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

A fifth straight month of shrinking inventory year-over-year triggered several November records in the 11-year history of the RE/MAX National Housing Report: fewest Days on Market at 49, fewest Months Supply of Inventory at 3.3, and the highest Median Sales ...

Tagged with: housing

The job market awaiting creative and marketing professionals in the new year is a good one, research from staffing firm The Creative Group suggests. According to the latest State of Creative Hiring data, 67% of advertising and marketing managers anticipate ...

Tagged with: creative

Millennial home buyers are more active on social media, are more stressed out by the home-buying process, and plan to entertain more at home than other generations, according to the 2019 Better Homes & Gardens New Home Buyers report, which ...

Tagged with: home buyers

U.S. renters spent a cumulative $4.5 trillion on rent during the 2010s, according to a new Zillow® analysis. That’s more than the GDP of Germany or the combined market values of Apple, Microsoft, Amazon and Alphabet. In 2019 alone, renters ...

Tagged with: rent

New data shows a notable mismatch between those hoping to own a home one day and those who believe they’ll be able to afford it. WalletJoy’s 2020 Hope for Homeownership Report found that 59% of Americans believe owning a home ...

Tagged with: home ownership

By Victoria Kauffman, Keller Williams Ballantyne-Area Realtor So, you think you may want to sell your house? It’s a big decision, and not one to be taken lightly!  Every seller will have different reasons and different goals. Most importantly, you ...

Tagged with: Keller Williams

Mortgage lenders’ profit margin outlook for the next three months remains on solid ground, according to Fannie Mae’s Q4 2019 Mortgage Lender Sentiment Survey®. This quarter, 44% of lenders believe profit margins will remain about the same compared to the ...

Tagged with: mortgage lenders

U.S. renters spent a cumulative $4.5 trillion on rent during the 2010s, according to a new Zillow® analysis. That’s more than the GDP of Germany or the combined market values of Apple, Microsoft, Amazon and Alphabet. In 2019 alone, renters spent ...

Tagged with: Zillow

The Q4 2019 USG Corporation + U.S. Chamber of Commerce Commercial Construction Index (Index) shows confidence levels among contractors are down after a record high last quarter. Labor shortages continue to negatively impact the construction industry, though over 70% of ...

Tagged with: Inside Tract

Freddie Mac (OTCQB: FMCC) has released the results of its Primary Mortgage Market Survey® (PMMS®), showing that the 30-year fixed-rate mortgage (FRM) averaged 3.73 percent, ticking up from last week. “With Federal Reserve policy on cruise control and the economy ...

Tagged with: Inside Tract