Bedrooms, 3 Baths, Office, Studio, Workshop, Basement Family Room with fireplace plus much more! This home has so much and is a great value at $200,000!

MLS# 150944

115 E. Pennsylvania Avenue, Southern Pines, NC

www.PinehurstHomeSearcher.com

Peggy Floyd 910-639-1197

Peggy@PinehurstLuxuryProperties.com

$369,000 COTSWOLD of PINEHURST, Newer Luxury Townhome, 4BR-3BA, extensive HW floors, Granite & Cherry Kitchen. All Brick construction w/Pool & Tennis Court!

$242,000 PINEHURST, newer, all BRICK, 3BR-2.5BA w/BONUS RM. Formal DR, grand Master Suite, lg deck & Fenced Yard. On the “Prettiest Cul-de-Sac in Pinehurst!”. MLS 148843

We’ll Sell Your Home for $2,995! (910) 295-1600 Visit www.SellersHomes.com

35 MCNISH - MLS #145289 65 FOREST LANE - MLS #149427 3 bedroom all brick home in Talamore 3 br 2 ba on quiet street in Pinehurst. 2 Golf Club. Bonus room upstairs, granite car garage, covered deck, large walk-in in kitchen, hardwoods, private back yard. closet, separate dining room, fireplace, Office or study, 2 car garage, lovely breakfast nook, split floor plan. private back yard. New price $198,000. Talamore best buy at $310,000

www.PinehurstLuxuryProperties.com

Martha Gentry’s Home Selling Team Featured Properties PINEHURST

FOXFIRE

$225,000 Pinehurst

Foxfire

Lovely brick home in golf course community in immaculate condition! Great location on quiet, wooded lot with easy access to private walking trails. Outstanding, easy-access walk-up storage space, separate workshop/golf cart garage.

3 BR / 2 BA

www.18ShamrockDrive.com

$274,900

This beautiful house has tons of elegant upgrades! Located on the end of a quiet cul-de-sac, this home offers a bright and open interior with hardwood floors, plantation shutters, completely updated kitchen and baths and new carpet in the bedrooms.

Code 953 3 BR / 2.5 BA

www.30IdlewildRoad.com

Code 954

PINEHURST

Pinehurst

$464,900

4 BR / 3 BA

Code 955

Beautiful home built by Masters Properties and located in a quiet, wooded cul-de-sac in Pinewild. Truly open floor plan features hardwood floors, vaulted ceilings, unbelievable moldings and accents throughout.

www.16AirdrieCourt.com

See all Moore County Listings at www.MarthaGentry.com and to view more listings today go to Page 2.

910-295-7100 800-214-9007

Re/Max Prime Properties 5 Chinquapin Rd. Pinehurst, NC


PROPERTY TRANSACTIONS

The Moore County Register of Deeds Office in Carthage has recorded the following property transfers valued at $50,000 or more. October 29 - November 2, 2012 Joseph C. Cook Et al. to Freedom Mortgage Corporation, Trustees Deed B3808/37 Tract 12 SP 85, $146,000. FC Pinehurst, LLC to MFVFC Portfolio LLC, Tracts 3,644,000. FC Pinehurst, LLC to MF Legacy Lakes Investments LLC, Tracts, Exception, $324,000. John L. and Patricia O. Payne to Deborah L. Powell, Lot 178 U14 P2 Pinehurst, $195,000. John R. Beith Et al. to Janet Miles, Lot 133 Knollwood Village Townhouses, $134,000. Samuel D. Fernandez Et al. to Kenneth J. and Gail M. Andrews, Unit 11 Longwood Townhomes, Sandhills Township, $194,500. Greg J. Morris Et al. to Janet McKenzie, Unit 248 Linville Gardens Condo, Mineral Springs Township, $87,500. Sandra L. Pauli Et al. to Greg J. and Pauline G. Morris, Unit A Building 13 PIII Pinehurst Manor Condo, Mineral Springs Township, $110,000. Andrew J. Dondero to Brian R. and Sarah H. Atkins, Lot 51 P4 Morganwood Seven Lakes West, Mineral Springs Township, $71,000. William C. Jr. and Cathy Smith to Francis T. Maser, PT Lot 463 Lots 462 & 464 Knollwood Heights, $600,000.

Grosvenor Properties LLC to Camina Construction, Inc. and Camina Design & Construction, Inc., Lot 84 P3 Arrowstone, McNeill Township, $55,000. David K. and Cindy L. Gill to Catherine A. and David Wadsworth Hoffman Jr., Lot 235 U2 P1 Pinehurst, Mineral Springs Township, $338,000. James T. Gaddy Jr. Et al. to Branch Banking and Trust Company, Trustees Deed B3220/113 10.143 acres, 12 SP 268, $67,500. E. Parker and Rebecca Hyman to Mark A. McKinley and Lindsey A. Simmons, Lot 427A ADD 2 S4 Whispering Pines, McNeill Township, $237,500. Ida J. Rowley Et al. to Carrie L. Rowley, Lots 1618 BL E&2 Southern Pines, $100,000. Elizabeth A. Kuhn Et al. to Gregory C. Baker, Lots 987 & 987A Pinecone Seven Lakes Mineral Springs Township, $190,000. Earl Sampson Et al. to The Bank of New York Mellon Et al., Trustees Deed B3169/01 Lot 5 Cabin Branch 12 SP 234, $170,000. Charles P. and Sharon L. Oliver to Shengde Properties, LLC, Lot 160 U6 P1 Pinehurst, Mineral Springs Township, $227,000. H&H Constructors, Inc. to Justin H. Newberry, Lot 14 P2 Shepherds Ridge, Sandhills Township, $151,000. Camden Mid South LLC to Joann M. Baker, Unit 51 Building 18 Camden Villas Mid South

