Homes bought by institutional investors in April in the Charlotte area reached a record high of 737, according to RealtyTrac, whose records begin in January 2011. The percentage of homes purchased in the region by institutional investors in April was ...Read More »
Four people involved in a mortgage and investment fraud scheme that investigators dubbed Operation Wax House were sentenced this week, including three of its leaders. Those involved were convicted on charges relating to the theft of more than $75 million ...
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CHARLOTTE — Two Mecklenburg County residents have been indicted for conspiring to file fraudulent tax returns that claimed more than $4 million in refunds, according to the U.S. Department of Justice. Daniel Frank Heggins and Joan Clark, also known as ...Read More »
WASHINGTON — U.S. home prices rose at a steady pace in March, pushed higher by a limited supply of houses for sale.The Standard & Poor’s/Case-Shiller 20-city home price index rose 5 percent in March from 12 months earlier, the S&P ...Read More »
Environmental groups that are suing state and federal transportation agencies over the proposed construction of the Monroe Bypass have asked a federal judge to halt any new work on the project until the lawsuit is settled. The Southern Environmental Law ...Read More »
CHARLOTTE — The city hopes to turn the former Eastland Mall site into a transit-oriented, mixed-use hub that will suite both public and private interests. A concept for the site, which was presented to the city’s Economic Development and Global ...Read More »
The North Carolina Department of Transportation closed on a controversial public-private partnership with Spanish developer Cintra this week, surprising many attendees at Wednesday evening’s meeting of the Charlotte Regional Transportation Planning Organization. Opponents of the agreement to build toll lanes ...Read More »
Although the number of homes repossessed by banks in Charlotte jumped almost 95 percent in April compared with April 2014, those homes on average were sold at market value during the first quarter, according to real estate information and analytics ...Read More »
Editor’s note: The original post of this story incorrectly stated that no new development would be permitted under the proposed moratorium on rezoning applications. LANCASTER, S.C. – The Planning Commission recommended Tuesday that the County Council approve a nine-month moratorium ...Read More »
Charlotte City Council approved several rezoning requests Monday night, including petitions allowing the construction of single-family and multifamily developments in north and south Charlotte. The council also denied a request to build a convenience store and gas station in east ...
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