Welcome to Greenville-Pitt County, NC

Welcome to Greenville-Pitt County, NC

North Carolina County – Pitt CountyArea TransportationMajor Area EmployersEducation - Public, Private and Higher EducationHealth ServicesShopping and DiningRecreation and SportsFine Arts and Cultural ExperiencePoints of InterestHousing Market Trends

North Carolina

Overview of North Carolina North Carolina Borders South Carolina, Georgia, Tennessee and Virginia

Is the tenth most populous state with a population of 9,752,073 (2012 EST)

Known as the Tar Heel State and the Old North State

North Carolina is composed of 100 counties with the capital in Raleigh

Elevations range from sea level to 6,684 feet – Mt. Mitchell is the highest point in the eastern US

CLIMATE

Jan Average

TEMPERATURE

July Average

TEMPERATURE

Jan Average

PRECIPITATION

July Average

PRECIPITATION

AnnualPRECIPIT

ATION

North Carolina 40.9 (F) 77.3 (F) 3.78 Inches 5.74 Inches 49.46 inches

Weather data collected by the Southeast Regional Climate Center

Pitt County

Unemployment 8.4% (April 2013)8.7% (April 2012)

Population 172,554 (2012 Census

Estimate)

Median income $39,824(2007-2011

Census)

Median home value $159,900

Founded in 1760Greenville is the county seatCovers 655 square milesPopulation increased 25.7% from 2000-2010Diversified economy successfully blending

agriculture, education, industry, and medicine

Greenville – The “Capitol of the East”

Vibrant small city with a small town feel

Blend of rural and semi-urban living

Temperate climate

Easy access to scenic Atlantic Coast beaches

Health care, education, and business are at the heart of Greenville

Home to several international manufacturers

Large state university campus

Highly rated regional health care system including the East Carolina Heart

Institute and the Brody School of Medicine

Approximately 1.5 hours east of Raleigh

One of the fastest growing large cities in the state

Area Transportation

Pitt-Greenville Airport (PGV)—daily flights to

Charlotte/Douglas International Airport

Express Raleigh/Durham International Airport

approx. 90 miles from Greenville Greenville Area Transit (GREAT)—local

mass transit bus system Amtrak—passenger train located approx. 40

miles northwest of Greenville in Rocky Mount

Area Transportation/Highways

Several major U.S. and state highways

converge to provide easy access to the

interstate highway system Approximately 30 miles from I-95

corridorThe City of Greenville continues to add

comprehensive system of greenways

for bicycle and pedestrian transportation.

Major Area Employers

Company Product/Service Estimated

Employment Vidant Health Health Care 7,868East Carolina University Education 5,795Pitt County Public Schools Education 2,754DSM Pharmaceuticals 1,500NACCO Materials Handing Group Lift Trucks 1,000Pitt Community College Education 953

County of PittGovernment Administration

930

City of GreenvilleGovernment Administration

743

Physicians East Medical Care 535

ASMO of GreenvilleAdvanced Automotive Tech.

530

Greenville Utilities Commission Public Utilities 460

Strong employment opportunities exist in Pitt County and surrounding areas for spousal/partner employment.

EducationPitt County is renowned for its schools, both public and private.

  Public Schools

Accredited by AdvanceED as a Quality School System Each of the thirty-five Pitt County Schools is fully accredited by the Southern Association of Colleges and Schools and the NC Department of Public Instruction System serves more than 23,000 students Class of 2013 recognized 223 NC Scholars including a National Merit Scholar Eleven students plan to attend the 2013 Governor’s School of North Carolina Average SAT score for 2012: 1,392 (2400 scale) Pitt County Schools has an excellent Public Information Office and web site

Private Schools

In addition to the public schools, a number of private schools, both secular and church- based, offer elementary and secondary educational opportunities.

Colleges & Universities

The Code requires clear and convincing domicile for at least one year prior to the first day of the term in which enrolling, as evidenced by:

Payment or filing of North Carolina resident income taxes

A NC driver's license and motor vehicle registration

Employment

Ownership of real property

Military records

Sources of financial support; and social and economic ties in North Carolina

Jury duty service

Institution Tuition per Semester East Carolina University Resident $1,879

Non-Resident $8,786

Pitt Community College Resident $71.50/credit hourOr a maximum of $1,144/semester

Lenoir Community College

Resident $67.00/credit hourOr a maximum of $5,014/semester

Mount Olive College $17,300 per year/

$410 per credit hour for part-time students

Requirements for Resident Classification

Health ServicesVidant Health is a regional and comprehensive hospital and health care provider – a major employer

East Carolina Heart Institute

Level 1 Trauma Center One of the first facilities to use “robotic” surgery New Vidant Children’s Hospital East Carolina Heart Institute Leo Jenkins Cancer Center Brody School of Medicine All is a significant economic boost to the area Compares favorably to health services available in most any metro area

Shopping and DiningShopping

Greenville is the regional shopping destination for all of Eastern North Carolina.

