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 »
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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 »
The North Carolina Department of Justice is preparing to reach out to about 1,100 people who purchased properties at two coastal North Carolina developments in Carteret and Onslow counties. Noelle Talley, public information officer at the N.C. Department of Justice, said the Consumer Protection Division will be sending letters to the buyers of properties at two communities, Cannonsgate and Summerhouse, to encourage them to file claims if eligible.
Tagged with: Cannonsgate Consumer Protection Division Gary Allen Gov. Mike Easley Mark Dain N.C. Attorney General Roy Cooper Noelle Talley North Carolina Department of Justice R.A. North Development Inc. R.A. North Development Inc. I LLC Randy Allen Ruffin Poole Southeastern Waterfront Marketing Inc. Stephen Smith Summerhouse Total Realty ManagementRead More »
The Connor Group, a real estate investment firm based in Dayton, Ohio, is expanding its holdings in the Charlotte market through the acquisition of its third apartment community, The Retreat at McAlpine Creek, for an undisclosed amount from Professional Accommodator Inc.Read More »
Multi Housing Advisors has brokered the sales of six North Carolina apartment communities in Charlotte and Greensboro for its sellers. Comprising 1,261 units, the properties sold for a combined $34.3 million.
Tagged with: Beacon Eastchase Country Club Apartments Eller Capital Partners Ellington Management Group First Market Properties Hanover Landing Jordan McCarley Marc Robinson Multi Housing Advisors North Land Investment Corp. The Park ApartmentsRead More »
Wells Fargo is giving home buyers in Charlotte $6.6 million in grants for down payments. City home buyers can apply for the $15,000 down-payment assistance grants at a free event being held at the Convention Center on Oct. 25 and 26. The Wells Fargo Neighborhood Lift event is being held in collaboration with the City of Charlotte, Neighborhood Works, and the Charlotte- Mecklenburg Housing Partnership.Read More »
Fifty-four percent of bank-owned homes in the Charlotte-Gastonia-Concord area are owner-occupied, according to a new study by the real estate information and online marketplace company RealtyTrac. In real numbers, that is more than half the 2,328 bank-owned homes.Read More »
Six men have agreed to pay civil penalties to the federal government in order to settle claims they allegedly engaged in mortgage fraud to obtain loans, according to the U. S. Attorney’s Office in the Western District of North Carolina.Read More »