No Time Like The Future – Real Estate in 2030 Holiday Blog Swap

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Posted By Residential Properties on December 15th, 2011

Real Estate Blog Swap

Helen Adams Realty and Residential Properties are members of The Active Enterprise Network, a union of privately-held real estate companies across the country that share information and strategy as well as a unified technology platform.

No Time Like The Future

It’s time to hop into the DeLorean and take a cruise into the future – to the year 2030. As Christopher Lloyd’s character Doc, in the Back to the Future trilogy so elegantly expressed, “that this point in time inherently contains some sort of cosmic significance. Almost as if it were the temporal junction point for the entire space-time continuum. On the other hand, it could just be an amazing coincidence.”

Back To The Future

There could be a touch of foreshadowing in the Doc’s quote. This is a pivotal moment in time for technology. The Post-PC Era has begun, which could have a significant impact on the future of real estate.

There are 3 technology shifts that are developing right now that are reshaping the industry.

1: Mobile:
There’s no doubt that the explosion of mobile has impacted most industries and real estate is no exception! ComScore reports that 82.2 million people now own smartphones and that number is growing everyday. It’s safe to say that all phones will soon be “smart.”

2: Cloud Computing:
According to the Wav Group study, “The Shift in Real Estate Technology,” technology is the new hub that businesses are built around. Cloud computing will help enable and power that hub allowing Realtors® to work remotely and better serve consumers with valuable data at their fingertips.

3: HTML5
HTML5 will be the future of real estate websites and applications permitting consumers to access technology across all devices and screen resolutions.

With mobile and cloud computing still in its infancy and standards still being finalized with HTML5, these technologies will shape brokerages for the coming years. But what will the real estate industry look like even further down the road in 2030?

Not only will technology change but the style of homes will change as well. “The biggest thing that is expected to change in future single-family homes is the size.” Erika Riggs, Zillow, wrote in “A Look Ahead at New Homes of 2015.” Many of these changes reflect a desire for builders and consumers going green. Smaller space means more efficient heating and cooling.

Space and communities will be an essential focal point. Real Estate agents will use mobile technology to work in the field and become experts in not only managing the transaction but educating buyers and sellers on green technologies, the community, schools, life style, architecture and more!
Now let’s head back to reality. As Marty McFly declared, “Time circuits on. Flux Capacitor… fluxxing. Engine running. All right!”


By Tom Flanagan, Technology Director at Residential Properties, serving Rhode Island Real Estate, a proud participant of the Holiday Blog Swap, presented by The Active Enterprise Network.
Twitter:@tflan
Facebook: http://www.facebook.com/tflan
Google+: G+
Inman News: Syndicated Technology Columnist at Inman

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More article on Real Estate in 2030 found here: Smith & Associates, Helen Adams Realty, Murney Associates, Windermere Tri Cities, Reinhart Realtors, The Group, inc., Hasson Company, McEnearney Associates, N.T. Callaway, and LandVest.

Helen Adams Realty Prepares for Real Estate in 2030

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Posted By Helen Adams Realty on December 14th, 2011

PRESS RELEASE

Charlotte, NC – As a member of The Active Enterprise Network, a union of privately-held real estate companies across the country that share information and strategy as well as a unified technology platform, Helen Adams Realty will be participating in the network-wide Holiday Blog Swap that aims to answer the question: what will real estate look like in the year 2030?

Alongside 16 other influential brokerages, Helen Adams Realty will be swapping blogs for a day in order to educate consumers and real estate professionals on the future of real estate. Sharing their perspective on what the brokerage, agent and customer will look like in 20 years, Helen Adams Realty intends to bring awareness to current market trends impacting the industry, how technology is influencing these trends and what brokerages can do today to prepare for tomorrow.

Scheduled to kick off on Thursday morning, December 15, 2011, Helen Adams Realty will be featured on the Windermere Tri-Cities Real Estate blog and providing a detailed account of “Real Estate in 2030”. As the year comes to an end, this national discussion is an excellent way to gain perspective and learn from some of the brightest minds in real estate.

“The Holiday Blog Swap is a great opportunity for innovative thinkers to come together and share valuable insight on the ever-changing Real Estate Industry. By participating in this event, not only is Helen Adams Realty gaining exposure to new audiences, but they’re establishing themselves as the voice of the industry and positioning their brand for continued success and further growth for years to come,” states Ido Zucker, Managing Partner at Active Website.

The Holiday Blog Swap kicks off Real Estate Now!, a network-wide series that takes a real estate-related topic and creates a conversation around it each quarter in 2012. On the same day, participating members share their viewpoint on their blog in hopes of engaging with others in the real estate community on important issues facing the industry.

