Although home sales in the Charlotte market dropped off in August from July, they are at an eight-year high for the first eight months of the year, according to RealtyTrac. Sales of single-family residences and condos grew to 22,262 between ...Read More »
Residential Real Estate
The Charlotte region and North Carolina are following much of the nation in seeing more properties reverting to bank ownership. But there’s good news, too. Fewer homes are falling into foreclosure. According to RealtyTrac, the number of bank repossessions in ...Read More »
Two real estate brokers have lost their licenses following actions by the North Carolina Real Estate Commission. The commission revoked John Horohoe’s, who was with Cerwin and Co. in Charlotte, license because in February he was caught going through the ...
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Three more people have been sentenced to federal prison for their involvement in the mortgage fraud scheme prosecutors dubbed Operation Wax House. Nathan Shane Wolf, 44, of Charlotte, was sentenced Wednesday to seven years in prison and three years of ...
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The North Carolina Real Estate Commission has permanently revoked Denetria Montresa Myles’ real estate brokerage license. The commission’s action last month comes after Myles, 44, was convicted in October 2013 in the U.S. District Court for the Western District of ...Read More »
Realtors and buyers are becoming more resourceful and creative in order to find properties in light of a continuing dearth of housing inventory. The area’s growth and homeowners’ reluctance to sell have caused a shortage in available houses for sale, ...Read More »