RALEIGH – For years North Carolina has ranked as one of the top places for business. Forbes ranked the state fourth in September based on the cost of doing business here, the quality of its labor force and its regulatory ...Read More »
CORNELIUS – An independent consultant’s report forecasts that the town of Cornelius would save resources and money and would grow in population more conservatively if the town adopts a proposed new land-use plan to replace the 17-year-old one now in ...Read More »
While the Charlotte real estate market remains affordable relative to many other U.S. markets, there is growing evidence that many middle class, professional families cannot afford to buy a home.
Tagged with: Charlotte-Mecklenburg Housing Partnership Cottingham Chalk Hayes Dustin Read Julie Porter Keith Thompson Lawrence Yun Mayor Patsy Kinsey National Association of Home Builders Prudential Carolinas Realty UNC Charlotte Wells Fargo ZillowRead More »
While the federal government shutdown is not having a direct impact on Charlotte businesses, it is creating uncertainty in the business community, according to panelists at The Mecklenburg Times Women’s Business Breakfast Forum. “With the shutdown and debate about the debt ceiling, people are waiting to make decisions,” said Natalie Haskins English, senior vice president of public policy for the Charlotte Chamber of Commerce.Read More »
It might be roiling Washington, D.C. and its suburbs, but, so far, the government shutdown is having little effect on Charlotte’s real estate and banking markets.Read More »
Led by the behemoth Blackstone Group, the largest alternative investment company in the world, institutional investors are buying a lot of single-family homes in Charlotte, fixing them up, renting them out and holding onto them to see if they rise in value. One of every five houses sold in May, June and July in the Charlotte market went to big investors, a higher percentage than in any other market but Atlanta.Read More »
The stock market moved sharply lower Friday as investors worked through a mediocre jobs report and monitored the simmering tensions over Syria. After opening slightly higher Friday, stocks quickly lost momentum and turned negative after the first ten minutes of trading.Read More »
The stock market rose Thursday as investors weighed positive economic reports against worries about Syria. The Dow Jones industrial average added 81 points, or 0.6 percent, to 14,906 in midday trading, while the Standard & Poor's 500 index was up 11 points, or 0.7 percent, at 1,646.
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Traditional economic theory says people follow jobs. In the Queen City over the last four to five years, however, jobs have either decreased or remained relatively stagnant while the city continues to attract migrants, said Bill Graves, assistant professor of economic geography at the University of North Carolina at Charlotte.Read More »