Network members participating in the swap include: Charles Reinhart Company Realtors, Danberry Realtors, The Group, Inc., The Hasson Company, Helen Adams Realty, Kentwood Real Estate LandVest, Inc.,McEnearney Associates Inc, Realtors, McGuire Real Estate, Milestone Realty Consultants, Murney Associates, N.T. Callaway Real Estate Brokers, LLC, Residential Properties Ltd., Skogman Realty, Smith & Associates Real Estate, Windermere Tri-Cities Real Estate, and Wright Kingdom Real Estate.

Readers are encouraged to leave a comment on the Helen Adams Blog or join the discussion on Twitter using the hashtags #ENBlogSwap and #RE2030.

About The Active Enterprise Network

The Active Enterprise Network member base is by invitation only. Comprised solely of private real estate firms, The Enterprise Network does not accept national brands and only works with one company per marketplace. This exclusivity allows for open collaboration and sharing of information within The Enterprise Network, free from any conflict of interest. The goal for members under The Enterprise Network umbrella is to address the technology demands that are emerging in today’s changing real estate market. Together, Enterprise Network members can make the best decisions concerning implementation of systems and solutions, ultimately leveraging everyone to higher levels of business.

2336 Kingsbury Dr

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Posted By Helen Adams Realty on December 14th, 2011

Front View

Located in Chantilly neighborhood (http://www.ichantilly.org/) , at 2336 Kingsbury Dr, this home is an incredible location just minutes from Uptown Charlotte.  Chantilly is home to beautiful tree lined streets and is situated directly between Historic Elizabeth and the funky culture of Midwood.  Streets are adorned with joggers and dog walkers alike.

Every upgrade has been made in this meticulously maintained Chantilly home.  This wonderful home has two spacious bedrooms and one full bath.  The living room is inviting and large and full of natural sunlight.  Everyone will love cooking in this kitchen with top of the line appliances that has been updated to a T.  The glazed concrete countertops and slate backsplash are edgy and classic all at the same time.  You won’t miss a minute of the action as it opens up directly into the living room. 

Without a doubt, your favorite part of this home will be the newly added screened in porch.  The detail of bead board ceiling, surround sound and outdoor fan are unmatched at this price point.  Enjoy your morning coffee or relaxing with a glass of wine at the end of your day.  This porch truly is unmatched in privacy and functionality. 

This home is updated and totally move-in-ready!  Don’t miss this opportunity to own a home in the heart of everything for under $200,000.  You will also want to check out the Chantilly park or the countless restaurants and bars that make this area so desirable. 

Features of 2336 Kingsbury Drive:

Exterior Upgrades:

New roof in 2010

New Hot water heater

12×12 covered and screened porch includes detailed bead board ceiling, surround sound and fan

8×12 open porch perfect for grilling!

Interior:

Open floor plan with large living room, a great place to entertain!

Fresh paint throughout

Updated Kitchen:

                Top of the line Stainless Steel appliances

                Glazed concrete counter tops

                Slate backsplash

                New Sink

Surround sound throughout

Gorgeous Hardwood floors

Crown molding and chair rail in dining room

2” blinds throughout

Updated fixtures

CRRA President’s Letter: Moving Down the Highway

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Posted By Helen Adams Realty on December 7th, 2011

Laurie Knudsen

Helen Adams’ own Laurie Knudsen has been the president of the Charlotte Regional Realtors Association for the past year.  These are her final remarks as she passes along this role in 2012:

Over the past year, our association has been like the driver of a car in tough conditions. The weather hasn’t been good, but we’ve stayed focused on the road and the task at hand.

Given the economy, I thought we would do well in 2011 if we could just hold the car (association!) on the road. Thanks to association leadership from both members and staff, we have done much more. We’ve actually progressed down the road.

And most importantly, the reason we exist — to serve the membership — has remained strong.

As I move into the role of past president and Jennifer Frontera takes over as president in January, I want to recap a few of our highlights from 2011.

  • Membership: Because of the economy, we forecast that we might lose 10 percent of our membership this year from where we ended 2010. Fortunately, our attrition has not been that bad. Through Oct. 26, we had lost approximately 950 members (Realtors® and affiliates), but we have gained 447 members. Our overall membership as of late October was 6,328.
  • Programming: Our education and events have remained strong. Bringing in Dr. Lawrence Yun, NAR’s chief economist, on Nov. 1, is a good example. We also had a record number of vendors, 157, at the Candidate Fish Fry Sept. 22.
  • Mingle School: We’ve done some reorganization and marketing to make Mingle School classes more attractive and visible. A Mingle School task force headed by Elaine Price did a great job in helping us think through these improvements.
  • CMLS: We’ve made some significant changes to CMLS this year, improving functions based on member input. We upgraded the Realist tax system, added a new password security system and pushed an automated valuation tool, “ValueMap,” that members can put on their websites for consumers to obtain property valuations.

