CHARLOTTE – Developers are betting on the booming rental market, with several filing rezoning requests with the city to add apartments across Charlotte. Others are promoting townhome and single-family construction, both with and without mixed uses. The largest project by ...Read More »
Charlotte-area home sales continued their upward trajectory in June as a double-digit drop in inventory left prospective buyers with increasingly limited options. The number of homes sold in the 12-county region rose to 4,434 last month, up 22 percent from ...Read More »
With rents rising so quickly in the Charlotte metro area, landlords can expect increased profits this year. And, for those in the market for a new home, it is still less expensive to purchase a property than to rent a ...Read More »
National homeownership rates haven’t been this low since the Dow Jones skyrocketed to a record high 3,793, junk-bond king Michael Milkin dined cafeteria-style with a prison-issued spork, and Nancy Kerrigan got whacked with a collapsible baton an inch above her ...Read More »
Existing homes in the Charlotte area, including distressed sales, appreciated 7.6 percent in May from a year earlier, according to CoreLogic’s Home Price Index report. Existing-home sales prices in the Charlotte-Concord-Gastonia metropolitan statistical area grew 1.4 percent in May from ...Read More »
WASHINGTON — U.S. home prices increased at a solid clip in April, led by double-digit jumps in Denver and San Francisco. The Standard & Poor’s/Case-Shiller 20-city home price index rose 4.9 percent in April from 12 months earlier, roughly the ...Read More »
Mecklenburg County ranks among the ten worst counties in the United States when it comes to affordability and accessibility for low-down-payment borrowers, including first-time and boomerang homebuyers. According to RealtyTrac, the Charlotte-Gastonia-Concord region came in 363rd out of 370 counties ...
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Finding guidance from out-of-state court decisions in considering a first-impression issue, the South Carolina Court of Appeals held on June 17 that without supporting documentation, a loan purchaser is barred by the hearsay rule from giving testimony regarding the loan’s ...
Tagged with: mortgageRead More »