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618-home project near Lake Norman rejected over density concerns
A proposed 618-home project near Lake Norman has been rejected due to concerns over density. The planning board had previously recommended denial in August, but developers from Iron Gate plan to continue discussions with the county to pursue the project.
Homebuilding permits plunge in Charlotte metro as builders face infrastructure issues, rising land prices
Homebuilding permits in the Charlotte metro area have decreased significantly, with single-family permits dropping 28% from last year and 31% from five years ago. Builders are encountering various challenges, including infrastructure and zoning issues, as well as rising land prices.
Beacon Partners hires executive from Kane Realty amid mixed-use development push
Beacon Partners has hired an executive from Kane Realty as part of its strategy to enhance its mixed-use development initiatives. The company is actively acquiring properties in midtown Raleigh to expand its portfolio.
Priciest home sales cool in August after record-setting summer across Mecklenburg County
August saw a cooling in the priciest home sales in Mecklenburg County, with the highest sale reaching nearly $5 million. This follows a record-setting summer that included a $15.25 million estate in Lake Norman and a $15 million mansion in Quail Hollow earlier in the season.
New investors are turning to this housing trend
A rising trend in residential real estate is gaining attention as high single-family home prices prompt new investors to explore unique strategies. This approach, often referred to as house hacking, allows homeowners to offset their mortgage costs. The trend reflects changing dynamics in the housing market.
Raising Cane's moves forward on three Charlotte-area restaurants, with first openings in 2027
Raising Cane's is progressing with the development of three new restaurant locations in the Charlotte area, with the first expected to open in 2027. Construction is currently underway in Gastonia and at Concord Mills, while a third site in Pineville is still awaiting permitting.