Condo McNeill Township, $295,000. Wilbur J. Kistler Et al. to Rodney L. and Phyllis J. Hinman, Lot 149 U1 P1 Pinehurst, Mineral Springs Township, $235,000. James F. and Patricia A. Gowan to Ardith Bellbshara Et al., Lot 41 Lake Longleaf Seven Lakes, Mineral Springs Township, $193,000. John G. Mallow to Robert J. Kadarauch Jr. Et al., Unit 1 Palmetto House Condo, Mineral Springs Township, $176,000. J. Edward and Jayne B. Rhodes to Legacy Home Construction, Inc., Lot 428 P2 Newbury Ridge, $112,500. Curnie B. Sanders to Gregory and Patricia Simmons, Lot 45 P2 & Lot 46 P1A Pinesage, Mineral Springs Township, $227,000. Marianne Tukey Et al. to Richard J. Eschman, Unit 162 Linville Gardens Condo, Mineral Springs Township, $120,000. Farrel J. and Donna J. Griffin to Steven J. and Kimberly A. Filby, 10.49 acres, $1,000,000. William T. Parker II to Marc A. and Jennifer A. Bergin, Lot 1 Grande Pines, Sandhills Township, $155,000. Zachary K. and Amanda Garner to Aaron L. and Jennifer L. Garner, 53.7 acres, Carthage Township, $60,000. Victoria V. and John O’Donoghue to Kurt Derespino, Lot 7 White Oak Hills Carthage Township, $134,000.

240 Oakhurst Vista

LIN HUTAFF

BROKER/REALTOR®

"Selling Moore" 910.528.6427 lhutaff@gmail.com

West End

Offered at $650,000

Fabulous Craftsman style home perfectly situated among 13.5 acres of longleaf pines in subdivision of Oakhurst Vista. Quality built in 2009 for Builders personal residence. Loaded with upgrades including a Geo-thermal heating and cooling system, master bath plumbed for sauna, three levels, 6 bedrooms, 4 1/2 baths plus two large offices. Natural gas, city water, plus 2 wells.

Knollwood Village 156 Knollwood Drive

Lovely 3 bedroom/2 bath townhome situated on a large lot with views of the 8th Fairway from the Carolina Room, living/dining room and #3 bedroom. Front courtyard setting offers additional outdoor living space. Contact Joan Annis 910-690-8296 for further details. Offered at $148,900.

Joan Annis - Cell 910.690.8296

Box 1511 - 2209 Midland Road - Pinehurst, NC 28370 800.633.8576 - 910.295.5011 - Fax 910.295.6000 WWW.PINEHURSTAREAREALTY.COM

THE BEST MORTGAGE AT THE RIGHT PRICE WITH THE LEAST STRESS. GINNY WEBB

MORTGAGE SPECIALIST NMLS# 69833

Southern Pines 205 SE Broad Street Member FDIC

Foxfire $225,000 Immaculate all-brick w/golf views 3 BR / 2 BA Code 953

www.18ShamrockDrive.com

Pinehurst $274,900 Pinehurst $464,900 Beautiful home w/elegant upgrades Stunning home w/open floor plan 3 BR / 2.5 BA Code 954 4 BR / 3 BA Code 955

www.30IdlewildRoad.com

www.16AirdrieCourt.com

www.FirstBancorp.com

Equal Housing Lender

910-692-6222

Pines $159,000 Pinehurst $395,000 Southern Lovely home w/gourmet kitchen & more! Talamore Villa w/Bright & Open Floor plan Code 845 3 BR / 2 BA Code 956 2 BR / 2 BA

www.110McLeanRoad.com

www.2221CreswellDrive.com

$268,000 $950,000 7 Lakes West $224,000 Pinehurst $249,900 Pinehurst Seven Lakes South $175,000 Pinehurst Pinewild golf front with great floorplan Bright & Open floorplan w/two sun porches Custom built all brick golf-front home Charming One-story w/Open floorplan Bright & open, lovely back deck Code 874 Code 868 3 BR / 2 BA Code 872 3 BR / 2 BA 3 BR / 2 BA Code 857 4 BR / 4 Full & 2 Half Baths Code 860 3 BR / 2 BA

www.135LancashireLane.com

www.110HearthstoneRoad.com

www.130BlackstoneCourt.com

www.5LoblollyCourt.com

www.14LasswadeDrive.com

Longleaf CC $319,000 7 Lakes West $655,000 7 Lakes West $295,000 7 Lakes West $199,000 Southern Pines $149,900 Brick single story w/view of 17th green Stunning All Brick Water Front Lovely All Brick Single-Story Great Family Home in great Neighborhood Lovely Condo in National 3 BR / 2 BA Code 880 3 BR / 4.5 BA Code 882 3 BR / 2.5 BA Code 883 4 BR / 2.5 BA Code 884 1 BR / 1 BA Code 887 www.16SteeplechaseWay.com www.135AndrewsDrive.com www.129MorrisDrive.com www.42CochraneCastleCircle.com www.178BakerCircle.com

