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More than half of Charlotte region’s foreclosed homes are owner occupied
Fifty-four percent of bank-owned homes in the Charlotte-Gastonia-Concord area are owner-occupied, according to a new study by the real estate information and online marketplace company RealtyTrac. In real numbers, that is more than half the 2,328 bank-owned homes.
Wall Street taps Main Street: Investment firms looking for return on Charlotte’s rental homes
Led by the behemoth Blackstone Group, the largest alternative investment company in the world, institutional investors are buying a lot of single-family homes in Charlotte, fixing them up, renting them out and holding onto them to see if they rise in value. One of every five houses sold in May, June and July in the Charlotte market went to big investors, a higher percentage than in any other marke[...]
Housing market continues to improve for sellers
Preliminary August data from the Carolinas Multiple Listing Services Inc. continue to indicate a strengthening housing market, with the number of sales, home prices and new listings rising while the inventory and average number of days on the market declined.
Home prices continue to rise in region, nationally
Prices for existing homes sold in the Charlotte region continued to rise in July, by 8.3 percent year-over-year and by 1.3 percent over June, according to property analytics provider CoreLogic.
13 to watch in ’13: REBIC and Raleigh
You’re either fer it, or you’re agin it, as they say in the mountains of western North Carolina, and that’s true of possible legislation that REBIC will either back or oppose this year on the other end of the state in Raleigh, where the state legislature is in session.
On the Level: Eric Locher, Charlotte Regional Realtor Association’s 2013 president
"As buyers begin to meet prices, there will be an upward pressure on prices," he said. "There are an increasing number of buyers coming on the market, more buyers and fewer homes. We’ve even had some multioffer situations. Not many, but some."
The truth set him free
Real estate agent Eric Locher thought he was going to serve on the Charlotte-Mecklenburg Planning Commission another three years — until he went to church and learned otherwise. Locher said […]
Foreclosure fallout
Cheryl Littlefield’s ideal home was pulled right out from under her. Located near Revolution Park just west of Uptown Charlotte, the 1,200-square-foot, three-bedroom brick ranch-style home was just what Littlefield was […]
Foreclosure pause makes some fearful; others see bright side
As more of the country’s biggest financial institutions and mortgage lenders are pulled into the ongoing controversy involving questionable foreclosure processes, many predict the situation could have a chilling effect […]
Latest News
- Construction jobs rise in 38 states including North Carolina and Texas
- ATTOM reports home flipping profits lowest since great recession
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- Lucern Capital Partners Completes $12.3 Million Sale of Fully Leased Crosslake Park
- Average single-family home property tax bill rose 3 percent in 2025
- Cavella opens pre-leasing for 307-home community in charlotte north end
- Construction Spending Dips 0.3 Percent In January As Weakness In Private Residential And Nonresidential Investment Offsets Public Outlay Gains
- CBRE Facilitates Sale of Greylyn Business Park Industrial Portfolio in Charlotte
- ATTOM report finds homes remain largely unaffordable in US counties Q1 2026
- Rising fuel and metals costs increase construction material prices in February 2026
- M/I Homes to launch nearly 300 new homes in Charlotte and Hickory in 2026
- Red cedar construction secures $75m from L.M. sandler to expand build-to-rent platform
Features
- 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
- Ki McCaskill Joins Thomas & Hutton As Survey Technician In Charlotte
- Brittany Bowens Joins Weichert, Realtors® – LKN Partners
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