CHARLOTTE – John Wayne Perry Jr., 33, of Charlotte, pleaded guilty Monday to racketeering conspiracy for his part in a widespread, $75 million mortgage fraud and money laundering scheme, the investigation of which became known as “Operation Wax House.” Perry ...Read More »
Residential Real Estate
Sales prices for existing homes in the Charlotte region, including distressed sales, increased 3.7 percent in October from a year ago, according to CoreLogic’s Home Price Index report. On a month-over-month basis, existing-home prices in the Charlotte-Concord-Gastonia metropolitan statistical area ...Read More »
The Charlotte area was one of 12 major metro areas with the fastest annual acceleration of home price appreciation in October, according to RealtyTrac, an Irvine, Calif.-based real estate data and analytics firm. In the Charlotte-Concord-Gastonia statistical area, the median ...Read More »
The developers of the 88-acre Waverly project on Providence Road are clearing the land and have pulled a $3.53 million permit to begin construction on a medical building. The building will be the first to go up in the multi-use ...Read More »
Those flipping a home in the Charlotte region in the third quarter saw dramatic increases in their gross profits and return on investments when compared with the second quarter. The average gross profit for the Charlotte-Concord-Gastonia metropolitan statistical area was ...Read More »
President Barack Obama’s decision to weather a Republican backlash and reform immigration regulations could have a significant impact on the housing market. In allowing millions of undocumented residents to work legally and avoid the threat of deportation, Obama is opening ...
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CHARLOTTE – Levine Properties has announced plans to build a 105-unit boutique apartment community just south of Plaza Midwood. Levine bought three parcels of land totaling 1.2 acres along Commonwealth Avenue in Chantilly for about $2 million in October, according ...Read More »
Campus Crest Communities Inc. is selling nine properties it had planned to develop, including one near UNC Charlotte, as part of its “strategic repositioning” away from developing and building off-campus student housing, according to a statement. Charlotte-based Campus Crest has ...
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Scheduled foreclosure auctions in October jumped 288 percent year over year in North Carolina, 132 percent in the Charlotte metropolitan statistical area, and 267 percent in Mecklenburg County, according to housing data provider RealtyTrac. The state’s increase was second only ...
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