Pinehurst $239,900 7 Lakes West $349,900 Aberdeen $174,000 Pinehurst $159,800 7 Lakes West $650,000 All-Brick Golf-front in Pinehurst #6 Custom with great views of Lake Auman. One-story brick in great neighborhood Charming one-story on cul-de-sac Stunning custom on prime lake frontage 3 BR / 2.5 BA Code 888 3 BR / 2 BA Code 893 3 BR / 2 BA Code 895 3 BR / 2 BA Code 897 3 BR / 3 BA Code 901

www.120DeerwoodLane.com

www.104LawrenceOverlook.com

www.303McQueenRoad.com

www.60VixenLane.com

www.123McCrackenDrive.com

Pinehurst $299,000 7 Lakes West $205,900 Southern Pines $615,000 7 Lakes North $399,000 Pinehurst $475,000 Immaculate w/open, split floor plan Darling waterfront home w/open floorplan JoseCaminabuilthomeonwoodedlotw/Openfloorp. Gorgeous townhome in the heart of the Village Stunning waterfront on Lake Auman 3 BR / 2.5 BA Code 904 4 BR / 3.5 BA Code 906 4 BR / 3.5 BA Code 905 3 BR / 2 BA Code 914 3 BR / 2.5 BA Code 910

www.24BedfordCircle.com

www.123VanoreRoad.com

www.112BarberryCourt.com

www.497ClearfieldLane.com

View Floor Plans and Virtual Tours of Our Listings and See ALL Moore County Listings and Community Information at

www.MarthaGentry.com

www.6HollyHouse.com

Re/Max Prime Properties, 5 Chinquapin Rd., Pinehurst, NC 910-295-7100 • 800-214-9007

Military?! Check out our Military Advantage Program at www.MarthaGentry.com


When you need to know... talk to Mickey DeBernard www.NewHeritageRealty.com E-mail: Mickey@NewHeritageRealty.com

!"#$%&'()*+$#(',.))/0 ,12#()) 321-&,+0&$21)4105 .))621(',!+#)7$!')) 321-&,+0&$21)4105

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OPEN HOUSE SUNDAY 1-4 ABERDEEN -Sandpit Road

551 Sandpit Road - An Aberdeen Garden spot on 1 acre of beautiful well maintained grounds ... enjoy a garden, workshop, green house, storage, planted garden area with grape vines. This is a 4 Br !"#$%&'#$()*+#',-.#/')*'#'%0#1..2#34560!#7%(8/,,8#9,,(0:#;<=)&#$(#<=%2:#5%(,=)2%#>,,-#%28#/)8.# 8.*+#,?.(=,,+#<()?%&.#(.%(#@(,A280!#B./#7.%&#CA-<:#%88)&),2%=#0&,(%@.!#DE>F53EGB;H#I(,-#>,A&.#"# )2#C)2.'A(0&JK1.(8..2:#&A(2#%&#=)@'&:#&%+.#;%28<)&#>,%8#;,A&'#L#7,A0.#)0#,2#=.M&!#;..#;ENB;O#PQRR:STTO

Professionally Speaking

Dear Community,

VETERANS DAY

Veterans Day is an official United States holiday honoring armed service veterans. It is a federal holiday that is observed on November 11. It coincides with other holidays such as Armistice Day or Remembrance Day, which are celebrated in other parts of the world and also mark the anniversary of the signing of the Armistice that ended World War I. (Major hostilities of World War I were formally ended at the 11 th day of the 11 th hour of the 11 th month of 1918 with the Germans signing the Armistice.) U.S. President Woodrow Wilson first proclaimed Armistice Day for November 1,1919. In 1945 WWII

Stratford II - Coming Soon 5%==#%1,A&#1A)=8)2@#&')0#%==#1()*+#"LU# 1.8(,,-# ',A0.# ,2# %# VA)&.# *A=L8.L sac lot in Whispering Winds. 3 bed, master suite, family room, study, upstairs deck, plus lower level walkL ,A&#/)&'# TLWT#(.*#(,,-:#/,(+0',<:# and 2 additional bedrooms, Will *A0&,-)X.#&')0#',-.#M,(#Y,AO

President

Year

Average Closed Price

Total Sold

Days on Market

2011

$244,366

880

162

2012

$242,921

886

$252,021

2009

14 New Day Way BK7$#N(..2#%28#"#;&%(#\#F2.(@Y# ;&%(#*.(&)[.8#',-.!#$A)=&#&,#&,-,(L (,/60# 0&%28%(80!# ;,=%(# 7,&# ]%&.(# ;Y0&.-!# K# W# $.8# 0<=)&# $.8(,,-# <=%2# /)&'# (.%(# 5%(,=)2%# >,,-!# ]%=+)2# 0',/.(!# Q"Z T# ],(+0',<# with separate HVAC. NAHB/ Green. Save $6K - Now $279,900!

