It may not be a good thing that homeownership rates are increasing among single women.
Wall Street Journal contributor Kate Bolick says owning a home most likely isn't worth the emotional and financial investment:
"Buying offers presumed emotional rewards—but at the cost of immobility, lost investment returns and continuing expenses (taxes, insurance, repairs, maintenance), which, for a $300,000 house, add up to $18,000 a year, or $1,500 a month on top of the mortgage payment.”
By contrast, renting offers more pros than cons: greater mobility, no continuing costs, no maintenance responsibilities and investment returns on money not spent on ownership—which could likely cover rent.
Broadly speaking singles, who represent the biggest demographic shift since the baby boom, might do more than married couples to boost the economy, especially when they rent, therefore live, in cities.
Renting anapartment in Mooresville, NC or in other cities and towns, allows singles, both men and women, more control over their money, and more disposable income, which they can spend in their community which helps the local economy.
As young professionals who are under 30 continue renting in urban areas, they're bringing the sort of purchasing power that communities can only dream of.
If you are considering relocating to the Charlotte area, consider renting anapartment in Mooresville, NC. Mooresville is located approximately 20 miles north of Charlotte and has been nicknamed “Race City, USA” because it is home to more than 60 NASCAR racing teams and their related businesses.
But there is an even better reason to rent in Mooresville: Lake Norman. The Lake Norman area is one of the premier destinations in the Southeast. Mooresville gives you the best of both worlds, proximity to the city while residing right on the water. With professional sports, a nearby international airport and miles of waterfront, locals can make the most of their downtime.
For families, not only are there many things to do, but the area schools have a great reputation and there is also a low crime rate.
From sailing, fishing, and relaxing by the water to playing and dining in Charlotte, Abberly Green in Mooresville has something for every member of the family, contact us.
The saying, “Home, sweet home” doesn't necessarily mean a mortgage payment these days.
Despite historically low home prices, Americans are renting in greater numbers than ever. Nationally, the trend reflects an unstable housing market while many are choosing to rent.
“The housing collapse certainly illustrated that homeownership isn’t always a ‘can’t miss’ investment and entails some disadvantages,” said Jim Lapides, public relations director for the National Multi-Housing Council. “We’re seeing long-term demographics that favor renting.”
The number of U.S. renter households grew by almost 4 million between 2005 and 2010. It is estimated that the number of renter households nationwide will increase by 360,000 to 470,000 annually over the next decade.
The majority no longer believe that a home purchase as a stable investment. That whole mentality has changed. People aren’t anticipating their home’s value will continue to increase like they used to. There’s a case for renting that wasn’t here five years ago.
A significant segment of renters are also young people who want to remain unfettered to a specific area or region.
About 76 million members of the Millennial Generation are entering the housing market primarily as renters.
If it fits your lifestyle, renting anapartment in Mooresville, NC is a good investment. Young people don’t want to be tied down. They’re at the beginning of their lives and they want to avoid the commitment and the cost of homeownership.
For information on renting at Abberly Green Apartment Homes, contact us.
More couples are saving cash by opting to rent rather than buy. The American dream of walking down the wedding aisle and buying the perfect home is becoming a thing of the past. According to Zillow.com, apartment vacancy rates have fallen from 8% in 2009 to just 5.6% at the end of 2011.
Jay and Jessica Masanotti have been married for 5 years. During their first year of marriage they bought a house South Carolina in hopes of following the traditional American Dream, “You get married, buy a house, have kids, that’s the American dream; buying a house was the next step."
They figured the home would be a good investment, but now admit that they didn’t know what they were getting into.
New jobs in the Charlotte area put that newlywed home in an unsettling market. No matter what happens going forward, they will lose money on the house, "We bought it in 2 days and in 6 months, and we got nothing. It’s a great house but we will have to take a hit just to sell it and just to get it out from under us so we don't have that financial burden any longer."
If young couples are thinking about buying a house that they need to be prepared to make a long-term commitment. If buyers cannot commit to settling down in the area they are looking to buy, you’re better off renting. Renting offers flexibility and freedom to walk away and you can call someone else if something breaks or goes wrong.
The Charlotte area is seeing a big uptick in people renting. Rentals is this economic climate offer some big opportunity, “Renting is a way to have what you want right now without having to wait until you can afford it."
For Jessica and Jay, their rental in the Charlotte area has done just that, “It afforded us an opportunity to live in an area where we could never afford to purchase a house."
How should you prepare for your Super Bowl Party? Is there a set way that a Super Bowl Party should hosted? Of course not. But if you are throwing a Super Bowl Party in an apartment in Mooresville, NC we’d like to help.
When you are hosting a Super Bowl Party, there are few things that you may do differently than when you are hosting any other kind of party. ForRent.com does a “great” job at giving the basics of what is expected to host a great Super Bowl Party in your apartment at Abberly Green. Enjoy!
Lake Norman residents and residents of homes and apartments in Mooresville, NC can get a taste of New Orleans while helping their community at the second annual Hope Gala on Jan. 28.
The Hope at the Point Foundation will host “A Taste of New Orleans and All That Jazz” at the Charles Mack Citizen Center starting with cocktails at 6 pm.
