Charlotte
REAL ESTATE
Thousands of cookie-cutter apartments are being constructed around Charlotte
A record number of new apartments are going up in Charlotte. And if many look copied and pasted, that's because they are.Why it matters: It's not just Charlotte experiencing the cookie-cutter apartment phenomenon. Big cities across the U.S. are becoming more indistinguishable because of universal building codes and economics.Driving the news: In the historic Elizabeth neighborhood, Charlotte city leaders deferred (and nearly shot down) Centrum Realty & Development's proposal for a multi-family building last month because of its differing scale. The rezoning case shows how much more time and effort it takes to create something out of the box.The proposed...
Charlotte realtor's advice for anyone buying a house this summer
CHARLOTTE, N.C. — The Charlotte real estate market has seen significant changes in recent months thanks to rising interest rates and shifting buyer behavior. So what should you expect if you're looking to buy or sell a house this summer?. First, interest rates have skyrocketed over the past year....
Plan for CMS teacher housing includes four ‘villages,’ aid for renting and buying
Charlotte-Mecklenburg Schools has a long-range vision for recruiting teachers by building four “Teacher Village” affordable housing complexes and finding subsidies for renters and homebuyers. It would require a partnership between private investors, developers, landlords, the school district, the county and the city of Charlotte. The four villages alone...
Affordable housing update emphasized in Davidson budget talks
DAVIDSON – A brief public hearing and a second update on the proposed municipal budget for Fiscal Year 2025 – which maintains the town’s tax rate at 26.6 cents per $100 valuation while, due to tax base growth and sales tax projections, generating around 5 percent more revenue to offset rising expenditures – highlighted the town board’s most recent session.
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