The share of Charlotte-area homes with a mortgage that were facing foreclosure in February remained at 0.9 percent of all homes, the same as in the previous three months and down 0.4 percentage points from February 2014, according to real ...Read More »
Residential Real Estate
The portion of all home sales that were paid for with cash in the Charlotte area was down 1.1 percent in January compared with last year, according to real estate information and analytics provider CoreLogic. In January, 32.48 percent of ...Read More »
Despite low inventory and rising prices, it was still less expensive in the first quarter to buy a home than to rent a three-bedroom apartment in Mecklenburg County, according to a RealtyTrac report. The average rent for a three-bedroom property ...Read More »
The number of homes sold in the Charlotte area jumped 41.2 percent in March from February, after decreasing 4.1 percent in February from January. Year over year, home sales in March were up 20.3 percent with 3,195 properties sold, compared ...Read More »
The sales prices for existing homes in the Charlotte area, including distressed sales, appreciated 6.1 percent from February 2014 to this February, according to CoreLogic’s Home Price Index report. Existing-home prices in the Charlotte-Concord-Gastonia metropolitan statistical area grew 2 percent ...
Tagged with: home pricesRead More »
The Charlotte metro area reached a new peak in median home prices last year, rising to $173,000 in July. The Charlotte-Concord-Gastonia region is one of 17 metro areas out of 92 nationally where prices reached the top of the market ...Read More »
Childress Klein has announced plans for a mixed-use development on 7.1 acres across the street from SouthPark Mall on Sharon Road. The site is home to Sharon United Methodist Church, which will be redeveloped as part of the project. “We ...Read More »
The Sharon Towers retirement development in SouthPark broke ground last week on phase one of an independent-living building dubbed Magnolia Villas. The move is a reflection of seniors’ growing demand for amenities and living on their own while having the ...
Tagged with: independent livingRead More »
WESLEY CHAPEL – Donut holes. That’s how residents at a town meeting Monday night described parcels of land that could be de-annexed from the village if a local bill filed by state Sen. Tommy Tucker passes. Mayor Brad Horvath called ...Read More »