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

DETROIT  — Volvo Cars is planning to build its first-ever U.S. assembly plant as part of a push to increase sales here. The $500 million plant will be Volvo’s first car plant in North America. The Swedish automaker says it ...

WASHINGTON (AP) — More Americans signed contracts to buy homes in February, evidence that the spring buying season could open strong after sluggish sales for much of the winter. The National Association of Realtors said Monday that its seasonally adjusted ...

Tagged with: National Association of Realtors

ALBUQUERQUE, N.M.  — Bernalillo County commissioners have punted a final decision on the future of a planned community west of Albuquerque that developers say could someday be home to as many as 90,000 people. Commissioners decided Thursday to schedule another ...

WASHINGTON – Federal aviation officials, battered by complaints that bureaucratic hurdles are preventing industries from realizing the economic benefits of drones, announced Tuesday that they are streamlining rules to expedite permits to fly small, commercial unmanned aircraft. The Federal Aviation ...

RICHMOND, Va. – The U.S. Consumer Product Safety Commission said Wednesday it is investigating Lumber Liquidators’ Chinese-made laminate flooring following a national TV broadcast that raised concerns over levels of formaldehyde. Chairman Elliot F. Kaye said Wednesday the agency is ...

WASHINGTON  — Sales of new U.S. homes in February climbed to their fastest pace in seven years, as an otherwise dormant housing market showed fresh signs of life. The Commerce Department said Tuesday that new-home sales shot up 7.8 percent ...

Tagged with: Commerce Department

WASHINGTON  — An investigation by the Federal Reserve has found no evidence that market-sensitive information was deliberately leaked from its interest-rate policy meeting in September 2012. The Fed said in a summary of its investigation, provided to Congress on Monday, ...

Tagged with: Federal Reserve

ATLANTA  — Ocwen Financial plans to sell a portfolio of approximately $25 billion in mortgage servicing rights to a subsidiary of Nationstar Mortgage Holdings Inc. The portfolio includes about 142,000 loans owned by Freddie Mac and Fannie Mae. Atlanta-based Ocwen ...

NEW YORK – Collectors, designers and developers looking for their next statement piece will get a chance to find one at a large auction of salvaged historical artifacts. Urban Archaeology, a former salvage company that years ago switched to manufacturing ...

CHARLESTON, S.C. – Eight decades after Charleston passed the nation’s first historic preservation ordinance to protect its picturesque city of old pastel buildings and quiet gardens, there’s concern that the design of new buildings is not as good as that ...