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NAR economist: Charlotte 
real estate prices could stabilize

By Tara Ramsey, staff writer
Published: November 5,2011

There might be price stabilization in the Charlotte real estate market soon, the chief economist for the National Association of Realtors said this week. Lawrence Yun, speaking Tuesday to 236 real estate professionals during a Charlotte Regional Realtor Association event, said new housing starts have plummeted from a 2007 high of 25,000 in Charlotte to [...]


NAR economist to speak in Charlotte

By Mecklenburg Times staff reports
Published: October 29,2011

The chief economist for the National Association of Realtors will make a presentation on “Real Estate Market Trends and Housing Forecast” at an event hosted by the Charlotte Regional Realtor Association. The event featuring Lawrence Yun will run from 9:30 to 11 a.m. Tuesday at Charlotte Marriott Executive Park, 5700 Westpark Drive. Yun will discuss recent [...]


Roll 
fall: Charlotte real estate trade groups’ memberships take hit in recession (access required)

By Scott Baughman
Published: October 22,2011

In 2006, before the recession, the Charlotte Regional Realtor Association had 8,152 members. Today, its membership is thinner by about 1,407, a decline that, no doubt, is a byproduct of the market’s downturn. It’s not as much of an exodus as CRRA President Laurie Knudsen said she was expecting. “We don’t necessarily depend on membership [...]


Charlotte home 
sales rise, prices fall

By Mecklenburg Times staff reports
Published: October 14,2011

Charlotte-area home sales were up in September from the same month last year, but the average sales price fell, the Charlotte Regional Realtor Association said this week. There were 1,970 closings for the month, up 26 percent from 1,564 a year ago. The average sales price dropped to $196,686, a decrease of 6 percent over [...]


Distressed-property 
activity declines in Charlotte (access required)

By Mecklenburg Times staff reports
Published: October 14,2011

The number of foreclosed homes for sale in the Charlotte area keeps falling, the Charlotte Regional Realtor Association says. This week, the CRRA reported that distressed properties accounted for 21.4 percent of closings in September. That’s down from distressed sales representing 22.7 percent of all closings in August. Distressed properties made up 15.9 percent of [...]


Two dozen 
candidates attend CRRA fish fry (access required)

By Mecklenburg Times staff reports
Published: September 26,2011

About 25 candidates for public offices were expected to attend the Charlotte Regional Realtor Association’s annual fish fry Thursday, officials said at the event. The fish fry has been around for more than 20 years. Held on the CRRA’s parking lot, it attracts candidates running for various offices. Ann Marie Howard, the CRRA’s CEO, said [...]


Homebound: Many Charlotte-area 
owners are staying put in 
the downturn rather than downsizing (access required)

By Scott Baughman
Published: September 23,2011

News stories, pundits and blog entries across the U.S. have recently trumpeted the return of the smaller home as consumers look for ways to cut expenses as the economy limps along. But the trend has skipped over the Charlotte area, industry officials say. “Big, small: The size does not matter,” said Lori Lindsey, executive officer [...]


CRRA gives $10,000 boost to nonprofits

By Mecklenburg Times staff reports
Published: September 20,2011

The Housing Opportunity Foundation, the charitable arm of the Charlotte Regional Realtor Association, has awarded five local nonprofits a total of $10,000 through its annual Community Grants Program. The program, in its third year, seeks to support organizations that address unmet housing needs in Mecklenburg and Iredell counties. The recipients are Builders of Hope, $1,300; [...]


Missed Manors: A high-end home is hard 
to find, Charlotte builders 
say as they try to replenish depleted inventory (access required)

By Scott Baughman
Published: September 13,2011

Rumors are swirling that the luxury home market in Charlotte is nearing extinction, that it’s barely a whisper of what it once was. But Charlotte homebuilder Alan Simonini says all the talk about the demise of Charlotte’ luxury home market is just exaggeration. “We’re building like six houses right now,” Simonini said. When the Great [...]


Charlotte distressed-property activity down

By Mecklenburg Times staff reports
Published: September 7,2011

Distressed-property sales made up a smaller percentage of overall home sales in August than in the same month last year, the Charlotte Regional Realtor Association said today. Distressed sales represented 22.7 percent of all closings in August, down from 35.5 percent in August 2010. The number of foreclosures for sale in the Carolina Multiple Listing [...]