About Mecklenburg County, NC

Noratel Making Charlotte New US Headquarters

Noratel North America Inc., a European transformer manufacturer, has relocated its US headquarters right here in Charlotte! Ayrsley Town Centre will be Noratel’s new home at 2015 Ayrsley Town Boulevard, Suite 202.

Noratel has been producing transformers for over 86 years and is a highly respected international group of 16 companies in 12 different countries, employing more 2,300. Noratel supplies transformers and reactors globally, with worldwide sales of approximately $140 million. Noratel offices are located in Europe, Asia and now, North America.

Noratel’s move to Charlotte was due to our solid infrastructure, quick access to an international airport, an attractive business environment, a convenient time zone to Europe and reasonable living costs. Close proximity to many of their customers’ headquarters was also appealing.

The 120 positions in their new Charlotte office will provide sales and technical support services. There is also a possibility of local stocking and a consideration for production here in the states.

Many thanks to our ever-progressive Charlotte Chamber and North Carolina Department of Commerce who assisted Noratel with expansion planning. Welcome to Charlotte Noratel!

For more information on Noratel North America Inc, contact:

Christopher Buser
Managing Director
Noratel North America Inc.
704-280-8562
sales@noratel.com

Read more: http://www.icharlotterealestate.com/noratel-making-charlotte-new-us-headquarters-bringing-120-jobs-to-the-area/#ixzz1mBB6tw2N

Providence Plantation Real Estate Market Report for 2011

Providence Plantation in South Charlotte, NC is one of Charlotte’s most highly desired neighborhoods, and I write about it quite a bit because this is where I live! Despite the last few turbulent years in the real estate market in general, the Providence Plantation neighborhood remains a popular and sought-after neighborhood, and the real estate market report below supports it!

Why do buyers choose to buy a home for sale in Providence Plantation? There are lots of reasons, but most select this neighborhood because of its wide array of home styles and prices, its large lots with mature trees and landscaping, its top-ranked public schools, and it’s enjoyable Providence Plantation lifestyle!I have prepared my year-end Providence Plantation real estate market report for 2011 for your information and guidance. As you will see in the table below, the average sales price in Providence Plantation in 2011 was $425,000, which shows a market correction to about 2005 sales prices (much better than much of Charlotte and the nation!). The peak sales year for Providence Plantation in South Charlotte was 2007, when the average sales price was $491,000! The good news is that sales prices have begun to stabilize in the large neighborhood: the average sales price in 2011 was just 2% less than 2010, and 2010 was just .05% less than 2009. I am seeing the number of active homes for sale in Providence Plantation increase over the last few weeks as sellers prepare to take advantage of the typically robust spring selling season in Charlotte.

If you having been thinking of buying a home for sale in Providence Plantation, or if you need help and advice on listing your home for sale in Providence Plantation, I would be thrilled to help you! My family has called Providence Plantation “home” since 1998! My children attended award-winning Providence Spring Elementary School, Crestdale Middle School, and Providence High School, and my family and I have thoroughly enjoyed the awesome Providence Plantation Racquet and Swim Club (I play year-round tennis there!).

Providence Plantation Absorption Rate

You may have heard about absorption rates in real estate. Basically, the absorption rate measures how long it would take to sell all of the existing homes on the market, assuming no new homes come on the market. A balanced real estate market between buyers and sellers is about 6 months. If the rate is over 6 months, we have a buyers’ market; if it’s under 6 months, we have a sellers’ market. Check out my Providence Plantation absorption rate analysis below. This data indicates that the 3-month absorption rate in Providence Plantation is 10 months. However, we are just emerging from the slowest real estate period of the year (holidays and winter). I am already seeing increased showing activity in Providence Plantation, which generally leads to more contracts! My prediction is that we will have a balanced market in Providence Plantation by this summer!

Call me to get started on your home buying or selling journey! I'm a great listener and problem solver, and I would love to help you discover Charlotte neighborhoods, or provide you with some of the best marketing to get your home SOLD!

Search for homes for sale in Providence Plantation in South Charlotte NC

Raeburn Homes

An up to date look at Raeburn homes for sale and Raeburn Home Listings located near Ballantyne in South Charlotte.
Below, you'll find additional links for neighborhoods near Raeburn. The following report numbers are market averages for "active, pending and sold” properties as published in the local MLS-just for Raeburn homes.

Raeburn Housing Report: January 2010-February 2012:

Find all Charlotte Homes for Sale Here

OUR LINKS ARE UPDATED DAILY, but will not work with AOL browsers.

* Ardrey Homes For Sale
* Ballantyne Homes for Sale
* Fort Mill Homes for Sale
* Huntersville Homes for Sale
* Indian Trail Homes for Sale
* Lake Norman Homes for Sale
* Lake Wylie Homes for Sale
* Marvin Homes for Sale
* Matthews Homes for Sale
* Myers Park Homes for Sale
* Providence Area Homes
* South Charlotte Homes for Sale
* Southpark Homes for Sale
* Waxhaw Homes for Sale
* Weddington Homes for sale

At Homes by Cross, we’re here to help you find a home that works for you and yours!
We’ll help you fine-tune the location, commute time, schools, pricing and of course, the neighborhood of your next home.

