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Loan terms upheld in bankruptcy
For would-be homeowners struggling to secure a loan, seller financing can be an alternate route into a new house. Like a rent-to-own contract (and controversial precisely for that reason), the […]
Attorney seeks review of conviction following U.S. Supreme Court decision
A Charlotte attorney is hoping a recent U.S. Supreme Court decision will result in a new trial for his client, an attorney convicted in a housing-bubble mortgage-fraud conspiracy. After the […]
Judge: Mortgage company’s claims against former employees should go to jury
A Charlotte-based mortgage company alleging that one of its officers and several employees stole trade secrets and workers to begin their own venture will be allowed to move forward with […]
Panel: Charlotte commercial real estate market should remain strong
While there are worrisome economic signs that could affect the commercial real estate industry, Charlotte remains a good market for office buildings, hotels and multifamily development, several experts said last […]
Mortgage originations up despite drop in home sales
The Charlotte region is bucking the national trend of declining mortgage originations even though tight inventory has caused local sales to drop over the past several months. The reason might […]
Charlotte slips, but still ranked high for international investment
Charlotte is the 15th most popular U.S. city for international investment, down from seventh but still an impressive ranking, a global research and business expert said Tuesday. “Some of the […]
Court: Lenders do not owe borrowers fiduciary duty
A group of investors who agreed to buy undeveloped coastal lots without consulting appraisals or considering how to finance the purchase cannot hold banks and appraisers responsible for alleged inflated […]
Leaders of foreclosure scam plead guilty to fraud
Two Charlotte residents touting foreclosure-prevention and debt-reduction services have pleaded guilty to conspiring to defraud the U.S. government through the filing of false tax returns. In May, Daniel Heggins and […]
Fewer Americans signed contracts to buy homes in September
WASHINGTON – September marked a slowdown in Americans signing contracts to buy homes, the second consecutive decline for a real estate market that has been rebounding for the first half […]
Share of cash sales declines on home purchases
The share of homes that were bought with cash in the Charlotte area fell 2.7 percentage points in June from a year earlier, according to real estate information and analytics […]
Foreclosures up in region, state
The Charlotte region and North Carolina are seeing an increasing number of homes reverting to bank ownership, and on a much larger scale than seen across the nation. According to […]
Home-loan originations up 21% in Charlotte area
Residential loan originations on single-family homes and condos in the Charlotte area grew 21 percent to 18,474 in the second quarter from 15,314 a year ago, according to recent data […]
Latest News
- Rail Trail Bridge to Connect Uptown to South End over I-277 work begins
- Construction employment rises in 32 states and D.C. with North Carolina adding 13,600 jobs
- ATTOM reports home purchase loans at 12-year low amid rising mortgage rates
- NCDOT unveils six design concepts to reconnect I-77 South corridor in Charlotte
- ATTOM report finds home prices grew in nearly half of opportunity zones
- Foundry Commercial Brings Uptown Charlotte Site to Market
- Construction Employment Rises By 9,000 In April As Nonresidential Hiring Offsets Residential Declines And Average Hourly Pay Rises To $38.73
- Foreclosure activity rises 18 percent annually with Delaware and South Carolina hardest hit
- Homeowners face plumbing and radon as top repair stressors across states
- Averitt Announces New Commitment to Charlotte
- PlayNation to Bring Purpose-Driven Indoor Playground to Eastway Crossing
- Construction Jobs Increase In 33 States And D.C. Between March 2025 And March 2026
Features
- Thomas & Hutton Announces Ryo Yamamoto’s Professional Engineer Licensure in North Carolina
- Thomas & Hutton Grows Charlotte Team With Two New Project Engineers
- City of Charlotte Introduces New Deputy City Manager and New Director of Housing & Neighborhood Services
- JLL strengthens Charlotte capabilities with top Agency Leasing team hire from Foundry Commercial
- Thomas & Hutton Grows Charlotte Team With Two New Team Members
- Nick Schirato Joins Thomas & Hutton As An Environmental Designer In Charlotte
- Foundry Taps Alex Olofson to Lead Capital Markets Growth in Charlotte
- Tony Lathrop Strengthens Parker Poe’s Infrastructure, Transportation & Public Policy Services
- MVA Expands Economic Development & Incentives Group, Appoints Beth Buckner as Head
- Thomas & Hutton Announces Kaylee Neal’s Professional Engineer Licensure In North Carolina
- Thomas & Hutton Announces Sixth-Generation Leadership Transition as Firm Enters 80th Year
- Movement Mortgage welcomes Justin Caplan as East Coast Growth Director
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