From The Independent Tribune:
CONCORD, N.C. – Cabarrus County Schools needs a short-term and long-term solution for handling its growing enrollment at two elementary schools, members of the school board heard during the reports portion of their meeting on Monday.
Useful and relevant topics for the North Carolina Real Estate industry with a focus on Cabarrus County and the Charlotte Metro region.
Monday, September 24, 2012
Growth strains Cabarrus Elementary Schools
Tuesday, March 27, 2012
Craven & Company Returns!
After seven years as a franchisee, we announce the grand re-opening of Craven & Company Realtors, effective April 1, 2012 as an independent real estate company. We are and always have been the leading locally-owned real estate company in Cabarrus County, and we are excited about returning to operating as Craven & Company! Our roots run deep in Cabarrus County, and the Craven name is what people know and trust in real estate. With 33 years of continuous operations in Concord and thousands of sales to our friends and neighbors, our pledge of service remains the same: to be the best real estate company in the market.
While our primary market is Cabarrus County, we provide service in Rowan, Stanly and Mecklenburg Counties. We routinely work in North Charlotte, Lake Norman and Salisbury. We have 19 active Brokers who can professionally handle your every real estate need.
We are proud of our 29-year association as a member of Leading Real Estate Companies of the World, an invitation-only membership, and we are the only locally-owned company to enjoy this distinction. This membership allows our agents and clients access to all major markets in the world and opportunities to work with other Leading Real Estate Companies through our local office.
As a locally-owned and managed company, we are focused on the local market and committed to helping you make good decisions. We are also very involved in all aspects of making our community better. We love Concord, Cabarrus County and the greater-Charlotte region. There is no other place we would rather be.
We thank you for your support during our first 34 years and ask for your business as we move into the future. When you have a property to sell or an interest to buy, we hope you will “CALL CRAVEN” – 704.788.1122! You’ll be glad you did – and so will we!
Allen Craven and Ford Craven
While our primary market is Cabarrus County, we provide service in Rowan, Stanly and Mecklenburg Counties. We routinely work in North Charlotte, Lake Norman and Salisbury. We have 19 active Brokers who can professionally handle your every real estate need.
We are proud of our 29-year association as a member of Leading Real Estate Companies of the World, an invitation-only membership, and we are the only locally-owned company to enjoy this distinction. This membership allows our agents and clients access to all major markets in the world and opportunities to work with other Leading Real Estate Companies through our local office.
As a locally-owned and managed company, we are focused on the local market and committed to helping you make good decisions. We are also very involved in all aspects of making our community better. We love Concord, Cabarrus County and the greater-Charlotte region. There is no other place we would rather be.
We thank you for your support during our first 34 years and ask for your business as we move into the future. When you have a property to sell or an interest to buy, we hope you will “CALL CRAVEN” – 704.788.1122! You’ll be glad you did – and so will we!
Allen Craven and Ford Craven
Friday, March 9, 2012
Charlotte-region home sales surge by 21.8 percent in February
Residential real estate sales saw a significant increase in February, rising 21.8 percent from the number of closings during the same period in 2011, according to the Charlotte Regional Realtor Association.
Closings last month totaled 1,614, jumping from 1,325 a year earlier. Also, the average sales price ticked up 2.1 percent to $184,775 from $180,940. And the median price saw a rise of half a percentage point to $145,450 from $144,750.
February's spike follows a healthy increase in closings in January, when sales were up 9.2 percent from January 2011 levels, according to the association. A year earlier, the association was reporting a nearly 5 percent year-to-year drop in homes sales.
“A second month of positive housing trends only further confirms that we’re seeing our local market continue to stabilize,” says Jennifer Frontera, association president. “Prices are fairly steady, and Realtors are reporting increased foot traffic, all good indicators as we move into the spring selling season.”
The average list price last month was $254,902, up 6.4 percent from $239,466 a year earlier. Pending contracts numbered 1,969, up from 1,616 in February 2011.
New listings dipped 5 percent to 3,958 from 4,165 a year ago.
Inventory figures are moving downward, dropping 28.3 percent year-over-year.
The association reports the region has an 8.9-month supply of homes for sale, down from 12.4 months in 2011. Of the new listings last month, 13.1 percent involved distressed properties, down from 22.1 percent a year ago. The association says 18.9 percent of last month’s closed sales involved distressed properties. That’s a major turnaround from this time last year, when 36.7 percent of the properties sold were distressed.
The association compiles its data from the 10-county area covered by its Carolina Multiple Listing Services Inc.
These numbers reflect a much stronger market than the most recent report of the Standard & Poor’s/Case-Shiller Home Price Index. The local association's figures are also more current. Case-Shiller is always two months behind. It last reported home prices in the Charlotte market were down 2.3 percent for the year ended in December.
By Susan Stabley, Charlotte Business Journal
Closings last month totaled 1,614, jumping from 1,325 a year earlier. Also, the average sales price ticked up 2.1 percent to $184,775 from $180,940. And the median price saw a rise of half a percentage point to $145,450 from $144,750.
February's spike follows a healthy increase in closings in January, when sales were up 9.2 percent from January 2011 levels, according to the association. A year earlier, the association was reporting a nearly 5 percent year-to-year drop in homes sales.
“A second month of positive housing trends only further confirms that we’re seeing our local market continue to stabilize,” says Jennifer Frontera, association president. “Prices are fairly steady, and Realtors are reporting increased foot traffic, all good indicators as we move into the spring selling season.”
The average list price last month was $254,902, up 6.4 percent from $239,466 a year earlier. Pending contracts numbered 1,969, up from 1,616 in February 2011.
New listings dipped 5 percent to 3,958 from 4,165 a year ago.
Inventory figures are moving downward, dropping 28.3 percent year-over-year.
The association reports the region has an 8.9-month supply of homes for sale, down from 12.4 months in 2011. Of the new listings last month, 13.1 percent involved distressed properties, down from 22.1 percent a year ago. The association says 18.9 percent of last month’s closed sales involved distressed properties. That’s a major turnaround from this time last year, when 36.7 percent of the properties sold were distressed.
The association compiles its data from the 10-county area covered by its Carolina Multiple Listing Services Inc.
These numbers reflect a much stronger market than the most recent report of the Standard & Poor’s/Case-Shiller Home Price Index. The local association's figures are also more current. Case-Shiller is always two months behind. It last reported home prices in the Charlotte market were down 2.3 percent for the year ended in December.
By Susan Stabley, Charlotte Business Journal
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