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Dismissal of Duke-Crescent lawsuit ends one chapter of Charlotte’s economic history (access required)

Dismissal of Duke-Crescent lawsuit ends one chapter of Charlotte’s economic history <span class="dmcss_key_icon"><img alt="(access required)" src="/files/2013/10/lock1.png" border=0/></span>

A murky, internecine lawsuit over $1.2 billion involving two formerly synonymous giants of economic development in Charlotte has ended in what appears to be an equally shadowy draw. But the documents filed Tuesday in a Texas court dismissing a 2010 ...

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Mortgage changes debut (access required)

Mortgage changes debut <span class="dmcss_key_icon"><img alt="(access required)" src="/files/2013/10/lock1.png" border=0/></span>

Come Jan. 10, it may become more difficult for homeowners to obtain a mortgage. That’s when a host of new rules come into effect. Most notable among the changes for borrowers will be the ability-to-repay and qualified mortgage rules that ...

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North Carolina homeowners eligible for mortgage assistance under settlement (access required)

North Carolina homeowners eligible for mortgage assistance under settlement <span class="dmcss_key_icon"><img alt="(access required)" src="/files/2013/10/lock1.png" border=0/></span>

RALEIGH – Some North Carolina homeowners will receive a share of a $2. 1 billion national settlement brought against subprime mortgage loan servicer Ocwen Financial Corp., Attorney General Roy Cooper announced recently. An estimated $26 million in funds will help ...

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A capital idea: SEC changes may make it easier to crowdfund real estate (access required)

A capital idea: SEC changes may make it easier to crowdfund real estate <span class="dmcss_key_icon"><img alt="(access required)" src="/files/2013/10/lock1.png" border=0/></span>

Crowdfunding has been used to finance independent films, support aspiring novelists and musicians and launch small businesses. Now new rules under review by the Securities and Exchange Commission may shake up the real estate market by making it easier for ...

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Middle class morass (access required)

Middle class morass <span class="dmcss_key_icon"><img alt="(access required)" src="/files/2013/10/lock1.png" border=0/></span>

While the Charlotte real estate market remains affordable relative to many other U.S. markets, there is growing evidence that many middle class, professional families cannot afford to buy a home.

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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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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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Government shutdown: Impact small so far on Charlotte housing, banking (access required)

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.

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