November marked the third straight month of declining foreclosure filings for Mecklenburg County and the lowest number of filings since April 2006, according to the North Carolina Administrative Office of the Courts. There were 496 foreclosure filings in November, down ...Read More »
U.S. builders spent more in October on homes, offices and shopping centers, pushing construction spending up for a third straight month. Despite the gains, construction spending remained depressed. Construction spending rose 0.8 percent in October to a seasonally adjusted annual rate of $798.5 billion, the Commerce Department said this month.
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The struggles in the homebuilding market have resulted in the Home Builders Association of Charlotte deciding to eliminate the executive vice president position by the end of this year, The Mecklenburg Times learned today. That means Mark Baldwin’s position will no ...Read More »
Real estate is one of the strongest sectors in North Carolina’s economy. That’s according to a quarterly forecast from University of North Carolina at Charlotte economist John Connaughton. Finance, insurance and real estate are expected to experience an increase in ...Read More »
Ron Morgan used to be an architect and developer who took the buildings that symbolized the past of the Charlotte region — textile mills and furniture plants — and redesigned them as temples to urbanism and an eco-conscious future. But, ...Read More »
Construction employment in North Carolina fell 2.8 percent in October from the same month a year ago, the Associated General Contractors of America said this week. The state lost 4,900 construction jobs during the period, bringing total construction employment to ...
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The former Premiere Manufacturing Knitting Co. plant in Morganton has a new lease on life, since it’s now home to City Hall and residential and commercial properties. About 10 years ago, the 100,000-square-foot Burke County building was a decaying hulk ...Read More »