In addition to the dancing and feasting, guests will help raise funds for the Mooresville/Lake Norman Christian Mission, Mooresville Soup Kitchen, Healthreach Clinic and the Purple Heart Homes.
“The Hope at the Point Foundation has three types of charities that we typically support, children, community and cancer,” said Bernard Ford, chairman for the Hope Gala and board member for the Hope at the Point Foundation.
Ford said the idea for a New Orleans-style party came to him while listening to the mayor of New Orleans speaking about what it takes to make a community, with the culture, flavors, music and cooking working together to make a diverse city.
The event will be “black tie optional,” with Kellie Patterson from WCNC-TV serving as emcee. Guests will enjoy passed hors d’oeuvres and an upscale catered meal with wine pairings while bidding on live and silent auction items.
All of the food and décor will have the New Orleans flair, so it’ll be a lot of fun. ‘Sign of the Times’ will be the band that performs during the event and they’re very popular in the Charlotte area.
Auction items include a Carolina Panthers football signed by Cam Newton, a balloon ride, large dinner parties cooked in your home, spa packages, a weekend in Asheville, a three hour cruise on a 120-foot yacht and a sea plane ride.
People who have never attended the Gala “are missing out on a great opportunity.”
Tickets for the Hope Gala must be bought in advance. Tables for eight can be purchased at a 10 percent discount. For ticket information, call Marjorie Smith at 704-799-9099 or email msmithbel@gmail.com. To buy tickets online, visit www.hope-point.org.
Now in the middle of January, after the frenzy of the holidays, many of us in our apartments in Mooresville, NC are wondering “what can we do now?”
Here is a list of area activities around Mooresville in the upcoming week:
Jan. 14
Canoe Nature Trip:
Join a ranger at 2 p.m. for a guided canoe tour of Park Lake. People should bring extra clothes and towels. Must be someone 16 or older in each canoe and no more than three adults per canoe. Maximum number of people is 20. Lake Norman State Park, 159 Inland Sea Lane, Troutman.
Mooresville Concerts:
The Cockman Family returns 7:30 p.m. A complimentary "Meet The Artists" reception follows the concert. Tickets $10, students $5, under 10 free. Tickets at Recreation Dept office. Charles Mack Citizen Cente.
Jan. 15
Mammals of the Park:
Join a ranger at 3 p.m. for a power point presentation about the mammals found in Lake Norman State Park. Must register prior to the event date. Lake Norman State Park.
Jan. 17
Organ at Davidson Concert:
Organist Susan Bates kicks off the second of the 2011-2012 Organ at Davidson concert series at 7:30 p.m. A reception follows. Events are free with donations in support of future programs encouraged. Davidson College Presbyterian Church.
Jan. 18
Art Exhibit Opening:
"Recent Gifts and Acquisitions," including a major piece by Polish sculptor Magdalena Abakanowicz. The 7:30 p.m. opening will also showcase "Works on Paper" by Sean Scully, and mark the release of "Davidson Collects: 100 Writers Respond to Art." Professor Van Hilliard and Gallery Director Brad Thomas will speak about the project. The exhibitions are open 10 a.m.-5 p.m. weekdays, and noon-4 p.m. on weekends. Davidson College.
Alder Trail Hike:
Join a ranger at 2 p.m. for a short hike in Lake Norman State Park when the ranger will talk about park activities, history and native wildlife. The program will last one hour. Must register prior to event date. Free. Lake Norman State Park, Troutman.
Ceramics 101:
This Wednesday class is for someone with no prior experience to learn handbuilding, wheel and glazing techniques. Ages teen to adult. 9:30 a.m. The Cornelius Arts Center, Cornelius.
Basic Ceramics for Teens:
This Wednesday course offers a mix of ceramic techniques. Ages 12 - 16. 4:45 p.m. The Cornelius Arts Center, Cornelius.
Jan. 19
Fashion Club for Kids:
6-9 p.m. on the first and third Fridays of the month. Ages 8-15. 6 p.m. $20. Future Fashion Designers, Mooresville.
Speed Networking:
Open to all. 8 a.m. Free. 704-664-3898. www.mooresvillenc.org. Charles Mack Citizen Center, 215 N. Main St., Mooresville. 704-662-3334. www.cmccmooresville.com.
Jan. 20
Business Luncheon:
Guest speaker will be Patrick McCrory. Lunch will be provided. The Business Person, Citizen of the Year, Duke Energy Service, Excellence in Education, Sara Tice Woman in Leadership and Willis Barnette Entrepreneurial Award recipients will all be announced. Open to the public. Reservations: 704-664-3898. 11:30 a.m. Mooresville-South Iredell Chamber of Commerce, 149 E. Iredell Ave., Mooresville. www.mooresvillenc.org.
Jan. 21
TV Modeling Fest 2012 Competition:
Konscious Money Entertainment is now accepting talent applications from aspiring female models who are interested in auditioning for the March 2012 Rip the Runway Model festival that will be filmed for Charlotte Cable TV and Internet Vimeo.com. 1 p.m. 704-218-9645. konsciousmoney.webs.com. Charles Mack Citizen Center, Mooresville.
