Crescent Communities recently announced that a Whole Foods Market will be part of its mixed-use development at Stonewall and South Caldwell streets, bringing to uptown its first full-size grocery store. The Charlotte-based developer plans to break ground on the project ...Read More »
The Charlotte metro area underwent a frenzy of foreclosure activity last month, posting large increases in scheduled auctions and bank repossessions. However, that doesn’t mean a wave of distressed properties hitting market will hamper home-price appreciation in the Charlotte-Concord-Gastonia region ...Read More »
Cash sales made up 36.1 percent of total home sales nationally in November, down from 38.8 percent in November 2013. The year-over-year share has fallen each month since January 2013, making November the 23rd consecutive month of declines, according to ...
Tagged with: CoreLogic cash sales November 2014Read More »
Median sales prices for existing single-family homes in the Charlotte area increased at a faster clip between the fourth quarters of 2013 and 2014 than all but 12 of the 175 metro areas included in a report released Wednesday by ...Read More »
Several developers are seeking rezonings for multifamily housing and mixed-use projects in Charlotte. The Charlotte City Council will hold hearings on the requests April 20. Two Capital Partners of Atlanta wants to build an apartment complex of up to 291 ...Read More »
A state contractors’ group is taking action to better educate construction workers about safety on the job in response to an increased number of construction deaths in 2014. There were 19 construction fatalities in North Carolina last year, which accounted ...Read More »
The number of homes with a mortgage in the Charlotte metro area facing foreclosure in December remained at 0.9 percent of all homes, the same as in November and down 0.7 percentage points from December 2013, according to real estate ...
Tagged with: CoreLogic December 2014 foreclosure rateRead More »
Demand for homes in the Charlotte region continues to outpace inventory, creating a seller’s market for those seeking higher returns on their investments. Year-over-year sales in the Charlotte area rose 8.8 percent in January compared with January 2014, to 2,359 ...Read More »
A Charlotte man has been sentenced to more than five years in prison for his role in a Ponzi scheme that the U.S. Attorney’s Office says defrauded victims by inducing them to invest in fake real estate deals. John Reid ...Read More »
Desperate to sell empty lots in a foreclosed subdivision, a group of lenders turned to a marketing company that made big promises and had the references to back them up. But those references turned out to be fake and the ...Read More »