According to the report, Charlotte ranked 12th in the nation for home price growth in 2017, with an average price increase of 6.4% across our city. We came in just behind LA (6.5% increase) and just ahead of Phoenix (6%).
Seattle saw the highest growth with a 12.7% increase last year, and Las Vegas came in second at 10.2%.
According to the report, these were the top 20 cities for home price growth in 2017;
#20 Washington DC – 3.1% increase
#19 Chicago – 4.1% increase
#18 Miami – 4.4% increase
#17 Cleveland – 4.7% increase
#16 Atlanta – 5% increase
#15 Minneapolis – 5.4% increase
#14 NYC – 5.9% increase
#13 Phoenix – 6% increase
#12 Charlotte – 6.4% increase
#11 LA – 6.5% increase
#10 Tampa – 6.9% increase
#9 Boston – 6.9% increase
#8 Portland – 7.1% increase
#7 Detroit – 7.1% increase
#6 Dallas – 7.1% increase
#5 Denver – 7.2% increase
#4 San Francisco – 7.7% increase
#3 San Diego – 8.1% increase
#2 Las Vegas – 10.2% increase
#1 Seattle – 12.7% increase
“Home prices continue their climb supported by low inventories and increasing sales,” says David M. Blitzer, Managing Director & Chairman of the Index Committee at S&P Dow Jones Indices. “Underlying the rising prices for both new and existing homes are low interest rates, low unemployment and continuing economic growth. Some of these favorable factors may shift in 2018. The Fed is widely expected to raise the Fed funds rate three more times to reach 2% by the end of the New Year. Since home prices are rising faster than wages, salaries, and inflation, some areas could see potential home buyers compelled to look at renting. Data published by the Urban Institute suggests that in some West coast cities with rapidly rising home prices, renting is more attractive than buying.”
How fast do you think Charlotte’s home prices will grow in 2018?
The Falcons (10-6) were fighting for their playoff spot – they’ll be playing a wildcard game next week against the Rams.
The Panthers (11-5) had already clinched their playoff spot last week, but will now settle for a wild-card spot instead of the NFC South title. We have a tied record with New Orleans, but since they beat us twice in the regular season, they will get home-field advantage next week in our first playoff game.
The Carolina Panthers will face off against the New Orleans Saints next Sunday (1/7) starting at 4:40 p.m. ET at the Mercedes-Benz Superdome in New Orleans.
Tickets for the Carolina Panthers’ first playoff game in New Orleans are now available here.
This weekend, the Charlotte Curling Association is hosting its 4th annual Southern States Mixed Doubles Bonspiel curling tournament, and this year, it’s an official ‘World Curling Tour’ sanctioned event.
Many of the participants in this weekend’s events will likely go on to compete in the Mixed Doubles Curling events during the 2018 Olympic Games in PyeongChang, South Korea.
The tournament started this past Friday, and continues through today, with quarterfinals at 9:00 am this morning, semifinals at 12 noon, and the final championship at 3:00 pm this afternoon.
The Southern States Mixed Doubles #Bonspiel is approaching fast! Spectators are welcome to come out & watch the competition in our large warm room starting Dec. 29 – 31. Local 🍺 and 🍷will be available for purchase at our full bar! #Curling#Charlotte#CLTpic.twitter.com/AUEodQKJaz
Charlotte is now one of the largest cities in America in terms of physical geography (due to its history of annexing so much of the land around it). It’s now an extremely diverse city in terms of areas and neighborhoods – it even has a few smaller cities within it, such as Ballantyne and South Park.
We have streetcar-era communities where buildings range from vintage factories to grand Southern estates…READ MORE
The winner of 30 NASCAR Cup Series races, including the 2016 Daytona 500, has opened up his new 30,000 square-foot Lake Norman castle for a private tour.
Denny Hamlin’s Cornelius home sits on a private Lake Norman peninsula. He started construction in late 2016 and just put the finishing touches on the state-of-the-art complex…READ MORE
Now that Fall is here, it’s the perfect time to get on the lake and do some swimming, fishing, laying in the sun, or doing some insane tricks on those new water trampolines.
We recently discovered some incredible deals for huge homes for rent on a daily/weekly basis, and if you break them down on per-person basis, they are incredibly affordable…READ MORE
North Carolina’s 2017 fall colors are expected to be the brightest and most beautiful in decades. According to NOAA Climate Scientist Jake Crouch, the North Carolina mountains have experienced its second warmest year on record. The average high temperature this year is 58.8 degrees – 3.5 degrees above normal. The summer has also been fairly dry this year. “Drier soils typically mean brighter fall color in the mountains,” commented Crouch…READ MORE
Published September 28, 2017 – 108,579 total views
Have you ever missed your connecting flight and became instantly miserable at the thought of spending another 6 hours in the airport?
That happened to Mahshid Mazooji this past weekend at the Charlotte Douglas airport, but instead of letting it get her down, she decided to through a spontaneous dance party with…READ MORE
Beneath the waters of Lake Norman lies huge sections of some of North Carolina’s most unique towns from the past. Although over half a century has passed, many roads, facilities, and even homes still sit eerily undisturbed beneath the water.
The East Monbo and Long Island cotton mills, were originally shut down in the 50s, to make way for Lake Norman – the largest man-made lake in…READ MORE
This past Summer, Category 5 Hurricane Irma made its way across a string of Caribbean islands toward the US mainland. There was a chance it would the US mainland altogether and travel North-East back out to sea.
