Is your listing keeping up with the competition? Find out where pools are practically a must-have amenity.
Uptown office tower listed for sale
The owner of First Citizens Bank Plaza has listed the uptown Charlotte office tower for sale.
The 23-story building at 128 S. Tryon St. totals 476,987 square feet and is 62% occupied. Michigan-based real estate firm Osprey Investment Co., which owns the tower, has hired commercial real estate capital markets firm HFF Inc. to market the building for sale along with an office property that Osprey owns in Sarasota, Fla.
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Prices may be on the rise, but about 63 percent of homes sold at a discount compared to the list price in May.
Report: Another Big Dip in Foreclosure Rates
The number of foreclosures nationwide dropped to 41,000 in May, now a nearly 65 percent drop from the peak in 2010.
Consumer Credit Growth Slows
The Federal Reserve Board recently reported that consumer credit outstanding rose by a seasonally adjusted annual rate of 5.7 percent, $193.0 billion, in May 2015, slower than the 7.6 percent rate of growth recorded in April 2015. Consumer credit outstanding now totals $3.401 trillion. The expansion of total consumer credit outstanding partly reflected an increase in […]
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All regions of the U.S. saw a drop in housing affordability last month. Find out what's behind the drops.
Rising Equity Prompts Fewer HELOC Defaults
Delinquency rates on home-equity loans have dropped to the lowest levels since 2008.