On Friday, President Trump signed a $2 Trillion Stimulus Plan known as the Cares Act (Coronavirus Aid, Relief and Economic Security Act) into law designed to help with the coronavirus pandemic. It is the largest economic stimulus package in modern American History. Under this new law, the government will send direct payments and unemployment benefits… [Read More]
Amid Coronavirus Outbreak Charlotte Shows Economic Strength
A new Metro Monitor 2020 report released by The Brookings Institution reveals the United States has achieved a record-long economic expansion over the past decade. The report is an annual analysis that tracks various communities’ economic growth, prosperity and inclusiveness. The data was collected over two time periods: 2008-2018, the decade following the 2007 global… [Read More]
Charlotte Tops List for Homebuyers Seeking Affordability And Growing Salaries
Thanks to the low cost of new home construction, Charlotte is in a prime position to attract new home buyers for the next decade and years to come. That’s according to an article by Redfin. Charlotte is among four smaller metros that include Spokane, Las Vegas, and Orlando which were all highlighted in the article…. [Read More]
Plans detailed in new documents for Eastland Mall site
A rezoning petition has been filed by the city of Charlotte along with Master Developer, Crosland Southeast, for the former Eastland Mall property site. The city’s “Vision for Eastland†rezoning petition was filed early last week. Plans for the site which has been vacant since the mall was demolished in 2013, is the result of… [Read More]
NoDa townhomes, Indian Trail homes on the horizon
Two new projects, very different in scope and target market, are coming to the inventory-starved Charlotte scene. Poe NoDa, which bills itself as “uncustomary townhomes for the counterculture of Charlotte,” is set to break ground soon at 2715 N. Davidson St. Developed by byFiorenza Communities, Poe is a small community of 29 townhomes on 1.6… [Read More]
Charlotte housing market ends ’19 on upswing
Though the Charlotte housing market may have started 2019 off slowly, the region saw a flurry of housing activity in December and had a nearly 6 percent increase for the year over 2018 totals for residential sales. Monthly home sales rose 17.2 percent in December compared to December 2018. In total, 50,854 homes sold in… [Read More]