U.S. Housing Starts Fall 3 Percent in August

Housing starts in August fell 3 percent to an annual rate of 1.13 million units (SAAR), according to a recent Census Bureau report. “The small dip in August housing starts is minor considering the sustained momentum we’ve seen in housing overall in 2015,” says Quicken Loans Vice President Bill Banfield. “When you couple the slow […]

Property swap paves way for new development in South End

Two property owners have swapped real estate in South End, paving the way for a new development on South Tryon Street. Late last month, two companies controlled by the Luski family purchased a .68-acre parcel at the intersection of South Tryon and West Catherine streets for $1.28 million. The seller of the property was 1100 South Tryon Real Estate Partners, the owner of the nearby 1100 South Tryon office building, which had used the site for overflow parking. The Luski family also controls the…