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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 […]
Mixed market message: Q2 reports show good news, bad news for new-home construction
CHARLOTTE – Despite higher numbers across the board in the second quarter – in new home starts, closings and prices – don’t yet bet the house on a sustained residential […]
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.
M/I Homes: Meck County’s busiest homebuilder in 2012
For many, 13 is a dreaded number, a cursed pair of digits to be avoided at all costs. But ’13 might be a year of luck and plenty for some Charlotte-area developers and real estate and construction companies. Our 13-part series will take a look at companies and people expected to be among the busiest and biggest newsmakers this year.
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.”
Developers and builders lament shortage of lots in the Charlotte area
When Stephen Pace, owner of Charlotte-based Pace Development, looks around the area, there’s something he’s not seeing, and it worries him: lots that are developed and ready for new homes […]
Latest News
- Rail Trail Bridge to Connect Uptown to South End over I-277 work begins
- Construction employment rises in 32 states and D.C. with North Carolina adding 13,600 jobs
- ATTOM reports home purchase loans at 12-year low amid rising mortgage rates
- NCDOT unveils six design concepts to reconnect I-77 South corridor in Charlotte
- ATTOM report finds home prices grew in nearly half of opportunity zones
- Foundry Commercial Brings Uptown Charlotte Site to Market
- Construction Employment Rises By 9,000 In April As Nonresidential Hiring Offsets Residential Declines And Average Hourly Pay Rises To $38.73
- Foreclosure activity rises 18 percent annually with Delaware and South Carolina hardest hit
- Homeowners face plumbing and radon as top repair stressors across states
- Averitt Announces New Commitment to Charlotte
- PlayNation to Bring Purpose-Driven Indoor Playground to Eastway Crossing
- Construction Jobs Increase In 33 States And D.C. Between March 2025 And March 2026
Features
- Thomas & Hutton Announces Ryo Yamamoto’s Professional Engineer Licensure in North Carolina
- Thomas & Hutton Grows Charlotte Team With Two New Project Engineers
- City of Charlotte Introduces New Deputy City Manager and New Director of Housing & Neighborhood Services
- JLL strengthens Charlotte capabilities with top Agency Leasing team hire from Foundry Commercial
- Thomas & Hutton Grows Charlotte Team With Two New Team Members
- Nick Schirato Joins Thomas & Hutton As An Environmental Designer In Charlotte
- Foundry Taps Alex Olofson to Lead Capital Markets Growth in Charlotte
- Tony Lathrop Strengthens Parker Poe’s Infrastructure, Transportation & Public Policy Services
- MVA Expands Economic Development & Incentives Group, Appoints Beth Buckner as Head
- Thomas & Hutton Announces Kaylee Neal’s Professional Engineer Licensure In North Carolina
- Thomas & Hutton Announces Sixth-Generation Leadership Transition as Firm Enters 80th Year
- Movement Mortgage welcomes Justin Caplan as East Coast Growth Director
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