The operation’s codename was Project Sunset, and John Allen was Mecklenburg County’s agent on the case. He runs the numbers. The 2009 Project Sunset assignment was one of his first undercover operations since signing on as the county’s economic development ...Read More »
CHARLOTTE – Mecklenburg County officials are looking at a proposal to spend $50,000 in upfront costs and $10,000 annually to replace $500-a-year software that models the economic benefits and drawbacks of offering industries incentives to move or expand here. But ...Read More »
CONNECT our Future is seeking input from residents of 14 counties over the next two months as it develops a framework to help shape the region’s growth. The nonprofit CONNECT Consortium is funded by $7.9 million, which includes $4.9 million ...Read More »
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 »