One new home in M/I Homes’ Heritage at Neel Ranch community has an especially meaningful purpose. More than $200,000 from the sale of the Mooresville home will benefit Pelotonia, a leading national non-profit that funds innovative cancer research. M/I Homes, ...
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CBRE has announced the $23.6 million sale of two Extra Space Storage facilities outside of Charlotte. Lakeland Village acquired the portfolio from an undisclosed private investor. Morgan Windbiel, Senior Vice President with CBRE’s Self Storage Advisory Group, represented the seller in ...
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Read More »Crescent Communities has announced the sale of NOVEL LoSo Station, one of the many multifamily communities the company has developed within the Charlotte market, to Mid-America Apartment Communities (“MAA”). “Since opening, we have watched NOVEL LoSo Station transform into a flourishing community, proving the ...
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ATTOM has released its second-quarter 2022 U.S. Residential Property Mortgage Origination Report, which shows that 2.39 million mortgages secured by residential property (1 to 4 units) were originated in the second quarter of 2022 in the United States. That figure was ...
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Read More »Construction employment in July continued to trail pre-pandemic levels in 15 states as contractors struggled to find qualified workers to fill openings, according to a new analysis of federal employment data released by the Associated General Contractors of America. Association ...
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Read More »After years in development, Sun West Mortgage Company, Inc. (SWMC), a national leader in Mortgage Originations and Servicing, has launched the newest iteration of their proprietary AI platform Morgan™. Sun West’s novel application of open ledger technology is ground-breaking and ...
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Read More »Existing-home sales sagged for the sixth straight month in July, according to the National Association of Realtors®. All four major U.S. regions recorded month-over-month and year-over-year sales declines. Total existing-home sales,[1] https://www.nar.realtor/existing-home-sales, completed transactions that include single-family homes, townhomes, condominiums and co-ops, ...
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Read More »Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing that the 30-year fixed-rate mortgage (FRM) averaged 5.22 percent. “The 30-year fixed-rate went back up to well over five percent this week, a reminder that recent volatility ...
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Read More »Despite escalating mortgage rates and slumping home sales in the second quarter of 2022, a greater number of markets experienced double-digit annual price gains compared to the prior quarter, according to the National Association of Realtors®’ latest quarterly report. Eighty percent ...
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Beauxwright, LLC, is proud to announce the launch of Northerly Townhomes, a new for-sale residential development located off Statesville Avenue in North Charlotte, 1.5 miles from both Uptown and the North Davidson Arts District (NoDa). Beauxwright is developing this unique ...
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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
