This is the kind of real estate market that could drive one to drink. And for those who needed to take the edge off, Timberstone Homes had you covered at the Charlotte Regional Realtor Association’s expo Tuesday. Visitors to Timberstone’s booth at The Blake Hotel were served mimosas and wine, even though stronger stuff probably [...]
This could be the year.
There is a cautious optimism being felt across the Charlotte homebuilding industry.
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. With the home-construction industry suffering, Crest has been buying up unsold homes of other builders [...]
M/I Homes in Charlotte had a good enough 2010 to make it near the top of the Homebuilders Association of Charlotte’s list of top builders. In the listing, released last month, the company was ranked second out of Mecklenburg County’s top 30 builders for the number and value of building permits from January to November. [...]