Mecklenburg County foreclosure filings declined by more than half in October compared with a year ago, according to the North Carolina Administrative Office of the Courts. The office reported 519 foreclosure filings in October, down nearly 57 percent from the 1,198 ...Read More »
East Lincoln Park on Optimist Club Road in Lincolnton will be getting some improvements soon and Charlotte-based Econ International Corp. will be handling the project. Econ won the project after submitting a low base bid of $73,334. The base bid ...Read More »
Terry McDonald’s got a problem with what Case-Shiller says about the Charlotte-area real estate market. Lives in: Southpark Age: 54 Family: wife, Judy Education: bachelor’s degree in business administration from the University of Maryland’s Robert H. Smith School of Business ...
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WASHINGTON — Government-controlled mortgage giant Freddie Mac has requested $6 billion in additional aid after posting a wider loss in the third quarter. Freddie Mac said Thursday that it lost $6 billion, or $1.86 per share, in the July-September quarter. ...Read More »
When Rob Nixon and business partner Andy Wilson bought a rundown former church at 1212 Pecan Ave. in Charlotte in March 2007 for $650,000 from Russ-Mar Properties, Nixon said he felt like Christopher Columbus. “I had my flag in the ...Read More »
Carolina Beverage Co. will get from $77,600 to $155,200 over a five-year period to expand its Mooresville production facility in an $8 million project. Iredell County’s Board of Commissioners approved the economic development incentives package last week for the company. ...Read More »
As the construction industry’s unemployment rate hit 13.7 percent, the sector lost 20,000 jobs from September to October, the Associated General Contractors of America said late last week. The losses stemmed from continued declines in the public sector, the Arlington, ...Read More »
A new Clear Capital report gives a poor assessment of the Charlotte-Gastonia-Concord housing market. On Thursday, the Truckee, Calif.-based company released its Home Data Index Market Report, which ranked the Charlotte metro area 12th among 15 low-performing markets. Home prices ...
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