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 »
Residential Real Estate
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 ...Read More »
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 ...
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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 ...
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Some 45 attendees gathered at the Charlotte City Club on Tuesday morning for an update on the latest trends in real estate at an annual breakfast held by the local chapter of The Risk Management Association. Featured speakers were Jay Colvin ...Read More »
The sales prices for existing homes in the Charlotte area, including distressed sales, appreciated 7.3 percent in March from a year earlier, according to CoreLogic’s Home Price Index report. Existing-home prices in the Charlotte-Concord-Gastonia metropolitan statistical area grew 2.3 percent ...
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A real estate scam that has apparently been making its way through email inboxes across the country for some time now has begun targeting lawyers in North Carolina, according to the North Carolina State Bar. Peter Bolac, trust account compliance ...
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Charlotte was still the nation’s second-hottest market for institutional investors buying homes as rental properties in the first quarter of this year, according to RealtyTrac, a California-based real estate information and analytics provider. The company also reported that the median ...Read More »
CHARLOTTE – The former chief accounting officer for Beazer Homes USA Inc. was sentenced Thursday to 10 years in prison and three years of supervised release for his role in a seven-year accounting fraud conspiracy, according to the U.S. Attorney’s ...Read More »