In today's home-selling market, it's difficult for buyers to qualify for needed mortgage financing and for sellers to find capable buyers. It's a scenario that calls for unconventional thinking and action.
Charlotte officials say they have enough hotel and motel rooms to handle the crowds. But some residents listed their homes just in case people wanted an alternative to hotels. They're banking on landing visitors who didn't plan ahead and also targeting big groups with deep pockets.
Under the proposal, the city would do away with some restrictions on where duplexes are allowed, essentially opening the door for them to pop up in places where they might have previously been banned.
The brightest star in today's real estate market is rentals. And further growth in this market segment is expected in coming months.
Not long after the Democratic National Committee announced that Charlotte had been selected for its 2012 convention, local homeowners perceived a one-of-a-kind opportunity. But many homeowners with dollar signs in their eyes are still waiting for takers.
Karla Knotts, co-owner of Knotts Builders, often trumpets the benefits of owning a home in Clover, S.C., and driving to work in Charlotte. She reasons: Who wants to pay those high North Carolina property taxes when they can save as much as $45 a month by living in the Palmetto State? But she doesn’t have [...]