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

Real estate is one of the strongest sectors in North Carolina’s economy. That’s according to a quarterly forecast from University of North Carolina at Charlotte economist John Connaughton. Finance, insurance and real estate are expected to experience an increase in ...

Ron Morgan used to be an architect and developer who took the buildings that symbolized the past of the Charlotte region — textile mills and furniture plants — and redesigned them as temples to urbanism and an eco-conscious future. But, ...

Construction employment in North Carolina fell 2.8 percent in October from the same month a year ago, the Associated General Contractors of America said this week. The state lost 4,900 construction jobs during the period, bringing total construction employment to ...

Tagged with: Associated General Contractors of America

Lexie Longstreet had what appeared to be the perfect homebuyer. The woman had a credit score of 800 and had saved enough for a 20 percent down payment on a condo in Plaza Midwood, an up-and-coming Charlotte neighborhood. The homebuyer ...

Tagged with: Fannie Mae Freddie Mac

With the construction industry still staggering like a punch-drunk boxer, companies looking for ways to raise some money might want to consider this: Sell that backhoe. If they can part with their machinery — and with the market continuing to ...

Tagged with: Blythe Development Co.

The former Premiere Manufacturing Knitting Co. plant in Morganton has a new lease on life, since it’s now home to City Hall and residential and commercial properties. About 10 years ago, the 100,000-square-foot Burke County building was a decaying hulk ...

Tagged with: David Walters Joe Morris Salisbury

As the construction industry’s unemployment rate hit 13.7 percent, the sector lost 20,000 jobs from September to October, the Associated General Contractors of America said late last week. The losses stemmed from continued declines in the public sector, the Arlington, ...

Tagged with: Associated General Contractors of America Ken Simonson

There might be price stabilization in the Charlotte real estate market soon, the chief economist for the National Association of Realtors said this week. Lawrence Yun, speaking Tuesday to 236 real estate professionals during a Charlotte Regional Realtor Association event, ...

Tagged with: Charlotte Regional Realtor Association Lawrence Yun National Association of Realtors

The chief economist for the National Association of Realtors will make a presentation on “Real Estate Market Trends and Housing Forecast” at an event hosted by the Charlotte Regional Realtor Association. The event featuring Lawrence Yun will run from 9:30 ...

Tagged with: Charlotte Regional Realtor Association National Association of Realtors

Tim Eldridge’s job gives him a front-row seat to the problems created by the shortage of workers in the construction industry. But he’s hoping some training programs will give the Carolinas a boost when the economy improves. Lives in: Mountain ...

Tagged with: Associated Builders and Contractors