CHARLOTTE – The region’s homes experienced the nation’s fifth-biggest increase in median sales price — 17.7 percent — in the first quarter compared with the first quarter of 2014, according to the National Association of Realtors. Mark Vitner, managing director ...Read More »
Prospective homebuyers are confronting rising prices as competition heats up for the Charlotte area’s dwindling inventory. The supply of homes in the 12-county region has been in a 3.9-month slump for three consecutive months, according to the Charlotte Regional Realtors ...
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Fees slated to take a hike: City counting on increased development service charges to fight budget deficit
CHARLOTTE – Increases in regulatory service fees that could bring in an additional $1.4 million to help offset about $21.7 million in revenue losses were presented last week to the City Council, which is expected to vote on its budget ...
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CHARLOTTE – A vision for the revitalization of the North Tryon Street corridor is beginning to take shape: a dense, walkable mixed-use urban neighborhood. The revitalization is being led by Charlotte Center City Partners, whose board of directors gathered in ...Read More »
Lennar Homes Inc. is hosting a grand opening May 16 at Waterside at Catawba, a 496-acre residential development under construction in Fort Mill. The property, off Whites Road and north of JW Wilson Road, will feature 1,142 single-family homes on ...Read More »
Charlotte-based Crescent Communities has filed a rezoning petition with the city to build a mixed-use development on 72 vacant acres south of Interstate 485, a move that would bring even more housing and retail to a stretch of Providence Road ...Read More »
House flippers in the Charlotte region saw increases in their gross profits and returns on investment in the first quarter when compared with a year ago. The average gross profit for the Charlotte-Concord-Gastonia metropolitan statistical area was $52,615 in the ...Read More »
A former CFO of Andersen Heating & Cooling has been sentenced to more than four years in prison for stealing nearly $4 million while he worked for the company. Nathan Thomas Mroz, 40, was sentenced Wednesday after having pleaded guilty ...Read More »
Revisions to the way the government acquires property for highway construction or other projects, changes in the way property insurance rates are reviewed, the reinstatement of tax credits for the rehabilitation of historic buildings, and changes in the way local ...Read More »