Mecklenburg Among Wealthiest Counties in North Carolina – Study

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A new study from SmartAsset analyzes the places in North Carolina with the highest per capita wealth, and Mecklenburg County made the list. The study measured the amount of investment income being generated in each county, in addition to the per capita income and median home value to find the wealthiest places.

For a closer look at the top counties in North Carolina, check out the table below:

Rank County, State Median Income Investment Income Median Home Value Overall Wealth Index
1 Orange County,NC $79,205 $63,645 $456,878 30.75
2 Wake County,NC $88,471 $41,155 $463,222 30.30
3 Chatham County,NC $76,791 $39,115 $528,211 29.52
4 Dare County,NC $69,500 $29,348 $547,928 28.68
5 Union County,NC $88,465 $30,910 $419,476 27.00
6 Currituck County,NC $79,416 $14,619 $506,956 26.11
7 Mecklenburg County,NC $73,124 $56,835 $397,105 25.63
8 New Hanover County,NC $62,362 $52,347 $400,840 24.97
9 Buncombe County,NC $59,699 $41,393 $445,516 24.48
10 Durham County,NC $67,000 $33,213 $385,969 24.17

 

The study’s methodology and interactive map can be found here.

Soccer Legend Lionel Messi Just Signed With Miami and Will Be Playing in Charlotte This October

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Argentine football legend Lionel Messi is now playing with MLS’s Inter Miami, a move that shocked the global soccer community after turning down an expected deal with Barcelona and a $1.6 billion 3 year contract from Saudi Arabian club Al-Hilal.

Tickets for all of Miami’s games are already skyrocketing in price, with seats for Miami’s game against Charlotte FC at Bank of America Stadium in October ranging in price from $181 to over $12,000 per ticket.

In an interview with Spanish media outlet SPORT, Messi said, “I have made the decision to go to Miami. If the Barcelona thing didn’t work out, I wanted to leave Europe, get out of the spotlight and think more of my family.”

Although the exact figures have not yet been released, the deal promises to be the largest in MLS history.

Inter Miami CF, co-owned by former England captain David Beckham, joined the MLS as an expansion team in 2020. The club has shown ambition in bringing high-profile players to improve the team’s performance and global recognition.

Earlier on Wednesday, Inter Miami’s CEO posted a cryptic tweet featuring a No. 10 shirt showing just the last two letters, “SI”, of a last name. The league has confirmed that a deal with Messi is not yet finalized but expressed enthusiasm about the prospect.

Messi’s move to the American MLS comes after a somewhat tumultuous period with French side Paris Saint-Germain (PSG). After leaving Barcelona in 2021 due to the club’s financial difficulties, he joined PSG, where he won two Ligue 1 titles but failed to secure the club’s first-ever Champions League title. His stint at PSG ended under less than ideal circumstances, with the club suspending him for an unauthorized trip abroad.

Messi, with his illustrious career spanning 17 years at Barcelona and two at PSG, would significantly enhance the star power of MLS. Known for his exquisite skill and prolific goal-scoring ability, Messi would undoubtedly boost the popularity of soccer in the United States and Canada, elevating the MLS to new heights. His move, if it materializes, will likely bring a surge of fans and interest to Inter Miami and the league as a whole.

What do you think about Messi’s decion?

New data: Charlotte Rents Increased 0.4% in May

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Despite this being the peak season for the rental market, rent growth remained sluggish in May. Prices inched up another 0.5% month-over-month, similar to April and slightly lower than March. Rents are up just 1.9% so far in 2023, and in nearly half of all big cities, prices today are lower than they were one year ago. Of course, regional variation exists, and a handful of markets continue to boom, but the national numbers speak to a continued, broad cooldown of the rental market.
For the latest data, you can check out the May Rent Report here. Some highlights include:
  • Rents in Charlotte increased 0.4% in May, compared to a 0.5% increase nationwide.
  • Year-over-year rent growth in Charlotte now stands at +1.4%, down from +17.5% one year ago. Since the start of the COVID-19 pandemic in March 2020, citywide rents have risen a total of 24.7%.
  • Today the median rent in Charlotte is $1,327 for a one-bedroom unit and $1,454 for a two-bedroom unit. And the citywide apartment vacancy rate stands at 8.3%, up 2.6 percentage points from this time last year.

