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

American homeowners are paying $100 billion more in loan interest payments when lower-cost options are available, according to new research published today by Figure Technologies (Figure), a leading digital home equity lender. The research shows that millions of homeowners are ...

Tagged with: interest rates

The U.S. housing market showed signs of becoming increasingly competitive as inventory continued to tighten with a drop of nearly 98,000 listings, compared to this time last year, according to realtor.com®‘s October 2019 housing trend report* released today. At the ...

Tagged with: housing inventory

Home value growth is slowing compared to recent years, but that hasn’t made affording one any easier, especially for younger generations. A majority of home buyers (55%) make some sort of financial sacrifice, like cutting their entertainment budget or reducing ...

Tagged with: Millennials

Redfin, the technology-powered real estate brokerage, has released findings from a national survey of real estate agents. The comprehensive survey sought to uncover the state of the real estate agent profession in the United States in terms of career fulfillment ...

Tagged with: Realtors

Nearly two years after U.S. housing inventory hit its lowest levels in recorded history, the market is showing signs it may be headed for another shortage, according to realtor.com®‘s September 2019 housing trend report released today. Data show increased demand ...

Tagged with: housing inventory

Nationally, just 11 percent of offers written by Redfin agents on behalf of their homebuying customers faced a bidding war in September, according to a new report from Redfin (www.redfin.com), the technology-powered real estate brokerage. The bidding war rate was down from ...

Tagged with: bidding

The housing market is posed for a shift that could affect buyers well into 2020 — the resurgence of national inventory declines. According to realtor.com®‘s July 2019 Monthly Housing Trend report released today, in just a few months* buyers may begin to ...

Tagged with: housing inventory

  Americans for the Arts honored “Wanderwall,” the 18,000 sq. ft. sculpture by New York-based artist Marc Fornes/THEVERYMANY and located at NOVEL Stonewall Station in uptown Charlotte, among 50 outstanding public arts projects created in 2018 through the Public Art Network Year ...

Tagged with: Crescent Communities Wanderwall

Realtor.com®, The Home of Home Search™, today released its August 2019 housing trend report, which registered the first U.S. inventory decline in a year. Conversely, August data also shows an earlier than usual seasonal slowdown in the national median listing price as ...

Tagged with: housing inventory

The net profit margin outlook for mortgage lenders turned positive for the first time in nearly three years, due primarily to strong demand expectations for both purchase and refinance mortgages, according to Fannie Mae’s Q2 2019 Mortgage Lender Sentiment Survey®. “Lenders ...

Tagged with: lenders