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 ...Read More »
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.
Tagged with: Charlotte-Mecklenburg Housing Partnership Cottingham Chalk Hayes Dustin Read Julie Porter Keith Thompson Lawrence Yun Mayor Patsy Kinsey National Association of Home Builders Prudential Carolinas Realty UNC Charlotte Wells Fargo ZillowRead More »
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.Read More »
SunTrust Banks Inc. said Thursday that it agreed to cash payments and consumer relief totaling more than $1 billion to settle claims over its handling of government-backed mortgages.Read More »
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.Read More »
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.Read More »
A new Homeowner's Bill of Rights, SB 321, aims to eliminate the runaround some homeowners got from banks by requiring lenders to assign homeowners a single person to contact. It bans dual-tracking, in which a bank pursues a foreclosure at the same time a homeowner is working on a short sale. And it eliminates "arm's length" rules, in which banks barred people from buying distressed properties from their relatives or other close associates.Read More »