Cramerton
REAL ESTATE
Gaston County home listings asked for less money in June – see the current median price here
The median home in Gaston County listed for $338,900 in June, down 0.2% from the previous month's $339,400, an analysis of data from Realtor.com shows. Compared to June 2023, the median home list price decreased 3% from $349,450. The statistics in this article only pertain to houses listed for sale...
Median-income families getting priced out of housing market
CHARLOTTE, N.C. — A new report from Zillow shows how out of reach an affordable monthly mortgage is for a median-income household. Housing is considered affordable when payments are no more than 30% of that household or family's monthly income. According to Zillow, a median-income family would need to put down about 35.4% of the total cost of the house up front to make the monthly mortgage payment affordable.
7 Reasons Why Retirement in Charlotte, North Carolina, Can Cost Less Than $50,000 a Year
Retirement is a time to enjoy the fruits of your labor, and finding a place where you can live comfortably is a crucial key to achieving your financial goals. Senior living in North Carolina,...
Standard Buys Charlotte-Area Affordable Asset
Darby Development sold the 100-unit property. Standard Communities has purchased Laurel Hill Apartments, a 100-unit, fully affordable community in Shelby, N.C. Capitalization amounted to $16.4 million. According to Yardi Matrix data, the seller was Darby Development. Financing included a $2 million Fannie Mae loan originated by Regions Bank and $9.3...
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