Real Estate
$38 million Corning Optical HQ under way in Riverbend
Beacon Partners has begun construction on Corning’s optical headquarters in Riverbend Village near Hwy. 16 and 485. The $38 million project will house some 650 employees who work in Corning’s largest business. The New York-based manufacturing giant is adding 410 jobs in Cabarrus and Catawba counties. It already employs more than 3,000 people at five […]
Home Transactions – November 2017
THESE ARE RECENT PROPERTY TRANSACTIONS RECORDED BY THE COUNTY REGISTER OF DEEDS IN CABARRUS, IREDELL AND MECKLENBURG. CABARRUS COUNTY 10/17/17 $290,000 Miguel Rivera & Betzaida Gonzalez to Brian & Heather Drum, 10918 River Oaks Dr., Concord 10/18/17 $258,000 NVR, Inc. to Jun Song & You Kang, 11941 Discovery Dr., Concord 10/18/17 $385,000 Thomas & Melissa […]
Housing market keeps sizzling, mirroring national trend
New data from S&P Dow Jones show that the upward climb in housing prices is continuing unabated in most markets, including Charlotte, where prices are up 6.2 percent year over year. S&P’s Case-Shiller Indices, the leading measure of U.S. home prices, show Seattle led the way with a 12.9 percent year-over-year price increase. Charlotte came […]
Home remodelers hammered by demand
SPECIAL REPORT By Kate Stevens. The home renovation business is hot post-recession but labor shortages in the construction and remodeling sector are extending project timetables and driving up costs, according to industry experts. “We just don’t have the crew, the availability of the labor that we once had because so many people let the field […]
New Beaty St. valuation is double Town of Davidson’s
The town is currently forming a committee to negotiate a contract with the developers, said Cristina Shaul, the town’s public information officer. The board of commissioners will eventually vote on the contract once it has been reviewed by attorneys for both sides, but Shaul said she is unsure when the vote would happen. Davidson Development […]
Highest price homes moving fast if updated with latest & greatest
By Kate Stevens. Swank abodes without high-end finishes and fixtures are keeping the supply of $2 million homes at the two-year mark but top real estate brokers say updated homes are selling quickly. And, for the first time since the recession, there is money to be spent. In spite of news about the tiny house […]
Home prices are still on the rise
Standard & Poor’s survey of home prices in the nation’s 20 largest markets shows a 5.9 percent year-over-year gain. Seattle, Las Vegas and San Diego reported the highest year-over-year gains, with Seattle leading the way with a whopping 13.2 percent year-over-year price increase, followed by Las Vegas at 8.6 percent and San Diego at 7.8 […]
New Corporations – October 2017
These businesses have registered with the N.C. Secretary of State. Cabarrus 9/25/17 Focused Development LLC, Arthur G. Poston Jr., 446 Clearwater Dr. NW, Concord 9/25/17 Soulskript LLC, Brian T. Oborne, 1286 Gambel Dr. NW, Concord 9/25/17 YM Ventures LLC, Ramesh Mucharla, 9618 Harvest Pond Dr. NW, Concord 9/25/17 YungTribe LLC, Ryland Beard, 8230 Poplar Tent […]
Home Transactions – October 2017
These are recent property transactions recorded by the county Register of Deeds in Cabarrus, Iredell and Mecklenburg. Cabarrus County 09/22/17 $290,000 Ray & Wendolyn Kitchen to Jason & Andrea Roten, 1243 Blackstone Ct., Concord 09/22/17 $506,500 MRECV-EW, LLC to Eastwood Construction, Lots 2-154, 2-161, 2-162, 2-167, 2-168, 2-169, 2-170 & 2-171 of The Village of […]
Top Realtors say growth keeps coming
By Kate Stevens. Demand for mid-price housing in the Lake Norman area is outstripping supply although luxury homes could sit a bit longer on the market since fewer people can afford them. The Lake Norman real estate market is expected to continue this low-supply trend into the foreseeable future, according to local market experts. That’s […]
