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Construction and Real Estate

Hurdles remain to plug county’s affordable-housing gap (access required)

According to the Out of Reach 2010 report from Washington, D.C.-based National Low Income Housing Coalition, more than 40 percent of renters in Charlotte cannot afford the fair-market rate for a two-bedroom rental unit. The report says a Charlotte renter ...

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Waiting Game (access required)

With so much talk about subprime mortgages, a housing bust and foreclosures, it might be hard to believe that home values have increased since the last time Mecklenburg County had a tax revaluation. Believe it, said Chuck Hicks, revaluation manager ...

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Mortgage rates drop to record lows

Average mortgage rates dropped this week to lowest levels on record, according to Charlotte-based LendingTree. As of Tuesday, average home loan rates offered by LendingTree network lenders dropped week over week to 4.35 percent for 30-year fixed-rate mortgages, 3.81 percent ...

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More Meck foreclosures expected (access required)

So far this year, Mecklenburg County residential foreclosure filings are down by 525 from the same period last year. In the first eight months of 2009 there were 8,285 filings in the county, down 7 percent from 7,760 filings this ...

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Burning issue (access required)

Most people flip a light switch or turn on their TV without ever considering what happens to the byproducts created when coal is burned to generate power. But coal ash, one of the byproducts of burning coal, has become a ...

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Trash is treasure to Charlotte businesswoman (access required)

The saying “One man’s trash is another man’s treasure” holds especially true for Charlotte businesswoman Linda Holden. Raised by Depression-era parents who didn’t believe in throwing anything away, Holden applies her parents’ principles to her construction and demolition business, The ...

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