With Great Appreciation!! Arvilla Sheron

Single Family residential Average sales price, units closed and average days on market in Moore County only. Stats provide by the Pinehurst-Southern Pines Area Multiple Listing Service. Arvilla Sheron – President.

2010

725 SE Lake Forest Dr. FZ<.().2*.# &')0# 8.0)@2.(# 8.*,L (%&.8#',-.!#FZVA)0)&.#*,=,(%&),20# L#[2.#-,=8)2@0:#'%(8/,,80:#&()-# /)&'#=)@'&)2@#.Z&(%0O##K#R#$.8#W!"# Bath home. What a master suite /)&'#,M[*.J0&A8Y!#4%+.#C)2.'A(0&# 5,--A2)&YO# Save $5k - Now $489,900.

veteran Raymond Weeks had the idea to expand Armistice Day to celebrate all veterans, not just those who died in World War I and presented a bill to Congress to this effect. President Dwight Eisenhower signed the bill into law on May 26, 1954 and Congress amended this act on June 1, 1954 replacing "Armistice" with ''Veterans'' and it has been known as Veterans Day since. Our Board of Realtors wants to thank all in the armed forces (both current and past) for their sacrifices in keeping our country safe.

178

862

$258,569

172

693

Moore County, Single Family, residential only, number of closings by month:

156

Year

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sept

Oct

Nov

Dec

2011

56

47

75

70

81

93

88

75

70

68

61

77

67

74

67

2012 2010 2009

63 45 20

57 51 41

68

66

72

94

42

56

101 78 45

83

112 79

2012 Board of Directors:

Arvilla Sheron – President Lari Dirkmaat – President-Elect Greg Regan – Secretary/Treasurer Christine Menear – Director

Laurie Davis – Director Marcus Larose – Director Eileen Malan – Director Ross Laton – Director

81 77 76

90 70 59

100 77 67

83 54

67

65

Margaret Hinesley – Director Dianne Forsberg – Director Anita Emery – Director Walter O’Hearn – Director Peyton Gentry – MLS President

Pinehurst - Southern Pines Area Association of REALTORSÂŽ, INC. The Voice for Real Estate in the Sandhills www.pinehurstncrealtors.com

Published every Friday by The Pilot in partnership with the Pinehurst-Southern Pines Area Association of REALTORS, with a circulation of 19,000. Deadline for the Sandhills Real Estate Guide is 5:00 pm on Tuesday.


MOORE COUNTY HOME BUILDERS ASSOCIATION

By Bob Van Houten Moore County Home Builders Association President

Should I Refinance?

Interest rates are lower today than they have been in nearly 40 years. What is the interest rate you are paying on your existing loan? Is it worth it to refinance? Whether you should refinance your mortgage depends on a variety of factors. You probably should not refinance if your current loan is less than two percentage points higher than the rate at which you could obtain a new loan. You also need to

consider how long you intend to stay in your current home. If you plan to move during the next couple years, you may not be able to recoup the cost of the various fees your lender will charge for the new loan. The U.S. Federal Reserve Board says that refinancing can be a good idea for home owners who: have an adjustable-rate mortgage (ARM) and want a fixed-rate loan (knowing exactly what the mort-

gage payment will be for the life of the loan); want to convert to an ARM with a lower interest rate and/or more protective features (such as a better rate or payment cap); want to build up equity by converting to a loan with a shorter term; want to draw on the equity built up in their house to get cash for a major purchase or for their children's education. If you choose to refinance, you may have to pay many of the same fees you paid when you obtained your original loan. For instance, your lender will ask for an application fee, which covers the cost of processing the application and verifying that your credit is still good. This fee usually runs

about one percent of the loan

amount. Likewise, you will have to have your home reappraised so that your lender will know how much it has changed in value. If the appraised value has increased substantially, you may have a greater amount of equity to tap. A title search will have to be done so that the lender will know that nobody has established a claim to your property since the original search was done. Often, you can save a considerable amount of money if you hire the same firm that did the original search. When all

the application documents have been

processed and all the searches and checks are complete, you can then go to closing, which will be similar to the closing on your original loan. Generally, the lender will charge a fee to cover the cost of the fee charged by the attorney who oversees the closing ceremony and makes sure that all of the necessary documents are properly signed. The largest single cost of a refinance is likely to be discount points. These generally run from one to three percent of the loan

amount and are imposed by the lender to raise the yield on the loan. For a simple refinance that does not involve any home improvement, these points are not entirely tax deductible in the year you refinance. Instead, you must deduct them evenly over the life of the loan.

If you are considering refinancing, shop carefully, because costs may vary significantly from lender to lender or from area to area. For more information on buying, financing, building, maintaining or remodeling your home, contact the Moore County Home Builders Association at (910)944-2992 or visit us online at www.mchba.com.