In the first quarter of 2012, the MLS will become “browser independent.” That is, it will work with Safari, Firefox, Internet Explorer (what we’ve had) and other browsers.

We are also continuing to look at CMLS for overall improvements. Jennifer Frontera is heading up the effort, titled the TEMPO Statuses and IDX Task Force.

  • Our Property: The biggest physical change we’ve made is demolishing the office building we owned at the corner of Greenwood Cliff and Kenilworth Avenue, near our headquarters in midtown. Removing the building changed the whole landscape, opening up better marketing possibilities for the land — which was the reason we bought the property in the first place. We own over five contiguous acres counting that site.

As our CEO Anne Marie Howard outlined in her September/October Executive Report, we took down the building and gave the city a small amount of land in exchange for significant road improvements on Kenilworth (a turn lane!) and a road directly into our property (an extension of Pearl Street Way).

In looking at the future, Joe Rempson is chairing a task force that will report next year on what it sees as the highest and best use of our property.

These highlights are only a few important stops on our journey in 2011, which, by the way, has gone extremely fast for me. In fact, it’s gone so quickly that I can hardly believe it.

I’m thrilled that Jennifer will be our president next year. She brings so much experience, especially with technology. Not only has she been on the search committee for our last two MLS systems, but she has also served on both the CMLS and association boards.

I have thoroughly enjoyed the privilege of being your president this year. Though resale, foreclosure and short-sale inventory declines are perking up the market as I write this in late October, we’ll likely have a challenging market for some time. But based on 2011, I’m betting we will not only keep the association “car” out of the ditch, we’ll also keep it moving down the highway.

Land and Home for Sale in Weddington, NC 3410, Antich Church Road

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Posted By Helen Adams Realty on November 9th, 2011

Jody Munn

A Quarter Mile Winding Drive Opens Up To A Welcoming 14 Acres Of Tranquility And Endless Possibilities. Luscious, Well Maintained Grounds Over Look A Fully Stocked Pond. There Are Over 50 Varieties Of Day Lilies, Fruit Trees, Blueberry Bushes And Numerous Crepe Myrtles. In This Home, You Will Find A Beautiful View Out Of Every Window. Large Decks Surround This Home Capturing The Essence Of Outdoor Entertaining. This Expansive Home Boasts Of Many Unique Features To Include A Remote Operated Security Gate, Home Water Conditioning System With Reverse Osmosis Water Purification In The Kitchen. Hardwoods throughout Main Floor. Four Separate HVAC Systems For Customized Comfort: Master, Main, Upper Level And Basement. Fully Insulated Walkout Basement To Include Separate Living Quarters, Fireplace And Workshop.

This custom home is located on 34 acres and is currently being sold on 14 acres for $1,175,000. However the sellers are flexible as to the amount of land that is purchased with the home. The home can be purchased on a minimum of 2 acres and up to 34 acres. The property is currently zoned RCD. Horses are welcome. Owner financing is available. Please visit www.3410antioch.com for more details.

School Information:

Antioch Elementary

Wedington Middle

Weddington High

Charlotte Real Estate Outlook

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Posted By Helen Adams Realty on November 7th, 2011

Dr. Yun

Last week, Dr. Yun presented a real estate forecast to approximately 300 members of the Charlotte Association of Realtors at the Marriott Hotel.  Yun was generally optimistic about the real estate market and the economic outlook of our country. He arrives at this optimism by reviewing past trends and applying them to the future.  He believes Charlotte and North Carolina are well positioned to outperform the rest of the country due to our favorable weather, disciplined government budget process and accountability to its citizens, and  our state’s approach to free enterprise through the absence of unions; positions which are reinforced by the fact that most of our state’s in-migration is derived from New York, California and Michigan; all of which are states whose cost of doing business exceeds North Carolina’s due to their high rates of tax, high cost of labor and excessive state and local regulation.  His presentation is below:

Helen Adams in the News!

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Posted By Helen Adams Realty on November 2nd, 2011

Helen Adams Realty and their very own Lauren Ponder (LP) were featured in a story on News 14 called “Charlotte Mecklenburg housing market shows signs of healing”.  To view a video of the report, please click here or click the screen shot below.

LP on News 14

The Story:

CHARLOTTE — The Charlotte and Mecklenburg County housing market is healing. That’s what National Association of Realtors Chief Economist Lawrence Yun said during a conference Tuesday morning.

Yun says sales have increased for two straight years and inventory is falling. He says that’s a good indicator that the housing market is finding an equilibrium.

“By this time next year, provided there is a continuing job addition in the economy, the housing market is set to return to healthy status,” said Yun.

