Economic recovery

May 11, 2020

Housing Market Shows Early Signs of Recovery, Even Where COVID-19 Has Not Peaked

New listings and home sales are seeing early signs of recovery in the U.S. housing market, even as some cities struggle to flatten the coronavirus curve, finds a new analysis […]

Oct 24, 2018

Northeastern University-Charlotte bringing top resilience expert to Charlotte for free breakfast event Oct. 31

As part of its Local Leaders Global Impact Series, now in its 7th year, Northeastern University–Charlotte is bringing Resilience expert , Dr. Stephen Flynn, to Charlotte on Halloween, Wednesday, October 31,  […]

Nov 6, 2015

US housing recovery divided on age, race and place

WASHINGTON (AP) — It’s the most profitable time to sell a house since the Great Recession started in late 2007. But first-time buyers are increasingly scarce. More Americans are qualifying […]

Jul 15, 2014

Yellen says economy still needs Fed support

WASHINGTON  — Federal Reserve Chair Janet Yellen said Tuesday that the economic recovery is not yet complete and for that reason the Fed intends to keep providing significant support to […]

May 2, 2013

Charlotte builders are busy, homes are hot, why isn’t Bill Miley smiling?

The nine-county Charlotte housing market is no longer inching its way back to a recovery. It is zooming back. But – and this is a pretty big “but” – it is not roaring back, and that’s because builders don’t have enough inventory of completed homes to satisfy pent-up demand.

Feb 8, 2013

Positive signs for the homebuilding industry

Solid gains in both single-family and multifamily housing production is reported by the National Association of Home Builders. Nationwide, housing starts rose 12.1 percent to a seasonally adjusted annual rate of 954,000 units in December, according to newly released data from the U.S. Commerce Department. This is the highest level of new home production since June of 2008.

Feb 4, 2013

For the housing market, signs of recovery

The housing market is getting healthier. The number of foreclosed and real estate-owned properties on the market is diminishing, thus pushing home prices up to more realistic levels. The foreclosure inventory has been falling as requirements from the national mortgage settlement "influence the pace of first-time foreclosure starts," Lender Processing Services stated in a recent report.

Dec 11, 2012

Meck 2012 homebuilding already over 2011 levels

According to just-released, year-to-date data compiled by the Home Builders Association of Charlotte, Mecklenburg County had issued 1,911 building permits worth $300.5 million as of Oct. 31 for the benchmark single-family detached house.

Dec 10, 2012

Charlotte-area home sales jump 35 percent in November

CHARLOTTE — Homes sales soared 35 percent in November over the same month last year, making the Carolina Multiple Listing Services area that much less of a buyer’s market. The […]

Nov 6, 2009

Restoration in Cabarrus

Will new uses for old facilities drive economic turnaround? By Sam Boykin CABARRUS Co. — It was a cold, gloomy February afternoon in 2004 when Tom Cotter first stepped inside the […]

Nov 3, 2009

Staffing agencies see slow but steady growth

By Sam Boykin CHARLOTTE — While several local staffing companies say they are seeing an uptick in business in recent months, some economists caution that economic recovery likely will be […]

Oct 16, 2009

Back into lemons? Recession-era businesses hope to stay sweet in the recovery

By Austin Light CHARLOTTE — When the economy went bottom-up, some professionals saw it as an opportunity to make lemonade from lemons. But now that Federal Reserve Chairman Ben Bernanke […]

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