GREENSBORO, N.C. (AP) — Guilford County has two floors of its new $100 million jail closed because of a lack of funding. The News & Record of Greensboro reported that two floors of the eight-story building are closed because of a lack of staff. The jail that opened last year has just over 1,000 beds [...]
Insurance giant MetLife Inc. plans to create 2,600 management, information-technology and other jobs in Charlotte and Cary by the end of 2015, Gov. Pat McCrory's office said Thursday.
A California company that buys single-family homes and coverts them into rental units has recently bought more than 80 houses near Raleigh and more than 50 houses in Charlotte.
Twenty Senate Democrats are co-sponsors of this year's bill, but no Republicans have signed on.
Home prices plunged 19 percent in the 12 months that ended in January 2009. Eventually, they fell by a third overall before bottoming in late 2011.
During last year's housing recovery a question loomed: Where are all the construction jobs? The answer arrived Friday in a government report that showed the best hiring for the U.S. building industry since the peak of the housing boom.
Home-improvement retailer Lowe's Cos., based in Mooresville, said this week that it plans to hire 45,000 seasonal workers ahead of its busy spring season, a sign that the nascent housing recovery is creating jobs.
The market is being held back by the shrinking supply of homes for sale. The inventory of available homes on the market dropped to 1.82 million in December, the lowest in 12 years.
WASHINGTON — The aftermath of the housing bust forced many homebuilders to dramatically scale back construction on new homes to avoid the risk of ending up saddled with a trove of newly built, yet unsold properties. But an improving housing market has homebuilders feeling more confident about sales, and that’s likely to kick the pace [...]
Spending on U.S. construction projects fell in November from October because a steep drop in volatile federal projects offset another gain in homebuilding.