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Loan program’s payment resets may lead to foreclosures (access required)

Loan program’s payment resets may lead to foreclosures <span class="dmcss_key_icon"><img alt="(access required)" src="/files/2013/10/lock1.png" border=0/></span>

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 ...

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For want of qualified workers (access required)

For want of qualified workers <span class="dmcss_key_icon"><img alt="(access required)" src="/files/2013/10/lock1.png" border=0/></span>

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 ...

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A steep ascent: Residential permits climbing back from recessionary low (access required)

A steep ascent: Residential permits climbing back from recessionary low <span class="dmcss_key_icon"><img alt="(access required)" src="/files/2013/10/lock1.png" border=0/></span>

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 ...

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Mortgage changes debut (access required)

Mortgage changes debut <span class="dmcss_key_icon"><img alt="(access required)" src="/files/2013/10/lock1.png" border=0/></span>

Come Jan. 10, it may become more difficult for homeowners to obtain a mortgage. That’s when a host of new rules come into effect. Most notable among the changes for borrowers will be the ability-to-repay and qualified mortgage rules that ...

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Construction employment up 10 percent in Charlotte while falling statewide (access required)

Construction employment up 10 percent in Charlotte while falling statewide <span class="dmcss_key_icon"><img alt="(access required)" src="/files/2013/10/lock1.png" border=0/></span>

CHARLOTTE – The Charlotte metropolitan area saw a 10 percent increase in construction employment in November over November 2012, by far the largest gain in the state, which lost jobs as a whole, based on the latest construction employment report ...

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2014 housing market looks ‘good’, but lending may tighten (access required)

2014 housing market looks ‘good’, but lending may tighten <span class="dmcss_key_icon"><img alt="(access required)" src="/files/2013/10/lock1.png" border=0/></span>

CHARLOTTE – The year ahead will be “good, not great” for the housing market, with an anticipated 5 percent growth in housing sales from 2013, according to forecast Freddie Mac’s Chief Economist Frank Nofthat delivered to an audience of real ...

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N.C. Secretary of Commerce speaks to commercial real estate group in Charlotte (access required)

N.C. Secretary of Commerce speaks to commercial real estate group in Charlotte <span class="dmcss_key_icon"><img alt="(access required)" src="/files/2013/10/lock1.png" border=0/></span>

CHARLOTTE – North Carolina’s economy continues to grow quickly, but in order to remain vibrant and keep moving forward, the business community must focus on fundamentals. That was the message from state Secretary of Commerce Sharon Decker at the Commercial ...

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