A highly anticipated homebuilder report showed confidence among U.S. builders slipping to its lowest level in a year. The National Association of Home Builders-Wells Fargo Housing Market Index, which measures builder sentiment in the market for newly built, single-family homes, ...Read More »
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Foreclosure activity in the Charlotte area market is down significantly across the board. A new RealtyTrac report shows filings for combined default notices, scheduled auctions and bank repossessions were down 10.83 percent in April from the previous month and down ...
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In his first remarks since taking office as director of the Federal Housing Financing Agency, former Charlotte congressman Mel Watt indicated a shift in policy that may make more loan money available to borrowers. As the regulator in charge of ...Read More »
The Kannapolis City Council voted unanimously Monday to approve an incentive package for an Afton Ridge industrial project. Under the proposal, Childress Klein Properties, through its affiliate CK Lakepointe Corporate Center LLC, would construct a 360,000-square-foot speculative industrial building on ...Read More »
The Concord City Council recently granted an appeal by Blue Pure Life LLC of the Planning and Zoning Commission decision to deny the company’s rezoning application. In its request, Blue Pure Life was seeking to alter the zoning from its ...Read More »
Sellers must be feeling confident. A new survey shows 40.3 percent of sellers are contemplating listing their homes above market value, according to a poll conducted by Redfin across 25 markets, including Charlotte. The brokerage polled over one thousand active ...
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The internet has revolutionized real estate, creating both challenges and opportunities for professionals in the industry. Many have thought that new technology would spell the demise of the real estate profession as we know it, but in fact the reverse ...Read More »
It’s definitely home buying season for upscale homes. Just weeks after a Connecticut estate sold for $120 million making it the nation’s most expensive home sale ever, a property in East Hampton, N.Y., has shattered that record, selling for $147 ...Read More »