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Charlotte home sales heat up in May, prices still rising

Home sales in the Charlotte region soared 20.4 percent in May from a year earlier, according to the Charlotte Regional Realtor Association.

The association reported Tuesday that Carolina Multiple Listing Service figures show 3,845 homes were sold in the region last month, up from 3,193 sold in May 2014.

On a month-to-month basis, sales were up 12.8 percent from April, and the annual growth figure in May outpaced that in the previous month.

The average sales price in May was $245,197, up 4.2 percent…

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Portman Holdings to break ground on Charlotte office tower next month

Portman Holdings plans to start work early next month on its planned 19-story office tower next to The Westin Charlotte hotel.

Called 615 South College, the 370,000-square-foot office tower will rise above the Westin’s parking deck. Travis Garland, director of leasing at Portman, says the first few weeks of activity will consist of foundation work in the deck and won’t be visible to passersby. Atlanta-based Portman, which also owns the Westin, plans to hold a groundbreaking ceremony for 615…

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Portman Holdings to break ground on Charlotte office tower next month

Portman Holdings plans to start work early next month on its planned 19-story office tower next to The Westin Charlotte hotel. Called 615 South College, the 370,000-square-foot office tower will rise above the Westin’s parking deck. Travis Garland, director of leasing at Portman, says the first few weeks of activity will consist of foundation work in the deck and won’t be visible to passersby. Atlanta-based Portman, which also owns the Westin, plans to hold a groundbreaking ceremony for 615…
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Five Reasons Why Most American Homes Will Go Solar

Solar power is finally entering the residential real estate mainstream in America after years in the wilderness. The heady growth conjures up images of solar rooftop panels sprouting up as a common sight from West Coast to East Coast and points in between. Futurist Ray Kurzweil, a noted inventor who is director of engineering at […]
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Five Reasons Why Most American Homes Will Go Solar

Solar power is finally entering the residential real estate mainstream in America after years in the wilderness. The heady growth conjures up images of solar rooftop panels sprouting up as a common sight from West Coast to East Coast and points in between. Futurist Ray Kurzweil, a noted inventor who is director of engineering at […]