Surprisingly, the highest rental rate growth for our region continues to be Gastonia, with a year-over-year rent growth of 8.2%.

Code Red Air Alert Issued For The Charlotte Region Today Due To Canadian Wildfires

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For the first time in over 20 years, the majority of North Carolina counties will be under a “Code Red” air quality warning due to a massive smoke plume coming from the ongoing Canadian wildfires.

According to the NCDAQ, the smoke arrived in North Carolina yesterday, leading to a sharp rise in particle pollution. By Wednesday, the warning escalated to “Code Red,” affecting the Charlotte metro, the Triangle, northern Mountain regions, and northern Coastal Plain, indicating unhealthy air quality for all residents, not just sensitive groups.

A state-wide burning ban is active until the alert concludes. To prevent worsening conditions, residents are also advised to limit driving and usage of gas-powered equipment. Air quality is expected to remain at a high-alert level throughout the week. More than 400 wildfires in Canada, with over 200 out of control, have caused the smoke pollution.

This week’s high temperatures, along with the low air quality increases everyone’s chance of heat exhaustion and heat stroke – make sure to stay hydrated at all times.

If you’re planning on spending an extended amount of time outside today, make sure you wear breathable clothes and consider getting a small fan, personal air conditioner, or evaporative cooling towel.

Stay safe out there!

NC Cousins Buying Back Their Brewery From Bud Light Parent Anheuser-Busch

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Nathan Kelischek and Chris Zieber, co-founders of Appalachian Mountain Brewery, are about to reacquire their NC-based brewery from Bud Light’s parent company Anheuser-Busch.

The 2 founders first started their brewery in 2011 and later partnered with the Craft Brew Alliance, leading to an acquisition by Anheuser-Busch. By 2021, Appalachian Mountain Brewery’s beers were officially part of Anheuser-Busch’s craft beer selection.

Despite the changes in ownership Kelischek and Zieber remained actively engaged in the operational aspects of the brewery. They have now successfully negotiated a deal to buy back Appalachian Mountain Brewery from Anheuser-Busch.

The 2 will also be expanding their operations by opening a new tap room in Asheville.

They will continue to maintain their original location in Boone, North Carolina.

Details and pricing of the deal have not yet been released.

New Movie ‘Operation Taco Gary’s’ To Be Filmed in Charlotte – Asking For Paid Extras

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Movie producers are now looking for paid extras for a new film to be shot in several locations around the Charlotte region.

According to IMDB, the new project is a chaotic cross-country journey starring two brothers who unwittingly get entangled in a global conspiracy. “Operation Taco Gary’s” promises a blend of comedy, drama, and mystery with Simon Rex leading the cast. Not only is Rex starring in the project, but he’s also stepping up as executive producer alongside Michael Kvamme, who is making his directorial debut while also contributing his writing talents to the project.

As reported by Deadline, this comedy features an offbeat conspiracy theorist who drags his distant brother along for a road trip with a hidden motive. Simon Rex will bring the character of Danny to life, a man who initially seems like a typical conspiracy theorist, only to reveal a deeper, more intricate persona as the plot unravels.

The call for extras is currently open, but they’re only considering individuals living in the Charlotte area since no travel expenses are being covered.

You can read about all the specific extras needed here.

Top 5 Best Public Parks in Charlotte For Fishing

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best-parks-to-fish-at-in-charlotteMecklenburg County Park and Recreation currently maintains over 27 miles of shoreline at Lake Norman, Mountain Island Lake, and Lake Wylie, as well as dozens of ponds and smaller lakes that are stocked for public fishing.

No matter where you live in Mecklenburg County, chances are there’s a fishing hole close by.

Here are 5 of the best spots around our city: 

#1 Freedom Park:

Yes, just a couple of minutes from uptown Charlotte, you’d be surprised what you can pull from the lake at Freedom Park! You’ll find largemouth bass, channel catfish, and bluegill here. A great place for bank fishing with the little ones, and easy access to the playground when their patience fades.

