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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]