The Most Discounted Charlotte Stores for Black Friday 2017

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With Black Friday sales starting earlier and many retailers offering even deeper price cuts this year, the personal-finance website WalletHub today released its report on 2017’s Best Stores for Black Friday.

WalletHub surveyed nearly 10,000 deals from 35 of the biggest U.S. retailers’ 2017 Black Friday ad scans to identify the stores offering the biggest discounts in various product categories such as “Appliances,” “Jewelry” and “Toys.”

The following are some highlights from the report:

Best Black Friday Retailers (Avg. % Discount)
1 Kohl’s (66.32%)
2 JCPenney (66.30%)
3 Belk (62.75%)
4 Sears (50.09%)
5 Macy’s (45.58%)

 

Key Stats

  • Kohl’s has the highest overall discount rate at 66.32 percent, whereas Bass Pro Shops has the lowest at 20.83 percent.
  • The overall average discount for Black Friday is 37 percent. Consumers should aim for this discount amount or higher to avoid Black-Friday traps.
  • The “Apparel & Accessories” category has the biggest share of discounted items, 28.03 percent of all offers, whereas the “Consumer Packaged Goods” category has the smallest at 1.62 percent.

Amazon.com is the best online retailer for Black Friday deals – this year they’re running huge discounts on select products for 5 full days during “Black Friday Week“.

You can view the WalletHub’s full report here.

Police Launch New “Exchange Zones” Around Charlotte Region For Online Purchases

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This weekend, the Charlotte Mecklenburg Police Department officially opened 14 “Exchange Zones” in partnership with QuikTrip to provide people “safe zones” for buying and selling things from Craigslist, Facebook, and other online marketplaces.

Two parking spots will be painted red at 14 QuikTrip locations around the Charlotte region. They will be monitored by a 24/7 video camera, and officers will do periodic zone checks of each location, according to a CMPD press release.

“The Charlotte-Mecklenburg Police Department partnered with Quick Trip and coordinated exchange zones to offer community members a safer alternative while conducting online transactions,” the release read. “It’s critical for community members to understand that there is always a potential threat to safety whenever unknown parties meet to conduct financial transactions, regardless of the location.”

They announced the finalized locations on their Facebook page;

Mount Holly also launched their own Exchange Zone in the parking lot of their police station;

CMPD is currently in talks with other local businesses to open more of these safe zones around the Charlotte region.

What do you think about these new ‘exchange zones’? Will you use them?

Salvation Army of Greater Charlotte Officially Begins Its Red Kettle Campaign

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The Salvation Army has launched its iconic Red Kettle campaign, one of its most important fundraising efforts of the year. The Red Kettle campaign kicked off Nov. 17 and will run through Dec. 23. Kettles can be found in more than 50 locations around Charlotte throughout the season, with scores more throughout the metro area. For those who don’t carry cash, you can conveniently give to the Red Kettle campaign online, or text “KettleCLT” to 71777.

“The support we receive each Christmas through the Red Kettle campaign is critical to meeting the needs of people in our community throughout the year,” said Major Larry Broome, Area Commander of The Salvation Army of Greater Charlotte. “The money raised through the Red Kettle effort helps people at Christmas time and supports our year-round programs to care for homeless women; mentor at-risk youth; and provide other critical services to those in need. A little change goes a long way to foster lasting transformation in our community.”

A kickoff celebration was held Friday morning at the corner of Trade & Tryon streets in Uptown Charlotte. It is a spot that is of special significance, as Independence Square was the location of the central Kettle House for a number of years, starting in the mid-1940s. At the celebration, longtime friend of The Salvation Army, No Limit Larry, from local radio station Power 98 spoke and made the ceremonial first contribution.  Members of the Charlotte Rotary Club were on hand to be the first bellringers of the season. The Charlotte Rotary, represented at the kickoff event by president Katie Tyler and other members, have been Red Kettle volunteer partners ringing at the uptown location since the mid-1990s.

The Red Kettle Campaign has been a staple of the Christmas season for more than 125 years. There are still opportunities to serve as a volunteer bell-ringer. To sign up, visit RegistertoRing.com.

