Charlotte Real Estate News

As part of the 2008 Economic Stimulus Package, HUD recently announced that they will be temporarily raising loan limits which will allow more people to qualify to finance their home with an FHA loan. The new act will permit FHA to insure loans on amounts up to 125% of the area median house price. The new loan limits are already in effect and last ...

Here is an interesting article about Real Etate Markets and values in the US. This article from Forbes Magazine gives good insight as to why Charlotte's Real Estate market has remained strong despite downturns in the rest of the country. Check out the entire article below and feel free to contact us if you have any questions about moving or ...

Edenmoor, a 868 acre master planned community located in Lancaster County, SC recently opened it's doors to new home buyers. Ryland homes is the first builder to begin selling in Edenmoor and they will have two models opening soon. The master plan for Edenmoor includes 1,950 homes when completely finished, 100,000 square feet of commercial ...

Recently, the Office of Federal Housing Enterprise Oversight(OFHEO) released their annual review of the nationwide housing market. Nationwide, prices for the Fourth Quarter of 2006 were 5.9% higher than the same period in 2005.  According to this study by the OFHEO, the Charlotte area overall saw a 9.09% increase. NC and SC saw an average ...

Not only has Charlotte experienced a rapid residential housing boom over the past few years, we are also seeing growth in office and retail space as well. In the past few years the uptown Charlotte area has been dominated by residential condo project announcements such as 210 Trade and The Vue, with little heard in the way ...

The first "Big Box" store is now officially open in Fort Mill. The new Lowes Home Improvement Store is located off Hwy. 160 in Fort Mill off I-77 and exit 85. Wal-Mart is scheduled to open in Tega Cay later this year. Below is a link to the Lowes story. Lowes Now Open

Donald Trump may be expanding his real estate empire to Charlotte in the near future. His company is in the process of trying to acquire an entire city block in uptown Charlotte on Tryon Street. Below is a link to the article in the Charlotte Observor. Trump to Charlotte 

Nationwide, new home starts were up 9 percent in February, following a 14 percent drop the month before. Construction of new single-family homes was up 10.3 percent. Permits however were down 2.5 percent in Feb. and off 28.6 % from last year.  Here is a link to the entire article: NAHB Housing Starts