Local Builders & Home Services HOMEOWNERS INSURANCE

Visit our website or give us a call for a 409 Johnson St, Aberdeen FREE Quote. 910-944-2848

PIONEERINSURANCE.COM

Daniel Adams, owner

Aberdeen Carpet & Flooring Center

(910) 295-1504 • www.danieladams.com

WAYNE HADDOCK 6895 NC HWY 211 W • PINEHURST

Carpet • Hardwood • Laminate • Ceramic • Vinyl

910-944-6204 • www.aberdeencarpet.com

295-5400

Located Next to Gulistan Carpet • 3086 Hwy 5 Aberdeen, NC • Hours: Mon.- Fri. 9-5, Sat. 9-4

Financing Available

danny@danieladams.com

PROVIDING Custom Homes Remodeling Metal Buildings

Re

CERTIFIED GREEN BUILDER • ADDITIONS REMODELING • CUSTOM BUILT HOMES

QUALITY WORK AT REASONABLE RATES It’s Time to Get Comfortable™

OFFICE: 910-281-4567 or 800-682-9276 Ken Rice ~ Owner/30 Years Experience NC License No. 54148

www.LeClaireConstruction.com

Commercial & Residential Service On All Brands - New or Existing

24 HOUR EMERGENCY SERVICE

HOMEOWNERS INSURANCE You can trust us to protect you and save you money! Visit our website or give us a call for a FREE Quote. HOME • AUTO • BOAT HEALTH • BUSINESS • FARM

910-944-2848 WWW.PIONEERINSURANCE.COM 409 Johnson Street, Aberdeen, NC

Do you hate your kitchen, bath, interior or exterior of your home?

Call Steve Pattison

910.279.5709

NC Licensed | Free Estimate & Design 43 Years in Historical and Modern Restoration & Building


HomeServices and Brookfield Announce a New Residential Real Estate Franchise Brand—Berkshire Hathaway HomeServices®

Prudential Gouger O'Neal and Saunders Real Estate, a member of Prudential Real Estate since 1995, is proud to announce that our parent company has alligned itself with one of the most respected business leaders in the world. Warren Buffett and his real estate group HomeServices of America, have partnered with Prudential Real Estate introduce an exciting new franchise entity “The announcement of Berkshire Hathaway HomeServices® signals a defining moment in real estate. It unites the strengths of two industry leaders, bringing together unparalleled operational excellence, innovation and integrity. With a vision to become the most valued real estate company in the market, this powerful new network, available to affiliates in 2013, will exemplify the reputation of Berkshire Hathaway—among Fortune’s 2012 most admired companies. It’s a new day for the housing market. And Berkshire Hathaway HomeServices® is a new kind of franchise, one that’s set to redefine the future of the industry.”

MINNEAPOLIS, MINN. (Oct. 30, 2012)— HomeServices of America, Inc.™, a Berkshire Hathaway affiliate, and

Brookfield Asset Management, announced today that they have partnered to introduce Berkshire Hathaway HomeServices®—a new franchise brand that joins the existing brands and affiliate networks of Prudential Real Estate and Real Living Real Estate. Berkshire Hathaway HomeServices® combines the financial strength of both organizations, coupled with the operational excellence of HomeServices and superior real estate franchising experience of Brookfield. The combined networks of more than 53,000 Prudential Real Estate and Real Living Real Estate agents generated in excess of $72 billion in residential real estate sales volume in 2011, and operate across more than 1,700 U.S. locations.

“Berkshire Hathaway HomeServices is a new franchise brand built upon the financial strength and leadership of Brookfield and HomeServices,” said Warren Buffett, chairman and CEO of Berkshire Hathaway Inc. “I am confident that these partners will deliver value to the residential real estate industry, and I am pleased to have Berkshire Hathaway be a part of the new brand.” “We are honored and proud to be entrusted with the use of the Berkshire Hathaway name as our new real estate franchise brand,” said Ron Peltier, chairman and CEO of HomeServices. “We will convey the strength of Berkshire Hathaway’s reputation and its associated principles of integrity and financial stability in everything we do.”

Berkshire Hathaway HomeServices® unites proven operational excellence, demonstrated integrity and the reputation of Berkshire Hathaway— among the world’s most admired companies, according to Fortune’s 2012 ranking—to deliver its real estate franchise offering in the market. This combination enables brokers and affiliates to attract and retain the best agents to provide superior customer service and to drive performance and profitable growth. Berkshire Hathaway HomeServices® will be available in 2013. “The strength of the Berkshire Hathaway name, coupled with the operational excellence of HomeServices and the franchising experience of Brookfield, positions Berkshire Hathaway HomeServices® as a leading real estate franchise in the U.S., building on our traditions of exceptional client service and innovation. Brookfield is excited to be a partner in creating a home for the best real estate brokers and agents in the country,” said Bruce Flatt, Brookfield Asset Management CEO. Berkshire Hathaway HomeServices® will be led by an experienced management team including Earl Lee, Chief Executive Officer; Stephen Phillips, Chief Operating Officer; Brian Peterson,

