Average purchase loan amounts are exceeding levels reached prior to the recession, at a time when home prices had been surging to unsustainable...
More Owners Remodel Using Credit
Home improvement spending is on track to exceed record highs this year, but how households are planning to fund all of those projects is showing...
Home Prices Surge to Fastest Pace in Year
Home prices are 7.5 percent higher than a year ago – good news for home owners, but not so much for buyers. Find out what's behind the...
Industrial park with redevelopment potential to be auctioned off next month
A 328,251-square-foot Charlotte industrial park at the intersection of South Tryon Street and Clanton Road will be auctioned off next month, with bids starting at $2.25 million.
The 77 Corporate Park property is being auctioned off by the lender to the property, which took control after the park went into foreclosure in 2013.
The park sits on 42 acres on Clanton Road, between interstate 77 and South Tryon Street, and consists of 13 buildings that are approximately 39 percent occupied.
The park…What Has Homebuilders Worried?
Homebuilding continues to lag behind pre-recession levels, even as the economy shows gains and buyer demand is high. Why are builders still so...
A Growth in Housing Counseling
"Seeing that more people are realizing the value of housing counseling is a sign that the next wave of home buyers will be better prepared to...
Investors Gamble on Trophy Spec Homes
Some developers and investors are building multi-million dollar homes on spec, before a buyer is ever lined up. Their move could prove risky.
Here’s Where Hiring is on the Rise
Usually a hot housing market trails a hot job market. Could the same hold true for these booming employment centers? Find out the current job hot-...
Solar Panels Can be a Deal Killer
More home owners are being lured into contracts for leasing solar panels. But they're finding it's creating problems when they go to sell...
Cousins Properties looking for development opportunities in Charlotte
Cousins Properties Inc. has no regrets about the price it paid to acquire the Fifth Third Center building in uptown Charlotte last year, but now the Atlanta-based real estate investment trust is shifting away from acquisitions and focusing on development opportunities in Charlotte.
That’s what Thad Ellis, a senior vice president with Cousins, told me in an interview this week. Ellis oversees the Atlanta, Dallas, Charlotte and Raleigh markets for Cousins, which acquired the 30-story Fifth Third…