The University of North Carolina at Charlotte’s Belk College of Business is launching a master of science in real estate degree program that will begin in August. “In good times and bad, the commercial real estate industry is one of the key drivers of the economy,” Belk Dean Steven Ott said in a news release. [...]
Alan Banks looks back at 2006 fondly. A principal at Evans Coghill Homes in Charlotte, Banks said the company’s business has been nearly cut in half since a peak in 2006, when it built about 25 homes. This year, ECH plans to build only 13 homes with an average price of $400,000, which is about [...]
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 [...]
Real estate sales are down in the Charlotte area. So who’s to blame? The downturn in the housing market? The economy? According to some agents and industry watchers, it’s stubborn sellers’ fault. Far from motivated, such homeowners are operating under the assumption that they can get back from their property just as much if not [...]
Peggy Beck has seen this all before. To Beck, a property owner who lives about a half-mile from the Foxhole landfill on U.S. Route 521, the brouhaha over the possible expansion of the dump gives her déjà vu; she was there when the facility was first proposed in the 1980s. Now, she and other property [...]
With some public schools in the county set to consolidate or close after changes approved this month, many in the public are wondering about the impacts. But the changes, such as shifting popular and high-performing academic programs from one neighborhood to another, could affect more than parents and students. Experts say the major changes set [...]