Parkway Atlanta Charlotte Office put in a winning $28 million bid at a public auction Friday for the foreclosed Carmel Crossing, a three-building office park in south Charlotte. Jim Ingram, chief investment officer and executive vice president of Jackson, Miss.-based ...Read More »
Construction and Real Estate
The number of homes sold in the Charlotte region in November fell 25.7 percent from the same month last year, the Charlotte Regional Realtor Association said Wednesday. There were 1,487 closings for the month, down from 2,000 in November 2009. ...
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A foreclosure sale is set for the property that was once home to Midtown Sundries restaurant in Cornelius. The sale of the property at 18665 Harborside Drive is scheduled for 11 a.m. Friday. The mortgage amount is $2.95 million, according to ...Read More »
Renee Robbins loved her home along Belmeade Green Drive in Charlotte when she moved in more than eight years ago. But now, she said it’s a constant headache. Robbins is among homeowners in the Belmeade Green, Moores Chapel, Wildwood and ...Read More »
Mecklenburg County businesses have until Friday to list the true value of their properties with the county assessor’s office. The assessor sent 16,646 bills this week seeking payment of taxes on business properties. Some businesses have failed to list properties ...Read More »
Lately, quite a stink has been raised in Matthews about a biomedical waste incinerator that residents say is causing noxious odors, raising cancer rates and lowering home values. Worries about the Matthews incinerator have caused some who live near the ...Read More »
There were 821 foreclosure filings in Mecklenburg County in November, the fewest number of foreclosure filings recorded in one month since January when there were 802 filings recorded, according to the North Carolina Administrative Office of the Courts. That figure ...Read More »
Sales of foreclosure homes in the Charlotte metro area fell nearly 33 percent in the third quarter of 2010 from the same quarter last year, Irvine, Calif.-based RealtyTrac said Thursday. Foreclosure homes accounted for 16.7 percent of all homes sold ...Read More »
The North Carolina Housing Finance Agency announced Wednesday that a new state foreclosure-prevention fund is available through participating U.S. Department of Housing and Urban Development-approved counseling agencies. Financed by the U.S. Department of the Treasury’s Hardest Hit Fund, the program ...
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A tax deduction for mortgage interest paid by homeowners might be cut from the tax code if a proposal by the bipartisan National Commission on Fiscal Responsibility and Reform is adopted. Since 1913, there has been a mortgage-interest deduction for ...Read More »