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

MOORESVILLE, N.C. (AP) — Lowe’s reported weak sales growth at existing stores, its second-quarter profit was short of most expectations and the company cuts its profit expectations for the year, sending shares down sharply before the opening bell Wednesday. For ...

Tagged with: Lowe's home improvement

ELIZABETH CITY, N.C. (AP) — As the largest windfarm in the southeastern United States takes shape near Elizabeth City some people are concerned about plans for a second wind farm with even larger turbines a short distance away near the ...

Tagged with: wind farms

NEW YORK (AP) — Mid-America Apartment Communities Inc. is buying rival real estate investment trust Post Properties in a deal worth about $3.9 billion. The deal brings together two companies that owns or operates rental communities in several southern cities, ...

Tagged with: Apartments

MOORESVILLE, N.C. (AP) — A developer is planning to add a $1 million indoor sports facility to a former mill complex in Mooresville. Michael Bay tells The Charlotte Observer that he intends to build an indoor basketball court, an indoor ...

Tagged with: Mooresville

CHARLOTTE, N.C. (AP) — Harris Teeter is looking to hire nearly 3,000 new employees, including 600 in the Charlotte area. The North Carolina-based grocer tells media outlets in a news release that the available positions range from part-time cashiers and ...

Tagged with: Harris Teeter

MOORESVILLE, N.C. (AP) A gun store owner who’s never run for office has a good chance at becoming North Carolina’s newest congressman after winning a crowded primary in a topsy-turvy election season. The improbable political ascent of Republican Ted Budd ...

This is the latest in a series of Associated Press stories about how the U.S. housing market has evolved in the 10 years since the market peaked. DETROIT (AP) — Ann and Oscar Mack had fallen behind on property taxes ...

Tagged with: housing recession detroit

RALEIGH (AP) — North Carolina’s insurance commissioner had plenty of justification to reject a request by insurers to raise homeowners’ premiums by an average of 25 percent, the state Court of Appeals ruled Tuesday. Instead, Insurance Commissioner Wayne Goodwin imposed a ...

Tagged with: homeowners insurance rate court

WINSTON-SALEM, N.C. (AP) — A federal judge lobbed tough questions at GOP lawyers Monday as he considered whether to block a North Carolina legal measure governing transgender bathroom access, asking pointedly how the law was making people safer. The Republican lawyers ...

Tagged with: LGBT

CHARLOTTE, N.C. (AP) — A House Republican opposed to building toll lanes on Interstate 77 in Charlotte is resigning from office and taking his name off November’s ballot. Several news outlets reported that Rep. Charles Jeter sent out a news ...

Tagged with: state legislature