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 [...]
By Mecklenburg Times staff reports
Published: September 7,2011
Charlotte-area home sales rose 25.6 percent in August from the same month last year, although the average sales price dropped 9.2 percent over the same period, the Charlotte Regional Realtor Association reported today. There were 2,289 closings in August, up from 1,822 the same month last year and up 5.3 percent from July’s 2,173. August’s average sales price [...]
By Mecklenburg Times staff reports
Published: August 22,2011
Three Charlotte real estate agents are running for board positions with the North Carolina Association of Realtors. Tony Smith, a Realtor with Wanda Smith & Associates and a past member of the board of directors of the Charlotte Regional Realtor Association, is running for Region 8 vice president. Two members of the Charlotte Region Commercial Board of [...]
By Tara Ramsey, staff writer
Published: August 22,2011
Since the Carolinas Multiple Listing Service changed its method of describing square footage, Re/Max Metro Realty broker-in-charge Eric Strom says it hasn’t created the headaches some agents predicted. Beginning in 2008, CMLS’ system has reported the square footage of homes for sale in a range. That means that a prospective homebuyer doesn’t know from a [...]
By Tara Ramsey, staff writer
Published: August 9,2011
When the Federal Trade Commission created the Mortgage Assistance Relief Services rules in December, it caused a stink in the real estate community. MARS was formed in response to mortgage scams, specifically those involving loan modifications. Real estate agents, in particular, did not like some of MARS’ requirements, such as ones requiring that they make [...]
By Scott Baughman
Published: August 5,2011
In an effort to keep potential buyers from tuning out, some Charlotte-area real estate agents are encouraging them to log on — to custom street-address-based websites for individual listings. The basic marketing plan goes like this: Reserve a .com or .info domain name for a website devoted to one property using the home’s address, such [...]
By Scott Baughman
Published: August 3,2011
Even though sign riders with customized websites for listings are growing in popularity with Charlotte real estate agents, they might be giving way to another trend. On “for sale” signs, some Charlotte-area agents are using Quick Recognition, or QR, codes, a black-and-white collection of dots and squares that can be photographed with a smart phone [...]
By Tara Ramsey, staff writer
Published: July 26,2011
These days, trying to sell a home in Charlotte can be daunting. Owners face competition from a glut of properties sitting in a slow-moving housing market, not to mention low-priced foreclosure and short sale properties. All that can add up to homes sitting on the market for months or even more than a year. Some [...]
By Tara Ramsey, staff writer
Published: July 22,2011
When Charlotte attorney Bob Hull learned about fraudulent deeds being filed at metro area courthouses, his initial reaction was that it would create a title nightmare. But he’s changed his mind. “The more I think about it, I believe this should not really turn out to be so much of a title problem,” said Hull, [...]
By Tara Ramsey, staff writer
Published: July 12,2011
Last year, Gastonia real estate lawyer Keith Hance found himself facing a home closing involving financing that complied with Islamic law. He looked into the law, also known as Shariah, but in the end he passed on the closing at a time when the real estate market was still down and many in the business [...]
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