Tony Brown Jr., a broker and owner of Realty World Genesis in Charlotte, was found guilty of fraud and must pay three California firefighters $667,350 each, a federal bankruptcy judge has ruled.Read More »
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Free Range Brewery has found a home. The microbrewery has signed a lease for a 5,400-square-foot warehouse site at 2320 North Davidson St. in NoDa across the street from NoDa Brewing and Birdsong Brewing. Free Range will be the fourth brewery to set up shop in NoDa.Read More »
Showcase Realty is growing. Named the 16th fastest growing company in Charlotte by the Charlotte Business Journal in November 2012, the boutique real estate company has hired five new staff members and three new sales agents.Read More »
Some Charlotte homeowners will soon start receiving corrected 2011 property tax evaluations as a county-hired appraiser just completed a first batch of revaluations in Myers Park. The completed revaluations by Pearson’s Appraisal Service of 247 parcels were approved by Mecklenburg County Commissioners on Tuesday.Read More »
Irvine, Calif.-based Cornerstone Core Properties REIT Inc. has purchased three assisted living facilities in North Carolina for a combined price of $15.23 million from Meridian Senior Living LLC, one of the ten largest providers of assisted living communities in the country.Read More »
Charlotte’s foreclosure rate in September decreased by 42.70 percent from the same time last year, according to new data from real estate tracking company RealtyTrac. Nationally, foreclosure activity was down 27 percent year-over-year in September, but increased 2 percent from the previous month.Read More »
While the federal government shutdown is not having a direct impact on Charlotte businesses, it is creating uncertainty in the business community, according to panelists at The Mecklenburg Times Women’s Business Breakfast Forum. “With the shutdown and debate about the debt ceiling, people are waiting to make decisions,” said Natalie Haskins English, senior vice president of public policy for the Charlotte Chamber of Commerce.
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Foreclosure inventory in August was down 34 percent nationally from a year ago, according to CoreLogic, the residential property information, analytics and services provider. CoreLogic’s report, released Tuesday, shows that there were 48,000 completed foreclosures in August compared to 72,000 in August 2012.Read More »
It might be roiling Washington, D.C. and its suburbs, but, so far, the government shutdown is having little effect on Charlotte’s real estate and banking markets.
Tagged with: Atlantic Bay Mortgage Bank of America Charlotte Metro Credit Union Charlotte real estate and banking Charlotte Regional Realtor Association David Stevens Eric Locher government shutdown John Wines Mortgage Bankers Acociation National Association of Homebuilders National Association of Realtors Nicol Morris rick judson Terry FranciscoRead More »