Charlotte ranks fourth in a list of most affordable cities, according to the consumer website Cheapism, based on its below average cost of living and affordable home prices. The website crunched the numbers using data from Sperling’s Best Places to ...Read More »
In the last 10 years, the number of Mecklenburg County families struggling to find a decent, safe and affordable place to call home has doubled while the number of such units available to house them has barely budged. A new ...Read More »
Despite continued improvement in the housing market, Americans’ attitudes about the health of the economy and housing reflect continued uncertainty. In its monthly survey, Fannie Mae asked 1,000 consumers about their feelings about homeownership and their household finances. Overall, the ...Read More »
WASHINGTON (AP) — Sales of existing U.S. homes plummeted in January to the worst pace in 18 months. Cold weather, limited supplies of homes on the market and higher buying costs held back purchases. The National Association of Realtors said Friday that ...Read More »
CHARLOTTE – As 2013 has rolled into 2014, the data heads over at Karnes Co., a local analytics firm that keeps tabs on the city’s commercial real estate markets, have been on task collecting in-depth information about the office, industrial ...Read More »
Wall Street is at it again, slicing and dicing securities, hoping to sell pieces of the pie to investors hungry for better returns. But instead of offering investors bonds backed by mortgages, private equity firms are looking at new financial ...
Tagged with: American Homes 4 Rent blackstone group Center for American Progress House Financial Services Committee invitation homes Jeb Hensarling Mark Takano Norbert Michel Patrick McHenry RealtyTrac REO-to-rental Robert Pittenger Sarah Edelman single-family rental securities Tricon Capital GroupRead More »
Some homeowners who got a lifeline from the federal government through a loan modification program are about to get a rude awakening as interest rates on the loans – and the payments – start to rise this year. Most payments ...
Tagged with: Al Ripley Center for Responsible Lending Center of Community Capital Louise Mack Paul LEonard Prosperity Unlimited U.S. Treasury Department's Home Affordable Modification Program University of North Carolina at Chapel HillRead More »
CHARLOTTE – The writing has been on the yet-to-be-built wall for the last couple of years. After a tough time during the Great Recession, construction firms have returned to their feet and are rebuilding the business that was lost during ...
Tagged with: Associated General Contractors of America Bill Stricker building permits Carolinas AGC Central Piedmon Community College Chris Paynter construction jobs contractor GEorge E. Wightman Jr. Builder Inc. Michael DiFabion National Association of the Remodeling Industry Pat Rgers Stephen E. SandherrRead More »
Homeowners are optimistic about the housing market in 2014, with 71 percent considering selling their homes this year, according to a new survey conducted by Charlotte-based lender Lending Tree. The nationwide poll of 609 current and prospective homeowners found that ...Read More »
Like nails out of its own coffin, the Charlotte region’s residential construction industry pulled nearly 9,500 building permits in 2013, rising from the ashes like a phoenix with a tool belt and hammering out its best year since the housing ...
Tagged with: bill saint building permits Case-Shiller Charlotte-Gastonia-Rock Hill metro area Classica Homes CoreLogic D.R. Horton Hanley Wood Home Builders Association of Charlotte M/I Homes Market Opportunity Research Enterprises Mecklenburg County Code Enfocement metrostudy Publix PUlteGroup's Del Webb division RealtyTrac single-family residential construciton Sun City Carolina Lakes U.S. Census BureauRead More »