WASHINGTON — More Americans bought homes in May, a sign of economic strength that is pushing up average prices. The National Association of Realtors said Monday that sales of existing homes climbed 5.1 percent last month to a seasonally adjusted ...Read More »
The Charlotte region and North Carolina followed last month’s national trend of an increased number of homes reverting to bank ownership, the result of a foreclosure backlog wending its way through the regulatory system. According to RealtyTrac, the number of ...Read More »
Local officials have heard N.C. Sen. Jeff Tarte’s rallying cry for support of state legislation that would jettison the state Department of Transportation’s contract with a Spanish company to build a toll road on Interstate 77. Tarte, a Republican representing ...
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MATTHEWS — Stephen Messer, executive director at Plantation Estates, spoke in front of more than 300 people, including residents, Plantation Estates employees and public officials, at Friday’s groundbreaking ceremony for the newest addition to the 50-acre retirement and assisted living ...Read More »
CHARLOTTE — Mecklenburg County’s Code Enforcement Department plans to roll out its new mega multifamily inspection team June 29. The county’s Building Development Commission, which advises the Code Enforcement Department, received an update on the mega team launch status at ...
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The Charlotte City Council approved several rezoning requests Monday night, including a developer’s controversial petition to build a mixed-use project on nearly 2 acres on Central Avenue. The council also denied a request to build townhomes in southwest Charlotte. DPJ ...Read More »
WASHINGTON — Mecklenburg and Iredell counties are among the five counties nationwide that have best controlled urban sprawl since the mid-1990s, according to a new study. Once the signature of an era of pell-mell development, American sprawl has slowed to ...Read More »
LOS ANGELES — Standard Pacific Corp. and Ryland Group Inc. have agreed to merge in an all-stock transaction that will create a single homebuilder with operations in 17 states. The merger marks the first big move toward consolidation among the ...Read More »