#2 McDowell Nature Preserve:

On the shores of Lake Wylie, McDowell Nature Preserve and Copperhead Island have boat launches for fishing further out, and seven piers for fishing, too! Bass, catfish, and other panfish are plentiful here. Plus, a fantastic shelter, volleyball pit, and fire ring for group outings!

#3 Latta Plantation Nature Preserve:

So much history here, plus kayak and bank access to Mountain Island Lake. You can literally spend all day here, between the Nature Center, hiking and horseback trails, Raptor Center, and historic Latta Plantation home, but you’re here to fish! You can get loaner tackle here, and buy bait.

#4 McAlpine Creek Park:

Renowned by runners, walkers, and those cyclists who love those e-bikes for its Greenway, McAlpine Creek Park is home to a 3-acre lake stocked with catfish, bass, and bluegill. There’s a small pier and several bank-side benches. Accessible from all sides, there’s plenty of elbow room here to practice your fly-casting!

#5 Colonel Francis Beatty Park:

This may be one of the hottest ‘in town’ fishing spots. Colonel Francis Beatty Park is 265-acre park. It’s by no means massive, but it has plenty of amenities. The 20-acre pond is deeper than most at 18 feet, and is stocked with largemouth bass and bluegill. Open every day from dawn until dusk.

If you’re new to the whole fishing thing, you can borrow a rod and reel at a participating Mecklenburg County Park and Rec Nature Center, including Latta Plantation, McDowell, or Reedy Creek. Latta Plantation even sells bait, so you’ll have everything you need. Call in advance to check for availability, then enjoy the fishing!

Make sure you have a valid A North Carolina Fishing License before you go. You can buy your fishing license online at this link, or call 1-888-248-6834.

Special thanks to Mecklenburg County Park and Rec’s New Blog for compiling this list.

No Kid Hungry this Summer: NC’s Summer Nutrition Programs Set To Feed Over 900,000 Children

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North Carolina’s Summer Nutrition Programs are now set to provide over 900,000 students with free nutritious meals and snacks when school is out, with the aim to serve students up to 18 years old in economically distressed areas.

Administered by the N.C. Department of Public Instruction with federal aid from the USDA, meal sites range from schools, playgrounds, libraries, to faith-based facilities. All eligible children can avail of meals free of cost, without needing registration or ID.

You can find out more info about the programs near you in the following ways:

These States on The East Coast Have The Highest Real Estate Price Increases

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During the last five years, the U.S. housing market has risen by an average of 38.69% nationwide.

Data from Zillow showing historical average house prices in each East Coast state. The study shows which state has had the highest percentage increase from 2021 to 2023.

Florida is the state with the highest increase in property prices. The average price of a home is now $385,157, an increase of 35.16% from 2021. The county with the highest increase is Collier County with 50.35% and the county with the lowest is Washington County with only 21.95%.

Georgia has an increase of 29.55% with the average price of a home in 2023 coming in at $311,253. Wilcox County sees the highest increase with 40.29% while the smallest increase of just 2.41% belongs to Chattahoochee County.

North Carolina has the third highest increase. House prices in the state are now 29.48% higher than in 2021. Richmond County has the largest increase in the state, with prices in 2023 being 45.16% higher than in 2021. The smallest increase within the state is that of Bertie County, with average house prices in 2023 being $42,522, a 2.93% increase from 2021.

In fourth is South Carolina with a 29.31% increase in prices from 2021, now averaging $279,015. House prices in Chester County average $169,044, an increase of 41.96% from 2021. In Marion County, house prices have only increased by 2.94%.

The state with the fifth highest increase is Maine. House prices have increased by 24.60% since 2021, with properties now averaging $360,951. Piscataquis County has the highest increase in house prices with 33.16% whereas York County has the smallest increase, at 19.64%.

