WASHINGTON (AP) — U.S. home rental prices climbed much faster than incomes in June. But there are signs of slowing momentum around major job hubs such as New York, Los Angeles and Washington. Real estate data firm Zillow said Thursday ...Read More »
CHARLOTTE — The percentage of seriously underwater homes in the metro area remains well below the national average, according to an analysis by RealtyTrac. Some 7.7 percent of mortgaged homes in the Charlotte-Concord-Gastonia region had a loan-to-value ratio of 125 ...
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CHARLOTTE — The City Council has approved spending millions of dollars in support of sports-related venues, including up to $600,000 for the NBA All-Star Game in early 2017. The council, meeting Monday evening, also approved releasing additional funds to renovate ...Read More »
North Carolina ranked 10th in the nation last month for annual percentage gains in construction employment, according to the Associated General Contractors of America. The sector added 11,900 jobs between June 2014 and June 2015 to reach 190,400 construction jobs ...
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WILMINGTON – We were 34 miles from land with only black waves and stars in every direction. Atop the abandoned light house tower, wind stung our sunburned faces. The lights flickered, sharks prowled the water 85 feet below and Jim ...Read More »
With the economy rebounding, Charlotte’s housing market is no different from those in other major metros experiencing a drop off in all-cash and distressed sales. But that doesn’t mean institutional investors have lost interest—the Queen City is still one of ...Read More »
As a general rule in North Carolina, lenders typically do not owe a fiduciary duty to borrowers. But the state Court of Appeals has noted an exception to that rule in a case involving a lender that also served as ...Read More »