Tue, 1 July 2008
July 1, 2008
Wavering real estate sales, power hookups and CMS enrollment growth are among the indicators cited.
By Christopher D. Kirkpatrickand Amy Baldwin/Charlotte Observer
Some indicators, including school enrollment, new electrical service hookups and reports from businesses that cater to new residents, point to a migratory slip.
Economists and others say the change, though just a hiccup and no threat to long-term prosperity, illustrates how
It could also ease traffic, pollution and a classroom space crunch, among other growing pains, said Douglas Shoemaker, a research analyst with UNC Charlotte's Center for Applied Geographic Information Science.
“A lot of towns have been overwhelmed by quality of life issues and providing services such as water and sewer,” Shoemaker said. “A lull would allow planners to get the upper hand again.”
The latest Census Bureau population data on newcomers isn't available until the fall. But institutions such as
CMS officials expected to add 5,200 students this school year, but only about 2,900 new enrollees turned up. It marked the first time in four years that CMS forecasts overestimated enrollment.
Duke says new electric power hookups in the
Gentle Giant, a Boston-area-based mover with a
The company also specializes in out-of-state corporate moves. “We've had a lot of really big jobs get canceled. There isn't the drive to invest as much.”
Vogel said real estate prices have fallen so far in the Northeast that homeowners can't afford to sell at a loss: “So they're putting off moves.” Side business from relocations is also affected – fewer newcomers move their parents down after them, for example, he said. “All that stuff used to trickle down.”
The region has benefited this decade from transplants who spend money, buy houses and work available jobs, said Mark Vitner, senior economist with Wachovia.
About 88,000 newcomers moved to
Federal Reserve economist Matt Martin said he expects this fall's census data that counts newcomers to confirm a decline. He said he's been hearing a collective buzz since the fall about the slowdown of newcomers.
He said a tightening local job market is adding to the falloff. “There are not as many opportunities at the moment,” said Martin, who works at the Federal Reserve branch in
Jobless rates for the
Vitner said he's expecting the newcomer slowdown to extend into next year, sapping tax revenues and local economic sectors that offer services “directly tied to population growth.”
Savvy + Co., a residential real estate company in
“Sometimes they just say, ‘We can't sell our house, so we are going to stay here,'” she said.
Suzanne Meyer, owner of The Welcome Service, which dispatches welcome baskets in the
Business “has slowed down a bit for us,” she said. Meyer's company targets affluent homeowners, those who buy homes with price tags upwards of $300,000.
Gina DeCarlo recently decided to leave
After more than 30 years in
But DeCarlo, 50, doesn't want to sell her home in
“I can't get what I want for my house,” she said. “The house has taken probably a $50,000 dump.”
She'd like to get $300,000 for the house she bought in 1982 for $100,000.
Martin and Vitner predict the slowdown of transplants won't create lasting economic woes.
“It's nothing to panic about,” Vitner said, noting that housing prices in hard-hit states should bottom out by the end of next year and those markets should loosen up. The flow of newcomers should pick up as those homes start to move, he said.
“I think this is all short-term,” he said. “I don't think the conditions that have driven
Population for nine-county
Note: For this story, the Observer defined the region as the retail trade zone counties of Mecklenburg, Cabarrus, Catawba, Gaston, Iredell,
Lynnsy Logue The Real Estate Lady® and Condo CanDo®,
Mon, 30 June 2008
Lynnsy Logue The Real Estate Lady and Condo CanDo in Charlotte, NC
Green building booms in WNC by Paul Clark-Citizen Times
The N.C. HealthyBuilt Homes program is a voluntary, statewide green building certification program. The number of certified and finished HealthyBuilt homes in Western North Carolina more than doubled between June 2007 and January 2008 — from 51 to 125, according to the Western North Carolina Green Building Council.
Green homes in progress increased nearly fivefold — from 100 to 482. Currently, there are 668 in development, the council reports.
The number of HealthyBuilt homes for sale in the county jumped from 11 in the year preceding June 19, 2007, to 113 in the year preceding June 19, 2008, according to the WNC Regional Multiple Listing Service, a tool that real estate professionals use to list and sell homes.
“This is not a fad. This is the future,” said Pat “Tree” Spaulding, a certified environmental consultant for Keller Williams Professionals real estate company in
“Everything (green) is going through the roof and shows no sign of stopping,” said Stephens Farrell of Stephens Smith Farrell Architecture in
Farrell is the architect on a house on
Their super-insulated house reduces its energy needs by using a geothermal heat pump, which uses the consistency of the earth’s temperature — about 55 degrees five feet below the surface — to heat and cool. The house, with solar hot water, stays cool in summer and warm in winter because of its living roof — a mat of live sedum that needs watering the first year but none later, barring a searing drought.
Bigger than it was
In its Enka Hills subdivision, Asheville Area Habitat for Humanity built 16 HealthyBuilt homes in 2007 and plans to build the same number this year, communications manager Ariane Kjellquist said. All have non-toxic water-based paints and high-efficiency appliances. Its largest four-bedroom house won’t cost more than $34 a month to heat or cool, Kjellquist said.
There are more than a dozen LEED-registered buildings in WNC, said Matt Siegel, director of Western North Carolina Green Building Council. LEED — Leadership in Energy and Environmental Design — is a voluntary, consensus-based national standard for developing high-performance, sustainable buildings. Siegel is working with the Eastern Band of Cherokee Indians on the largest LEED-certified project in WNC — a 470,000-square-foot, three-building school complex under construction.
“For years, we have been having Realtors saying, ‘We have a customer (for green housing), but there’s nothing out there,’ ” Seigel said. “They didn’t have 50 different options as far as size and price.”
“I’ve got clients who moved to
Energy prices are one reason green building is so popular, Seigel said. As a result “a lot of our green builders haven’t seen the downturn in real estate that others have,” he said. Developers of large communities are coming to the council for its advice on how to build green. In two and half years, the council’s membership has grown from 150 to 520.
Eco Concepts Realty completed Hudson Street Cottages, a green development off
Ed and Kate Daigle are moving into a condo at Gaia this fall. They live in a 1930s house in Brevard that other than the grass, isn’t green at all, Ed Daigle said. The move is philosophically based — he believes that global warming is the world’s most pressing matter.
Michael Figura owns Eco Concepts Realty. He’s also a planner at GreenPlan, an
“It’s the best way we can impact the sustainability of our culture,” Figura said. “We only have one earth. We’ve got kids and want to try to leave it a better place than we found it.”
Green with envy
Got a green home you’re dying to show off? ECO (the Environmental and Conservation Organization) is organizing its first green home tour in August in conjunction with the Southern Energy and Environment Expo on Aug. 23. It is looking for homes in
Eco-friendly home features
The N.C. HealthyBuilt Homes program has an extensive checklist that calculates eco-friendly aspects of a dwelling before designating it as a HealthyBuilt home. Green features at Stan and Colette Corwin’s Chunns Cove home include:
• Recycled gray water system.
• Salvaged building materials.
• Sealed crawlspace.
• Locally milled/fabricated cabinets with FSC-certified zero-formaldehyde hardwood plywood.
• Decking and hardwood floors made of sunken river wood.
• Natural cork bathroom floors.
• Zero-VOC Earthpaint in interior and on decking.
• Icynene insulation throughout.
• Rain harvesting.
• Wood-burning stove.
• Tankless water heaters.
• Looped on-demand hot-water delivery system.
More green in the Carolinas from the mountains to the coast!