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CHARLOTTE, N.C. As businesses across the region continue to adjust to reopening, home sales across the 16-county Charlotte area show the region's housing market in the early stages of recovery. According to data from Canopy MLS, home sales in June were down only 1.8 percent compared to June 2019......Read More [..] read more
25 megacities and high-growth hubs, plus their peripheries, may account for about 60% of net job growth by 2030.See Full Presentation. [..] read more
On Tuesday night, Gastonia City Council members will also take up an issue that involves the potential construction of an aquatics center. They are expected to approve a 'memorandum of understanding' with a developer that wants to buy Eastridge Mall and keep the core structure intact, while bringing new mixed uses to the outer portions of the roughly 50-acre site.One of the key components of that redevelopment package is the construction of a ... [..] read more
Charlotte has reclaimed its status as a top 10 market to watch for real estate investors in the upcoming year.....Source: Charlotte Business JournalRead Full Article.
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Charlotte: Economic & Commercial Real Estate OutlookRevathi Greenwood, Americas Head of ResearchSource: Cushman and Wakefield
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Single-family home construction has been slowly recovering over the past eight years and is currently 142 percent above its recession-era low. New home construction, however, remains well below the norms maintained during the 25 years prior to the financial crisis. This past year had seen some tentative improvement, with new home sales gaining strength early in the year. Sales...Source: Wells Fargo Securities Read Full Article. [..] read more
JMP Securities recently held its annual Real Estate Conference in New York, highlighted by presentations and panels designed to update investors on all segments of the continuum of residential real estate land development, multifamily, single-family rental, master planned communities, and new home sales.Source: JMP Securities
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Dozens of metropolitan areas throughout the U.S. are dealing with an issue that has evaded Charlotte: suburban sprawl. North Carolina's most populous metro area is one of a handful in the nation that saw more urbanized growth from 2010 to 2016, according to an article published this week by The New York Times.Source: Charlotte Business Journal
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Residential building permit trend report 6/30/16Source: The Market Edge
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Temperatures may have been colder than normal, but house hunters were hot on the trail in Charlotte, North Carolina. Closed sales in the city in February rose nearly 27 percent from a year ago, according to the Carolina Regional Realtors Association.Source: CNBC
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