November marked the fifth consecutive month of year-over-year improvement with an 8 percent increase statewide in existing home sales when compared to the previous year.
Tagged with: North Carolina Association of RealtorsRead More »
First mortgage and bank card default rates rose to 2.17 percent and 4.91 percent in November, up from 2.08 percent and 4.85 percent in October, according to data from S&P Indices and Experian.Read More »
In 2009, about two years after the real estate market started its collapse, a new federal law took effect. The federal Home Valuation Code of Conduct was created to reduce conflicts of interest in the process of appraising homes. Real estate agents and brokers were no longer allowed to order appraisals. Lenders were now in control of doing that, and demand for appraisal-management companies shot up.Read More »
A new year offers a blank slate, an opportunity for a fresh vision and a time to reflect on the accomplishments and struggles of the previous year. As we head into 2012, The Mecklenburg Times wants to know what our real estate industry readers have to say about 2011 and what you expect from the new year.Read More »