The first-mortgage default rate rose for the third consecutive month in October, to 0.96 percent, according to the Standard & Poor’s/Experian Consumer Credit Default Indices. The second-mortgage default rate, however, declined to 0.47 percent. The national composite consumer credit default ...Read More »
ROCK HILL, S.C. – Rock Hill Economic Development Corp. hosted a groundbreaking ceremony on Nov. 18 for a spec building being constructed in Waterford Business Park, at 2853 Dave Lyle Blvd. Cope Construction is the contractor on the 40,000-square-foot building, ...Read More »
The number of construction jobs in North Carolina in October increased 4.2 percent compared with a year ago and 0.6 percent over September, according to the Associated General Contractors of America. The ACGA reported that there were 180,500 construction jobs ...Read More »
Caution among lenders was seen as the biggest barrier to homeowners finding financing for remodeling projects, according to the results of a survey by the National Association of the Remodeling Industry. Thirty-eight percent said financers were being “overly cautious,” according ...
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HUNTERSVILLE – Huntersville-based Irwin Tools is launching the Ultimate Tradesman Contest for the chance to win a new Ford F-150 truck and one of nine monthly prizes worth up to $250. “We are excited to launch a program that will ...Read More »
CHARLOTTE – American Engineering Associates of Charlotte has acquired Engineering Services Inc., a Virginia Beach, Va.-based design and survey company. Financial terms of the agreement weren’t disclosed. American Engineering said its newly expanded staff has experience serving public-sector clients in ...Read More »