The share of homes that were bought with cash in the Charlotte area fell 2.6 percentage points in March from from March 2014, according to real estate information and analytics provider CoreLogic. Cash sales in the Charlotte-Concord-Gastonia area accounted for ...Read More »
CHARLOTTE – Year-over-year home sales continued to climb in May, but a low supply of homes on the market has put pressure on homebuyers to close deals quickly. The number of homes sold in May increased 20.4 percent compared with ...Read More »
Towns around Charlotte and the state would have to reassess development ordinances and design standards for single-family housing should a bill passed by the legislature this week become law. The N.C. House of Representatives on Tuesday passed Senate Bill 25, ...Read More »
ROCK HILL — City officials and community leaders continue exploring viable transportation options for the city’s Knowledge Park project ahead of a York County Council decision that will determine some of the project’s funding. The Knowledge Park Leadership Group, a ...
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N.C. Gov. Pat McCrory drove through a ribbon commemorating the completion of the Interstate 485 outer loop in northeast Charlotte on Friday. During a speech, McCrory thanked local officials and community members for their work on and support of the ...Read More »
Renewed activity has boosted the outlook for Charlotte’s uptown office market this year, a welcome change from the doldrums experienced in the fourth quarter of 2014. Corporate demand for space has caused the vacancy rate to drop, new capacity is ...Read More »
Five people were sentenced last week for their roles in fraudulently acquiring bank loans to support a failing luxury home and golf course development in Henderson County. The five included two Seven Falls Golf and River Club investors, and the ...Read More »
CORNELIUS — The town’s Board of Commissioners voted unanimously Monday to adopt a resolution asking that the N.C. Department of Transportation’s Interstate 77 toll-road contract with a Spanish developer be terminated immediately. The board also requested that the heavily trafficked ...
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Development service fees are still set to increase in fiscal year 2016, but the City Council recently indicated they favor a lesser increase on five fee hikes than was proposed by City Manager Ron Carlee several weeks ago. Carlee proposed ...Read More »
The Charlotte-Mecklenburg Planning Commission says it will provide city officials with recommended revisions to the city’s zoning ordinance in an effort to raise the bar on ensuring high-quality development. That means coordinating zoning policies with the city’s transit station area ...Read More »