Chief Financial Officer and Aleya Chattopadhyay, Chief Marketing Officer. Information about Berkshire Hathaway HomeServices® is available at: www.berkshirehathawayhs.com

About HomeServices of America, Inc.™

HomeServices of America, Inc. is the nation’s second largest, full-service residential brokerage firm and one of the largest U.S. providers of integrated real estate services. HomeServices is owned by MidAmerican Energy Holdings Company, a consolidated subsidiary of Berkshire Hathaway Inc. Since it became a MidAmerican affiliate in 1998, HomeServices has grown from 4,000 agents in three markets to more than 16,000 agents in 21 states. HomeServices is comprised of some of the industry’s most respected real estate firms, specializing in brokerage, mortgage, title and escrow services, insurance and relocation. Each of the HomeServices’ companies has been serving clients for an average of more than 60 years and is regarded for unparalleled service. During 2011, the company’s associates facilitated nearly $32 billion in residential real estate sales and closed over $3.0 billion in home mortgages. From 1998–

2011, HomeServices transacted nearly 1.9 million brokerage units with a total sales volume of more than $506 billion. For more information, visit www.homeservices.com About Brookfield

Brookfield Asset Management Inc. is a global alternative asset manager with over $150 billion in assets under management. The company has over a 100-year history of owning and operating assets with a focus on property, renewable power, infrastructure and private equity. It has a range of public and private investment products and services. Brookfield is co-listed on the New York and Toronto Stock Exchanges under the symbols BAM and BAMA, respectively, and on NYSE Euronext under the symbol BAMA.

For more information: Brookfield Residential Property Services is a leading global provider of real estate and relocation services, technology and knowledge, and a division of Brookfield Asset Management. Through its North American real estate and relocation operations, it has more than 75,000 real estate professionals in more than 2,800 locations, transacting over $150 billion in 2011. Prudential Real Estate and Real Living franchisees are independently owned and operated. Prudential, the Prudential logo and the Rock symbol are service marks of Prudential Financial, Inc. and its related entities and are used under license, with no other affiliation with Prudential. For more information, visit www.brookfield.com or for further information please contact: Marisa Mulqueen Office: 212704-8112 Mobile: 646-351-2309

Open Houses

This Weekend

OPEN HOUSE SUNDAY - NOV 11th • 1:30 - 3:30pm 422 Teakwood Lane Southern Pines 3BD/2BA Townhome

MLS# 149791

$163,000

Directions: Midland Rd. to Pennsylvania Ave., right on Knollwood Village, 2nd right onto Teakwood

Janet Dustin Hosted by Sue Deutsch

910-639-9909

OPEN HOUSE SUNDAY - NOV 11th • 1:00 - 4:00pm 110 Pine Brae Lane Aberdeen

4BD/2.5BA + Bonus Room, Inground Pool

MLS# 149651

$305,000

Directions: Glen Laurel - US1 turn on

Magnolia by Applebees then left on Pine Brae Lane

Kelly Curran

kellycurran.yourkwagent.com

910-400-5412

Saturday, November 10th from 2-4 Hosted By: Debra Cook

1145 Burning Tree Rd. Pinehurst, NC 28374

MLS # 149259 • $359,000

Come visit this lovely 3 bedroom, 2.5 bath home on Burning Tree Rd. Huge Bonus Room and Screened Porch. Quick walk to Lake Pinehurst.

www.McDevittTownAndCountry.com • 910.693.7901



2012 Moore County Residential Pending Sales trends - A repeat of 2011 trends!

MOBILE SEARCH with

www.prupinehurst.com

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$70,000

$85,000

150877 Carthage: Brick ranch on almost 3acres. Hrdwd Flooring, 2-woodburning frplc. Needs TLC! 3BR/2BA. $70,000 T309470

150660 Carthage: Spacious 3BR manufactured home on almost 8acres. Frplc, Lrg Ktchn. "As Is, Where Is" $85,000 T838836

Beverly Del Giudice 603.9903 692.2635

147576 175 WIREGRASS LANE, THE ARBORETUM, DIR.: East on Midland Road; Right Knoll Road; Left into The Arboretum. Like New! 3BR/3BA. Upgrades! Www.175WiregrassLane.com $406,000 T472936 Frank Sessoms 639.3099 295.5504

148017 Vass: Property consists of 7+/acres with a Pond. 2BR/1BA house. Zoned R-2. Call for details. $99,000 T443311

150904 La Foret: 2-Story LR open to loft. Corian counters, New HVAC & Fresh Paint. Carolina Room. 2BR/2BA. $132,500 T863376

148657 Broad Street Trails: 2BR/2BA Condo. LR, Ktch/Dining combo. Convenient to Ft. Bragg! $148,000 T601715

140539 Lawn & Tennis: Why Rent at this Price: $149,000?! You Can Own! 3BR/2BA, Carolina Rm. Private Patio. T353486

315.3322

783.5442

528.5669

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148708 45 ELDORADO LANE, PINEHURST, DIR.: Take Morganton Road to Doral Woods entrance; Right Eldorado; 3rd house on left. Golf Front. 3BR/3BA. $299,000 T335280