Dining

From national chains to local home-grown favorites, restaurants cater to all tastes and budgets. Experience local favorites to imported international delicacies. Tired of a day exploring, shopping, or taking in an area festival or event?  Relax in one of our bars or nightclubs with live music. For the coffee and tea lovers, you can catch your usual chain or give a local coffee shop, tea/bookstore, or trendy Southern café a shot.

Greenville Mall—over 75 stores Arlington Village—nearly 40 specialty shops La Promenade Shopping Center—boutique, specialty, and retail clothing stores, plus food choices Lynndale Shoppes Uptown Greenville Most well-known retailers are represented

Recreation and SportsGreenville is on the move…a vibrant college town with an urban pulse. Outdoor recreation abounds in this region—fishing, hiking, boating, biking, and golf.

East Carolina University Sports—NCAA Division 1-A

Greenville Extreme Park—BMX bike complex

Strong tradition in Little League Baseball and Pitt-Greenville softball

Over 30 major parks and recreation facilities, including arts & crafts, for all ages

River Park North—324 acres with river frontage and five ponds

Greenville Aquatics & Fitness Center—full-service, YMCA-type facility with indoor Olympic-sized pool

Private and Public Health Clubs

Fine Arts and Cultural Experiences East Carolina University — live musical concerts, theatrical and dance productions, travel films, lectures

Art Galleries including Greenville Museum of Art—local art as well as rotating exhibitions

Local Theater Groups—including the Greenville Theater Project, Magnolia Arts Center, Smiles and Frowns Playhouse (children’s theater), SWASH Improv (student groups at the university and local establishments

Museums—Village of Yesteryear and 8 others in the County

Sunday in the Park—free summer concert series held at the Greenville Town Commons amphitheater on the banks of the Tar River

Live Entertainment at many restaurants and nightclubs

Umbrella Market—each Wednesday local growers and producers display their products

Freeboot Friday--”Alive-At-Five” pep-rally with live music on Fridays prior to Saturday ECU home football games

North Carolina Points of Interest

ECU’s Summer Theater

Colonial Williamsburg

Busch Gardens

Greenville Museum of Art

Wright Brothers Monument in Kitty Hawk (OBX)

Graveyard of the Atlantic in Hatteras (OBX)

Cape Hatteras Lighthouse (OBX)

Ocracoke Island (OBX)

Atlantic Beach

Ft. Macon State Park

Wrightsville Beach

Topsail Island

The Blue Ridge Parkway

North Carolina Zoo in Asheboro

Winterville Watermelon Festival – Every August

Lots to do and see close to home . . .

Housing Market TrendsMarket Trends – 2013 Greenville-Pitt County MLS

The Greenville-Pitt real estate market, like many in the US, showed declines in sales

volume and prices during the recession Comparisons of 2012 and 2013 reveal that steady improvement continues Gains in key indicators of Sales Volume, Number of Sales and Average Sales Price have

been noted Mortgage interest rates remain at exceptionally favorable levels Representative samples of market conditions are shown below…

Sold Summary 2013 2012Average Sold Price $168,735 $166,870Units Sold 1361 1108

Average Days on Market 127 135

Average List Price for Solds $174,305 $173,527

Average SP to LP Ratio 97% 96%

Inventory (SF)Jan-Dec

2013Active Listings 839New Listings 2192Closed Listings 1361

Source GPAR MLS

North Carolina Real Estate Practices

Written Buyer Agency Agreements are required when Agent represents a Buyer

Offers To Purchase are made in writing – negotiations to final agreement may be

verbal and/or in writing

Real Estate Sales Contracts must be in writing to be enforceable

NC uses a “Due Diligence” Sales Contract that allows for cancellation for “any

reason or no reason”

Some builders require the use of their own Sales Contract that will differ from the Standard NC form

Earnest Money Deposits and Due Diligence Fees paid to the Seller are negotiable

Customary inspections include Structural/Mechanical, Wood Destroying Insects

and Septic Tank (where applicable)

TaxesTaxesMajor tax rates in Pitt County include:

Real Property (residential) $.68 per $100 assessed value (Pitt County)$.52 per $100 assessed value (Greenville)

Sales and Use 7% (4.25% state + 2.25% local) Personal Income 7.75% (top rate) Personal Property Same as real property tax

One half for the local sales tax is used for school construction

Town levies are in addition to County levy

Countywide rescue tax (except City of Greenville) of .046 per $100 assessed value

Fire District taxes range from .0189 to .08 per $100 assessed value

A $71 landfill fee is also assessed on each household

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