As builders feel more confident about the housing market, they are stepping up their production of single-family homes and helping to relieve...
Refinancers Drive Upswing in Loan Demand
Refinancers led a push in snagging lower rates, pushing overall mortgage activity up last week as interest rates showed signs of easing.
New-Home Sizes Are Starting to Shrink
New homes are showing signs of getting smaller in second-quarter statistics, and some analysts say it’s a sign builders are shifting toward...
All-Cash Sales Make Up Fewer Transactions
Home buyers needing financing are facing less competition from buyers paying all cash, but a few cash-strong pockets remain around the country.
Money Magazine: 10 Best Small Places to Live In
Discover what small towns topped the magazine’s annual list this year, based on the best locations for employment, home ownership, schools,...
New grocery store proposed for mixed-use development in Ballantyne
A new grocery store may be in the works for a mixed-use development in the Ballantyne area.
York Development Group, working with executives at Red Ventures, is seeking a rezoning for the 13-acre Colinayre development at the southwest corner of Providence Road West and Johnston Road that would allow for a 29,896-square-foot grocery store in the middle of the site.
York Development Group has already started site work at the development, which will include a new office building for Bank of North Carolina,…Great Spaces: Andy Warhol’s Hamptons Home
Andy Warhol was a strange, shy fellow of few words who invented an image for himself so whacky that he couldn’t be ignored. His timing for his white fright wig and pop art paintings of soup cans was well timed as post-Eisenhower era society was looking for something fresh with a little more wild and […]
General contractor relocates to SouthPark, doubles space
Greensboro-based general contractor Samet Corp. has relocated its Charlotte office to the Carnegie X building in SouthPark, taking 5,600 square feet in the building.
Samet was previously located at 1315 East Boulevard and has doubled its space with the move. The company has 43 employees in Charlotte, and Charles Blankinship, market development manager, says Samet needed additional space as its business continues to grow.
Samet is the 13th largest Charlotte-area general contractor, according to…Housing market shines for home builders; sales, buyer traffic continue to grow
It’s been nearly 10 years since home builders have been this confident about the housing market.
The Housing Market Index, which is based on a survey by the National Association of Home Builders, rose 1 point to 61 this month, its highest level since November 2015. Builders were asked about current sales of new single-family houses, sales expectations for the next six months, and traffic of prospective buyers. Two components — current sales and buyer traffic — were up, while sales expectations…Builders Feel Like It’s the Housing Boom Days
Builders are feeling as confident about the new-home market and home sales as they did during 2005.