Charlotte Real Estate News
Real Estate news for Charlotte, NC continually updated from thousands of sources.
Tuesday Nov 25 | via HipHoods
Yes, in spring, the flowers are blooming in Dilworth and the allure of the warm weather to come brings home buyers out in droves! But, in the summer, the longer daylight hours also welcome Charlotte home buyers, as does the cooler fall weather. Winter has it's advantages to home sellers too, as those home buyers who are shopping this time of the year are truly motivated to buy. Comment?
Monday Nov 24 | via Business Journal
Pacific Union Financial, a mortgage banker based in Irving, Texas, has opened a Charlotte office, leasing a floor totaling approximately 16,000 square feet at the Fairview Plaza office complex in SouthPark. Comment?
Wednesday Nov 12 | via WBTV
In 2005 it was still a quintessential American dream to buy a home and fix it up for your family. "We purchased this home," Kathryn Diefenderfer said Wednesday as she took WBTV's Melissa Hankins on a tour of her ranch-style house on a wooded lot in the Steele Creek area. Comment?
Tuesday Nov 11 | via Business Journal
A three-story, 24,000-square-foot office building near Ballantyne, with room for a mortgage hub and full-service bank branch, is in the works for Bank of North Carolina . The High Point-based lender hopes to build on a piece of land near the intersection of U.S. Highway 521 and Providence Road West in south Charlotte, the Charlotte Business Journal, a Triad Business Journal sister publication, has learned. Comment?
Saturday Nov 8 | via The Charlotte Observer
Some 28 cranes towered over construction sites around uptown Charlotte in 2008, but they became a rare sight as the recession ground development to a halt. A dozen or more projects are under construction or newly completed inside the Interstate 277 loop, as well as just outside it along Morehead Street and parts of Kings Drive. Comment?
Wednesday Nov 26 | via National Mortgage News
A final judgment against Bank of America in a mortgage-bond lawsuit by the Securities and Exchange Commission was signed by a federal judge, helping clear the way for the lender to complete a $16.7 billion global settlement of claims it misled investors about risk. The judgment signed yesterday by U.S. District Judge Max O. Cogburn Jr. in Charlotte, North Carolina, bars Bank of America from using deceit or fraud to sell securities. Comment?
Tuesday Nov 25 | via The Virginian-Pilot
U.S. home prices rose in September at the slowest pace in more than two years, reflecting modest sales gains and a rising number of available homes. The Standard & Poor's/Case-Shiller 20-city home price index, released Tuesday, increased 4.9 percent in September from 12 months earlier. Comment?
Tuesday Nov 18 | via Business Journal
Coldwell Banker's Home Listing Report 2014 looked at more than 51,000 home listings in 2,000 communities to come up with the average listing price of a four-bedroom, two-bathroom home. The report offers an extensive price comparison tool that offers some insight into how different communities compare. Comment?
Thursday Nov 13 | via Rebuilding Place in the Urban Space
Yesterday's Post had an article, " Why you're often better off saving for retirement than buying a house ," making the point that in many housing submarkets across the US, prices are stagnant, so people can "make more money" by investing rather than owning a house which isn't likely to appreciate and when the tax benefits of the mortgage deduction are minimal. Comment?
Tuesday Nov 11 | via Business Journal
'Zombie foreclosures' are on the rise in certain areas, including some North Carolina cities and the state as a whole. Here we take a look at the metros with the largest increases in owner-vacated foreclosures compared to a year ago. Comment?
5 min ago | via Tivyside Advertiser
Mortgage lenders have trimmed more of their rates down to rock bottom lows as the battle for home owners' business hots up in the run-up to Christmas. On Monday, HSBC will launch its lowest ever five-year fixed-rate mortgage at 2.48%. Comment?
30 min ago | via The Independent
This week Barclays became the latest bank to join a mortgage battle in which the cost of borrowing among a range of lenders has kept tumbling recently. On Thursday the bank cut rates on a number of deals, the highlight being a two-year tracker at 0.79 per cent above base rate. Comment?
34 min ago | via The Independent
It has been a while since I wrote about a bond fund. The yields of government and corporate debt are exceptionally low by historical standards and over the past four years, many investors have written the asset class off. Comment?
36 min ago | via The Independent
Note: We do not store your email address but your IP address will be logged to prevent abuse of this feature. Please read our Legal Terms & Policies Simon Read is Personal Finance Editor at The Independent. Comment?
1 hr ago | via Reuters
Wells Fargo & Co was sued on Friday by Cook County, Illinois, which accused the largest U.S. mortgage lender of targeting black, Hispanic and female borrowers with predatory and discriminatory lending in the Chicago area. The lawsuit is the latest accusing major banks of biased mortgage lending that harmed major American cities, such as Los Angeles, Miami and Baltimore, and prolonged the nation's housing crisis. Comment?
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