The Charlotte metro area reached a new peak in median home prices last year, rising to $173,000 in July. The Charlotte-Concord-Gastonia region is one of 17 metro areas out of 92 nationally where prices reached the top of the market ...Read More »
Residential Real Estate
Childress Klein has announced plans for a mixed-use development on 7.1 acres across the street from SouthPark Mall on Sharon Road. The site is home to Sharon United Methodist Church, which will be redeveloped as part of the project. “We ...Read More »
CHARLOTTE – With homeownership rates down to a 20-year low and affordable rental rates an anachronism from a bygone age, the United States is facing a housing situation that is “worse now than in the Great Depression.” That’s according to ...Read More »
The Sharon Towers retirement development in SouthPark broke ground last week on phase one of an independent-living building dubbed Magnolia Villas. The move is a reflection of seniors’ growing demand for amenities and living on their own while having the ...Read More »
WESLEY CHAPEL – Donut holes. That’s how residents at a town meeting Monday night described parcels of land that could be de-annexed from the village if a local bill filed by state Sen. Tommy Tucker passes. Mayor Brad Horvath called ...Read More »
A Raleigh homeowners association told Cindy Block that she could build and maintain a handicap ramp as long as it conformed to standards and was the same color as the home’s siding. The Blocks also, the association said, were responsible ...Read More »
Developers are tapping into the 76 million-strong baby boomer market, with active-adult construction taking off over the last couple of years. Sparked by pent-up demand, a mini-revolution in senior housing is occurring as a generation of nonconformists seeks a lifestyle ...
Tagged with: active adult communities baby boomer housing Courtyards at Kinnamon Epcon Communities Jacque Petroulakis National Association of Home Builders Pam Simms Paul Emrath PulteGroup Inc. Sun City Carolina Lakes The Villages at Oak TreeRead More »
Mecklenburg County and the Charlotte metro area saw mixed results in a survey of scheduled auctions and bank repossessions on foreclosed properties last month, according to real estate information and analytics provider RealtyTrac. Bank repossessions in the county dropped 58 ...
Tagged with: RealtyTrac February 2015 foreclosuresRead More »
Homebuyers across the nation put down an average of 14 percent of the purchase price when buying a home last year. That translated into an average down payment of $32,141, according to RealtyTrac, which analyzed loan and sales data on ...
Tagged with: RealtyTrac 2014 down payment percentageRead More »