U.S. housing starts rose nearly 19 percent in January when compared with a year earlier, but were down from December, according to data provided by the U.S. Census Bureau and the Department of Housing and Urban Development. Groundbreakings for all ...Read More »
Institutional investors bought fewer homes in the Charlotte area during 2014 than the prior year, but snagged a greater share of the ones available, according to data released Friday by RealtyTrac, a California-based real estate information provider. RealtyTrac reported that ...
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WASHINGTON — U.S. home sales hit a snow drift in January, plunging to the slowest pace in nine months. The National Association of Realtors said Monday that sales of existing homes tumbled 4.9 percent last month to a seasonally adjusted ...Read More »
A Charlotte City Council committee on Thursday received an update on plans to redevelop the site of the former Eastland Mall. The city bought the 80 acres in 2012 for $13.2 million and embarked on a study in September to ...Read More »
Charlotte-based Campus Crest Communities Inc. responded last week to a request by the Clinton Group Inc., a stockholder of Campus Crest, that the company hire new executives and replace four members of its board of directors. “We remain committed to ...Read More »
CHARLOTTE – A potential deal between the city and a Florida developer to build an amateur sports complex near Bojangles’ Coliseum appears to have hit the skids. GoodSports Enterprises, which was supposed to provide an update on the project Thursday, ...Read More »
Novant Health will anchor a 33,000-square-foot medical building at the under-construction Waverly multi-use development at Providence and Ardrey Kell roads in south Charlotte. Waverly developers Childress Klein and Crosland Southeast on Thursday also announced that tenants will include a 6,073-square-foot ...Read More »
Three more people were sentenced Wednesday on federal racketeering charges that resulted from a massive mortgage-fraud investigation begun in the Charlotte area in 2007. According to an April 2013 indictment, they were among 26 charged in various conspiracies, including mortgage ...Read More »
CHARLOTTE — In a visit to Charlotte, where local leaders say prosperity is linked to infrastructure investments, Vice President Joe Biden on Thursday reiterated the administration’s call to invest billions in highways, bridges and passenger rail service to promote long-term ...Read More »
The share of homebuyers using low down-payment loans dropped last year to its lowest level in a decade. Some 25 percent of buyers with conventional or Federal Housing Administration-insured mortgages put less than 3 percent down when purchasing a home ...
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