Keeping a roof over one’s head is becoming increasingly difficult for a majority of American households, whether they own or rent. New research conducted by the nonprofit MacArthur Foundation found that 52 percent of adults have had to make some ...Read More »
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CHARLOTTE – A study by Harvard University found that the country’s rental housing market was the main benefactor of the housing-bubble burst that sent the U.S. careening into the its worst recession since the Depression. But the study, titled “America’s ...
Tagged with: Camden Property Trust Charles Dalton Charlotte apartment market Childress Klein Crescent Communities Greater Charlotte Apartment Association Harvard University Joint Center for Housing Studies Ken Szymanski Real DataRead More »
Rental property owners in Pineville will not be required to provide their contact information to the town. Ed Humphries, Pineville’s interim administrator, said that the town council decided to scrap the requirement during its meeting Sept. 10 and that the proposal will not come back.Read More »
Charlotte-based Crescent Resources has sold its Circle at South End apartment complex for $74 million. That is easily a record for properties that were designed and built as multi-family rentals," said Ken Szymanski, executive director of the Greater Charlotte Apartment Association.Read More »
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 ...Read More »
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 ...
Tagged with: Apartment Association of North Carolina Carolina United Realty Greater Charlotte Apartment Association Jim Acord Joe Rempson John Lee Ken Szymanski North Carolina Association of Realtors North Carolina Real Estate Commission Southern Piedmont/Charlotte Better Business Bureau Tom Miller TR Lawing Realty Will MartinRead More »
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 ...
Tagged with: Apartment Association of North Carolina Coldwell Banker United Realtors DAO and Associates Realty Debbie Osborne Dustin Read Greater Charlotte Apartment Association Ken Szymanski Susan CarsonRead More »
In the past year since Charlotte’s rental ordinance took effect, 643 properties have surpassed the city’s threshold for crime. That means, in theory, that Charlotte-Mecklenburg Police Department officials should have met with the owners of 643 properties, of which 553 ...Read More »
When Mecklenburg County’s assessor’s office releases its 2011 revaluation of commercial properties in March, apartment owners may be surprised at how little their properties have increased in value since the last revaluation in 2003. Chuck Hicks, the county’s revaluation manager, ...Read More »