Builders are predicting a pick up in new-home sales in the coming months, but expect there will be some "bumps along the road."
3.8M Homes Stand Vacant
The 3.8 million vacant homes are nearly twice as many as the total listings that are currently for-sale on the nation's MLSs.
5 Cheapest Places to Close on a Mortgage
Greater competition among lenders is helping mortgage costs to fall, proving it can be smart for buyers to shop around. Here's where mortgage...
Economist: It’s Not Easier to Get a Mortgage
Limited credit availability is at least partly to blame for the tight supply that's leading to higher prices and higher rents, notes...
9 Markets With the Highest Share of Equity
As home prices rise, more home owners are seeing gains in equity. Find out where.
3 Mistakes You’re Making before a Big Purchase
(TNS)—You might have kicked yourself a few times for making a bad purchase or buying something that later went on sale, but if you didn’t pay a lot to begin with, you probably didn’t lose sleep over it. But making a mistake with a big-ticket purchase will weigh much more heavily on you and your […]
Portman secures financing for uptown tower, groundbreaking set for next week
Portman Holdings has secured construction financing for its $122 million uptown Charlotte office tower, which will kick off construction with a groundbreaking ceremony next Friday.
China Orient Summit Capital is providing equity financing for 615 South College, a 19-story office tower to be built next to The Westin Charlotte hotel. Real estate finance and investment management firm PCCP is the lender on the project.
According to real estate records, the Portman affiliate that owns the site has…Real Estate Firms Upbeat About Profitability
Ninety-five percent of real estate firms are confident that their net income will increase or stay the same in the next year, according to NAR...
Don’t Call Millennials a ‘Renter Generation’
For those who've cast millennials as a generation of renters, more surveys are showing that not to be true. Young adults are the most...
Mortgage Rates Dip Below 4% Again
For the third consecutive week, averaged fixed mortgage rates edged down, but the drop will likely be temporary.