Economy

Nov 24, 2015

Lancaster Co. approves 310-home subdivision

The Lancaster County Council voted 6-0 on Monday night to approve the third and final reading of an ordinance for a development agreement on a proposed 310-home subdivision. District 1 […]

Nov 10, 2015

They’ve come, now build it: Uptown ripe for retail after apartment boom

The time is right for uptown retail, Chris Hemans told commercial Realtors on Tuesday. Follow this link for video of his comments.

Oct 23, 2015

Cash sales decline on local home purchases

The share of homes that were bought with cash in the Charlotte area fell 2.9 percentage points in July from a year earlier, according to real estate information and analytics […]

Oct 21, 2015

Lowe’s CEO donates $2.5M to Belk College

UNC Charlotte alumnus and Lowe’s Cos. Inc. Chief Executive Robert Niblock has donated $2.5 million to the school’s Belk College of Business. The funds will support the college’s Student Center […]

Oct 21, 2015

2 more Charlotte cleaning company execs charged with fraud

CHARLOTTE – Two more former high-level executives at Charlotte-based cleaning company Swisher Hygiene have been charged in connection with an accounting fraud case. Former Chief Financial Officer Michael Kipp, 61, […]

Oct 12, 2015

Supreme Court extends protection for loan guarantors

An appellate decision against a community bank nestled in the foothills of North Carolina is going to have a ripple effect on banks and borrowers of all types throughout the […]

Short sales
Oct 9, 2015

Distressed sales in Charlotte area on decline

The Charlotte area has seen a large drop in distressed-property sales, according to real estate analytics firm CoreLogic. The share of all homes that were bought in short sales or […]

Oct 7, 2015

Swisher Hygiene, accountant charged in fraud

The office of the U.S. Attorney for the Western District of North Carolina has filed criminal charges against Swisher Hygiene Inc. and a former senior-level corporate accounting employee in connection […]

Sep 22, 2015

Economic experts say Charlotte’s economic future looks good

A panel of economic development and business professionals said Monday that Charlotte’s economic future for the most part looks bright, but there are some reasons to be concerned, such as […]

Sep 21, 2015

US home sales slide in August after 3 months of solid gains

WASHINGTON — U.S. home sales slid in August by the most since January as tight supplies and rising prices discouraged potential buyers. The National Association of Realtors said Monday that […]

Sep 15, 2015

Charlotte-area homeowners regain footing

The number of Charlotte-area homeowners owing more on their mortgages than their homes are worth fell in the second quarter on both an annual and quarterly basis, according to real […]

Aug 19, 2015

Appeals court rules against state in $10.4M tax dispute

The North Carolina Department of Revenue has struck out for the third time in its historic $10.4 million tax dispute with a wealthy Raleigh couple that dodged the state’s taxman […]

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