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Old North News

Wednesday, November 6, 2024

News from July 2021

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North Carolina ranked 24th in home vacancy rate in Q2 2021

By Old North News | Jul 1, 2021

North Carolina's home vacancy rate was 24th in the U.S., with a home vacancy rate of 0.8 percent in the second quarter, according to the U.S. Census Bureau.

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North Carolina's income tax revenue up 57.8 percent in year since Q2 2020

By Old North News | Jul 1, 2021

North Carolina collected $5.2 billion in individual income taxes during the second quarter of 2021, a 57.8 percent increase over the same period the previous year, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.

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Q2 2021 brings $32 million in miscellaneous tax revenue to North Carolina

By Old North News | Jul 1, 2021

North Carolina's miscellaneous tax revenue reached $32 million in the second quarter of 2021, an increase of 10.3% compared to the previous quarter.

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Asheville nonfarm payroll employees decrease by 0.5% since June 2021

By Old North News | Jul 1, 2021

The number of employees on nonfarm payrolls for July 2021 in the Asheville metropolitan statistical area was 185,000, a 0.5 percent decrease from the previous month, according to the U.S. Bureau of Labor Statistics.

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North Carolina receives $950.1 million in VA Interest Rate Reduction Refinance Loans during Q1

By Old North News | Jul 1, 2021

The VA issued 4,204 Interest Rate Reduction Refinance Loans in North Carolina during the first quarter of fiscal year 2022, according to the Veterans Affairs Home Loans Index.

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199 Chestnut Drive, Concord purchased by Fu Pu

By Old North News | Jul 1, 2021

On July 1, Fu Pu purchased a home at 199 Chestnut Drive, Concord from Atrium Home Buyers LLC and Dominique O'Brian Bellamy for $23,000.

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421 W. Tremont Ave., Charlotte purchased by Rrpv 421 West Tremont LP

By Old North News | Jul 1, 2021

On July 1, Rrpv 421 West Tremont LP purchased a property at 421 W. Tremont Ave., Charlotte from Tremont Associates LLC for $10,332,500.

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North Carolina collected 20.8% less in corporate net income taxes in 2020

By Old North News | Jul 1, 2021

Of the $28.3 billion in taxes collected by North Carolina in 2020, $662.3 million came from corporations net income taxes, a 20.8 percent decrease from the previous year, according to the U.S. Census Bureau’s Annual Survey of State Government Tax Collections (STC).

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455 Spring St., Concord unloaded by Pwjw LLC

By Old North News | Jul 1, 2021

On July 1, Pwjw LLC sold their property at 455 Spring St., Concord to Ptnrp Spring Concord LP for $2,400,000.

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Kimberly Dustin and Meghann Belk Dustin and Meghann Murray unload 3022 Belk Mill Road, Wingate

By Old North News | Jul 1, 2021

The three bedroom, one bathroom home at 3022 Belk Mill Road, Wingate was sold on July 1 by Kimberly Dustin and Meghann Belk Dustin and Meghann Murray for $220,000. The buyers were Annette Ramirez Llanos and Philip Matthew Wright.

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Q2: VA home loan in North Carolina averages $249,725

By Old North News | Jul 1, 2021

The average VA loan amount in North Carolina during the second quarter of the fiscal year 2021 was $249,725, according to the Veterans Affairs Home Loans Index.

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Hawthorne at Whitehall Apartments LLC acquires 2823 W. Arrowood Road, Charlotte for $7.56M

By Old North News | Jul 1, 2021

On July 1, Yfp Timber LLC sold their property at 2823 W. Arrowood Road, Charlotte to Hawthorne at Whitehall Apartments LLC for $7,560,000.

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46 people die in North Carolina from heart disease in week ending May 8

By Old North News | Jul 1, 2021

There were 46 deaths with heart disease listed as the underlying cause reported in North Carolina during the week ending May 8, a 23.3 percent decrease from the previous week.

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Sarah Jane Stewart and Saverio Montecalvo II unload 116 Smith St., Wingate

By Old North News | Jul 1, 2021

On July 1, Charles Yevod and Ethel Cheyenne Crowders purchased a home at 116 Smith St., Wingate from Sarah Jane Stewart and Saverio Montecalvo II for $280,000.

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Milton Leonel Cardona and Casey Joan Cardona Portillo and Casey J. Cardona unload 225 Atkinson Drive, Charlotte

By Old North News | Jul 1, 2021

The three bedroom, one bathroom home at 225 Atkinson Drive, Charlotte was sold on July 1 by Milton Leonel Cardona and Casey Joan Cardona Portillo and Casey J. Cardona for $280,000. The buyer was Inmer Adonis Duran Batres.

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Seldan Investments LLC and Kitrick-Seldan Investments LLC sell 3905 Freedom Drive, Charlotte

By Old North News | Jul 1, 2021

The two bedroom, one bathroom home at 3905 Freedom Drive, Charlotte was sold on July 1 by Seldan Investments LLC and Kitrick-Seldan Investments LLC for $185,000. The buyer was Mab Rentals LLC.

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60 Todd Drive, Concord acquired by Kia White

By Old North News | Jul 1, 2021

The two bedroom, one bathroom home at 60 Todd Drive, Concord was sold on July 1 by Marvin King Jr. for $180,000. The buyer was Kia White.

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Total non-farm payroll employees in North Carolina increases by 0.4% in June 2021

By Old North News | Jul 1, 2021

North Carolina reported the number of employees on non-farm payrolls for the month of June 2021 was 186,000, according to a U.S. Bureau of Labor Statistics report.

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Asheville sees 186,000 nonfarm payroll employees in June

By Old North News | Jul 1, 2021

The number of employees on nonfarm payrolls for June in North Carolina's Asheville metropolitan statistical area was 186,000, according to the U.S. Bureau of Labor Statistics.

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Carsen Rae and Carson Rae Helms, Nathanael R. of Helms (estate), Sam of Helms (estate) and Admr Helms Sterlin Wade acquire 473 Clontz Long Road, Fairview

By Old North News | Jul 1, 2021

On July 1, Carsen Rae and Carson Rae Helms, Nathanael R. of Helms (estate), Sam of Helms (estate) and Admr Helms Sterlin Wade sold their home at 473 Clontz Long Road, Fairview to April L. and Juan C. Palacios for $645,000.