A group of Republican state lawmakers are pushing legislation that would repeal the Map Act, a unique and controversial law that saves the state money on road projects but which opponents say devastates communities and causes homeowners heartache. “I wanted ...Read More »
Developers are tapping into the 76 million-strong baby boomer market, with active-adult construction taking off over the last couple of years. Sparked by pent-up demand, a mini-revolution in senior housing is occurring as a generation of nonconformists seeks a lifestyle ...
Tagged with: active adult communities baby boomer housing Courtyards at Kinnamon Epcon Communities Jacque Petroulakis National Association of Home Builders Pam Simms Paul Emrath PulteGroup Inc. Sun City Carolina Lakes The Villages at Oak TreeRead More »
CHARLOTTE – The American Institute of Architects Charlotte Chapter held its 2015 Design Awards Gala on Thursday night at the Foundation for the Carolinas headquarters on North Tryon Street in uptown. The following received the chapter’s Service Awards: J. Richard ...Read More »
RALEIGH – North Carolina municipal residents could no longer have access to a formal process that makes it harder for city councils to pass zoning changes in legislation approved Thursday by a House committee. The legislation supported by home-building and development ...Read More »
INDIAN LAND, S.C. – RedStone, a 40-acre retail development planned for U.S. Highway 521 in Lancaster County, has named its first tenant: a 58,000-square-foot, 14-screen Stone Theatres multiplex. At build-out, RedStone will include as much as 225,000 square feet of ...Read More »
Mecklenburg County and the Charlotte metro area saw mixed results in a survey of scheduled auctions and bank repossessions on foreclosed properties last month, according to real estate information and analytics provider RealtyTrac. Bank repossessions in the county dropped 58 ...
Tagged with: RealtyTrac February 2015 foreclosuresRead More »
CHARLOTTE – Affordable housing in the Cherry neighborhood got a boost this week after the City Council approved rezoning petitions for the area. The council also approved a commercial project, deferred a decision on an office building and multifamily development ...Read More »
CHARLOTTE – Several developers have filed rezoning requests with the city in order to build and redevelop multifamily complexes. The city will hold public hearings on the petitions May 18. DPJ Residential is seeking to build 105 apartments on several ...Read More »
Homebuyers across the nation put down an average of 14 percent of the purchase price when buying a home last year. That translated into an average down payment of $32,141, according to RealtyTrac, which analyzed loan and sales data on ...
Tagged with: RealtyTrac 2014 down payment percentageRead More »
WASHINGTON — Construction of new homes plummeted in February, as fierce winter weather froze housing starts in the Northeast and Midwest. The Commerce Department said Tuesday that builders began construction at a seasonally adjusted annual rate of 897,000 homes in ...Read More »