May homes sales down from year ago
CHARLOTTE – May home sales declined 6.5 percent this year with 3,193 properties sold, compared with 3,414 properties sold in May 2013, according to the Charlotte Regional Realtor Association.
Sales were up 6.8 percent compared to April, however.
The average sales price ($235,109) increased, up 0.9 percent compared to the average sales price last May. The average list price in May 2014 ($285,377) rose 7.2 percent over May 2013 ($266,182).
Preliminary pending sales counts for May totaled 4,016, an increase of 14.6 percent over the previous period when contracts totaled 3,504.
“Given the modest increase in sales in April and the fact that mortgage applications were down for much of May, signs indicated that sales this past month might not be as strong as May 2013,” said Joe Rempson, association president. “However, pending contracts are still signaling demand, which tells us that we should continue to see healthy sales levels moving forward.”
The Charlotte Regional Realtor Association reports on the home real estate market based on Carolina Multiple Listing Services data.
Henderson Properties signs more HOAs
CHARLOTTE – Henderson Properties has signed 10 new homeowners associations in the Charlotte area.
The largest addition is Gilead Ridge, with 448 single-family and townhomes in Huntersville.
Henderson Properties also retained management of the new DR Horton community, Northlake Landing. The single-family community has 93 homes with a pond and a playground. Homes start in the $150,000s.
Association management remains an area of growth and focus for the company. The division manages 108 associations. Seven are new contracts for 2014.
“Homeowners associations are often looking for a professional management team to fill a void to support their HOA boards,” said Phil Henderson, president of Henderson Properties. “This makes it important that our staff offers accounting and management services and provide professional on-site maintenance but also an easy way for residents to interface with us.”
Allstate honors Huntersville agencies
HUNTERSVILLE – Allstate agency owners Kevin Rock and Melanie Poteat have received Allstate Premier Agencies designations for 2014 for outstanding business performance and commitment to putting customers at the center of the agency’s work.
The Allstate Premier Agency designation is bestowed on less than 48 percent of Allstate’s nearly 10,000 agency owners across the country.
“These awards are not just about successful business results,” said Bob Holden, field senior vice president. “They also demonstrate the agents’ commitment to being accessible to customers and leveraging expertise to help ensure customers have the insurance products they need to protect themselves and their families.”
The Rock Agency is located at 15906 Old Statesville Road and can be reached at 704-895-8588.
The Poteat Agency is located at 14702 Statesville Road and can be reached at 704-875-1034.
Richards earns CRP designation (MUG: Richards, Denise)
CORNELIUS – Denise Richards, director of Lake Norman Realty’s in-house relocation division, has earned the Certified Relocation Professional designation after passing a May 7 exam.
She’s served in her current role for five years.
Lake Norman Realty’s relocation division provides newcomers with all the tools necessary for a smooth transition.
Davidson Capital hires financial advisor (MUG: Dolan, Benjamin)
DAVIDSON – Benjamin Dolan has joined Davidson Capital as its newest financial advisor.
Dolan most recently served as vice president of Treasury Solutions with Bank of America Merrill Lynch Business Capital and US Trust.
In November 2013, he passed the Certified Financial Planner examination.
Dolan will focus his efforts assisting businesses in offering cost effective, competitive 401(k) and 403(b) plans to their employees and financial planning for individuals and families.
Commerce head to speak at lunch
CORNELIUS – N.C. Secretary of Commerce Sharon Decker will speak at the Lake Norman Chamber of Commerce’s July Power Lunch.
The event starts at 11:45 a.m. July 14 at The Pearl Event Center, 19501 W. Catawba Ave. Register in advance.