Several people decided to start an online campaign to help encourage the storm to take that more easterly path using a rather ridiculous method – electric fans…a lot of them…READ MORE
If you like to hike or explore around North Carolina woods, authorities are warning people to be on the lookout for purple fence posts – especially if you have a pet.
North Carolina law now allows landowners to protect their land by marking the outskirts of their territory with…READ MORE
A new bill has passed the NC House that would allow North Carolina drivers to drive through protesters who are blocking the road without being sued, as long as they “exercise due care.”
The North Carolina House passed HB 330 with a 67-48 vote…READ MORE
Published December 26, 2016 – 1,675,548 views in 2017 (1,911,786 total views)
Forest Hill’s creative team produced a video released on Facebook at the end of last year to introduce the new message series and it immediately blew up on the internet. Recently, the article we wrote last year also began to go viral, receiving over 1.5 million views in the past month alone.
The video itself has now been shared over 80,000 times and viewed over 4.6 million times…WATCH VIDEO
What’s your favorite Charlotte Stories News article from 2017?
If you have any news tips or interesting story ideas, please Email us at Press@cltstories.com
Several new laws and changes to existing laws will go into effect this coming Monday – some affecting the average citizen more than others.
While they may not be significant changes, or overly controversial laws (like HB2 and HB142) the new laws may change how we vote, drive, and relieve our pain.
Here are the 4 most significant North Carolina laws that will go into effect starting January 1st, 2018;
HB 100 will make all of North Carolina’s Superior Court and District Court elections partisan (meaning you’ll now know the political parties of the judges you’re voting for).
SB 656 will allow easier access for 3rd parties and unaffiliated parties into political races. Currently, a party needs to collect enough signatures to make up at least 2% of the total voters in the last general election – starting on January 1st, 2018, that number will drop to 0.25%.
Session Law 2017-74, or the STOP Act, will limit how many prescription painkillers (opioids) doctors can prescribe, increase restrictions for Nurse Practitioners giving out opioid prescriptions, and create a statewide database for all opioid prescriptions – all in an effort to curb the opioid addiction epidemic in our state.
House Bill 21 will require NC drivers to be taught what is appropriate during a police traffic stop. The new law will add comprehensive information in Driver’s Ed handbooks describing law enforcement procedures during traffic stops and what drivers should do, including appropriate interactions with officers.
Other new laws and changes include; requiring licensed pharmacist applicants to have criminal background checks, stricter Medicaid eligibility regulations, and lightened regulations on Bed and Breakfast establishments.
Moments after Texas A&M University (TAMU) scored their first touchdown against Wake Forest University during today’s Belk Bowl in Uptown Charlotte, three PETA protestors rushed the field and began running around and waving their signs for over 1 1/2 minutes.
The trio wore sweatshirts and waved signs that read, “TAMU: Stop Cruel Dog Tests.”
After about a minute and a half of running around undisturbed, CMPD officers calmly walked toward the girls to usher them off the field, as they approached, the girls quickly sat down and resisted leaving the field. More officers had to then come onto the field to literally drag them off.
The whole ordeal was captured on video and uploaded to Youtube here;
Drain your fountains, let your faucets drip, and put on as many layers as you can – it’s about to get cold!
Over the next 7 days, we will be seeing one of the longest and coldest fronts in over 2 years as a massive wave of arctic air sweeps across America.
From December 31st through January 7th, Charlotte’s highs will remain in the 30s and our lows will drop to the teens and below (wind chills could even hit 0).
If you moved here from Ohio or New York (like myself), you may be rolling your eyes, but if you’re from Florida or California, get ready.
To prepare your car, top off all your fluids, especially your oil, power steering fluid, and antifreeze. You’ll also want to check your tires and make sure your air pressure is over 32 PSI.
To prepare your home, make sure to drain all fountains and exterior water fixtures. Always let at least one of your faucets drip to avoid freezing pipes. Consider buying a humidifier if you’re sensitive to dry air. If you have an older home with older windows, investing in some shrink film insulation will save you a ton on your heating bill.
With the passage of President Trump’s new tax plan people across the country have been rushing to pre-pay their property taxes before the first of the year when the policies will go into effect.
This past Wednesday, the IRS officially announced that anyone who pre-payments their 2018 property taxes may be able to deduct the full amount from their federal taxes, if they’re made before the end of the year and if the tax was also assessed before the end of the year.
Mecklenburg County officials have also announced that they’re now able to accept 2018 prepayments after their system was taken down earlier this month by hackers.
They’re still not completely back up, so they can only accept prepayments in check or money order.
The county said that all prepayments must include a note that indicates the property’s parcel number and that it’s for a 2018 prepayment.
Prepayments must be dropped off at the Mecklenburg County Tax Offices at 700 E. Stonewall St. in Uptown Charlotte by the end of the day today.
One of Charlotte’s most famous hot dog makers (second only to Vic The Chili Man) has just announced their grand opening date for their first Uptown location.
We first reported last December that the new location would be built at 400 S. Tryon St., near the corner of Church St. and Martin Luther King Blvd.;
They initially announced the grand opening on their Instagram page;
Their press release stated that the first 50 customers in line will get a free hot dog on January 2nd (doors open at 3pm).
The new location will feature an exclusive signature dog they will call the “Uptown Downtown” – a flame grilled dog topped with chili, queso, bacon, onions, and mustard.
They will be open daily from 10:30 a.m.-9 p.m., starting on January 3rd.