State

Average price April 2021

Average price April 2023

Percentage difference

Florida

$284,957.54

 $385,157.04

+35.16%

Georgia

$240,266.65

 $311,253.53

+29.55%

North Carolina

$244,100.97

 $316,052.13

+29.48%

South Carolina

$215,767.22

 $279,015.99

+29.31%

Maine

$289,687.62

 $360,951.66

+24.60%

New Hampshire

$356,753.18

 $435,383.91

+22.04%

Delaware

$308,736.45

 $365,168.93

+18.28%

New Jersey

$388,005.17

 $457,044.57

+17.79%

Connecticut

$309,127.37

 $364,082.38

+17.78%

Rhode Island

$357,723.86

 $418,708.32

+17.05%

New York

$362,020.88

 $419,707.70

+15.93%

Pennsylvania

$214,248.80

 $248,121.36

+15.81%

Massachusetts

$501,215.81

 $568,244.49

+13.37%

 

New Hampshire is sixth with house prices averaging $435,383, an increase of 22.04%. Within the state, Coos County real estate prices have increased by 35.11% since 2021, while in Hillsborough County they have increased by 16.26%.

Delaware’s property prices have increased by 18.28% since 2021, with a property now costing $365,168 on average. In Sussex County, the price of a home reaches $450,648 on average, a 26.96% increase from 2021. New Castle County prices have only increased by 14.22% in comparison.

Properties in New Jersey cost $457,044 on average, an increase of 17.79%. Cape May County has a price increase higher than the state’s average, coming in at 28.33%. On the lower end of the scale is Hudson County, with an increase of only 9.98%

Rounding out the list is Connecticut with 17.78%, Rhode Island with 17.05%, New York with 15.93%, Pennsylvania with 15.81% and Massachusetts with 13.37%.

Navigating the Rise in Cash Home Buying

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Simplifying Your Home Sale in Today’s Market

Is selling your home becoming a daunting task? Does the traditional route feel overwhelming, filled with endless paperwork and a long waiting period? Fear not. A new trend has emerged that could revolutionize your home selling experience – cash home buyers. As a homeowner, you may find this path less beaten more convenient and swift, exemplified by services like sellmyhousefast-charlottenc.com.

Cash Home Buyers: Changing the Real Estate Game

Who are these Cash Home Buyers?

Cash home buyers, primarily real estate investors, cut out the middleman. They purchase directly from homeowners in cash, omitting the need for bank financing. This innovation in the real estate industry speeds up the selling process significantly, offering a lifeline for homeowners needing a quick sale.

The Speed of Growth

Cash home buyers’ popularity is surging, owing to the significant advantages they present over traditional real estate transactions. Their ability to offer ease, convenience, and speed has made them an attractive option for homeowners desiring a hassle-free sale.

Unravelling the Benefits of Cash Home Buyers

Quicker Sales and Less Hassle

With cash buyers, the selling process becomes remarkably quicker. No longer do sellers need to wait anxiously for the right buyer or for mortgage approvals. The speed of the transaction can be a significant boon for those needing to sell their homes promptly.

Reduced Paperwork

In traditional home sales, complex contracts and paperwork can lead to significant stress. However, cash home buyers streamline the process, simplifying the paperwork and easing the burden on the homeowner.

Bypassing Home Repairs and Staging

Selling a home usually requires staging and possible costly repairs to make the property appealing. Cash home buyers buy the house as-is, allowing homeowners to save time, money, and effort.

Greater Financial Security

When selling to a cash buyer, there’s no fear of a deal falling through due to a failed financing agreement. This financial security can be of immense relief for homeowners in urgent need of selling their homes.

The Homeowner’s Guide to a Simpler Sale

Cash home buyers, with their direct approach, have made selling a home simpler and quicker than ever. As more and more homeowners recognize these benefits, the trend is set to continue its growth.

If you’re contemplating selling your home, this new wave in real estate may be worth exploring. It could save you time, money, and unnecessary stress while offering financial security.

However, remember to do your due diligence. As with any major decision, researching and understanding all available options is essential. Weigh the pros and cons and ensure your choice best fits your specific situation. If time and convenience are your priority, cash home buyers could very well be your key to a streamlined and hassle-free home sale.

In the constantly evolving landscape of real estate, staying informed and adaptable to new trends is crucial. Cash home buyers are proving to be more than a passing fad. They are reshaping the future of home sales, offering a new, effective way for homeowners to navigate the market. So, step out of the traditional maze of home selling and into the simplified world of cash home buyers – it could be your ticket to a swift and stress-free home sale.