You’re either fer it, or you’re agin it, as they say in the mountains of western North Carolina, and that’s true of possible legislation that REBIC will either back or oppose this year on the other end of the state in Raleigh, where the state legislature is in session.
"As buyers begin to meet prices, there will be an upward pressure on prices," he said. "There are an increasing number of buyers coming on the market, more buyers and fewer homes. We’ve even had some multioffer situations. Not many, but some."
Real estate agent Eric Locher thought he was going to serve on the Charlotte-Mecklenburg Planning Commission another three years — until he went to church and learned otherwise. Locher said it was at church that his replacement, Tony Lathrup, broke the news to him that Mayor Anthony Foxx wasn’t going to reappoint him to the [...]
Cheryl Littlefield’s ideal home was pulled right out from under her. Located near Revolution Park just west of Uptown Charlotte, the 1,200-square-foot, three-bedroom brick ranch-style home was just what Littlefield was looking for. And priced at $49,000, the foreclosed home was a bargain. “All it needed was carpet, appliances and some very minor repair work,” said [...]
As more of the country’s biggest financial institutions and mortgage lenders are pulled into the ongoing controversy involving questionable foreclosure processes, many predict the situation could have a chilling effect on the country’s already battered economy and real estate market. Some, though, say it could have a bright side. Last week, Charlotte-based Bank of America [...]