Sudden increases in interest rates can boost the homebuying market because it gets buyers off the fence before they go any higher, one lender says...
How Music Enriches the Showing Experience
Drown out the awkward sounds of heels clattering across floors or hallow echoes in empty rooms with background music. But don't automatically...
Foreclosures Further Fade Away
Foreclosure inventory plunged nearly 25 percent in April, and its down 66 percent from its peak in September 2010.
Households Don’t Look Like They Used To
Young adults are staying single and living alone much longer than in previous generations, and that may have broad...
Freddie Mac Names New Chief Economist
Sean Becketti, an executive who has broad experience in the private sector, will become the voice of the mortgage giant.
Wood Partners starts construction on Charlotte apartment complex
Wood Partners starts construction on Charlotte apartment complex
Multifamily development firm Wood Partners has started construction on Alta Berewick, a 266-unit apartment complex to be built on 16 acres in the Steele Creek area.
The site is located at the intersection of Dixie River Road and Shopton Road, adjacent to the Berewick residential development and across Dixie River Road from Charlotte Premium Outlets. Wood Partners purchased the property earlier this year for $3.12 million from a company controlled by Peter Pappas, head of Pappas Properties, which…
Wood Partners starts construction on Charlotte apartment complex
Multifamily development firm Wood Partners has started construction on Alta Berewick, a 266-unit apartment complex to be built on 16 acres in the Steele Creek area.
The site is located at the intersection of Dixie River Road and Shopton Road, adjacent to the Berewick residential development and across Dixie River Road from Charlotte Premium Outlets. Wood Partners purchased the property earlier this year for $3.12 million from a company controlled by Peter Pappas, head of Pappas Properties, which…
Charlotte home sales heat up in May, prices still rising
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…