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

UNC Charlotte Chancellor Philip Dubois likes to share a joke at the onset of speaking engagements. So he was ready with a good one to warm up the crowd before last week’s announcement that Childress Klein Properties was donating $2.5 ...

Tagged with: Childress Klein UNC Charlotte

Although home sales in the Charlotte market dropped off in August from July, they are at an eight-year high for the first eight months of the year, according to RealtyTrac. Sales of single-family residences and condos grew to 22,262 between ...

Tagged with: Charlotte Regional Realtor Association home sales RealtyTrac

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 sales of existing homes fell 4.8 percent from the previous ...

Tagged with: home sales

The Charlotte region and North Carolina are following much of the nation in seeing more properties reverting to bank ownership. But there’s good news, too. Fewer homes are falling into foreclosure. According to RealtyTrac, the number of bank repossessions in ...

Two real estate brokers have lost their licenses following actions by the North Carolina Real Estate Commission. The commission revoked John Horohoe’s, who was with Cerwin and Co. in Charlotte, license because in February he was caught going through the ...

Tagged with: real estate license

The Charlotte area continues to see a decline in sales of distressed properties, according to real estate analytics firm CoreLogic. The share of all sold properties that were bought in short sales or reverted to lender ownership following foreclosure in ...

Tagged with: REO

Home sales in the Charlotte region increased by 6.4 percent in August compared with August 2014, according to data released Thursday by the Charlotte Regional Realtor Association. According to the CRRA, 3,905 properties sold last month compared with 3,671 in ...

Tagged with: home sales

Three more people have been sentenced to federal prison for their involvement in the mortgage fraud scheme prosecutors dubbed Operation Wax House. Nathan Shane Wolf, 44, of Charlotte, was sentenced Wednesday to seven years in prison and three years of ...

Tagged with: Operation Wax House

The North Carolina Real Estate Commission has permanently revoked Denetria Montresa Myles’ real estate brokerage license. The commission’s action last month comes after Myles, 44, was convicted in October 2013 in the U.S. District Court for the Western District of ...

The Charlotte market ranks near the top of U.S. metros when it comes to the growth rate in home sales over the past 15 years. Those are the findings of real estate analytics firm RealtyTrac, which says sales of single-family ...

Tagged with: home sales