RALEIGH — The Republican-controlled House agreed today to try to undo a law that gives counties the chance to raise the tax on land and building transactions and keep the extra revenue. The land transfer tax option — passed by ...Read More »
Construction and Real Estate
Thanks to a computer system shutdown, Mecklenburg County homeowners have more time to appeal their 2011 revaluations. Over the weekend, the county’s servers went down, preventing homeowners from using the Real Estate Lookup system to research property information needed to ...Read More »
Owners of commercial property in Mecklenburg County will get their 2011 revaluation notices later than the assessor’s office first thought. Chuck Hicks, the county’s revaluation manager, had expected to send the notices this week. But Hicks said today that they ...Read More »
Charlotte-area home sales and prices fell in February from the same month a year ago, the Charlotte Regional Realtor Association said today. Sales fell 4.9 percent to 1,329 from 1,397, while the average sales price dropped 5.9 percent over the same period, to $180,036 from $191,288. But the ...Read More »
RALEIGH — The state House has taken the first step to repeal a 2007 law that gave North Carolina counties the chance to raise the local tax on land and home sales, something that’s never been approved by county voters. ...Read More »
Nucor Corp. said it started construction this week on a $750 million iron-making plant in Louisiana. The plant is being built in St. James Parish, just outside New Orleans. The Charlotte-based manufacturer of steel products said it will build one plant initially, ...
Tagged with: Nucor CorpRead More »
Bank of America said it plans to expand its outreach programs to help struggling homeowners in 2011. To lead the effort, the Charlotte company said it has named Rebecca Mairone as national mortgage outreach executive. Her duties will include managing and growing ...
Tagged with: Bank of AmericaRead More »
John Woodward entered the building industry eight years ago when Charlotte’s population was booming. Seduced by the influx of residents, Woodward became a licensed contractor and started a small residential construction company, Woodward Builders, in Charlotte. “There was construction on ...Read More »
Kay Killian, an assistant district attorney in Lincoln County, first became interested in protecting it from future development in the mid-1990s when she served on the Catawba Lands Conservancy’s board of directors. As an only child in a family that ...Read More »
Colonial Properties Trust said it has purchased the Colonial Grand apartment complex in Cornelius for $23.4 million. In a press release, the Birmingham, Ala., real estate investment trust said the 236-unit Class A apartment community is in the “high-end submarket of Cornelius near Lake ...Read More »