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.
Construction companies saw job opportunities vanish Monday night when the Charlotte City Council rejected a $926 million capital investment plan after failing to reach an agreement on the plan's size.
Builder confidence in the market for newly built, single-family homes is at its highest level since the housing market collapse, according to the National Association of Home Builders/Wells Fargo Housing Market Index.
The following requests won unanimous support from the council during the last zoning meeting of the Charlotte City Council.
If you blink while driving by a Peak 10 data center, you’re apt to miss it. In 10 Southeastern and Midwestern cities, all 23 of them are nondescript, boxy, re-enforced concrete buildings with minimal signage. Peak 10’s three-stage data center now under construction in north Charlotte will be no different.
Pool builders have spent the past five to seven years seeing their industry hit hard by a slow economy and recession, tough consumer credit market and decline in home sales and new construction. So far in 2012, the pool and spa industry is showing an uptick in activity.
After the story broke that a lobbyist for the state homebuilders association and the chief of staff for a state lawmaker were having a romantic relationship, the lobbyist found herself without a job. But for now, at least, the HBA seems to have weathered the bad publicity, and some of its members say they continue to support the organization.
Among those crying for Ballantyne to break off from the city of Charlotte, Mecklenburg County Commissioner Bill James has been sort of an unofficial spokesman. And, like some others who continue to back the deannexation idea, James claims it would be a good thing for developers.
The notion of a bypass around U.S. 74 from Charlotte into Union County had been kicking around for years before the newly formed Turnpike Authority in 2007 proposed the construction of a 20-mile toll road that would run parallel to U.S. 74, skirt Monroe and connect to the Interstate 485 beltway southeast of Charlotte.
This month, Bert Green is stepping down as CEO of Charlotte Habitat for Humanity and, instead, will serve as director of strategic initiatives, a newly created position.