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Chamber hears the State of Real Estate

Meeting highlights trends in area home buying 
and financing

By Michele Dotson
Staff Writer
dotson.michele@minthilltimes.com

The focus of the September 26 Chamber meeting on real estate and financing was facilitated by Mint Hill Chamber president and real estate professional Rich Ferretti and Monarch Mortgage loan officer, Janet Gaglione.
“There is confidence in the market and lenders are loaning money again,” says Ferretti, who cited recent comparisons in the market which shows a 12.4 percent increase in home sales in July 2013 compared with July of 2012.
“The housing market is growing in pockets around the country,” says Ferretti. “Las Vegas is hot right now, and overall, the cost of housing is down.”
Ferretti also says that North and South Carolina continue to attract a lot of newcomers, with large numbers relocating from Florida.
“We call them the half-backs,” he says. “These are individuals who moved to Florida from places up north, and have now settled in the Charlotte area.”
Thanks to Charlotte’s banking industry, 2nd only to New York City, and new industry such as Met Life and Chiquita, Ferretti says our market is thriving.
Although there is a spike in interest in houses close to or in uptown, Mint Hill continues to see a resurgence in building, particularly on sites that were already prepared before the housing crisis hit.
Most recently, Bontera began construction near Lebanon and Hwy. 51 and the upscale Cheval community will be the focus of this year’s HomeArama in November.
There are also lots of investors in the market looking for good deals, and a recent study of home sales in the Charlotte area indicated that nearly one in five home sales last year could be attributed to an investment purchase. […]

By |October 3rd, 2013|Around Town, Development, Featured Posts|0 Comments

Election time draws near

Election day will soon be here, and there a few things to remember before heading out to the polls on November 5.
First, the deadline to register to vote in North Carolina is 25 days before the day of the election, so be sure that you are registered by October 11 if you plan to vote on November 5.╩
Voter registration forms are located on line and at the Mecklenburg County Board of Elections and should be received by the county board of elections office or postmarked by the deadline in order to be accepted as valid applications for the upcoming election.
Also, agency and DMV voter registration transactions that are completed by the deadline are accepted as valid for the upcoming election. Applicants will be notified by the county board of elections of their precinct and polling place assignments, or you can use the on line application to locate our polling place by searching your address. […]

By |October 3rd, 2013|Around Town, Breakiing News, History|0 Comments

Library programs for kids and teens not just for summer

The first day of summer vacation always sees a surge in activity at the Mint Hill Public Library as kids and teens come to sign up for the summer reading program where they can play games, read books to win prizes and enjoy logging in to chart their progress.
But the fun does not have to […]

By |October 3rd, 2013|Around Town, Arts, Good deeds, Library|0 Comments

National Merit Scholarship names local commended students

Independence High School principal Amy Dellinger announced today that Hunter Brakovec, Thomas Guist, Joseph Joyce, and Anna McElrath have been named Commended Students in the 2014 National Merit Scholarship Program. 

A Letter of Commendation from the school and National Merit Scholarship Corporation (NMSC), which conducts the programs, will be presented by the principal to these scholastically talented seniors.

About 34,000 Commended Students throughout the nation are being recognized for their exceptional academic promise. Commended Students placed among the top five percent of more than 1.5 million students who entered the 2014 competition by taking the 2012 Preliminary SAT/National Merit Scholarship Qualifying Test (PSAT/NMSQT). […]

By |October 3rd, 2013|Featured Posts, Independence High School|0 Comments

FSI office,Carolina Panthers announce Teacher of the Week

Independence High School marketing teacher and head baseball coach, Daniel Cooke, received the Teacher of the Week award from FSI Office Supplies and Carolina Panthers.
“We run scrolling announcements during games, and someone submitted Mr. Cooke’s name,” says Jerry Taylor, School Supply Specialist with FSI Office, who partners with the Carolina Panthers for the recognition program.
Winners […]

By |October 3rd, 2013|Around Town, Featured Posts, Good deeds|0 Comments

Local student serves as Governor’s Page

Madison Jillani, a senior at Greyfriars Classical Academy, recently served as a Governor’s Page in the office of Governor Pat McCrory. She is the daughter of AJ and Lisa Jillani of Mint Hill and was recommended by Bill Dixon, former city councilman for Matthews.╩

Madison also served as a House Page in May and was sponsored […]

By |October 3rd, 2013|Around Town, Featured Posts, Good deeds|0 Comments