CHARLOTTE – The City Council voted 10-1 Monday night in favor of paying Bank of America and Wells Fargo a total of $5 million in exchange for the two banks writing off $14.1 million in principal and an estimated $3.5 ...Read More »
Commercial outlook 2015: Population and job growth expected to support apartments, offices, industrial space
While the rapid growth of apartments in the Charlotte region has some industry professionals concerned that vacancy rates could rise in the near future, they believe job growth and projected population growth will fill the supply in the long run. ...
Tagged with: Cardinal Real Estate Partners Charlotte Chamber of Commerce Childress Klein Crescent Communities Frank Warren John Culbertson Lincoln Harris Mark Vitner Piedmont Properties Portman Holdings Spectrum Properties Wells FargoRead More »
The affordability of Charlotte’s housing has reached its lowest point since the second quarter of 2011, according to an index released Thursday by the National Association of Home Builders and Wells Fargo. In the third quarter, 67.2 percent of new ...Read More »
NEW YORK — The federal government said Thursday that it reached a $5 million settlement with Wells Fargo to resolve allegations it discriminated against pregnant women, new mothers and women on maternity leave. The U.S. Department of Housing and Urban ...Read More »
Some 150 people from the Charlotte-area business community attended The Mecklenburg Times’ “Future Charlotte – Building a Vision” inaugural breakfast forum at Byron’s South End on Wednesday morning. The event, sponsored by CREW Charlotte, featured a panel of community leaders ...Read More »
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 »