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

The Q1 2018 USG Corporation + U.S. Chamber of Commerce Commercial Construction Index (Index), reveals nearly two-thirds of contractors are highly confident that demand for commercial construction will increase over the next year, however, continued concerns around labor shortages have put even ...

Tagged with: Commercial Construction

New construction homes accounted for 16.4 percent of all single-family homes for sale in the fourth quarter of 2017, up from 14.2 a year earlier, according to Redfin (www.redfin.com), the next-generation real estate brokerage. The median price of new single-family ...

Tagged with: construction

Outbox Self Storage is expanding into two new markets in the Carolinas with the acquisition of the former Triple SSS storage in Mooresville and the construction of a new facility in Myrtle Beach, S.C. At 100,000 rentable square feet, the ...

Tagged with: Self storage

Construction spending in January was unchanged from December and was moderately higher than in January 2017, according to an analysis of new government data by the Associated General Contractors of America. However, association officials said further gains, especially in desperately ...

Tagged with: construction spending

Forty-one straight months of inventory declines and housing price gains are prompting buyers to expand their home search beyond their immediate metro markets to under the radar secondary markets, according to a new report by realtor.com, a leading online real ...

Tagged with: Housing market

According to job site Glassdoor, the annual median base pay in the United States grew 0.9 percent year over year in January 2018 to $51,364. The Glassdoor Local Pay Reports show pay growth ticked down slightly from a revised 1.0 ...

Tagged with: wages

  National homebuilder and developer Taylor Morrison has opened a new, expanded design studio in uptown Charlotte. Located in 4,200 square feet at The Foundry on South Cedar Street, the studio opened last month, relocating from West Morehead Street. Taylor ...

Tagged with: Taylor Morrison

MRI Software, a global leader in real estate software solutions, recently conducted a survey revealing that 42 percent of commercial and multifamily real estate owners and operators rely at least partly on spreadsheets or paper-based processes to manage properties. The ...

Tagged with: Millennials

New changes to U.S. tax laws led 41 percent of survey respondents to lower their long-term expectations for the U.S. housing market, according to the 2018 Q1 Zillow Home Price Expectations Survey. The quarterly survey, sponsored by Zillow and conducted ...

Tagged with: taxes

The record speed of January home sales may signal that buyers aren’t waiting around for the typical spring selling season to begin. Despite home sales being down 2.8 percent year-over-year, the February RE/MAX National Housing Report shows homes sold in ...

Tagged with: home sales