The capital-gains tax, mortgage-backed securities, small-business concerns, banking stability, interest rates, the “fiscal cliff,” the mortgage-interest deduction — and jobs, jobs, jobs. When they consider what the outcome of Tuesday's presidential election might be, those are but some of the issues that Charlotte-area builders, developers and real estate agents bring up.Read More »
“Cornelius has so much it has to offer now with all the retail and restaurants in the area, the excellent schools, let alone the natural attraction of the lake and its two parks, Jetton Park on Lake Norman and Ramsey Creek Park," said Classica Homes owner Bill Saint.Read More »
Like a college student sneaking into class 15 minutes after it’s started, a trendy way of leasing to such students has quietly made its way across parts of Charlotte. But the method — renting out single bedrooms in an apartment — has caught the attention of, and become alarming to, city officials who are now considering creating rules for what has become an unregulated practice.
Tagged with: student housingRead More »
Nate Bowman missed his train by about 14 years. A developer and owner of Huntersville-based Bowman Development Group, he said he has been waiting on the Charlotte Area Transit System to finish the commuter-rail project known as the Red Line since 1998.Read More »
One Wells Fargo Center, which was taken off the market after a deal to purchase it collapsed in July, could be up for sale again as soon as January, according to Hal Kempson, director of capital markets for CBRE. "Childress Klein will decide upon the first of next year (when) they'll do it," Kempson said Tuesday. "One Wells Fargo is going to go back up for sale."Read More »
On Oct. 8, Todd Noell gave the Charlotte City Council some grim news. Noell, a consultant with Atlanta-based Noell Consulting, who was at the council meeting to present his company’s findings on the availability of affordable housing in the city, said Charlotte is woefully short on such housing.
Tagged with: affordable housingRead More »