$99,000

MARKET WATCH REPORT

695.5430

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$155,000

692.2635

150107 Lawn & Tennis: 1-Floor, 3BR condo, 2-car garage, high tray ceilings LR & MBR, frplc. PCC Mbrshp. $155,000 T788806 638.0972

• Includes property details • Includes address and rental price • Includes contact info for appointment to view

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Mary Joe Worth

Eva Toney

$189,000

295.5504

$132,500

Kay Beran

$161,900

692.2635

150667 Ravenswood: Cathedral ceiling, gas-log frplc, maple cabinetry in ktchn, 3BR/2BA. Pool. $161,900 T506994 315.6225

Nettie Calfee

$189,000

692.2635

149629 Lake Pinehurst Villa: 2nd Row w/Lake View! Bright & Excellent Condition! Flexible 3BR/3BA floor plan. $189,000 T752441

148771 Village Acres: LR w/frplc, Hrdwd Floors, 3BR/2.5BA. Lovely front porch, large back deck for entertaining. $189,000 T615182

315.3322

528.5669

Kay Beran

$199,000

692.2635

Marie O'Brien

$210,000

295.5504

783.7374

Linda Criswell

295.5504

$148,000

Jim Lawson

692.2635

$165,000

150000 Bishops Ridge: Fresh Paint, New Carpet! Move-in Ready! Rare Opportunity! Convenient to So. Pines. $165,000 T778676 639.1148

Bill Brock

$189,000

692.2635

783.6061

Donna Chapman

$149,000

Marie O'Brien

$184,500

692.2635

295.5504

150213 Pinehurst: Nice 2BR/2BA home on Catalpa Lane. Den, Large LR/DR combo. Screen Porch. Deck. $184,500 T802032 690.7080

Team Townley

$195,000

295.5504

145265 St Andrews Condo: www.206StAndrewsCondo.com 3BR, 2BA Condo with PCC Mbrshp. Furnished. $189,000 T302840

142261 So. Pines: "Bush House" - Lots of potential! Circa 1905, 4BR/2BA, No HV/AC! Selling "AS IS." $195,000 T390700

$219,000

$221,000

639.3099

Frank Sessoms

295.5504

315.3324

Emily Hewson

295.5504

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146938 Knollwood Heights: Traditional 3BR/2BA Ranch. Hrdwd Flrs LR, DR, Den & Bdrms. Granite. Deck. $199,000 T443873

150756 Pinehurst: Updated 3BR/2.5BA home. Hrdwd throughout. Corian. Frplc. 2-Pantries. 2-Wrkshps. $210,000 T850253

145997 Highland Trails: Comfortable 4BR/3BA Family Home! Convenient to Ft. Bragg. Move-in Ready! $219,000 T353591

150063 Pinehurst: Charming retto all brick, 3BR/2BA home. PCC Mbrshp avail. Great layout! Galley Kitchen. $221,000 T784765

315.5013

783.5193

315.5013

783.5193

Carol Haqney

$225,000

692.2635

Debbie Darby

$235,000

295.5504

Carol Haqney

$249,000

692.2635

Debbie Darby

$249,000

295.5504

• Through the power of our national database, Prudential Real Estate provides every seller we work with the opportunity to see the web distribution and online activity on their listing. • Local MLS activity including price changes, new listings and sales all in a weekly performance report sent via e mail.

Our Sellers love it and we do to!

For More Information, Text the “T” Code to 85377

150111 Pinehurst Trace: Senior Community. 3BR/2BA home on 2 lots. Many custom Features! 2Car Garage. $225,000 T789423 Arvilla Sheron 639.5133 295.5504

$250,000

140685 Middleton Place: Lots of extras! LR/DR one large area, 2BR/2BA, frplc, solid surface, brkfst nook. $250,000 T390655 Emily Hewson 315.3324 295.5504

149973 Midland CC: LR w/Brazilian hrdwd flrs, eat-in ktchn, custom cabinetry & solid surface. 2BR/2.5BA. $235,000 T778676

147924 Aronimink: Renovated from the floors up! Hrdwd, New Baths, Dream Kitchen! Frplc. 3BR/3BA. $249,000 T443819

690.4705

783.6061

Bonnie Baker

150414 Carthage: Lovely 3BR/2BA home in a country setting. Open & Spacious! 1.76acres. $249,000 T817672

692.2635

Michael Harrell 528.4386 692.2635

149398 7 Lakes West: Brick, 3BR/2.5BA home. Ktchn w/island cooktop. LR w/gas frplce. Walk to clubhouse. $260,000 T682763

