It is a not exactly a fixer-upper, but not fully made over, either: a vinyl-sided bungalow – not large, not small – around 1,800 square feet. But it is in just the right spot – on the Dilworth side of Freedom Park – and went on the market at just the right time.
It’s the time of year to make predictions about the rest of the year. But when it came to speculating on what Charlotte-area’s real estate market will be like in 2012, The Meck Times’ newsroom denizens said they were still recovering from the holidays and unable to make an educated guess.
DEAR BENNY: I own two homes. In my will and my trust, I have assigned a beneficiary for each of the properties. However, I would like for the properties to cede to a nonprofit once the designated beneficiary dies, rather than the properties being successively willed to beneficiaries of their choosing. Is there any means to make this happen? – Jerry
While America seeks to recover from economic devastation, the nation of Iraq is hard at work trying to recover from physical devastation after almost a decade of conflict in the Iraq War. One place that financial experts over there are looking for recovery is the housing market.
Lynn Burnett didn’t have the greatest year in 2011.
As an agent for Charlotte-based real estate firm Allen Tate, Burnett said 2011 handed her one of the toughest markets she’s ever seen in her eight years working for the company.
Still, it was a better year than 2010, she said, if only because more people were buying.
Bottom Dollars spotlights the lowest bidder on a construction project. Geen Khoo said the city of Charlotte was ecstatic when the bids came in for the Coulwood area sidewalk project. The city estimated the project would cost $2.34 million, Khoo, the city’s project manager, said. But when bids were opened Oct. 20, Charlotte-based Ferebee Corp. [...]
These Walls takes a close look at the history behind Charlotte-area buildings. Palmer Fire School was almost extinguished. Mecklenburg County had condemned the historic building and was ready to demolish it. That’s when Dan Morrill, director of the Charlotte-Mecklenburg Historic Landmarks Commission, stepped in with a proposal. “I said, ‘Let’s see if we can come [...]
The number of home sales recorded by the Charlotte Regional Realtor Association rose 8.7 percent in November when compared to November 2010, the group reported today. But on a month-to-month basis, the 1,686 closings in November were down 10.4 percent from the 1,882 in October. November’s average sale price of $192,472 was down 10.3 percent [...]
The Town of Marvin will not be annexing some 1,476 properties in Union County. On Dec. 6, the Union County Board of Elections certified petitions submitted by landowners in the area opposing the annexation.
Gulfeagle Supply, a Tampa-based commercial and residential roofing distributor, recently purchased 2004 Bancroft Street, a 33,000 square-foot facility that now houses the company’s Charlotte operations. Located just north of Uptown near the intersection of North Graham and West 24th Streets, the building more than doubles Gulfeagle’s inside storage capacity for roofing products and also provides [...]