Charlotte land developer Tom Pearson, a founding member of the Real Estate and Building Industry Coalition, was inducted Dec. 3 into the North Carolina Housing Hall of Fame for his advocacy on behalf of the home building industry. Pearson, the ...

Tagged with: Pearson Land Corp. Real Estate and Building Industry Coalition Tom Pearson

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 market but Atlanta.

Tagged with: blackstone group Eric Locher invitation homes j.c. underwood Metrolina Real Estate Investors Association Nancy Braun oakmont homes RealtyTrac Tom Pearson

Although foreclosure activity in the Charlotte area has declined over the past year, it jumped up between July and August this year in Mecklenburg and York counties, according to a report issued by RealtyTrac.

Tagged with: August 2013 Daren Blomquist Nancy Braun North Carolina Bankers Association Pearson Land Corp. RealtyTrac Showcase Realty Tom Pearson

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.

Tagged with: 30-year home mortgage rate Alan Banks Evans Coghill Homes Grubb Properties Home Builders Association of Charlotte Karla Knotts Keller Williams Pearson Land Corp. Todd Williams Tom Pearson Virginia Popovich

When Tamara Lynch and the team at M/I Homes took over the Karras Commons development last year they loved everything about it – except that clunky name.

Tagged with: M/I Homes Tamara Lynch Tom Pearson

When it comes to promoting Charlotte, economic developers like to point to the treetops. The Charlotte Chamber of Commerce, for one, boasts on its website that Charlotte is known as a tree city. The city has been fighting to protect ...

Tagged with: Charlotte Chamber of Commerce Charlotte Mecklenburg Utilities Charlotte-Mecklenburg Schools Joe Padilla Mecklenburg County Park and Recreation Department Real Estate and Building Industry Coalition Tom Pearson

In Mecklenburg County, developers and builders feel like a row of dominoes is about to come crashing down on them. They say the cumulative effect of new ordinances is going to put a serious hurting on commercial and residential development ...

Tagged with: Beacon Partners Charlotte Department of Transportation Environmental Protection Agency Frank Warren Jim Merrifield Jon Morris Karla Knotts Knotts Builders Pearson Land Corp. Tom Pearson