If you are a homebuyer or seller, interested in buying a home in Raeburn or viewing homes for sale in Charlotte, please give us a call. We live in the area, and know it well. Find more information on Ballantyne homeswithin this area.

South Charlotte Homes Near Ballantyne

Contact us for Professional Real Estate Services:

Claude Cross 704-975-1733 Jane Cross 704-608-0228

Use our site to findhomesin all Charlotte Neighborhoods, as well as Buying Homes in Charlotte , Charlotte Custom Homes and Charlotte Relocation Services .

Raeburn Homes, Raeburn Homes for Sale, Raeburn Homes in Charlotte NC, Raeburn Real Estate, Raeburn Home Listings.

Wynridge Estates

An up to date look at Wynridge Estates Homes For Sale and Wynridge Estates Home Listings. This is a popular community located near Ballantyne in South Charlotte.
Below, you'll find additional links for neighborhoods near Wynridge. The following report numbers are market averages for "active, pending and sold” properties as published in the local MLS-just for Wynridge Estates homes.

Wynridge Estates Housing Report: January 2010 - February 2012:

Find all Charlotte Homes for Sale Here

OUR LINKS ARE UPDATED DAILY, but will not work with AOL browsers.

* Ardrey Homes For Sale
* Ballantyne Homes for Sale
* Fort Mill Homes for Sale
* Huntersville Homes for Sale
* Indian Trail Homes for Sale
* Lake Norman Homes for Sale
* Lake Wylie Homes for Sale
* Marvin Homes for Sale
* Matthews Homes for Sale
* Myers Park Homes for Sale
* Providence Area Homes
* South Charlotte Homes for Sale
* Southpark Homes for Sale
* Waxhaw Homes for Sale
* Weddington Homes for sale

If you are a homebuyer or seller, interested in buying a home in Wynridge Estates or viewing homes for sale in Charlotte, please give us a call. We live in the area, and know it well. Find more information on Ballantyne homeswithin this area.

South Charlotte Homes Near Ballantyne

Contact us for Professional Real Estate Services:

Claude Cross 704-975-1733 Jane Cross 704-608-0228

Use our site to findhomesin all Charlotte Neighborhoods, as well as Buying Homes in Charlotte , Charlotte Custom Homes and Charlotte Relocation Services .

Wynridge Estates Homes, Wynridge Estates Homes for Sale, Wynridge Estates Homes in Charlotte NC, Wynridge Estates Real Estate, Wynridge Estates Home Listings.

The 708 Available homes for sale in South Charlotte NC (HIGHER by 2 listings than last month) are priced from $64,900 to $5.999 million with an average list price of $635,829.

To search and view area real estate listings (no registration required) - Search Charlotte NC Homes for Sale and Real Estate Listings

221 homes are currently Under Contract (HIGHER than last month) and those homes have an average List Price of $461,276.

In the past six months, there have been 591 successfully Closed area real estate listings with an average SALES price of $377,846.

The Available homes for sale are the biggest piece of real estate activity in the south Charlotte area right now but the amount of Under Contract activity has recently increased (indication of upcoming sales activity).

The supply of homes for sale edged UP just slightly to 7.2 months of real estate inventory as of February 2012.

The area's current supply of real estate inventory is just above balanced conditions and the increase was due to a slower recent sales pace NOT any significant increase in Available homes for sale.

The supply of homes for sale in south Charlotte NC is LOWER than it was at this time last year.

There are of course still options for home Buyers to consider in the South Charlotte region, in a wide variety of price ranges - whether any of those options meet your needs only you, can decide.

To view homes for sale in some of South Charlotte NC's neighborhoods (links updated daily):

Ardrey Neighborhood Homes for Sale in Charlotte NC

Beverly Woods Neighborhood Homes for Sale in Charlotte NC

Beverly Woods East Neighborhood Homes for Sale in Charlotte NC

Cameron Wood Neighborhood Homes for Sale in Charlotte NC

Dilworth Neighborhood Homes for Sale in Charlotte NC

Fairmeadows Neighborhood Homes for Sale in Charlotte NC

Governors Square Neighborhood Homes for Sale in Charlotte NC

Landen Meadows Neighborhood Homes for Sale in Charlotte NC

Mountainbrook Neighborhood Homes for Sale in Charlotte NC

Myers Park Neighborhood Homes for Sale in Charlotte NC

Olde Providence Neighborhood Homes for Sale in Charlotte NC

Stone Creek Ranch Neighborhood Homes for Sale in Charlotte NC

Sturnbridge Neighborhood Homes for Sale in Charlotte NC

Wessex Square Neighborhood Homes for Sale in Charlotte NC

OR, create your own custom home search (NO registration required): Search Charlotte NC Area Homes for Sale

Originally posted at: Charlotte NC Neighborhoods, Real Estate Market and Local Charlotte NC Information

Copyright©2012 by Diane McDermott, All Rights Reserved, “Single Family Real Estate Market in South Charlotte NC February 2012"

*Data and statistics based on Area 5 single family information from Carolina Multiple Listing Service Inc. Information deemed reliable but not guaranteed.

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The content of this blog is the original content of Diane McDermott, NC Residential Real Estate Broker in Charlotte NC's real estate market serving neighborhoods in Charlotte NC

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