149411 Middleton Place: Move-in Ready! Updated! Immaculate! 2BR/2BA. Waiting for You! $260,000 T734336

149223 Aberdeen: Brick home w/5.58acres & 1100sf office/garage/wrkshop! Large Deck. 3BR/2BA. $275,000 T666825

783.7374

215.2869

$260,000

Linda Criswell

692.2635

295.5504

Donna Chapman

$260,000

Pat Koubek

$275,000

692.2635 639.1148

Bill Brock

692.2635


PINEHURST RESORT REALTY Located in the Lobby of the Carolina Hotel

910-235-8700 • 1-800-772-7588 E-mail: pinehurstresortrealty@pinehurst.com

GOLF FRONT HOME on famed Donald Ross No. 2 course. Located in The Fairwoods on Seven, a gated community. Overlooks the 4th tee of Course No. 2. Well maintained home. New roof and heat pump 2009. Newly painted interior. Large Master Suite, bedroom, sitting room, and office. 3BR2.5BA $625,000 (137891)

LOCATION PLUS PRIVACY! All brick custom-built home on prestigious Donald Ross Dr. Open Kitchen w/hearth room w/fireplace & built-in bookshelves. Hardwoods in main living areas. Abundant of cabinets & drawers for storage plus large island. Master bedroom has “his” & “her” bathrooms plus room for sitting area & large walk-in closet. 3BR/3BA $345,500 (150680)

CUSTOM maintenance free home on a nice level lot in a great area. All walls in the home insulated making it very energy efficient. Smooth ceiling, nice molding, 2 gas fireplaces, tiled Carolina Room. Kitchen is great! Nice Master Suite. Bonus Room has direct access to full bath & could be a fourth bedroom. 3BR/3.5BA $449,000 (147941)

MINT IS THE WORD FOR THIS HOME. Very private lot. Never anyone to the back. Cherry hardwood floors. Updated Kitchen with granite counter tops. Convenient to Village and Pinehurst Country Club. PCC membership available for transfer. $335,000 3BR/3.5BA (144336)

Realtor of the Week ELIZABETH CHILDERS Pen

CUSTOM BUILT open floor plan w/split bedroom plan. Mahogany floors in Foyer, Dining Room, Hallways, Kitchen & Family Room. Family Room w/gas fireplace opens to Kitchen & Eating Area. Adjoining deck is TREK & has electric awning. Master Suite has 2 walk-in closets, double vanity, separate shower & whirlpool tub. PCC member. avail. for transfer. 3BR/2BA $274,000 (149927)

Knollwood Heights brick with vinyl trim home. Updated Kitchen. All appliances included. Located on 1.2 acre wooded lot. Updated wiring and plumbing. Fireplace, crown molding and oak hardwood floors throughout. Two car garage. Two walk-in storage rooms. Second water meter for yard. New roof July 2012. 3 BR/3BA $319,500 (147147)

Remodeled in 2007. New appliances, carpet, tile, wall covering, Kitchen counters. PCC membership available for transfer. 2BR/2BA $168,500 (140522)

NEW INTERIOR PAINT and ready for buyer to choose flooring. Full partially finished basement with outside entrance. 16x12 deck with screened area underneath. New gutters and garbage disposal. 3BR/2BA $229,999 (148029)

WATERFRONT HOME ON LAKE LONGLEAF. Beautiful hardwood flrs. Kitchen, baths & laundry which have tile. Home could have as many as 4 or 5 bedrooms. The downstairs has a finished Bonus Rm, full bath, workshop, & unfinished Family Area. Living Rm and Dining Rm have access to screened porch & the private backyard & lake. 3BR/4BA $299,000 (146141)

GREAT UNIT w/lots of upgrades..hardwood floors, granite counters, gas logs, rear deck. Used as a second home and is in excellent condition. PCC membership available for transfer. 2BR/2BA $165,000 (147919)

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HIGH QUALITY FEATURES throughout this special Violette Brothers home. Beautiful wide plank hardwood flooring, upgraded Kitchen, cabinets and granite with loads of pull out drawers for storage, and island breakfast bar. Third bedroom is above the garage with full bath. Lovely private rear deck overlooks wooded area. 3BR/3BA $242,000 (150505)

NICELY FURNISHED GOLF FRONT three bedroom unit located on the 2nd fairway of PCC No. 5 course. New vanities and many upgrades in the last year. Condo is and can remain on the Hotel rental as long as new owner agrees to the management rules and regulations. 3BR/2BA $217,500 (146648)

LARGE GREAT ROOM w/sliding door leading to Carolina Room. Split Beautiful Kitchen bedroom plan. w/granite counter tops. Pergo floors in main areas. Fully fenced back yard. 2BR/2BA $169,500 (148527)

GROUND FLOOR three bedroom unit with nice views and privacy. Comes fully furnished including stack washer/dryer. PCC membership available for transfer. 3BR/2BA $174,400 (139019)

We are here 7 days a week to answer your questions and meet your real estate needs or call 1-800-772-7588 910-235-8722 • E-mail: pinehurstresortrealty@pinehurst.com

Joanne Padgett Broker in Charge CRS/GRI & GREEN

Elizabeth Childers Associate Broker CRS/GRI

Joe Violette Associate Broker

Pete Garner Associate Broker ABR

Roger Johnson Associate Broker

Harwell Stovall Associate Broker

Ann Benton Associate Broker GRI/ABR/RRS & GREEN

Faye Gibson Associate Broker GRI/ABR/RRS


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