The share of homes that were bought with cash in the Charlotte area fell 3.7 percentage points in May from May 2014, according to real estate information and analytics provider CoreLogic. Cash sales in the Charlotte-Concord-Gastonia area accounted for 25.9 ...Read More »
Local developers were divided on how long demand in Charlotte will sustain the current wave of multifamily construction, during a two-panel discussion at a Bisnow breakfast Tuesday morning. Developers also gave their views on topics ranging from challenges and trends ...Read More »
The Durham home of human rights activist and lawyer Pauli Murray is set to be transformed into a national historic site. The Pauli Murray Center for Historical and Social Justice and Iron Mountain Inc., a storage and information management company, ...Read More »
Real estate firms are confident in the industry’s future growth and their increasing profitability, according to a recent survey by the National Association of Realtors. The NAR’s annual Profile of Real Estate Firms survey found that commercial firms are the ...
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Local and state transportation officials advanced the cause for adding 26 miles of toll roads along Interstate 77 at a Friday luncheon sponsored by the Charlotte Chamber. Some 50 attendees came to the event, dubbed “Toll Lanes on Charlotte Highways: ...Read More »
Residential loan originations on single-family homes and condos in the Charlotte area grew 21 percent to 18,474 in the second quarter from 15,314 a year ago, according to recent data from RealtyTrac. The refinancing of home loans grew 28 percent ...Read More »
BALTIMORE — A lawyer’s premature disclosure of her client’s sealed whistleblower lawsuit does not necessarily doom the litigation, a U.S. appeals court ruled Monday in reviving a construction worker’s claim that a Maryland company violated the federal False Claims Act ...Read More »
Despite month over month gains in construction-sector employment, the Associated General Contractors of America is warning about a potential worker shortage. Construction employment in July climbed to its highest level since February 2009, the AGC says, with the number of ...
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U.S. homebuilder confidence in the active-adult housing market remains strong despite a slight drop in sentiment, according to the National Association of Home Builders 55+ Housing Market Index. The organization’s index fell slightly to 57 in the second quarter from ...Read More »
The Charlotte Historic District Commission is moving into the present. The commission, a division of the Charlotte-Mecklenburg Planning Department, is revamping the city’s design guidelines to ensure a user-friendly experience for applicants seeking to build or remodel in the Queen ...Read More »