Rising home prices are helping struggling homeowners regain equity lost during the housing bust. Zillow just released a report showing that 21.6 percent of Charlotte homeowners with outstanding loans owed more on their mortgage than their home is worth. That ...Read More »
CHARLOTTE – Retail developers in the early 2000s were on a mission, according to Darrell Palasciano, a broker with The Shopping Center Group: Who could build the most and biggest box stores in power centers? Now those power centers are ...Read More »
Insurers want to increase homeowners’ premiums an average of 25 percent across North Carolina. They say the rate increase is needed to cover all the claims insurance companies have paid out over the last couple of years, an amount that ...
Tagged with: Charlotte Regional Realtor Association Corey Illingworth homeowners insurance insurance commissioner Joe Rempson Kerry Hall N.C. Department of Insurance N.C. rate bureau Pegram Insurance Agency Sean Hertel Sue Taylor Wayne GoodwinRead More »
RICHMOND, VA. – A Maryland title company has moved a step closer to recovering more than $100,000 it paid to settle a civil action brought by the Maryland’s Attorney General’s office, which accused it of participating in a scheme to ...Read More »
CHARLOTTE – For the past several years, the city turned a blind eye to some restaurants that operate illegally. But it now has plans to bring them into compliance, and will hold a community meeting March 4 in order to ...Read More »
CHARLOTTE – One of Habitat for Humanity International’s biggest chapters is losing its president after only two years. Frank Spencer, a retired banker, commercial real estate broker and investor, was named president of Charlotte Habitat in 2012. Under Spencer’s leadership, ...Read More »
The architects, the building inspectors and many of the construction industry’s biggest clients are dead-set against it. The structural engineers and the chairman of the N.C. Building Code Council are all for it. The general contractors are split down the ...
Tagged with: artisan builders Carolinas HealthCare System Dan Tingen International Code Council Jim Bartl N.C. Structural Engineers Association PHillip Stephens Rob Stevenson Steve DAggers Tingen Construction Co. William RakatanskyRead More »
UPDATED at 02/28/14, 8:30 a.m. The Mecklenburg Times received six state awards Thursday night, including second place for general excellence in the specialty division of the 2013 N.C. Press Association News, Editorial and Photojournalism Contest. The other awards were for ...
Tagged with: North Carolina Press Association awards 2013Read More »
Institutional investor activity in the Charlotte metro housing market was up in January from the month before, but dropped from the previous year at the same time, according to a new report by RealtyTrac. The share of all residential purchase ...
Tagged with: Gabrielle Carneglia institutional investor j.c. underwood Leigh Brown Leigh Brown and Associates RE/Max Executive Realty Metrolina Real Estate Investors Association RealtyTrac Wilkinson & AssociatesRead More »
CHARLOTTE – Warehouse vacancy around the city fell to 6.9 percent at the end of 2013, one of the lowest rates seen in the history of the Charlotte warehouse market, according to the fourth quarter report from local analytics firm ...Read More »