WASHINGTON (AP) — Sales of existing U.S. homes plummeted in January to the worst pace in 18 months. Cold weather, limited supplies of homes on the market and higher buying costs held back purchases. The National Association of Realtors said Friday that ...Read More »
Residential Real Estate
The burden of student loans is taking its toll on a generation who cannot afford to buy or, in some cases, even rent their own homes. And experts are warning that the failure of millenials to achieve the American Dream ...
Tagged with: 100 years Federal Reserve Clear Point Consumer Counseling Services Consumer Financial Protection Bureau First Financial Services household creation Joel Childress Rohit Copra student loan debt YAshica AndersonRead More »
HUNTERSVILLE – The effort to bring clustered residential subdivision provisions to the town zoning ordinance took another step in a long journey this week when the town planning staff unveiled its density recommendations. But one Huntersville resident at the Feb. ...Read More »
Wall Street is at it again, slicing and dicing securities, hoping to sell pieces of the pie to investors hungry for better returns. But instead of offering investors bonds backed by mortgages, private equity firms are looking at new financial ...
Tagged with: American Homes 4 Rent blackstone group Center for American Progress House Financial Services Committee invitation homes Jeb Hensarling Mark Takano Norbert Michel Patrick McHenry RealtyTrac REO-to-rental Robert Pittenger Sarah Edelman single-family rental securities Tricon Capital GroupRead More »
A panhandle apart: The needs of northern Lancaster County’s bedroom community differ from the rural rest
INDIAN LAND – Two homeowners in the state-line straddling Bridgehampton subdivision dialed 911 to report a prowler. Sirens wailing, five Charlotte-Mecklenburg Police Department cars converged on the home of one of the callers within minutes. A quarter of an hour ...Read More »
Conservation subdivisions in rural areas. Clustering smaller lots in transitional zones. New urbanism developments in higher-density centers. Those are the financial mantras of residential developers in the Charlotte region, as undeveloped land becomes scarcer and costlier in many areas, market ...
Tagged with: Civic By Design cluster conservation subdivisions Dawn Blobaum Doug Boone Greener PRospects higher density development Jack Simoneau National Association of Home Builders new urban Randall Arendt residential development Stratford Hall Tom LowRead More »
CHARLOTTE – In the latest round of rezoning petitions submitted to the Charlotte-Mecklenburg Planning Department, just about the entire menu of living quarters have been proposed. Developers are looking to add apartments, single-family homes, a community for senior citizens and ...
Tagged with: Affordable Housing Group of North Carolina apartment project Charlotte city council Charlotte-Mecklenburg Planning Department Golden Triangle #2 Kyle Short Lat Purser & Associates Levine Properties Metropolitan rezoning The Drakeford Group Wilkison PartnersRead More »
Two mortgage brokers are being sued by the U.S. Attorney’s Office for making fraudulent statements in order to obtain loans used in speculative real estate deals in Charlotte during the heady days before the housing crash. Joshua Hankins of Charlotte ...Read More »
While new listings were up from January 2013, sales of homes in the Charlotte area were flat in January 2014, data from the Carolina Multiple Listing Services show. Sales rose 0.4 percent year-over-year, with 2,169 properties sold last month compared ...Read More »
Friction between homeowners associations and the residents they govern is a real issue for Charlotte residents. About 120 residents turned out on Feb. 6 at Davidson Day School for “Your HOA and You: Who Rules the Neighborhood?” – a panel ...
Tagged with: Bob Brethen Davidson Day School foreclose Greg Collard Homeowners Association Horack Talley Michael Hunter N.C. legislature Rep. Rodney Moore Stephens Grove HOA WFAE-FM Your HOA and You: Who Rules the NeighborhoodRead More »