Fifty-one foreclosure homes sold for a total of $1.6 million at an auction Monday night at the Charlotte Convention Center, Auction.com, which conducted the auction, said. In one of the sales, a 4,510-square-foot home at 2626 Heathlake Drive in Charlotte previously valued ...Read More »
When a person buys a condominium, they usually pay dues, also known as assessments, which go toward maintenance and enhancement costs. But when condominium developments are stuck with empty units — as is the case for many projects across the ...Read More »
As part of a study on whether the city of Charlotte is awarding enough contracts to minority- and women-owned businesses, the city plans to hold a public hearing in April to receive testimony from the public. The city is looking ...Read More »
Statesville-based Epperson Lumber is being acquired by Broken Arrow, Okla.-based building materials distributor Cedar Creek. On Friday, the wholesale distributor announced a letter of intent to buy Epperson for an undisclosed price. “We are looking to kind of fill the void and ...Read More »
Lowes Cos. today said its board of directors has declared a quarterly cash dividend of 11 cents per share. The Mooresville-based company said the dividend is payable May 4 to shareholders of record as of April 20.Read More »
There were fewer building permits issued in Mecklenburg County last week than the week before, according to county data, and the total dollar value of the construction associated with those permits was down, too. Last week, 290 permits were issued, ...Read More »
Moody’s Investors Service today affirmed its AAA bond rating for Mecklenburg County. In a press release, the county said the credit rating agency cited the county’s “healthy financial position despite some use of reserves, positive steps taken to stabilize and improve ...
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RALEIGH — The North Carolina Department of Revenue has sent incorrect notices to nearly 2,000 taxpayers saying they owe state taxes for 2008. Department spokeswoman Beth Stevens says the notices went out based on erroneous information from the Internal Revenue ...Read More »
When Charlotte officials are marketing the city, Charlotte/Douglas International Airport is usually one of the top features touted as helping boost economic development and tourism in the region. While airports in bigger cities, such as Atlanta, Chicago, Dallas and Los ...Read More »
The Charlotte metropolitan area’s unemployment rate increased in January to 11.1 percent from 10.7 percent in December, according to data released today from the Employment Security Commission of North Carolina. The biggest over-the-month job losses in the Charlotte metro area ...
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