Mecklenburg County foreclosure sales decreased more than 22 percent from the third quarter of 2010 to the fourth quarter, Irvine, Calif.-based RealtyTrac said today. There were 359 foreclosure sales in the county between Oct. 1 and Dec. 31, down from ...Read More »
Construction and Real Estate
The number of working households struggling to make rent or mortgage payments in the Charlotte area increased 4 percent between 2008 and 2009, according a Center for Housing Policy “Housing Landscape 2011″ report released today. In the Charlotte-Gastonia-Concord area, 62,542 ...Read More »
Two environmental groups are challenging a permit issued by the North Carolina Department of Environment and Natural Resources for the proposed $800 million Monroe Connector-Bypass east of Charlotte. The North Carolina Wildlife Federation and the Yadkin Riverkeeper said the state ...
Tagged with: Monroe Connector-Bypass North Carolina Department of Environment and Natural Resources North Carolina Turnpike Authority North Carolina Wildlife Federation Southern Environmental Law Center Yadkin RiverkeeperRead More »
A bidding war for two historic mills in Charlotte’s North Davidson Street area is now in its second round after three companies submitted upset bids Monday. Last week, The Community Builders Inc., a Washington, D.C.-based affordable-housing developer, put in a winning bid ...Read More »
Crescent Resources today said it has hired Charlotte real estate attorney Nina Shor to create an in-house legal department for the real estate development company. Shor, who had headed The Shor Law Firm in Charlotte before joining Crescent, will also be the Charlotte-based company’s ...Read More »
Home prices in the Charlotte metropolitan area fell 0.7 percent in December from November and 4.4 percent from a year ago, according to the Standard & Poor’s Case-Shiller Home Price Index released today. Charlotte was one of 18 metropolitan statistical ...
Tagged with: Standard & Poor/Case-Shiller Home Price IndicesRead More »
When Mecklenburg County’s assessor’s office releases its 2011 revaluation of commercial properties in March, apartment owners may be surprised at how little their properties have increased in value since the last revaluation in 2003. Chuck Hicks, the county’s revaluation manager, ...Read More »
It’s anyone’s guess as to what the results of the county’s 2011 revaluation of commercial properties will be. Property owners won’t receive the new values until March. In the meantime, those involved in the revaluation say it’s likely that overall ...Read More »