Mecklenburg Times: News for Mecklenburg, Union and Iredell counties Real Estate, Development, Construction, and Community News in the Charlotte area and throughout Mecklenburg, Union and Iredell counties

The median home price in blue counties nationwide rose 13.1% from a year earlier to $346,000 during the four weeks ending September 6, according to a new analysis from Redfin (www.redfin.com). Prices rose 11.5% to $259,500 in swing counties, and ...

Tagged with: home prices

Freddie Mac (OTCQB: FMCC)hasannounced the appointment of Christian M. Lown as Executive Vice President and Chief Financial Officer. Lown was previously EVP and CFO at Navient Corporation. He succeeds Donald F. Kish, who has served as Interim CFO since December ...

Tagged with: Freddie Mac

By Julie Havlak Carolina Journal News Service RALEIGH — North Carolina’s local governments face a grim financial future. Tyrrell County may offer a sobering preview. The inland northeastern county, bordered by the Albemarle Sound and the Alligator River, has the ...

Tagged with: Tyrrell County

Amerlux, an award-winning design-and-manufacture lighting company, announced today that it has launched a series of innovative wall-mount luminaires that feature plenty of options to complete any interior space for architects and lighting designers. The Rook 350 Wall Mount solutions, which ...

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  Cushman & Wakefield has released the first renderings for the 370,000-square-foot, Class A+ trophy tower in the heart of the South End Submarket at the corner of East and South Boulevard in Charlotte, North Carolina. The iconic tower will ...

Tagged with: Cushman & Wakefield

Homeowners 62 and older saw their housing wealth grow by 1.6 percent or $120 billion in the first quarter to a record $7.54 trillion from Q4 2019, the National Reverse Mortgage Lenders Association reported today in its quarterly release of ...

Tagged with: housing wealth

Freddie Mac has released the results of its Primary Mortgage Market Survey® (PMMS®), showing that the 30-year fixed-rate mortgage (FRM) averaged 2.90 percent. “Mortgage rates set several record lows over the last few months and have remained low into September,” ...

Tagged with: Freddie Mac

Frampton Construction Company, LLC, a full-service construction firm providing planning and design support, preconstruction, and construction services, has been named one of the 40 fastest-growing companies in South Carolina for 2020 by SC Biz News.  Twenty large companies and 20 ...

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    Laurel Street and the Little Rock Community Development Corporation (CDC) are pleased to announce their partnership to create a sustainable and inclusive apartment community located at Seventh and Alexander streets adjacent to the Little Rock Cultural Center. The ...

Tagged with: Apartments

Mortgage lenders’ profit margin outlook for the next three months increased even further due to strong consumer demand, according to Fannie Mae’s Q3 2020 Mortgage Lender Sentiment Survey®. According to the third quarter survey, 48% of lenders believe profit margins ...

Tagged with: mortgages