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US construction spending rises to highest level in 8 years
WASHINGTON (AP) — U.S. construction spending jumped in October, fueled by solid gains in home building and the largest increase in federal construction in nine years. The Commerce Department said […]
Fed moves to bar bailouts of failing firms
WASHINGTON (AP) — Federal Reserve officials have moved to prevent the central bank from bailing out failing companies, a power it exercised during the 2008 financial crisis. The Fed governors […]
No empty nest: Young women live like it’s 1940
Young women are living with their parents or relatives at a rate not seen since 1940 as more millennial women put off marriage, attend college and face high living expenses. […]
US new-home sales rebound in October after September plummet
WASHINGTON – Sales of new homes recovered in October after suffering a steep drop in September, indicating a return to stability in the housing market. The Commerce Department says new-home […]
US home sales slump in Oct. as higher prices weigh on buyers
WASHINGTON – Fewer Americans bought homes in October, a sign that rising home values may be pushing more would-be buyers to the real estate market’s sidelines. The National Association of […]
House launches probe of Rep. Pittenger but will defer to FBI
RALEIGH, N.C. (AP) — The House Ethics Committee said Thursday that it will delay a probe into Republican U.S. Rep. Robert Pittenger while federal authorities investigate his family’s business. The […]
Wells Fargo names Sloan president, chief operating officer
SAN FRANCISCO (AP) — Wells Fargo & Co. is naming a long-time company veteran its president and chief operating officer, a new position. The San Francisco-based bank said Tuesday that […]
Average US rate on 30-year mortgage slips to 3.97 percent
WASHINGTON (AP) — Average long-term U.S. mortgage rates edged slightly lower this week after two straight weeks of sharp increases. Expectations persist that the Federal Reserve may soon raise its […]
Oct. home construction slumps on fewer apartment buildings
WASHINGTON (AP) — Apartment construction plunged sharply in October, as the pace of homebuilding slipped amid a broader cooling of the real estate market. Housing starts — both houses and apartments— […]
Bill clears House to curb pay of CEOs of Fannie, Freddie
WASHINGTON (AP) — Legislation that has cleared the House would curb the pay of the CEOs of government-controlled mortgage giants Fannie Mae and Freddie Mac, overriding regulators’ approval of nearly […]
Home Depot beats Street 3Q forecasts on sales boost
NEW YORK (AP) — The Home Depot Inc. reported its profit rose 12.2 percent in its fiscal third-quarter as sales gained ground, fueled partly by a continued housing market recovery. Its […]
Consumer prices rise slightly in October
WASHINGTON (AP) — The costs of food, gasoline, shelter and medical care rose last month, yet inflation continues to run at low levels ahead of a December Federal Reserve meeting […]
Latest News
- A rising number of rentals drives down rent prices for third straight month
- CP Group announces four new leases at Harris Corners in Charlotte
- Developer files plans for 384-acre mixed-use project in Kings Mountain
- Equity improves for U.S. homeowners as housing market boom shows signs of revival
- Construction firms add 19,000 jobs in July as sector’s unemployment level hits 3.9 percent
- Profits on home sales rebound across U.S. in second quarter as housing market revives
- 47% of employees say they’ll quit if employer orders return to office full time
- U.S. housing market avoids crash, but challenges remain for buyers and sellers
- Rate-lock tipping point: Homeowners are nearly twice as willing to sell if their mortgage rate is 5% or higher
- Equity improves for U.S. homeowners as housing market boom shows signs of revival
- 50 Most Influential Women announced
- Frampton Construction completes Delta Industrial Park facility
Features
- SCORE Charlotte intake team honored in matching potential new client needs with one of the chapters 72 volunteers
- Bidding Wars – 6 Tips to Help a Homebuyer Win the Bid
- ABC Carolinas Construction Conference Features New SC Chamber CEO, Bob Morgan as Keynote
- How to Buy Your First Home
- Buying and Selling in the time of COVID-19
- PERSONNEL FILE: Peters joins Showcase Realty
- PERSONNEL FILE: Mellor joins Henderson Properties of Charlotte
- REZONING ROUNDUP: Greenway Residential Development seeks rezoning of 12.3 acres
- PERSONNEL FILE: Berkshire Hathaway HomeServices recieves award
- PERSONNEL FILE: McCarty has joined LS3P
- PERSONNEL FILE: Graham joins Paragon Bank
- PERSONNEL FILE: Bowman is licensed professional engineer
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