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 »
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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The number of home sales in February that were paid for with cash in the Charlotte area fell 0.4 percentage points from February 2014, according to real estate information and analytics provider CoreLogic. Cash sales in the area accounted for ...Read More »
Residential loan originations on single-family homes and condos in the Charlotte-Concord-Gastonia area grew 19 percent to 14,225 in the first quarter from 12,000 a year ago, according to recent data from RealtyTrac. The refinancing of home loans grew 23 percent ...Read More »
CHARLOTTE – The Charlotte area’s foreclosure inventory in March stayed at 0.9 percent of all homes with a mortgage for the fourth consecutive month, and was down 0.4 percentage points from a year ago, according to real estate data firm ...Read More »
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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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 »