Real Estate
Baby Boomers at root of move-up bottleneck
Curious what the Baby Boomers have been up to? Not much, when it comes to their homes. Baby Boomers are laying low and staying put, many in homes they have lived in for more than a decade. Because Baby Boomers are healthier and living longer lives, they are choosing to downsize much later than previous […]
Construction is booming at local colleges, universities
By Katie Piccirillo Sherman. UNC Charlotte has launched a $200 million capital campaign, the largest in its history. The “Exponential” campaign will fund new buildings and renovate existing structures. Colleges coast to coast are breaking ground on state-of-the-art facilities. Vicki Saville, Central Piedmont Community College’s associate vice president for construction, says CPCC enrollment has grown 37 […]
Harrisburg is a boom town for homebuilders large and small
By Marty Price. Nationally, new home sales have risen to the highest levels since 2007, but they’re still below the peak level of 1.39 million units in July 2005. July was the first month that the rate exceeded 600,000 since early 2008. Before the recession, the last full year below that mark was in 1991. “Home […]
Basketball star Nic Batum buys Cornelius mansion
One of the biggest names in Charlotte sports has purchased one of the biggest lakefront homes in Cornelius. Hornets star Nicolas Batum paid $3.725 million for a 10,000 square foot estate on Nantz Road, according to Mecklenburg County tax records. On July 7, Batum re-signed with the Hornets, inking a five-year, $120 million contract. It’s bigger […]
Lake Norman Realty plans open house for ‘Grand Re-Opening’
Sept. 21. Lake Norman Realty is welcoming the public to its newly expanded office in Denver at 1818 N.C. 16 North. The newly redesigned office features new client meeting areas, a large training room, a computer workroom and offices for associates. There will be a “Grand Re-Opening Open House” event at the Denver office on […]
Cornelius buying land for old town arts center
Julia Telford King will open a new stand-alone real estate office in downtown Cornelius this fall. It could be the beginning of a resurgence in the historic downtown which once bustled with mill workers and farmhands. She has purchased a live-work unit where retail space is on the ground floor and owners live on the […]
Leigh Brown honored as real estate innovator
Leigh Brown, CEO of RE/MAX Executive Realty Leigh Brown & Associates, won second place as Inman Most Innovative Agent/Broker at the recent Inman Connect 2016 Conference in San Francisco. Brown was one of 22 individuals to be honored as a mover and shaker in the industry at the real estate technology conference. “I am honored […]
Upward trend continues for high-end properties
House values in the Charlotte area posted a healthy 5 percent gain during May, according to the latest S&P CoreLogic Case-Shiller Indices, a national survey of residential sales in 20 major cities. Values in Charlotte rose at about the same rate as the national average, according to the report. S&P says nationwide house values are rising […]
Allen Tate opens Statesville office
Aug. 8. Allen Tate Co. opened its 42nd office at 117 N. Center St. in Statesville, in the historic downtown area, Aug. 1. Hilary Broadway, branch leader of the Allen Tate Mooresville/Lake Norman office, is Statesville branch leader. “We’ve received a very warm welcome from the community. We look forward to growing our presence here, helping more […]
Pace of West Lincoln growth brings worries for traffic, lake
By Erica Batten. While traffic congestion and concerns about fast-paced development are common on the eastern side of Lake Norman, the lake’s west shore is relatively congestion-free. But with red dirt being turned up by the ton these days in Sherrills Ford, Denver and adjacent communities, there’s no doubt the west shore will catch up to […]
