Closing costs are often 2 to 5 percent of the total purchase price of a home, and those extra costs are coming as a surprise to many young adult...
New-Home Sales at Highest Pace Since 2008
The new-home market is getting a boost from existing home owners who are trading up to new construction and taking advantage of low mortgage rates...
Low Mortgage Rates Drive Loan Demand Surge
Mortgage application volume soared 9.5 percent last week as mortgage rates took a dip to the lowest levels since February.
Housing Affordability Hits 2 Extremes
"Over the last 10 years, we have seen marketplace gyrations ranging from bubble to burst to recovery to stabilization, and we are now seeing...
Chiquita space uptown isn’t giving developers second thoughts about new office projects
Real estate executives planning new office projects in uptown and midtown Charlotte say the big block of space produced by the closure of Chiquita Brands International Inc. at NASCAR Plaza will not impact their development time lines.
Chiquita leases approximately 138,000 square feet at the NASCAR Plaza building, where it plans to close its Charlotte headquarters by year end. The company has hired JLL to sublease the space with an asking rental rate in the mid-$20s per square foot. That’s well…$20 million renovation planned for Dowd YMCA branch
The YMCA of Greater Charlotte plans to start work in late 2015 on a $20 million renovation for the Dowd YMCA on East Morehead Street, a project designed to ease parking issues, improve the functionality of the 55-year-old building and better accommodate a growing number of millennials and females who use the facility, the organization says.
The YMCA has raised more than $10 million toward the project, which would take 18 to 24 months to complete. The organization plans to file a rezoning application…Children’s Book Brings Home the Idea of Home
A new illustrated book for youngsters shows homes and houses in a variety of cultures, letting them know that wherever they are, there's a...
5 Spring Home Buying Strategies
The spring home-buying season is looking to be more competitive than ever. Here are some tips for your clients on how to approach the competitive...
5 Groups Who Really Want to Move
Newly released U.S. Census data highlights what segments of the population most say they want to move to a new residence.
Fannie Mae: Housing’s Weak Outset to Reverse
"We continue to expect the economy to drag housing upward as we move into the second quarter," says Fannie Mae’s chief economist...