U.S. homebuilders grew more confident in the housing recovery in August, as many reported that prospects for sales are the best they’ve been since the home bubble burst five years ago.
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A thirty-four-acre property on Carmel Road will become residential multifamily if the City Council follows the committee’s recommendation. That change would allow the developer, Faison-Hollow, to tear down the midpriced apartment complex and build 390 upscale units.Read More »
The uptick in homebuilding activity comes as some homebuilders say Mecklenburg County’s code enforcement department is taking longer than builders would like to inspect projects and approve plans. Builders say the waits are costing them money.Read More »
Home construction is making a long-awaited recovery that could help energize the U.S. economy. Builders are responding to interest from buyers attracted by cut-rate prices, record-low mortgage rates and rising rents, which have made a home purchase comparatively appealing.
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For the Democratic National Convention Committee, being given the keys to Time Warner Cable Arena this week is a bit like being entrusted with the keys to a parent’s car. The goal is to return it without a scratch.Read More »
As part of the U.S. government’s two-year education campaign, which began in April, to reduce deaths and injuries from falls on construction jobs, every construction-related death from falling is noted to followers with a tweet.Read More »
GCI is looking to build about 250 apartments on the site next to Providence Pointe and has asked the city to rezone the property from “MX-2 mixed-use” to “UR-2 urban residential conditional” so the company can get started on its project. Opponents, though, say they are worried about, among other things, the project bringing more traffic to the area.Read More »
A surge in homebuilding pushed U.S. construction spending up by the largest amount in five months, the latest indication that the housing sector is slowly recovering.Read More »
Americans are finally gaining confidence in the housing market five years after it collapsed. Sales of new and previously occupied homes are up from the same time last year. Home prices are rising in most markets. And homebuilders are starting more projects.Read More »