Fort Mill
Real Estate
Investor restores apartment complex to former glory
ROCKINGHAM – A Charlotte investor hopes to restore the luster of a once-flourishing apartment complex. Formerly known as the Town Park Apartments, the newly christened Pinecrest Village Apartments saw a dramatic turnaround in the past few months with the new ownership group looking to return it to a place once known for housing the area’s doctors, dentists and lawyers while simultaneously keeping it affordable.
Residents say deed restrictions prevent triplex in south Charlotte neighborhood
Residents of a neighborhood in south Charlotte are suing to block a developer from building a triplex. It looks like it’s the first such lawsuit since new building regulations allowing duplexes and triplexes in most single-family neighborhoods took effect last year. Tony Mecia of the Charlotte Ledger Business Newsletter...
Realtor.com® Housing Report: Housing Market Takes a Step in a Buyer-Friendly Direction
According to the Realtor.com® housing report, buyers are looking at an optimistic mix of increasing inventory and an uptick in price reductions going into the Spring season. In March, the percentage o...
Federal Reserve decision on interest rates could make housing market even better for those with good credit
CHARLOTTE, N.C. — The Federal Reserve is expected to decide whether it will lower interest rates on Wednesday, but anyone looking to buy a home will need to look at more than just interest rates when trying to lock down a mortgage. Regardless of what happens on Wednesday, a...
More buyers paying cash as Charlotte median home price tops $430K
CHARLOTTE, N.C. — A new report's insight into Charlotte's real estate market shows more people are buying with cash rather than financing their homes. Charlotte-based real estate agency Redfin says buyers are doing whatever they can to pull together a large down payment. And it's not just to lower their mortgage. Sky-high home prices and interest rates are incentivizing people to put more money down upfront.
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