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 »
Construction and Real Estate
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 ...
Tagged with: North Carolina Housing Finance AgencyRead More »
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 »
Charlotte home prices fell 3.7 percent in September from a year ago, according to Standard & Poor’s Case-Shiller home price index. Nationally, home prices are down 1.5 percent over the same period. From August to September, Charlotte home prices dropped ...Read More »
Mooresville-based home-improvement company Lowe’s Cos. Inc. reaffirmed Tuesday its fiscal 2010 earnings projections. During the company’s annual conference in Mooresville, it stuck with the fiscal 2010 forecast it issued Nov. 15. For fiscal 2010, which will end Jan. 28, the ...Read More »
A road that would bypass the congested U.S. Highway 74 eastbound to Monroe sounds like it would mean smooth sailing for motorists. The project will cost between $750 million and $825 million to build and include 20 miles of toll ...
Tagged with: Clean Air Carolina Dean Naujoks Environmental Protection Agency June Blotnick Monroe Connector-Bypass North Carolina Department of Transportation North Carolina Wildlife Federation Reid Simons Southern Environmental Law Center Yadkin Riverkeeper FoundationRead More »
Mecklenburg County has awarded more construction permits for residential and commercial construction, including rehabilitation projects, in November than in the same month last year. As of Saturday, the county had issued 918 permits for projects with a total value of ...Read More »
Charlotte-based LendingTree said average mortgage rates fell this week. Average rates offered by LendingTree network lenders declined to 4.55 percent for 30-year fixed-rate mortgages, 3.95 percent for 15-year fixed-rate mortgages and 3.47 percent for 5/1 adjustable-rate mortgages. On Nov. 23, ...Read More »
At Monday’s City Council meeting, council members will hear public comments on a proposed amendment to the Plaza-Central Pedscape Plan that would reduce the required distance required between bars, nightclubs and lounges and residential zoning districts from 400 feet to 225 ...Read More »