By TOM KRISHER AP Auto Writer DETROIT (AP) — Shares of General Motors Co. closed at a record high Thursday after the company said its efforts to manage the global computer chip shortage have worked better than expected, so it’s ...
Tagged with: General Motors Stock
Read More »Despite a disruptive pandemic, investor demand for multifamily real estate was strong in 2020, according to a newly released Yardi® Matrix Bulletin. Around 252,000 apartment units were absorbed last year. That’s about 1.7% of total market stock and down 12% from ...
Tagged with: Multifamily housing
Read More »The latest Paychex | IHS Markit Business Employment Watch shows that small business hiring held mostly steady in February. The Small Business Jobs Index moderated -0.03 percent to 93.97. Wages are trending in a positive direction to begin 2021. Both hourly earnings ...
Tagged with: jobs and wages
Read More »Despite double-digit increases in home prices and a record low number of homes for sale, buying is becoming more affordable in a growing number of the nation’s largest cities, according to a new buy versus rent analysis released by realtor.com®. The analysis, which ...
Tagged with: homebuyers
Read More »The Menagerie Hospitality Group, a local food and beverage collective, is excited to open The Vintage Whiskey and Cigar Bar at 215 E. Worthington Ave. in Charlotte’s South End. A private club, membership is required for entry to The Vintage. Details on ...
Tagged with: cigar bar
Read More »WASHINGTON (AP) — In April, the Biden administration announced plans to share millions of COVID-19 vaccine doses with the world by the end of June. Five weeks later, nations around the globe are still waiting — with growing impatience — ...
Tagged with: vaccines
Read More »Asking prices of newly-listed homes hit a new all-time record of $330,225, up 10% from the same time a year ago, according to a new report from Redfin (www.redfin.com), the technology-powered real estate brokerage. In a typical year asking prices do not pass ...
Tagged with: home prices
Read More »Elevation Real Estate Group, a Charlotte-based real estate company, in partnership with Great Lakes Capital, recently completed the purchase of 18.6 acres of land at the southeast corner of Charlotte Highway (Highway 21) and East Waterlynn Road in Mooresville, North Carolina. The ...
Tagged with: Multifamily housing
Read More »Fulcrum, Charlotte’s newest real estate development company, has announced a new marketing campaign for its first project, The Fulcrum, in Charlotte’s South End. Simultaneously, the company is announcing they will start demolition of the site between the middle and end of ...
Tagged with: Fulcrum
Read More »By DAMIAN J. TROISE AP Business Writer Stocks are broadly higher in afternoon trading on Wall Street Monday as investors regained an appetite for risk after the market notched two straight weeks of losses. The S&P 500 index was up ...
Tagged with: Bitcoin
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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
