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Author Archives: Graziella Steele

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Funding sought for affordable housing projects (access required)

A third of the nation’s U.S. senators have sent a letter to Mel Watt, the new head of the Federal Housing Finance Agency and a former U.S. congressman from Charlotte, asking him to use funds from Fannie Mae and Freddie ...

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Columbia professor believes in homeownership, but not mortgage interest deduction (access required)

Columbia professor believes in homeownership, but not mortgage interest deduction <span class="dmcss_key_icon"><img alt="(access required)" src="/files/2013/10/lock1.png" border=0/></span>

Homeownership is still the best vehicle for building wealth and providing a stable retirement. That was the takeaway from a presentation given by national housing economist and Columbia Business School finance professor Christopher Mayer on Jan. 23. Hosted by Charlotte’s ...

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Two Realtors reprimanded (access required)

Two Realtors reprimanded <span class="dmcss_key_icon"><img alt="(access required)" src="/files/2013/10/lock1.png" border=0/></span>

Sheila J. Hudson, a Concord Realtor and broker, has had her license revoked after being caught rifling through medications at a property she was visiting, according to the North Carolina Real Estate Commission. Hudson was one of two Charlotte-area Realtors ...

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Remodeling demand returns (access required)

Remodeling demand returns <span class="dmcss_key_icon"><img alt="(access required)" src="/files/2013/10/lock1.png" border=0/></span>

Home remodeling is back in a big way with business activity nearly at its peak pre-recessionary levels, according to a new national study of the industry. Harvard University’s Joint Center for Housing Study report calculated the fourth-quarter moving total of ...

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Nearly half of residential sales in December were cash only (access required)

Nearly half of residential sales in December were cash only <span class="dmcss_key_icon"><img alt="(access required)" src="/files/2013/10/lock1.png" border=0/></span>

Forty-six percent of all residential sales in the Charlotte-Gastonia-Concord area were all cash in December 2013, according to an analysis by RealtyTrac. The company includes single-family homes, condos and town homes in its residential sales counts. Charlotte Regional Realtor Association ...

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