First Trust Bank in Charlotte put in a high bid of $2.4 million for Midtown Sundries bar and restaurant in Cornelius during a foreclosure sale Friday at the Mecklenburg County Courthouse. The purchase is not yet final, as there’s a 10-day period ...Read More »
For anyone looking for a home in the Charlotte area, it’s a buyer’s market, thanks to a glut of homes for sale. But as potential buyers are ordering appraisals for homes they are interested in, some appraisers are finding it ...Read More »
Charlotte metropolitan area home sales rose 3.7 percent in January from the same month a year ago, but the average sales price fell 6.2 percent, the Charlotte Regional Realtor Association said today. There were 1,414 closings last month compared with 1,363 in January ...
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As much as Kelly St. Claire, a resident of the Highland Creek neighborhood, is glad that the last leg of the Interstate 485 belt will be completed in the next three years, she still has concerns. With the traffic buildup ...Read More »
The long-awaited Mecklenburg County property revaluation notices have been mailed today to nearly 300,000 property owners, county Assessor Garrett Alexander said. The assessor’s office said the notices reflect the new value of residential properties based on a review of home sales ...
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Duke Energy Corp. CEO Jim Rogers and his wife, Mary Anne, are giving $4.1 million to Queens University of Charlotte to be used for a new science and health building, the university said today. The 56,000-square-foot, $17.4 million building will bear their ...Read More »
Mecklenburg County homeowners should start receiving 2011 property revaluation notices in their mailboxes this week. On average, home values are expected to increase 6 to 8 percent over the last revaluation in 2003. State law requires revaluations of properties in ...Read More »
Charlotte City Councilman David Howard has been appointed to the National League of Cities’ 2011 Community and Economic Development Policy and Advocacy Steering Committee. The committee is in charge of developing NLC federal policy positions in the areas of community and economic ...
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Bank of America Corp. on Thursday said it is splitting its mortgage business into two units, with a new division created specifically to handle foreclosures and discontinued loan products. The bank said the new Legacy Asset Servicing unit will be ...Read More »
RALEIGH — North Carolina’s Supreme Court rejected a lawsuit Friday filed by a few taxpayers who challenged tens of millions of dollars in tax breaks used to lure Google Inc. to Caldwell County. Justices did not explain their decision that ...Read More »