A new national report issued by the U.S. Commerce Department found that in July new housing starts increased significantly to an eight-month high, after two months of disappointing results. But do the numbers reflect a sustained rebound or a momentary ...Read More »
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CHARLOTTE – Despite higher numbers across the board in the second quarter – in new home starts, closings and prices – don’t yet bet the house on a sustained residential construction recovery. New-home permits are down, inventory is low, desirable ...Read More »
CHARLOTTE –Call Wendy Field one of the post-recessionary urban pioneers, a bellwether for what expert observers say is a slowly re-emerging trend in Charlotte multifamily development: Small for-sale town house projects – and even a few condo efforts – in ...
Tagged with: "Irish Travelers Bernard Helm condominiums David Weekley Homes Frank Martin Jim Burbank Market Opportunity Research Enterprises metrostudy Michael Barnes New Carolina Income Properties Saussy Burbank town houses Wendy Field ConsultingRead More »
Luxury homes, a property niche that was hit hard by the recession, is back in popularity with buyers. Following the recent recession, interest in large and expensive homes dropped dramatically as homebuyers showed preferences for smaller, more affordable homes. But ...Read More »
Like nails out of its own coffin, the Charlotte region’s residential construction industry pulled nearly 9,500 building permits in 2013, rising from the ashes like a phoenix with a tool belt and hammering out its best year since the housing ...
Tagged with: bill saint building permits Case-Shiller Charlotte-Gastonia-Rock Hill metro area Classica Homes CoreLogic D.R. Horton Hanley Wood Home Builders Association of Charlotte M/I Homes Market Opportunity Research Enterprises Mecklenburg County Code Enfocement metrostudy Publix PUlteGroup's Del Webb division RealtyTrac single-family residential construciton Sun City Carolina Lakes U.S. Census BureauRead More »
The dollars and sense of density: Huntersville petitioners make the financial case for conservation subdivisions
HUNTERSVILLE – Single-family residential density vs. the price of land and its development. That’s the crux of one of the hottest residential real estate development debates in many of the municipalities just outside Charlotte, and it received one of its ...
Tagged with: Alex Burnette Bart Hopper beckett conservation subdivisions Cornelius Davidson former Mayor Gary Knox hopper communities Huntersville Board of Commissioner Jack Simoneau Kathi Ingrish Matthews metrostudy Mint Hill Mirabella Omsted WeddingtonRead More »
“New-home sales are way up, so much so that we’re selling off our inventories, which are still historically below accepted equilibrium levels,” said Alan Banks, president of the Home Builders Association of Charlotte.Read More »
For many, 13 is a dreaded number, a cursed pair of digits to be avoided at all costs. But ’13 might be a year of luck and plenty for some Charlotte-area developers and real estate and construction companies. Our 13-part series will take a look at companies and people expected to be among the busiest and biggest newsmakers this year.Read More »
“The builders will have to be financially qualified with effective business models and financial discipline," said Bill Bickett, who is spearheading the creation of the Charlotte-based division of the bank. "But smaller builders have had more problems getting financing. We’ll be looking at loans from $2 million to $6 million. That’ll be our sweet spot.”Read More »