By Scott Baughman
Published: September 13,2011
Kevin Higgins is a busy guy. Higgins, a Charlotte contractor and owner of THS National, and his employees have been working hard all spring and summer. But they aren’t building homes; not many contractors are, thanks to the housing market slump. Instead, companies like Higgins’ are enjoying an uptick in apartment renovation work, a welcome [...]
By Tara Ramsey, staff writer
Published: August 30,2011
This month, 61-year-old John Lee was out in the cold — or, rather, the August heat — when he was evicted from his south Charlotte rental home near the airport. Although he was behind on rent for June, which is what started the eviction process, he says Carolina United Realty, the 4108 Park Road-based property [...]
By Scott Baughman
Published: August 26,2011
With a glut of distressed properties slowing down the U.S. real estate market, Washington bureaucrats are considering renting out hundreds of thousands of foreclosed, government-owned homes as a last-ditch effort to help the market. On Aug. 10, the Federal Housing Finance Agency sent out a request for information asking the nation to submit ideas on [...]
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