Funding Cut From NC Fire Department After They Refused To Remove Confederate Flag

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A debate over a Confederate flag at a North Carolina volunteer fire department building has finally come to a head. The county officially decided to cut funding to the department after they refused to remove the flag, according to KVUE.

The Uwharrie Volunteer Fire Department has been proudly flying the rebel flag above their Troy, NC fire station for years. Their building is privately owned, but they have been receiving public funds their fire trucks and other equipment.

The county recently sent the Uwharrie Fire Department a letter that read, “The Montgomery County Board of Commissioners respectfully asks the volunteers of the Uwharrie Fire Department to remove the Confederate Flag from the building for which they are defacto stewards. We ask you to do so, out of respect for the institution you have so admirably volunteered to serve.”

After the volunteer fire department decided to continue to fly the flag, the county made the move to cut their funding.

The Board of Commissioners now say that the firefighters will only receive money for fuel and maintenance for two county-owned fire trucks going forward. They will be missing out on their regular $20,000 equipment check and their new $400,000 fire truck.

 

What do you think about the county’s decision? 

Do you think the rebel flags should stay?

FBI Stepping Up Efforts To Find Missing 20-Year-Old in NC Town Where 3 Others Found Dead

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The FBI is now stepping up their efforts to find 20-year-old Abby Lynn Patterson, who was first reported missing last month.

According to Lumberton Police, 20-year-old Abby Patterson told her mother she’d return in an hour before leaving the family home on the morning of September 5th, she has not been heard from since.

The FBI just released this updated flyer and is asking the public to spread the word;

Abby is now the 4th woman who went missing from the same town where 3 other missing women’s remains were found earlier this year.

The bodies of Christina Bennett, 32, and Rhonda Jones, 36, were both discovered April 18. Police found the body of Megan Oxendine, 28, on June 3 in Lumberton, NC. Authorities found each of the three bodies in a three-block area of Lumberton.

“At this point we don’t know if there’s a connection,” Lumberton Police Chief Michael McNeill said of the 4 women. Local police and the FBI are now assuming that Abby is still alive.

“We’re soliciting help from the community,” Cheif McNeill told Fox News. “Someone out there has information we need.”

Family and friends of Patterson are offering a $5,000 reward for information that leads to her being found.

Abby Patterson is described as 5-foot-7 and 140 pounds with brown hair and brown eyes. She has a bird tattoo on her shoulder and a birthmark on the back of her left thigh.

Abby was last seen wearing brown shorts and a white shirt.

If you have any information about Aby, please call the Lumberton Police Department at 910-671-3846 or the FBI’s Charlotte Field Office at 704-672-6100.

Please help spread the word! 

Two People Were Shot at Church During Church Shooting Discussion

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Two people were accidentally shot in a Tennessee church this past Thursday during a discussion about church shootings, according to the Tellico Plains Police Department.

Several elders of The First United Methodist Church in Tellico Plains met yesterday afternoon at around 1 p.m. to discuss the Texas shooting and what could be done about protection in the church. During the discussion, someone asked if anyone brought a gun to their church.

One man said that he carries his gun everywhere he goes. He pulled out his .380 caliber Ruger, emptied the magazine and chamber, and then passed it around.

Once the gun came back around the circle, the man put the magazine back in, cocked the chamber, and then accidentally squeezed the trigger. The gun went off, hitting the man in the hand and his wife in the abdomen, according to police.

Both shooting victims were rushed to UT Medical Center by helicopter for non-life threatening injuries. Their names have not been released.

Immediately after the incident, several schools in the area were put on lockdown, which was lifted once the scene was cleared.

Public Gives Overwhelming Approval For New Rail Lines To Lake Norman and Gaston County

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Yesterday the city of Charlotte concluded the last of their 10 community engagement meetings for the Lynx Red Line and Lynx West Corridor studies.

Those that attended the meeting had an overwhelmingly positive opinion about both new rail lines, and many even suggested that the Lynx West Corridor should be extended past the airport into Gaston County.

Most of the questioning revolved around “when” the transit corridors would be developed rather than “if” or “why” they should be. The biggest obstacle that the city now faces is funding, as the two new lines are estimated to cost between $5-$7 billion.

