The number of the Charlotte area’s mortgaged homes with negative equity fell to 6.8 percent in the third quarter of 2014 from 8.4 percent in third quarter 2013, according to CoreLogic. The third-quarter 2014 figure rose slightly, however, from the ...Read More »
Institutional investors bought nearly 18 percent of all single-family homes sold in Mecklenburg County in 2012, and own one in every 31 homes in the county, one of the highest rates in the country, according to figures released Thursday by ...Read More »
The final segment of the Interstate 485 Outer Loop, which will be completed this spring, will be named after Allen Tate Jr., founder and CEO of Charlotte-based real estate company Allen Tate Co. The N.C. Board of Transportation made the ...
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CHARLOTTE – The housing market in 2014 was “healthy and measured,” said Maren Brisson-Kuester, the 2015 president of the Charlotte Regional Realtor Association, and she expects the same in the upcoming year. Home sales and prices rose in 2014 in ...Read More »
The North Carolina Real Estate Commission has accepted the voluntary surrender of an agent’s real estate license and temporarily suspended the license of a Mooresville broker. Shena Montgomery surrendered her real estate license to the commission, which in turn dismissed ...
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WASHINGTON — U.S. home values rose at a measured pace in November, a sign that demand remains weak as many buyers have been priced out of the market. Prices increased 5.5 percent in November compared with 12 months earlier, real ...Read More »
LAS VEGAS — Imagine a world in which your garage door opens automatically as you pull into the driveway. The living room lights and heater turn on — perhaps the oven starts warming up, too. In the so-called “smart home,” ...Read More »
D.R. Horton Inc. has won the race with top honors in a count of single-family residential building permits issued in Mecklenburg County in 2014. The Fort Worth, Texas-based company led by far in both the number of permits issued and ...Read More »
Most read online stories of 2015: Architecture, legal battles, personality profiles and project development pique readers’ interest
The year brought a lot of big news in real estate, construction and development in Charlotte, including the conviction of Mayor Patrick Cannon in a development-related bribery scandal; a continued apartment construction boom; announcements and groundbreakings for the first office ...Read More »
A stucco manufacturer that advertised a 20-year warranty may have to make good on that offer, despite a North Carolina law that generally requires any lawsuits over real property improvements to be brought within six years of the construction’s completion. ...Read More »