Dr. Yun says that improvement could be derailed if two things happen.

First, he says new home construction needs to improve. He says current building is at a stand still because banks aren’t lending to builders. He says the new home inventory is at a 40 year low. He says the lack of inventory could cause a housing shortage and prices to spike.

Second, Yun says Washington lawmakers are considering a proposal to raise required down payments for some home buyers to 20 percent. He says the proposal is intended to avoid another housing bubble. Yun says the legislation could stall or damage the housing market.

National Economist states “The Charlotte and Mecklenburg County housing market is healing”

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Posted By Scott Farrell on November 2nd, 2011

Charlotte hosted a conference featuring  the National Association of Realtors Chief Economist Lawrence Yun.  Dr Yun said during a conference Tuesday morning at the Marriott that our housing market is healing.  As part of a Channel 14 news feature Helen Adams Realty’s Lauren Ponder mentions the changing buyer sentiment and increased sense of urgency as mortgage rates begin to rise and the inventory of homes declines.

Lauren Ponder of Helen Adams Realty Charlotte NC

Lauren Ponder

Dr. Yun stated that sales have increased for two straight years and inventory is falling. He says that’s a good indicator that the housing market is finding an equilibrium. “By this time next year, provided there is a continuing job addition in the economy, the housing market is set to return to healthy status,” said Yun.

Dr. Yun says that improvement could be derailed if two things happen. First, he says new home construction needs to improve. He says current building is at a stand still because banks aren’t lending to builders. He says the new home inventory is at a 40 year low. He says the lack of inventory could cause a housing shortage and prices to spike.  Second, Yun says Washington lawmakers are considering a proposal to raise required down payments for some home buyers to 20 percent. He says the proposal is intended to avoid another housing bubble. Yun says the legislation could stall or damage the housing market.

Please visit the Channel 14 website to see the full coverage of this story.

Video includes Helen Adams Realty’s Lauren Ponder working with a buyer.

Real Estate Showing Trends

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Posted By Helen Adams Realty on October 26th, 2011

CSS, North Carolina’s Centralized Showing Service, has released statistics for 2011.  The first chart shows a 3-year history of showings, and the second compares the number of properties shown from 2008-2011.

3 year History of Helen Adams Showings

As you can see, showings have increased about 13% since last year!

12 Month Trends


Demand is up; supply is down… damn the politicians (I mean torpedoes) and full speed ahead!

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Posted By Jeff Adams on September 13th, 2011

Good Afternoon Everyone,

In the past two years the Charlotte Regional Realtor Association MLS area has seen the number of new listings decrease 21%, and the number of homes under contract increase 12.7%.The decrease in new listings and the increase in sales has caused the months of supply of inventory of homes to drop to 7.3 months of supply today from 12.1 months of supply of inventory two years ago. Please reference the related charts attached above.

A six month supply of inventory has historically been considered a balanced market. As our supply of homes for sale on the market approach this six month level we are beginning to see home prices firm up. And in the meantime, as we can see from the units under contract chart, demand for buying homes has continued to steadily increase over the past three years.

Attached above is the 3 year history of showings of our company’s listings. The number of showings of our listings has increased steadily. For August 2011 our listings were shown 629 times vs. 427 showings in August 2010 vs. 464 showings in 2009 (when the first artificial stimulus, first-time, home buyer credit was offered).

For the 12 months ending August 31, 2011 our showing traffic is up 15.6% from the period September 1, 2009 thru August 31, 2010. An increase in our showing traffic is a good predictor and indication that our sales for September will increase as well.

Despite the August debt crisis and despite the August downgrading of America’s credit worthiness, the American people, or at least those in Charlotte, were out shopping for houses in August in ever increasing numbers….a trend which has continued almost every month for the past 3 years! Uncertainty about the future of the national economy, it seems, does not mean that home buyers in Charlotte can’t recognize a good opportunity to buy when they see one.

Please take a moment to glance at the newspaper articles from the Charlotte Observer and Wall Street Journal. The Observer quotes Standard and Poor’s David Blitzer as saying, “This month’s report showed mixed signals….which suggest that we are back to regional housing markets, rather than a national housing market where everything rose and fell together.” Take this thinking a step further and consider the 13 zip codes our company primarily operates in and you can easily see that these zip codes have outperformed our entire MLS area.

The Case Schiller graph shown in the Wall Street Journal article shows the trend line of home prices of the 20 largest cities/MSAs from January, 2003 through June, 2010. Charlotte’s price trend line has one of the smallest bubbles, and our price change from the peak to the trough ranks us as the 4th best market among these 20 cities. Home buyers in Charlotte understand this.

Happy selling and listing,

Jeff