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Staking the ground: Toll Brothers and Ryland increase market share; Meritage moves in (access required)

Staking the ground: Toll Brothers and Ryland increase market share; Meritage moves in <span class="dmcss_key_icon"><img alt="(access required)" src="/files/2013/10/lock1.png" border=0/></span>

Goldman Sachs, the global investment banking firm, put out a report naming Charlotte and Jacksonville, Fla., as the two hottest new housing markets in the country, based on population growth, cheap land and economic fundamentals. And in the post-recession, still-recovering era, Goldman picked three national production homebuilders as good stock investments, predicting they would grow in value by as much as 24 percent this year. Two of them have been charging into the Charlotte market in major ways since the market bottomed out in 2010: Toll Brothers Ryland Group.

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Yet another scam targets Mecklenburg County’s many vacant properties

It was August, and Crest Properties had just bought a 3,100-square-foot house at 1614 Meadowlark Landing Drive in the Lawing Pond neighborhood in Charlotte. The subsidiary of Indianapolis-based Timberstone Homes had planned to renovate, and then sell, the 4-year-old home. ...

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