New Angle Realty – Page 569 – Blogging South Charlotte real estate

February 11, 2015

Texas firm buys south Charlotte office building for $9.6 million

TriGate Capital, a real estate investment firm based in Dallas, has purchased the Quail Plaza office building in south Charlotte for $9.6 million. The five-story building is on Little Avenue, near the intersection of Carmel and Pineville-Matthews roads. The building totals 86,976 square feet and is 87 percent leased TriGate focuses on value-add investment opportunities where it can recapitalize and reposition properties, according to its website. The Quail Plaza building was sold by an affiliate…

February 11, 2015

Foreclosures on a Free Fall, 66% Below Peak

The steady decline in completed foreclosures is a good sign of healing in the housing market, but pockets of high foreclosure inventories across...

February 11, 2015

Banks Pay Military for Foreclosure Errors

"Service members should never have to worry about losing their home to an illegal foreclosure while they are serving our country," a...

February 11, 2015

MLS to Brokerage: Stop Leaking Brokers’ Rates

The Denver metro area’s multiple-listing service, REcolorado, has ordered a brokerage to shut down a database that is divulging buyer-broker...

February 11, 2015

As Mortgage Rates Inch Up, Applications Fall

Loan demand softened in the latest week as the 30-year mortgage rate rose to its highest level since early January.

February 11, 2015

Income Increases Boosting Housing Optimism

Consumers are more positive about their personal finances at the start of this year, which is having a spillover effect on their attitudes toward...

February 10, 2015

Johnny Harris: Next big development play is west of the airport

Speaking at a real estate luncheon in Charlotte on Tuesday, developer Johnny Harris said undeveloped land west of Charlotte Douglas International Airport is the next big development play in the Queen City, and he urged state lawmakers to extend tax breaks on fuel taxes for American Airlines Group Inc. in North Carolina. Harris spoke at a CREW Charlotte luncheon at Charlotte Country Club and said the thousands of acres in the Dixie Berryhill area between the airport and the Catawba River could be…

February 10, 2015

Good News for Housing: Consumers Show Positive Financial Attitude

Consumer optimism toward the housing market gained some momentum last month following a dip in December, likely getting a boost from their increasingly positive financial outlook, according to results from Fannie Mae’s January 2015 National Housing Survey™. The share of respondents who says their household income is significantly higher than it was 12 months ago […]

February 10, 2015

How to Sell Your Business

(TNS)—After dedicating a good 20 years to building your own business, the question just might be, “What now?” When selling the enterprise you nurtured, getting your managers to buy is usually your best bet. I spend lots of time talking to owners of private companies who are not sure how to leave their business. If […]

February 10, 2015

Charlotte area’s home sales up 8.8% in January, but …

Home sales in the Charlotte region climbed 8.8 percent in January from a year ago, according to the Charlotte Regional Realtor Association. The association reported Tuesday that Carolina Multiple Listing Service figures show 2,359 homes were sold in the region last month, up from 2,169 sold in January 2014. However, sales activity in the market was slower last month than in December, when local home sales jumped 15.7 percent from a year earlier. And on a month-to-month basis, home sales were down…