Many people are told when they are younger that renting is only for college graduates or people who cannot afford to buy. Many parents hammer these ideas into their children and tell them that renting is equivalent to throwing money away every month. Fortunately, today people are beginning to finally think for themselves and challenge these ideas. Here are 4 reasons to pat yourself on the back for deciding to rent anapartment in Mooresville, NC at an HHHunt Community!
1. Renting can save money
At the very minimum you’ll be shelling out PITI for your home. That is:
1. Principal
2. Interest
3. Tax
4. Insurance
The PITI doesn’t include property maintenance like maintaining the yard, paint, plumbing, repairs, decorating, etc… When you rent an apartment in Mooresville at an HHHunt community, the monthly payment is almost always quite a bit less than the PITI in your area and there are no maintenance expenses!
2. Homeowners’ tax deductions are overstated
According to research quoted by MSN, “… half of homeowners don’t get a break, because even with mortgage interest and property taxes, their total deductions do not exceed the standard federal tax deduction ($11,900 for couples and $5,450 for singles)”.
For these folks, it’s like spending $100 to save $20. They’re better off saving the difference and investing it. Even if there is a “break” on your taxes, you typically had to spend more than you would have spent to rent to get back that $20 for every $100 spent in interest payments.
3. Renting gives you flexibility
For the up and coming young professional, you’re better off renting in Mooresville, NC and saving for a few years than to buy a small condo. Who knows how fast you will outgrow it? When you own a home, you can’t always sell it when you need to sell it at the price you want to sell it in order to accept a new employment opportunity. If you have owned a home and don’t want the constant maintenance responsibility, renting gives you the opportunity to enjoy your weekends instead of completing that “to do” list.
4. Our superb service teams!
Most apartment communities offer 24 hour emergency maintenance and technicians who are skilled in HVAC, plumbing, and electrical. At an HHHunt Community, our service teams take great pride in offering prompt and professional service to you. Whether you need a light bulb changed or a new compressor for your AC unit, we are there to take care of you as fast and efficient as possible. We are always a phone call or email away and most service requests are performed on the same day or within 24 hours!
Living in an apartment in Mooresvilleand wondering how to make a difference this New Year? By taking a brisk dip into Lake Norman on New Year’s Day, you will be helping SCAN in its efforts to stop child abuse.
The Fourth Annual Polar Bear Plunge will take place at The Point Lake and Golf Club west of Mooresville at 11 a.m., and founder Bo Watson said he can’t wait to “help out such a great cause.”
Last year the event had over 100 people in attendance and more than $10,000 raised for SCAN.
Watson said. “Everyone has a great time. A lot of interest stems from local middle school and high school students, who think it’s a blast. They’re really the brave ones who splash around in the cold water of Lake Norman, while the adults run in and out pretty quickly.”
The mission of the Exchange SCAN Center is to prevent child abuse, whether by physical violence, inappropriate emotional demands, or the lack of physical and emotional care. SCAN is the sole beneficiary for the Polar Bear Plunge this year.
“The proceeds will help us pay for our parent aide program in the Mooresville area,” said SCAN director Amy Eisele. “This is the program where we visit families who are having difficulties with their children’s behavior. We visit weekly to give assistance with dealing with these behaviors and support as parents are learning these new techniques.”
With T-shirts giveaways and cases of beer from Mecklenburg Brewery for the best costumes and craziest hats, everyone will have a great time. If you’ve never participated, it’s a great way to start the New Year and the jump is really exciting.The event is family appropriate and tons of fun.
Watson said anyone who would like to come, whether they jump in or not, is welcome, as is any denomination donation toward SCAN.
“You’ll be having a great time while supporting a great cause, so come on out and enjoy,” he said.
The Polar Bear Plunge is $50 per adult and $10 per child (teachers and veterans get in free) registration begins at 11am. Music, food and spirits are available to participants.
At 4 p.m., the Polar Bear Party will kick off at Lake Norman Tavern, with live music from the Ethan Hanson Band.
There is lots to do when you live in an apartment in Mooresville, NC. In fact, there are 250,000 lights to look out. All month long visit “Downtown’s Holiday Light Spectacular". There are tons of holiday lights on display and set to music. You can come nightly thru New Year’s.
You can visit Santa, enjoy music, see Christmas Tree Lane, enjoy wagon rides & more!! Activities will take place on Broad & Main Streets.
On December 22, see Movies on Main, enjoy Polar Express with your family and friends at 3pm at the Charles Mack Citizens Center. There is no better holiday movie. This great event is brought to you by the Town of Mooresville.
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It may not be a good thing that homeownership rates are increasing among single women. 
If you are considering relocating to the Charlotte area, consider renting an 
The saying, “Home, sweet home” doesn't necessarily mean a mortgage payment these days.
More couples are saving cash by opting to rent rather than buy. The American dream of walking down the wedding aisle and buying the perfect home is becoming a thing of the past. According to Zillow.com, apartment vacancy rates have fallen from 8% in 2009 to just 5.6% at the end of 2011.
Living in an 
There is lots to do when you live in an 
