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Encouraging Signs For Black Homeownership Rate as it Rebounds From Historic Lows
Posted by: Staff Report on 2020-05-18
Recent trends in the black homeownership rate show an increasing number are becoming homeowners. The homeownership rate for black households jumped 3.4 percentage points over the second half of 2019, bringing it from a three-decade low to back near historic averagesi. A deeper analysis by Zillow® revealed some metro areas across the U.S. where…
Zillow Predicts Shrinking Homes and a Stable Market in 2020
Posted by: Staff Report on 2020-02-12
After extraordinary home value growth characterized a frenzied housing market in 2017 and 2018, this year’s slowdown felt like a welcome return to normalcy in much of the country. Zillow® predicts more of the same in 2020, with the market stabilizing near historic norms. Changing tastes as Millennials make up a growing share of home…
Charlotte Regional Realtor Association celebrates groundbreaking
Posted by: Staff Report on 2018-03-22
Joe Rempson – 2014 President Charlotte Regional Realtor Association; Roger Cobb – Selwyn Properties; Grey Poole – Selwyn Properties; Larken Egleston – Charlotte City Council – District 1; Pat Cotham – Mecklenburg County Commissioner At-Large; Jason Gentry – 2018 President, Charlotte Regional Realtor Association; Anne Marie DeCatsye, Esq. – Charlotte Regional Realtor Association CEO;…
INVESTORS’ CORNER: 10 Rules for staying in the flipping business
Posted by: Staff Report on 2018-02-06
By Jeff Johnson Thou shalt not overpay for investment property – Every successful investor knows you make your money when you buy property, not when you sell it. Do not rely on market escalation for your profit……ever. Thou shalt not underestimate repairs – The only other flipping sin that will put you on the fast…
KASS: When renters live in a foreclosed-upon house
Posted by: Benny Kass on 2017-06-09
Q:     My wife and I and our two teen-aged children have rented a nice house near the high school for many years. We have religiously paid the rent on a timely basis. We just learned that our landlord’s bank is about to foreclose on the house. Where does that leave us? Will we be thrown…
INVESTORS’ CORNER: To invest in rental properties, make offers
Posted by: Tyler McCracken on 2017-01-19
Sometimes you’ve got to keep making offers until the right investment property, business, or stock/bond investment connects. Often it can be seen in the eyes of those new to the world of investing; they come to real estate investment groups, buy books or courses, talk the talk; but 2-3 years into the concept of investing they…
DOT ordered to appraise Map Act properties, pay owners
Posted by: Phillip Bantz on 2016-10-05
After waiting since the 1990s for the North Carolina Department of Transportation to pay for taking their homes, businesses and other properties through Map Act filings, hundreds of residents are going to have to wait a little longer. But the end appears to be near. Bryant Forsyth County Superior Court Judge John Craig has ordered…
Council members question SouthEnd development
Posted by: Roberta Fuchs and Sharon Roberts on 2016-06-21
Charlotte City Council members on Monday said they want the council’s Housing and Neighborhood Development Committee and city planning staffers to review the types of housing that are needed in the SouthEnd area and whether recent and planned development there is meeting those needs. FCD-Development Inc. is seeking a rezoning to build apartments, offices, retail…
Grounded: Rising land, construction costs threaten building boom
Posted by: Scott Baughman on 2016-04-28
https://youtu.be/N1ZCwbAnvv4 If Charlotte’s development climate – and blistering apartment-construction rate – are currently a day at the beach, beware storm clouds on the horizon. That was the message of a Bisnow panel of developers from across the residential, commercial and industrial sectors at the Duke Mansion on Thursday. A crowd of about 50 gathered to…
Shareholders approve sale of Starwood Hotels to Marriott
Posted by: The Associated Press on 2016-04-11
NEW YORK – Marriott International has cleared one of its major hurdles on its journey to acquire rival Starwood and become the world’s largest hotel chain. Shareholders in both Marriott and Starwood Hotels & Resorts Worldwide Inc. approved the $14.41 billion sale Friday morning. The vote puts an end to a hectic month in which…

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