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Have niche, will target (access required)

By Tara Ramsey, staff writer
Published: November 26,2011

Just like in any business, Raphael Goldstein needed to build his clientele when he became a real estate agent 12 years ago. So, the Venezuela native decided to reach out to a niche group, one that he was familiar with: Latinos. At night, he’d thumb through the phone book, looking for Latino-sounding last names. “I [...]


Homebound: Many Charlotte-area 
owners are staying put in 
the downturn rather than downsizing (access required)

By Scott Baughman
Published: September 23,2011

News stories, pundits and blog entries across the U.S. have recently trumpeted the return of the smaller home as consumers look for ways to cut expenses as the economy limps along. But the trend has skipped over the Charlotte area, industry officials say. “Big, small: The size does not matter,” said Lori Lindsey, executive officer [...]


Islamic real estate deals require faith in lending (access required)

By Tara Ramsey, staff writer
Published: July 12,2011

Last year, Gastonia real estate lawyer Keith Hance found himself facing a home closing involving financing that complied with Islamic law. He looked into the law, also known as Shariah, but in the end he passed on the closing at a time when the real estate market was still down and many in the business [...]


Report gives insight into foreclosures, but picture might be incomplete (access required)

By Sam Boykin, staff writer
Published: June 24,2011

This month, the Charlotte Regional Realtor Association rolled out a new report designed to give more insight into the volume of foreclosures and short sales taking place in the Charlotte area. The report, free to CRRA members and the public, focuses on so-called lender-mediated real estate activity. But while the report helps to shed some [...]


As more homes go ‘underwater,’ real estate agents enjoy wave of sales (access required)

By Sam Boykin, staff writer
Published: June 14,2011

About 40 real estate agents filed into the Bank of America Home Loans building in SouthPark June 1 for a crash course in short sales, an often-tricky transaction that’s been on the rise in Charlotte. Attorney Jaime Kosofsky and real estate agent Jonathan Osman conducted the class. “It’s gotten huge,” Kosofsky said of the number [...]


Just how bad is the foreclosure problem? That’s a good question, Charlotte experts say (access required)

By Sam Boykin, staff writer
Published: May 27,2011

Jim Kluth remembers in the 1980s when real estate agents, hoping to get first dibs on foreclosed properties, would hang around the Mecklenburg County Courthouse and regularly dig through public records looking for new foreclosure filings. Today, such information is more readily available and accessible, thanks to the Internet. But Charlotte-area experts say the glut [...]


Housing market shows signs of life, agents say (access required)

By Sam Boykin, staff writer
Published: May 13,2011

With the Great Recession still packing a punch, the sweet spot for Charlotte’s residential real estate market continues to be homes priced at $120,000 or less. But real estate agents say a growing number of people with deeper pockets are starting to buy homes in the half-million-dollar range. Both sectors offer a glimmer of hope [...]