Real Estate

This category contains 105 posts

‘Mother of all revals’ less than a year away

By Dave Vieser. With property values in the Golden Crescent taking off, the impact of Mecklenburg County’s county-wide property reassessment, or “reval,” is only nine months away. By state law, the “reval” must be done once every eight years; notifications with the new assessments will be mailed out in January 2019. Commercial property owners are […]

March-2018NMB.indd

Affordable housing: What’s the impact of rising property values

  Affordable housing—also known as workforce housing in the world of economic development—will be the topic of the Business Today Newsmakers Breakfast March 21 at The Peninsula Club. Workforce housing is a term used by planners and economic developers to describe suitable living accommodations for people like first responders, single parents, teachers and service workers […]

15615 June Washam

Hot Properties: Prices rose 5.9% last year, more gains ahead

According to the new December Case Shiller Home Price Index, single-family home prices rose by 6.3 percent in 2017 with Seattle and Las Vegas leading the way. Seattle prices rose at a shocking 12.7 percent last year; Las Vegas, 11.1 percent. Charlotte prices rose at the rate of 5.9 percent last year, which is just […]

Gates_online

Hot Properties: To gate or not to gate, that is the question

By Dave Vieser. What’s best? Connectivity or swank, gated communities? That question is surfacing as traffic worsens near older developments and smaller, high-priced infill projects pop up. Many municipalities established partial or full prohibitions on gated communities—even though the streets are on private property—preferring instead to promote connectivity. Now, at least one municipality is taking […]

Corporate Realty Rendering

$300 million Kannapolis project will further jump-start downtown

By Kate Stevens. An Alabama-based real estate development company plans to invest hundreds of millions of dollars in efforts to transform downtown Kannapolis through four proposed projects including the construction of office, retail and restaurant space. Corporate Realty Inc., of Birmingham, Alabama, plans to invest $300 million in new construction and the redevelopment of downtown […]

18906 Halyard Pointe_Ln

Hot Properties: February 2018

In Cornelius A lakefront home at 18906 Halyard Pointe Lane in The Peninsula has sold for $1.68 million after being listed at $1.725 million by Lori Jackson at Ivester Jackson Properties. The 5,483 square foot home, which was on the market 173 days, has been extensively updated. Assessed at $1.21 million, the house has two […]

RCCC breaks ground for advanced tech center

Jan. 25. Rowan-Cabarrus Community College has officially broken ground on a new Advanced Technology Center (ATC) at the North Carolina Research Campus in Kannapolis. The Advanced Technology Center project is the result of collaborative funding by both private and public partners. The combined efforts and support of the Cabarrus County Bond Referendum ($9 million), Cabarrus […]

223 Mayfair Road

Hot Properties: January 2018

In Cornelius A golf course home at 18300 Invergordon Lane in The Peninsula has sold for $654,000 after being listed at $685,000 by Dixie Dean of Allen Tate/Lake Norman two months ago. Assessed at $453,000, the four-bedroom house has a total of 3,130 square feet of space, with exceptional views of the course, front and […]

$38 million Corning Optical HQ under way in Riverbend

Beacon Partners has begun construction on Corning’s optical headquarters in Riverbend Village near Hwy. 16 and 485. The $38 million project will house some 650 employees who work in Corning’s largest business. The New York-based manufacturing giant is adding 410 jobs in Cabarrus and Catawba counties. It already employs more than 3,000 people at five […]

Home Transactions – November 2017

THESE ARE RECENT PROPERTY TRANSACTIONS RECORDED BY THE COUNTY REGISTER OF DEEDS IN CABARRUS, IREDELL AND MECKLENBURG. CABARRUS COUNTY 10/17/17 $290,000 Miguel Rivera & Betzaida Gonzalez to Brian & Heather Drum, 10918 River Oaks Dr., Concord 10/18/17 $258,000 NVR, Inc. to Jun Song & You Kang, 11941 Discovery Dr., Concord 10/18/17 $385,000 Thomas & Melissa […]

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