Alan Banks

Aug 25, 2014

Building permits and new home starts increase in July

A new national report issued by the U.S. Commerce Department found that in July new housing starts increased significantly to an eight-month high, after two months of disappointing results. But […]

Jul 24, 2013

Industry insiders on watching the rates rise

The average U.S. rate for the benchmark 30-year home mortgage climbed over the 4.5 percent mark this month for the first time in more than two years.

Feb 4, 2013

Meck homebuilding on big upswing in 2013, but lot supply shrinks

“New-home sales are way up, so much so that we’re selling off our inventories, which are still historically below accepted equilibrium levels,” said Alan Banks, president of the Home Builders Association of Charlotte.

Jan 2, 2013

Lending a hand: Bank opens Charlotte operation, targets homebuilders

“The builders will have to be financially qualified with effective business models and financial discipline," said Bill Bickett, who is spearheading the creation of the Charlotte-based division of the bank. "But smaller builders have had more problems getting financing. We’ll be looking at loans from $2 million to $6 million. That’ll be our sweet spot.”

Dec 6, 2012

Two Charlotte homebuilders volunteer in the land of the boarded-up boardwalk

“I just thought it might be more important to be here than building homes in Charlotte,” Alan Banks said by cellphone Thursday from a Hurricane Sandy-ravaged New Jersey.

Sep 13, 2011

In the 
Shadows: Homebuilders say pending foreclosures harming housing recovery

Alan Banks looks back at 2006 fondly. A principal at Evans Coghill Homes in Charlotte, Banks said the company’s business has been nearly cut in half since a peak in […]

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