CATS and its consulting partners hope to present a summary of the 10 community meetings by the Spring of 2018, and potentially also the designs for the new Lynx Silver Line (down to Matthews), if they can find enough funding.

CATS expects to finalize their studies and recommendations for the north and west Lynx lines by late 2018.

What do you think about the new Lynx rail lines?

Which do you think is the most important – the Silver Line (to Matthews), Red Line (to Lake Norman), or the West Corridor line (to the airport)?

Gaston County Police Issue Missing Person Alert For Endangered Teenager

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The Gaston County Police just issued a missing persons alert for an endangered teenager.

According to the alert, Julia Dalton (AKA Dennis) ran away from her home on Albert Ln. in Dallas, NC this past Tuesday. Police think Dalton could still be in the Dallas area and might be looking for transportation to Oregon.

Julia identifies as a male and refers to herself as Dennis Dalton on social media.

According to Dalton’s Facebook page, bullying has been a significant issue;

According to the Gaston County Police Department, Julia Faith Dalton (AKA: Dennis Dalton) is a white female born on 8/03/2000 with brown hair, brown eyes, is 5’7″ and weighs about 160 lbs.

If you have any information about Dalton’s whereabouts, please contact Detective J. P. Brienza in the Criminal Investigations Unit of the Gaston County Police Department at 704-866-3391 or 704-866-3320.

Top 10 Worst Things You Can Say To A Charlottean

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Are you thinking about visiting Charlotte?

Maybe you’re coming to town for a few days to see some family or hang out with some friends.

You might have heard about our southern hospitality, but you should know that it only goes so far. If you want to have an enjoyable visit, you may want to avoid saying these 10 things:

#1 Do You Work For Bank of America?

bank of america building uptown charlotte

Sure, there may be over 80,000 people working in the finance industry in Charlotte, but that 80,000 is out of of 1.2 million. The reality is that Charlotte has an extremely diverse workforce – our city employs people in almost every conceivable industry – and we’re seeing a ton of new start-ups all the time.

#2 Charlotte Is a Little Atlanta

We may be a sprawling metro city in the south, with tall skyscrapers, professional football, and growing traffic problems – but so are a dozen other cities. We aren’t Atlanta’s kid brother and we aren’t ‘growing up’ to be like them.

#3 Charlotte’s Full Of Redneck NASCAR Fans

charlotte nascar fan

First off, all NASCAR fans aren’t rednecks – I personally know at least 1 NASCAR fan who I’d consider civilized. Secondly, most Charlotteans have never even watched a NASCAR race, let alone visited Charlotte’s NASCAR Hall of Fame. You’ll have to go Moorseville (home of the largest concentration of NASCAR teams in the world) or Concord (home of the Charlotte Motor Speedway) if you want to find some true NASCAR fans.

#4 Let’s Go To The Epicenter (on a Saturday Night)

Only two kinds of people hang out at the Epicenter on the weekends, tourists and incredibly wasted, obnoxious twenty-somethings. It’s cool during the week for a classy dinner or meeting some people after work on Thursdays for Alive After 5, but the weekends should be considered off limits. Sure, we’ve all been forced to go there at least once on a Saturday night but the only thing we can actually remember is how miserable it was.

#5 Let’s Go Downtown

charlotte nc uptown

Charlotte is the Queen City and the Queen is a classy uptown lady, not a downtown tramp. So don’t roll your eyes when we tell you our city center is referred to as uptown not downtown.

I know, I know, all the “true Charlotteans” (those who’ve lived here more than 5 years), still call it ‘downtown’, but times have changed, and so has the name of our city’s center.

#6 Why Are You Using GPS? Don’t You Live Here?

I’m convinced that no matter how long a person have lived in Charlotte, they will always need a GPS. Every street in Charlotte is named Sharon or Queens something and they switch names without any warning. You can be driving down Queens Road, take a right at a stoplight and still be on Queens Road, but keep driving straight without any turns and you’re suddenly on Queens Road East. Some roads are circles, others change names without warning, and almost none of them are straight.

