The identity of the family whose home will be rebuilt by Bellamy Homes for “Extreme Makeover: Home Edition” has been revealed. Construction began Sunday in Lincolnton on the new home for Devonda and James Friday, who have fostered more than ...Read More »
U.S. builders spent more in October on homes, offices and shopping centers, pushing construction spending up for a third straight month. Despite the gains, construction spending remained depressed. Construction spending rose 0.8 percent in October to a seasonally adjusted annual rate of $798.5 billion, the Commerce Department said this month.
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This year, significantly fewer Leadership in Energy and Environmental Design projects specified the use of wood certified by the Forest Stewardship Council. A recent report issued by GreenBiz Group found FSC wood was used in only 26 percent of new LEED construction in 2011, down from 41 percent last year.
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Building a bubble? Developers plan to add thousands of apartments to the metro area, which has some wondering about overbuilding
It’s a lot of apartments. There are 7,000 units planned for the Charlotte area, mostly for the area north of the city. More than 1,000 units are under construction, and it’s no wonder why developers are salivating over apartments: Now’s a good time to be in the rental business, thanks to tougher lending practices that make it harder for people to buy homes and a major dip in confidence in owning brought about by the housing market’s collapse.Read More »
At the end of last year, RealtyTrac, the Irvine, Calif.-based company that the media frequently rely on for foreclosure data, released its report on 2010. For those who don’t like it when foreclosures are up, it was bad news; one in every 50 homes in the Charlotte metropolitan area had foreclosure filings started against them in 2010, an increase of more than 37 percent over 2009.Read More »
Irving Schwebel on golf, fraternities and his ‘Betty side’ Lives in: south Charlotte Age: 61 Family: wife, Andrea; children, David, 34, Joanna, 30 Education: attended Hoffstra University in Long Island, N.Y., but did not graduate About 30 years ago, Irving ...
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Kerry Beach knows firsthand that syndicated real estate listings on the Internet aren’t always accurate. Sometimes the listing agent’s name is missing or just plain wrong. Sometimes the asking price isn’t correct or a home is listed for sale long ...Read More »
On average, the percentage a person has to put down for a home in North and South Carolina is lower than the national average, according to a report from Charlotte-based LendingTree.com. In North Carolina, the average down payment is 12.16 ...Read More »