Four people involved in a mortgage and investment fraud scheme that investigators dubbed Operation Wax House were sentenced this week, including three of its leaders. Those involved were convicted on charges relating to the theft of more than $75 million ...Read More »
Residential Real Estate
Charlotte City Council approved several rezoning requests Monday night, including petitions allowing the construction of single-family and multifamily developments in north and south Charlotte. The council also denied a request to build a convenience store and gas station in east ...Read More »
The number of home sales in February that were paid for with cash in the Charlotte area fell 0.4 percentage points from February 2014, according to real estate information and analytics provider CoreLogic. Cash sales in the area accounted for ...
Tagged with: cash home sales CoreLogic February 2015Read More »
Residential loan originations on single-family homes and condos in the Charlotte-Concord-Gastonia area grew 19 percent to 14,225 in the first quarter from 12,000 a year ago, according to recent data from RealtyTrac. The refinancing of home loans grew 23 percent ...
Tagged with: RealtyTrac loan originationsRead More »
CHARLOTTE – The region’s homes experienced the nation’s fifth-biggest increase in median sales price — 17.7 percent — in the first quarter compared with the first quarter of 2014, according to the National Association of Realtors. Mark Vitner, managing director ...Read More »
Prospective homebuyers are confronting rising prices as competition heats up for the Charlotte area’s dwindling inventory. The supply of homes in the 12-county region has been in a 3.9-month slump for three consecutive months, according to the Charlotte Regional Realtors ...Read More »
Lennar Homes Inc. is hosting a grand opening May 16 at Waterside at Catawba, a 496-acre residential development under construction in Fort Mill. The property, off Whites Road and north of JW Wilson Road, will feature 1,142 single-family homes on ...Read More »