WASHINGTON (AP) — Sales of existing U.S. homes plummeted in January to the worst pace in 18 months. Cold weather, limited supplies of homes on the market and higher buying costs held back purchases. The National Association of Realtors said Friday that ...Read More »
The burden of student loans is taking its toll on a generation who cannot afford to buy or, in some cases, even rent their own homes. And experts are warning that the failure of millenials to achieve the American Dream ...
Tagged with: 100 years Federal Reserve Clear Point Consumer Counseling Services Consumer Financial Protection Bureau First Financial Services household creation Joel Childress Rohit Copra student loan debt YAshica AndersonRead More »
HUNTERSVILLE – The effort to bring clustered residential subdivision provisions to the town zoning ordinance took another step in a long journey this week when the town planning staff unveiled its density recommendations. But one Huntersville resident at the Feb. ...Read More »
CHARLOTTE – As 2013 has rolled into 2014, the data heads over at Karnes Co., a local analytics firm that keeps tabs on the city’s commercial real estate markets, have been on task collecting in-depth information about the office, industrial ...Read More »
Wall Street is at it again, slicing and dicing securities, hoping to sell pieces of the pie to investors hungry for better returns. But instead of offering investors bonds backed by mortgages, private equity firms are looking at new financial ...
Tagged with: American Homes 4 Rent blackstone group Center for American Progress House Financial Services Committee invitation homes Jeb Hensarling Mark Takano Norbert Michel Patrick McHenry RealtyTrac REO-to-rental Robert Pittenger Sarah Edelman single-family rental securities Tricon Capital GroupRead More »
CHARLOTTE – An unassuming giant in Charlotte’s construction industry died last week, but Bonar Day Rodgers’ enduring impact will continue to be measured by the towering work that helps define the city. And, clients, business associates and competitors say, by ...
Tagged with: "Hi=Impact" drywall B.D. Rodgers Balfour Beatty Construction Bill NIchols Bob Dooley Central Piedmont Community College commercial construction contractor Kathy Drumm Pat Rodgers Queens University R.T. Dooley Construction Rodgers Builders Inc.Read More »
Some homeowners who got a lifeline from the federal government through a loan modification program are about to get a rude awakening as interest rates on the loans – and the payments – start to rise this year. Most payments ...
Tagged with: Al Ripley Center for Responsible Lending Center of Community Capital Louise Mack Paul LEonard Prosperity Unlimited U.S. Treasury Department's Home Affordable Modification Program University of North Carolina at Chapel HillRead More »
The Construction Industry Safety Coalition last week issued a stern denouncement of a rule proposed by the Occupational Safety and Health Administration aimed to reduce silica exposure. According to the OSHA website, the proposed crystalline silica rule would impact as ...Read More »
INDIAN LAND – George I of England, a group of lost map surveyors, some Native Americans who got in the way, and Scots-Irish immigrants from Pennsylvania obsessed with the Wars of the Roses. They all played a part in the ...Read More »
A panhandle apart: The needs of northern Lancaster County’s bedroom community differ from the rural rest
INDIAN LAND – Two homeowners in the state-line straddling Bridgehampton subdivision dialed 911 to report a prowler. Sirens wailing, five Charlotte-Mecklenburg Police Department cars converged on the home of one of the callers within minutes. A quarter of an hour ...Read More »