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Author Archives: Graziella Steele

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Mortgage payments took a larger chunk of families’ income in August (access required)

Mortgage payments took a larger chunk of families’ income in August <span class="dmcss_key_icon"><img alt="(access required)" src="/files/2013/10/lock1.png" border=0/></span>

Rising sales prices and interest rates for mortgages made the purchase of a single-family home more expensive in August 2013, according to new research from the National Association of Realtors.

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Free Range Brewery leases warehouse in NoDa (access required)

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.

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Some property owners may soon receive tax refunds (access required)

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.

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Cornerstone Core Properties buys three assisted living facilities in N.C. (access required)

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.

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Charlotte foreclosure rate drops nearly 43% in September from previous year (access required)

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.

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Panelists outline challenges, opportunities for women in business (access required)

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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