I have lived and worked in Greenville, NC for just shy of 30 years. When I moved to “the best little city in the South” we had a population inside the city of about 30,000. Today we have approximately 80,000. East Carolina is now the second largest university in the state system. Our hospital, Pitt County Memorial, has the only level I trauma center east of I-95. We have 5 East Care helicopters, the Heart Center at PCMH has the largest operating rooms east of the Mississippi River and the Heart Center at ECU is the home of Dr. Randolph Chitwood and his merry band of world-class cardiologists. The new Dental School is under construction. The six-story Children’s Hospital has been approved. Brody School of Medicine is expanding and is adding a School of Public Health. Pitt Community College hs over 6000 students and is adding a 71,000 square foot classroom building on campus. In addition to that, our housing market is stable, afforable and attractive. Our median sales price is below $150,000 which makes home ownership possible for many people. Being a college town, we also have a variety of rentals available for both students and your professionals. The average age in Pitt County is 32…a byproduct of the university, community college and medical campus. So while we have a long history our population is fairly young. So….with interest rates low and home prices afforable this is an excellent time to buy a home. And Greenville/Pitt County is an excellent place in which to buy.
One of the by-products of working with buyers is finding great homes…for someone else. So I have decided that each Friday I will compile a “good buy” list to share with ya’ll. These are homes that are priced really well, have unique floorplans, unexpected updates to the interior, wonderful yards or locations, or a combination of any or all of these features. For instance, there is a neighborhood in Winterville, North Carolina which has three new homes in different price ranges….all three have been reduced $50,000. The builder is simply moving the inventory and the winner here will be the lucky buyer. Tucked into an interesting neighborhood near 10th Street, Greenville NC and a short drive to East Carolina University is a remodeled bungalow…two bedrooms, two new private baths, a half bath, laundry room, updates throughout…and has a lovely little price tag. Looking for the charm of Craftsman style homes? I know where to find them….Tulls Cove, Davencroft Village, Willow Run. Perhaps you want a new(ish) home in a golf course community. Well, there are several in Ironwood, Greenville, NC and only 5 and 1/2 minutes from the entrance of Pitt Memorial Hospital for those who need to get to work quickly. And home quickly. So call or email me for the details on these homes and others. In this age of tax credits, low interest rates and motivated sellers you cannot afford to wait. Act now..call me.
That’s Davencroft Village, actually. Tucked in behind Davencroft and Sterling Trace, through a raised berm and decorative fence, and sided by a rolling meadow is a fourty lot neighborhood of craftman style homes. Each unique house has a combination of stone and siding, architectural roofs, mission style windows and doors, double garages and covered porches. At the end of Davencroft Village Drive is a green space perfect for walking your dog or planting wild flowers for all to enjoy. Now is the time to pick out your lot and select your home plan. Interest rates are historically low, materials are the most affordable in years and economicallly, those who buy in early get the most for their money. So don’t wait! Call me at 252-917-4556 and I’ll get you started on the path to your new home.
Okay, one of the joys of my life is selling a home to a new family/person. It’s like fitting that last piece in the jigsaw puzzle…it just feels good. The other joy is finding a great bargain and sharing the news with someone else. There are those who, when complimented on an outfit or shoes, just accept the praise and move on. Not so with me!! I want you to know where I got it and how it can be yours. And that’s why you should know about the TJMaxx in Greenville, NC. They currently have an incredible selection of salon shampoos and conditioners (the same brands I see on the shelves where I get my hair colored and roots hidden), designer fragrances, french milled soaps, hair sprays and “shine -0- rama” spritzers. PLUS, face creams and nail polishes with fancy names. They also have a huge selection of handbags and luggage. There are days when I get dressed and realize that every item on my body came from TJMaxx, as well as the hairspray on my head. So in these days where we all should make our dollars go further, get yourself fluffed up at TJM and then call me….I’ll find you that perfect home with just the right bells and whistles. And a big ole closet for those shoes and bags
I awoke in the middle of the night with this question on my mind, “How do I spread the word?”. Blast emails? Radio? How about an airplane banner flying over Pitt County? The “word” is that we are running out of new construction inventory!! In 2008 we had 900 building permits approved…less than a third of that in 2009. Now, we all know a few reasons for this and I won’t bore anyone with redundancy. But the ground truth is this….for the past 20 years 33% of our local market has consisted of new construction…until now. Our current new construction inventory is less than 18% of the active listings, less than 15% in the Winterville area. Factor in the last 6 month absorption rate and we now have a 9 month supply of new contruction for sale in Pitt County. So? Well, let’s add this up. Low new home inventory + Spring market + Lack of new “starts” in construction = No Sales and Huge Missed Opportunities for builders, buyers, bankers and those of us who work in the real estate/construction industry. Builders need bankers who will make loans for new construction. Bankers need to look at Pitt County and it’s strengths rather than regional data sheets. And we, the real estate professionals, need to get out the ”word” that homes are selling in Pitt County and we need more homes for our buyers! So call your bankers, builders, database…we can reverse this negative construction trend.
My favorite neighborhood is….Oak Hill Farm. That’s probably because I live there, the house was custom built and we have a private rear yard which is home to many birds, including wood peckers and owls. And we have great neighbors. After all, that is what makes a community…the people. While sitting on the front porch I can watch children and dogs from up and down the street play tag and ride their scooters. Flags fly on the 4th of July. Mailboxes are surrounded by flowers. Everyone knows your name. Neighbors pick up your mail and watch your house when you’re away. And we are 3 minutes from Harris Teeter, one mile outside city limits, and a short drive to schools. There is only one house for sale in Oak Hill Farm and we’ll be sad to see the Seissels’ move away. Perhaps you would enjoy our neighborhood so check us out….1 mile south of Firetower Rd and Portertown Road.
The real estate market in Pitt County, North Carolina, is looking up! In the first 60 days of 2009 (Jan/Feb) we had 172 single family homes close (as in “new owner”). In the last 60 days (Mar/April) 246 single family homes closed with an average of 150 days on market. That is a 43% increase in closed sales. Our market usually experiences an increase in activity in the Spring but keep in mind that the homes closed in the second 60 days went under contract beginning in mid-January. We currently have 258 single family homes under contract and likely to close in the next 45 days. So the short story is…sales are up, inventory is down and rates are historically low. Plus, you woke up this morning in America. That fact, in itself, means you have already won the world lottery. So go forth and buy a house.