Charlotte-area home sales are seeing a decreasing amount of distressed properties in the mix. The percentage of real estate owned and short deals among all home sales has dropped several percentage points this year and is lower than the national ...Read More »
Developers target retirees, transit-oriented projects: Rezoning requests submitted for residential and office mixed-use projects
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 »