Although home price appreciation has been outpacing wage growth in the Charlotte metro area, the decline in interest rates has made it more affordable to buy a home. That’s according to a report by RealtyTrac, which found that ebbing interest ...Read More »
Residential Real Estate
Charlotte-area home prices increased 4.9 percent in July compared with the same time last year, according to data released Tuesday by the Standard & Poor’s Dow Jones Indices. They appreciated a slight 0.1 percent, seasonally adjusted, between June and July. ...Read More »
UNC Charlotte Chancellor Philip Dubois likes to share a joke at the onset of speaking engagements. So he was ready with a good one to warm up the crowd before last week’s announcement that Childress Klein Properties was donating $2.5 ...Read More »
Although home sales in the Charlotte market dropped off in August from July, they are at an eight-year high for the first eight months of the year, according to RealtyTrac. Sales of single-family residences and condos grew to 22,262 between ...Read More »
Two real estate brokers have lost their licenses following actions by the North Carolina Real Estate Commission. The commission revoked John Horohoe’s, who was with Cerwin and Co. in Charlotte, license because in February he was caught going through the ...
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Three more people have been sentenced to federal prison for their involvement in the mortgage fraud scheme prosecutors dubbed Operation Wax House. Nathan Shane Wolf, 44, of Charlotte, was sentenced Wednesday to seven years in prison and three years of ...Read More »