#7 Let’s Go To Christmas Town, USA (In December)

mcadenville charlotte

All Charlotteans have been to McAdenville during Christmas at least once and most would say that once is more than enough. There’s no amount of twinkling lights that could possibly be worth that traffic.

#8 Michael Jordan Is A Horrible Person

You take that back – take it back right now.

Michael Jordan returned our beloved Hornets after 10 long years, which instantly made him a local hero. The buzz is back – and this time, it’s here to stay!

#9 Jerry Richardson Is A Horrible Person

jerry richardson charlotte statue

I can’t imagine why anyone in their right mind would ever say such a thing, but if they did, I think they should be banned from our city.

Jerry Richardson almost single-handedly brought us the greatest professional football team in history, and continues to shine an incredibly positive light in the Charlotte community. He’s always willing to snap a selfie or give a hug, and over the years, he’s donated millions to local charities. He even now has his own statue outside of the Bank of America stadium!

#10 The Panthers Are The “best worst team in the NFL”

We continue to catch flack for having the talent, but not following through. We made it to the Superbowl twice, but still don’t have any rings. We continually beat some of the leagues best teams, but then lose to mediocre ones. Some say we will always be unpredictable, but as our fan base continues to build, the faith in and love for the ‘cardiac cats’ only grows stronger.

Remember these important tips next time you visit Charlotte, because let’s be honest, this is the greatest city you’ve ever visited and you know you’re going to end up moving here.

Please share if you love the Queen City! 

Charlotte Housing Monthly Review – October 2017

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KEY HIGHLIGHTS. Average Selling Prices for the Charlotte MSA* rose 2.9% year after year after stalling in August and rising in September.  However, the trend month to month continues to trend DOWN as prices fell sequentially again by 1.85% from September making it 3 STRAIGHT months of decelerating pricing trends.  Thus, as mentioned earlier affordability is now weighing on price appreciation.   All other metrics besides price appear very healthy however.

CUMMULATIVE DAYS ON MARKET.  This figure now stands at 42 dropping slightly vs September and down from 54 a year ago.

AVERAGE SALES PRICE.  This figure remains below record levels at dropping sequentially to $266,091 vs $270,959  in September.  Prices have fallen 9.1% from their peak in June.  Prices rose 2.9% year over year while the year to date average stood at 5.9% higher vs 2016.  The trend in housing prices appreciating in South Charlotte vs North mitigated again as many areas in North counties rose vs South especially areas like Lake Norman.

CLOSED SALES.  This figure fell 0.4% year over year again while although less so vs the prior month and year to date rose 6.2%.

 PENDING SALES. This figure remained very strong rising 14.1% year over year while year to date rose 6.6%.  Sequentially, they rose slightly from the prior month.

MONTHS OF SUPPLY OF HOMES.  This figure fell slightly from last month at 2.1, but fell year over year by 22.2% from 2.7.  The figure remains near the 2017 low – set in January at 1.9.  Of note areas in northern Charlotte maintain 2-3X higher Months of Supply vs southern regions which explains most of the pricing trends north to south.

COMMENTARY.  The declines in Average Selling Prices from the peak set earlier in the year locally here in Charlotte must be looked at in context of nationwide data.  Further, the month to month declines indicate that as comps get more difficult in 2018 year over year growth could slow.  The recent Mortgage Applications data (see comment on Linkedin) also support a cooling market albeit and market that for sure is starting from very strong levels.  Higher rates explain these trends which impacts affordability.  Home prices outstripping wage growth also has played a role.  Going forward expect prices to appreciate if at all at much slower pace than the past 12 months.  With the Pending Sales data improving its unlikely demand will slow appreciably in coming months.

Considering Buying a New Home?  Please follow us on Linkedin by searching “Charlotte Consultant Services” for more insight on housing.  We provide contract review consulting services for new construction clientele.  For small business owners we provide business planning consulting services.  Please contact us for further detail or complementary consultation.

 

Data Source:  Charlotte REALTOR Association. 

*Charlotte MSA is the Charlotte–Concord–Gastonia Metropolitan Statistical Area.