Karla Knotts, co-owner of Knotts Builders, often trumpets the benefits of owning a home in Clover, S.C., and driving to work in Charlotte. She reasons: Who wants to pay those high North Carolina property taxes when they can save as much as $45 a month by living in the Palmetto State? But she doesn’t have [...]
North and South Carolina have long been rivals. Sports teams. Job markets. Tourism. All have been battlefields for the two states. In the real estate industry, there’s yet another way the two states are compared: property tax rates. For the most part, South Carolina is the winner when it comes to having a lower rate. [...]
In 2005, the state Division of Water Quality slapped Karla Knotts and her husband’s Pineville-based real estate brokerage company, Knotts-Greylock, with a $57,816 fine. The basis for the fine: A tire rut in their Greylock subdivision development in Matthews. In the eyes of the DWQ, the rut was a temporary stream that helped the development [...]
In Mecklenburg County, developers and builders feel like a row of dominoes is about to come crashing down on them. They say the cumulative effect of new ordinances is going to put a serious hurting on commercial and residential development — and the county’s efforts to rebound from the recession. The new ordinances — most [...]
In the next few years, Charlotte’s suburban streets could look different. Blocks could be smaller. Sidewalks could be wider and further away from the road. There could be more trees along the roads. The changes would be included in the city’s subdivision ordinance, part of the Urban Street Design Guidelines developed by the Charlotte Department [...]