Home builder confidence rose in June, a new survey from the National Association of Home Builders-Wells Fargo Housing Market Index shows. After fluctuating for several months, the index is now just one point shy of the threshold considered good for ...Read More »
The Cornelius Board of Commissioners voted 4-1 on Monday to approve a conditional rezoning of 40.5 acres for the development of a new 94-home community which will be known as Avery Park. Commissioner David Gilroy dissented on the rezoning and ...Read More »
About 2 million homeowners who got a reprieve on their high mortgage rates five years ago through a loan modification process are about to be in for a shock as the loans hit the reset button. It’s not clear whether ...Read More »
Bidding wars: Competition fierce as foreclosed Mecklenburg County homes auctioned in the hall of justice
An open secret is the best way to describe the foreclosure auction process for homes in Mecklenburg County. Held twice a week on the ground level of the Mecklenburg County Courthouse, foreclosure auctions generate interest with professional investors, curiosity seekers ...
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Prices in the Charlotte market continued to rise in May even as sales activity declined from the past year. The Charlotte Regional Realtor Association report shows that May sales fell 6.5 percent from last year’s levels, but were up 6.8 ...Read More »
With the Charlotte housing market on course for a second year of healthy rebound, real estate professionals across the region are reassessing lessons learned from the housing debacle that nearly derailed the economy, and taking stock of what has changed ...Read More »