The recovery of Charlotte’s commercial real estate market might take longer than other major cities. That was the message of one speaker Wednesday during a real estate forecast forum in Charlotte. “Charlotte’s clouds may not clear as quickly as others ...Read More »
Construction and Real Estate
Susan Lindsay remembers when she was a teenager, in the 1950s, how she and her cousins used to “cruise” Independence Boulevard, popping into the mom-and-pop shops along the road. “It was the typical early ‘50s strip development,” said Lindsay, vice ...Read More »
The town of Matthews said it is accepting applications for positions on its planning board, which makes recommendations on zoning cases, proposed subdivisions and land-use plans to the town’s commissioners. The board meets on the fourth Tuesday of every month. ...Read More »
Litton Loan Servicing is among the clients of Caudle Law Firm in Charlotte. But since November or so, Caudle has not been able to take any foreclosure properties to sale for Houston-based Litton, said Tiffany Smith, a paralegal for Caudle. ...Read More »
Charlotte home prices fell 4.3 percent in November from November 2009, according to data released Tuesday by Standard & Poor’s Case-Shiller Home Price Index. The index also showed that Charlotte home prices fell 0.4 percent from October to November. Charlotte was ...
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Charlotte-based Bank of America confirmed today that it halted the issuance of default notices as part of its nationwide moratorium on foreclosures last year, according to a Wall Street Journal story. The bank resumed the foreclosures, and the notices of default, ...
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The Garrison at Graham, a $22 million condo development in Charlotte’s Fourth Ward, has been bought for $8.6 million in a foreclosure sale after failing to make loan payments. Community One Bank, the project’s lender, was the high bidder in the ...Read More »
Jasper Stem always thought Charlotte was recession-proof. But Stem, executive director of the North Carolina Aggregates Association, has seen mining business in the state decline by nearly half since 2006. And Charlotte’s mining industry is no exception. From November 2009 ...Read More »
It was a group of about 20 different people from around Charlotte. Some were unemployed and looking to make some extra money. Others were retired and just looking to pass some time. But as the storage unit door rolled up, ...Read More »