In the fall of 2012, a retired real estate broker named Mary Ella Hutchinson formed a small group dedicated to helping people in Franklin County save their homes from foreclosure. Her supporters say she’s kept scores of people in their ...Read More »
Residential Real Estate
Some 45 percent of the home equity credit lines slated to reset with higher monthly payments over the next four years in the Charlotte region are on properties that are seriously underwater, according to a new report by RealtyTrac. Generally, ...Read More »
Buying a house in the Charlotte region continues to get more expensive. Sales prices for existing homes, including distressed sales, increased 4.5 percent in January from a year ago. On a month-over-month basis, existing-home prices in the Charlotte-Concord-Gastonia metropolitan statistical ...Read More »
HUNTERSVILLE – After months of negotiations, the Board of Commissioners on Monday night approved a rezoning and sketch plan for Epcon Communities’ age-restricted subdivision, the Courtyards at Kinnamon. Epcon hopes to start construction on the 94-lot subdivision by early fall, ...Read More »
It’s a great housing market in Charlotte – if you have money. While new home construction was up slightly in the fourth quarter, median incomes are not keeping up with home-price appreciation and the rising cost of land, labor and ...
Tagged with: Metrostudy fourth quarter 2014 new home startsRead More »
Reversing its own opinion from just seven months ago, the North Carolina Court of Appeals held recently that wrongfully maintaining encroaching structures – not only constructing new ones – does, in fact, constitute a daily trespass. After taking a second ...Read More »
House flippers in the Charlotte region saw decreases in their gross profits and returns on investment in the fourth quarter when compared with the third quarter. The average gross profit for the Charlotte-Concord-Gastonia metropolitan statistical area was $41,678 in the ...Read More »
WESLEY CHAPEL – Property owners seeking de-annexation from the town are putting pressure on the Village Council to establish more flexible zoning codes that would allow for denser residential development, and a state senator has said he will file a ...Read More »
Home prices in the Charlotte market rose 3.6 percent in December from a year earlier, according to the Standard & Poor’s/Case-Shiller Home Price Index. Charlotte metro prices inched up 0.2 percent in December from November. The year-over-year increase was the ...
Tagged with: Case-shiller home price index December 2015Read More »