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 construction industry added 19,000 employees in September as it boosted wages for hourly workers at the fastest rate in 40 years, according to an analysis by the Associated General Contractors of America of new government data. Association officials said ...

Tagged with: Construction wages

ATTOM has released its third-quarter 2022 U.S. Home Equity & Underwater Report, which shows that 48.5 percent of mortgaged residential properties in the United States were considered equity-rich in the third quarter, meaning that the combined estimated amount of loan ...

Tagged with: equity

ATTOM has released its Q3 2022 U.S. Foreclosure Market Report, which shows there were a total of 92,634 U.S. properties with foreclosure filings — default notices, scheduled auctions or bank repossessions — up 3 percent from the previous quarter and ...

Tagged with: Foreclosure

Construction employment increased in 246 or 69 percent of 358 metro areas between August 2021 and August 2022, according to an analysis by the Associated General Contractors of America of new government employment data. But association officials noted the job gains likely ...

Tagged with: construction

ATTOM, has released its third-quarter 2022 U.S. Home Affordability Report showing that median-priced single-family homes and condos remain less affordable in the third quarter of 2022 compared to historical averages in 99 percent of counties across the nation with enough ...

Tagged with: home ownership

   Renters searching for an affordable new home and empty nesters looking to downsize have a new option with the announcement of Secrest Landing, an M/I Homes community of 172 townhomes in Monroe. Secrest Landing is located off Seacrest Shortcut Road and ...

Tagged with: M/I Homes

ATTOM has released its second-quarter 2022 U.S. Home Flipping Report showing that 115,198 single-family houses and condominiums in the United States were flipped in the second quarter. Those transactions represented 8.2 percent of all home sales in the second quarter ...

Tagged with: home flipping

Construction firms added 16,000 jobs in August, according to an analysis of federal employment data released today by the Associated General Contractors of America. Association officials said their newly released survey, conducted with Autodesk, showed contractors are eager to hire more ...

Tagged with: construction

ATTOM has released its second-quarter 2022 U.S. Home Equity & Underwater Report, which shows that 48.1 percent of mortgaged residential properties in the United States were considered equity-rich in the second quarter, meaning that the combined estimated amount of loan balances secured ...

Tagged with: home value

   Equus Capital Partners, Ltd. has announced that an affiliate completed the sale of The Rotunda, a four-story Class A office building totaling 234,670 square-feet, located in the South Park office submarket of Charlotte. The property was sold to an Atlanta-based ...

Tagged with: Equus Capital Partners