Charlotte NC Economics | Charlotte NC Homes for Sale By The Maxwell House Group, Realtor

Local Grocer, Harris Teeter, Shows Strong 3rd Quarter Increases

Charlotte grocery store produce shopping

Local Grocer, Harris Teeter, Shows Strong 3rd Quarter Increases The Harris Teeter grocery chain and thread company American & Efird, reported yesterday that despite the bad news in the stock market, Ruddick’s subsidiaries is showing significant increases in revenue. Ruddick’s subsidiaries increased its third-quarter revenue, rising to $1.19 billion. The $32 million profit for the quarter is up 11 percent from 2010. The 204-store Harris Teeter chain revenue increased 8% as compared to the same quarter last year, to $1.1 billion. Sales at stores open a year or more rose 4.4 … Continue reading...

Charlotte NC Ranked As A Top 20 Fastest Growing Cities In The Nation

Charlotte NC Ranked As A Top 20 Fastest Growing Cities In The Nation The Queen City is among the top 20 US cities with relation to population growth in the last decade, according to a recent Rice University analysis of the 2000 and 2010 US Census. Charlotte Metro population increased by 427,590 during the last decade, ranking No. 14. Also in NC, Raleigh ranked No. 20 with a population increase of 333,419. The nation's cities with the highest population growth include New York, Los Angeles and Chicago. Houston, the nation's fourth-largest city, grew by 1.2 million people in the decade, more … Continue reading...

More Jobs Coming to Charlotte via Time Warner Cable

225 More Jobs Coming to Charlotte via Time Warner Cable Time Warner Cable (TWC), a national cable television provider which operates in 28 states with 47,000 employees across the nation, plans to expand their corporate campus to more efficiently enhance the customer experience. Time Warner Cable is building their national data center in Charlotte, adding 225 jobs and investing $101 million. The plans to build a national data center and new corporate office building in Charlotte were announced this week by Governor Beverly Purdue. TWC will be adding nearly 10% more new corporate positions … Continue reading...

New Housing Statistics Show Charlotte as Number 1 in the Country

Charlotte Housing Sales Prices Increasing for May, 2011

New Housing Statistics Show Charlotte as Number 1 in the Country CHARLOTTE, NC: The National Association of REALTORS declared Charlotte the number one city in the nation for growth in home prices from the beginning of last year to the beginning of this year. Prices have surged more in the Charlotte area than anywhere else in the US. The median home price in the 7-county Charlotte metropolitan area, including Charlotte, Gastonia and Concord, was $195,000 for the first quarter of 2011. This statistic is up more than 12 percent from the first quarter of 2010. Charlotte didn't feel quite the … Continue reading...

Charlotte NC Jobless Rate on the Decline, May 2011

Charlotte NC Jobless Rate on the Decline, May 2011 As discussed in previous articles regarding Charlotte's position as the nation's second largest financial hub, the city has begun the move to grow well beyond being known only as a financial hub. With the financial sector cutting jobs, our largest single employer remains Carolinas Healthcare Systems, parent company to several local hospitals as well as many physician practices in the Charlotte Metro area and beyond. Charlotte is growing in professional and business services, hospitality and trade, transportation and utilities, including … Continue reading...

Charlotte’s Quiet Change Insures a Stable Economy

Quiet but, Steady Change Insures a Stable Economy for Charlotte CHARLOTTE NC — Just a few short years ago, Charlotte was most known as a banking center; in fact, the second largest in the US, second only to New York City. In years prior to that, however, Charlotte was a major textile center due to her central locale, and has even had her name associated with big industry in even more recent years. As the economy changes, so does Charlotte. Beginning in 2008, Charlotte officials began to recognize that the housing crisis was going to have a huge impact on our major industry, banking. … Continue reading...

Charlotte NC Myers Park – FEB 2011 Market Update

Charlotte NC Myers Park - FEB 2011 Market Update Myers Park Charlotte NC is home to one of the most beautiful streets in the country, Queens Road. This beautiful boulevard envelopes you with winding, tree-lined streets, stately, yet charming homes, pocket parks and incredible convenience to Uptown Charlotte NC. Myers Park is noted for being quite the walkable community and features a wonderful cluster of shops and world class restaurants. Myers Park is also home to Charlotte Little Theatre, and the regal, historical Duke Mansion. Walk or bike to so many venues including Dilworth, … Continue reading...

Charlotte Economic Update

So, you think our Charlotte NC economy is a bust? Well, guess again! What's new with Charlotte's economy? MORE business and industry expansion, meaning MORE JOBS! Both individuals and companies alike, are attracted to the thriving Charlotte metro region. Charlotte continues to grow both economically and commercially and has all the advantages of one of the most rapidly growing metro areas in the Nation. Our residents are warm and friendly and many areas still retain that small-town flavor with the conveniences of a 'big city!' Here are a few recent additions to Charlotte's businesses and … Continue reading...

City of Charlotte to Annex 3.8 Square Miles

The City of Charlotte is growing! Charlotte City Council recently approved the annexation of 2,434 acres of unincorparated land in the Charlotte area. This will include approximately 4,100 residents within three unincorporated areas in Mecklenburg County and will be effective June 30. The areas which will be incorporated include: »Rhyne, 289-acres north of Mount Holly-Huntersville Road, to include the Cedar Mill community »Whitehall, 665-acres southwest of the Charlotte, to include sections of the Whitehall and Renaissance Center business parks, the Villas at Laurel and Carrington Place … Continue reading...