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Old 03-09-2013, 03:36 PM
 
6 posts, read 12,487 times
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I'm AF and we'll be relocating to Pope this summer. I think I've finally narrowed down where we want to live to either Pinehurst or the Jack Britt area (basically I want to buy in an area that feeds into either Pinehurst elementary, Stoney Point, or New Century). We don't want to keep this house when we move again (4-5 years) because we're keeping/renting our house here in San Antonio. So knowing we're buying a house we want to sell again in 4-5 years, I'm trying to figure out which place has the best resale potential.

As far as I can tell Pinehurst and the area that feeds into Stoney Point are more established neighborhoods, not much new consturction. Whereas the New Century area is all new construction. I don't know if it's better to buy in an established area so when we go to sell we aren't competing against new construction or if it's better to buy new construction?

And based on what I see online it looks like the average number of days on the market in Pinehurst is 140-ish and the average in Fayetteville is around 100, so not too much different. But do you have any opinion on if one or the other areas would be a more sure resale?

Thanks for any input!!
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Old 03-09-2013, 03:53 PM
 
Location: Fayetteville, NC
1,490 posts, read 5,235,249 times
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It's really two different real estate markets. So I can't give you a good comparison.

I will say even looking into the future you will have a hard time competing against new construction that is selling for $70 a Sq. Ft. So buy a underpriced house in an established neighborhood away from new construction. You can find good deals on bank owned properties here.
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Old 03-09-2013, 07:40 PM
 
Location: Raleigh, North Carolina
2,619 posts, read 2,935,629 times
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really depends. pinehurst is a lot smaller than fayetteville and rich people moving into the area is not very often anymore. fayetteville has a lot of high ranking military officials and other military, and a lot of wealthy corporate jobs so it'd probably be easier there just because fqayetteville has 200,000 people and pinehurst has 30,000.
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