Tag Archives: Homebuilding

US construction spending up 1 percent in November (access required)

WASHINGTON  — U.S. construction spending rose in November at the strongest pace in more than four years, driven by solid gains in home construction and commercial projects. The Commerce Department said construction spending increased 1 percent in November to a ...

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Developing news: Commercial projects likely to increase (access required)

Retail follows rooftops. It’s the old real estate adage explaining how commercial development responds to residential development. So the recent growth in homebuilding and homebuying in the Charlotte market – which is expected to continue into 2014 – will likely be accompanied by increased commercial development over the next two years, even if developers are still cautious about the overall economy.

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M/I Homes buys yet more Cabarrus County land, announces another new subdivision (access required)

M/I Homes Charlotte is on a self-developing rampage. The local division of the Columbus, Ohio-based homebuilding giant just closed on a deal to purchase 225 acres of raw land in Harrisburg to develop and build a 297-home subdivision named Blume, according to Tamara Lynch, M/I Charlotte vice president for sales and marketing.

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March: Homebuilding comes in like a lion


New home starts in Mecklenburg County for 2013 continued their surge in March, as did new home prices. As of March 31, the county had issued 834 building permits for the benchmark detached single-family home. That’s up nearly 33 percent over the first three months of last year, according to an analysis of county records.

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