WASHINGTON — The nation’s four biggest banks slashed billions of dollars from mortgages and other debts, enough to satisfy their obligations under a national mortgage settlement that stemmed from so-called robo-signing. A report on Tuesday from the monitor overseeing the ...Read More »
While the Charlotte real estate market remains affordable relative to many other U.S. markets, there is growing evidence that many middle class, professional families cannot afford to buy a home.
Tagged with: Charlotte-Mecklenburg Housing Partnership Cottingham Chalk Hayes Dustin Read Julie Porter Keith Thompson Lawrence Yun Mayor Patsy Kinsey National Association of Home Builders Prudential Carolinas Realty UNC Charlotte Wells Fargo ZillowRead More »
One Wells Fargo Center, which was taken off the market after a deal to purchase it collapsed in July, could be up for sale again as soon as January, according to Hal Kempson, director of capital markets for CBRE. "Childress Klein will decide upon the first of next year (when) they'll do it," Kempson said Tuesday. "One Wells Fargo is going to go back up for sale."
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In the second quarter, Bank of America and Wells Fargo abandoned a combined 197,820 square feet of uptown office space, according to Karnes Research. The good news for tenants is that, according to industry officials, rents haven’t been impacted by the BofA and Wells Fargo vacancies.Read More »