Lexie Longstreet had what appeared to be the perfect homebuyer. The woman had a credit score of 800 and had saved enough for a 20 percent down payment on a condo in Plaza Midwood, an up-and-coming Charlotte neighborhood. The homebuyer ...Read More »
With the construction industry still staggering like a punch-drunk boxer, companies looking for ways to raise some money might want to consider this: Sell that backhoe. If they can part with their machinery — and with the market continuing to ...Read More »
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 »
As the construction industry’s unemployment rate hit 13.7 percent, the sector lost 20,000 jobs from September to October, the Associated General Contractors of America said late last week. The losses stemmed from continued declines in the public sector, the Arlington, ...Read More »
There might be price stabilization in the Charlotte real estate market soon, the chief economist for the National Association of Realtors said this week. Lawrence Yun, speaking Tuesday to 236 real estate professionals during a Charlotte Regional Realtor Association event, ...Read More »
The chief economist for the National Association of Realtors will make a presentation on “Real Estate Market Trends and Housing Forecast” at an event hosted by the Charlotte Regional Realtor Association. The event featuring Lawrence Yun will run from 9:30 ...Read More »
Tim Eldridge’s job gives him a front-row seat to the problems created by the shortage of workers in the construction industry. But he’s hoping some training programs will give the Carolinas a boost when the economy improves. Lives in: Mountain ...Read More »
In 2006, before the recession, the Charlotte Regional Realtor Association had 8,152 members. Today, its membership is thinner by about 1,407, a decline that, no doubt, is a byproduct of the market’s downturn. It’s not as much of an exodus ...Read More »
When Allen Craven’s father moved to the city of Concord, Hotel Concord was his home for months. It was around the 1950s, and Craven’s dad, who has since died, lived there while setting up a medical practice across the street. ...
Tagged with: Abu-Baker Senge Allen Craven Altria Cabarrus County Charlotte Motor Speedway Concord Concord Downtown Development Corp. Concord Mills Connextions Craven and Co. Diane Young Fifth Third Bank Hotel Concord Jim Ramsure Jordan Brown Properties Patrick McGrath Percival McGuire Philip Morris StanCorp Mortgage Investors Union Street Corp.Read More »
Twenty-three U.S. housing markets qualify as “improving,” but Charlotte is not one of them, according to a report released last week. The second edition of the National Association of Home Builders/ First American Improving Markets Index is based on housing ...
Tagged with: National Association of Home BuildersRead More »