WASHINGTON (AP) — U.S. home rental prices climbed much faster than incomes in June. But there are signs of slowing momentum around major job hubs such as New York, Los Angeles and Washington. Real estate data firm Zillow said Thursday ...Read More »
CHARLOTTE — The percentage of seriously underwater homes in the metro area remains well below the national average, according to an analysis by RealtyTrac. Some 7.7 percent of mortgaged homes in the Charlotte-Concord-Gastonia region had a loan-to-value ratio of 125 ...
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North Carolina ranked 10th in the nation last month for annual percentage gains in construction employment, according to the Associated General Contractors of America. The sector added 11,900 jobs between June 2014 and June 2015 to reach 190,400 construction jobs ...
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As a general rule in North Carolina, lenders typically do not owe a fiduciary duty to borrowers. But the state Court of Appeals has noted an exception to that rule in a case involving a lender that also served as ...Read More »
CHARLOTTE – The City Council unanimously approved several rezoning petitions Monday, paving the way for mixed-use projects in NoDa and other prime spots near uptown and further south. Council members granted deferrals on other requests, and listened to concerns from ...Read More »
A recent North Carolina Court of Appeals decision has further confirmed and clarified that cities and towns in the state cannot require residential developers to pay fees for any sort of public improvements as a condition of project approval. The ...Read More »