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

For the 10,000 adults who retire each day, many are ready to embark on their next journey, often in the form of relocating their primary residence. The 55places 2019 National Housing Survey asked nearly 3,000 recent and prospective homebuyers to ...

Tagged with: senior housing

Just as the summer heat continued into September, home sales across the Charlotte region heated up as well.  According to data from Canopy MLS, sales increased 8.3 percent in September 2019 over home sales from a year ago, with 4,162 ...

Tagged with: residential listings

When it comes to selling a home, factors that traditionally have been harder for sellers to control — like uncertainty about timing and price — cause the most stress. That’s according to the 2019 Zillow Group Consumer Housing Trend Reporti, ...

Tagged with: selling

After a decade’s worth of demographic and economic shifts, the U.S. has seen significant change in the balance between renters and homeowners according to a new ValuePenguin.com report. Most notably, the study found that millennial homeownership rates fell 20% in ...

Tagged with: rent

Piedmont Properties / CORFAC INTERNATIONAL announces the sale of 3232 South Blvd. in Charlotte.    The seller, Shuman Company, is one of Charlotte’s oldest manufacturing companies and sold the industrial building of +/-28,000 square feet on 1.74 acres for $4.4 ...

Tagged with: CORFAC International

Construction employment increased by 7,000 jobs in September and by 156,000, or 2.1 percent, over the past 12 months, while the number of unemployed jobseekers with construction experience reached a record low for September, according to an analysis of new ...

Tagged with: construction

What a difference a year makes. In November 2018, higher mortgage rates and increasing inventory characterized the U.S. housing market. This November, the number of homes for sale fell nearly 10 percent year-over-year in a market where low interest rates ...

Tagged with: Housing market

Ten percent of offers written by Redfin agents on behalf of their homebuying customers faced a bidding war in November, down from 29% a year earlier and hovering at the 10-year low for the 5th consecutive month, according to a ...

Tagged with: bidding

The construction industry is in the middle of a transition toward new business models that are technology- and data-driven, better collaboration between stakeholders, and higher productivity. The increasingly aging workforce and digitization are prompting greater investments in workforce management and ...

Tagged with: construction

The Fannie Mae (OTCQB: FNMA) Home Purchase Sentiment Index® (HPSI) increased 2.7 points in November to 91.5, reversing the decline from last month and re-approaching the survey high set in August. Three of the six HPSI components increased month over ...

Tagged with: HPSI