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Home sales continue to show year-over-year gains (access required)

Home sales continue to show year-over-year gains <span class="dmcss_key_icon"><img alt="(access required)" src="/files/2013/10/lock1.png" border=0/></span>

Home sale trends in the Greater Charlotte residential real estate market continue their upward, post-recession arc, according to the latest monthly figures released Tuesday morning by the Charlotte Regional Realtor Association.

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Government shutdown: Impact small so far on Charlotte housing, banking (access required)

It might be roiling Washington, D.C. and its suburbs, but, so far, the government shutdown is having little effect on Charlotte’s real estate and banking markets.

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Setting the stage for a sale (access required)

Setting the stage for a sale <span class="dmcss_key_icon"><img alt="(access required)" src="/files/2013/10/lock1.png" border=0/></span>

Call it the HGTV effect. Home buyers have high expectations when it comes to a new home. You have to grab them in the first seven to 10 seconds or they move on.

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Home wasn’t built in a day; it took a day and a quarter (access required)

How do you build a house in 30 hours? Help. Lots of help, like 150 around-the-clock volunteers, a handful of professional supervisors and a dozen paid AmeriCorps interns. If there was a third "H" in Habitat for Humanity, Frank Spencer said, it would stand for help, on which the organization depends for its existence.

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One Charlotte Realtor loses license; another surrenders his (access required)

A Charlotte-area realtor has lost her license but has managed to keep her business after fully refunding the company’s trust fund. Julie Edwards Van Slambrook, the broker-in-charge and co-owner of First Properties of the Carolinas, was stripped of her real estate license in March after it was learned that she embezzled nearly $100,000 of client funds held in trust.

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New protections for struggling Nevada homeowners (access required)

A new Homeowner's Bill of Rights, SB 321, aims to eliminate the runaround some homeowners got from banks by requiring lenders to assign homeowners a single person to contact. It bans dual-tracking, in which a bank pursues a foreclosure at the same time a homeowner is working on a short sale. And it eliminates "arm's length" rules, in which banks barred people from buying distressed properties from their relatives or other close associates.

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Wall Street taps Main Street: Investment firms looking for return on Charlotte’s rental homes (access required)

Wall Street taps Main Street: Investment firms looking for return on Charlotte’s rental homes <span class="dmcss_key_icon"><img alt="(access required)" src="/files/2013/10/lock1.png" border=0/></span>

Led by the behemoth Blackstone Group, the largest alternative investment company in the world, institutional investors are buying a lot of single-family homes in Charlotte, fixing them up, renting them out and holding onto them to see if they rise in value. One of every five houses sold in May, June and July in the Charlotte market went to big investors, a higher percentage than in any other market but Atlanta.

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