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Category: Real Estate & Properties

Overview of the Charlotte housing market with homes in an urban setting.
Business News

Charlotte Faces Housing Market Challenges Ahead of 2024

News Summary As Charlotte approaches 2024, its housing market encounters various challenges, including privacy concerns and fluctuating home prices. Sellers are increasingly cautious about revealing personal belongings in listings due to privacy breaches. Despite a dip in home inventory leading to a seller’s market, the upcoming $6 billion River District project brings hope for future development. Experts remain cautiously optimistic, anticipating a potential improvement in inventory and buyer conditions with

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A luxurious home on Lake Wylie waterfront with beautiful landscaping.
Business News

Lake Wylie Sets New Record with $5.6 Million Home Sale

News Summary In a groundbreaking sale, a Lake Wylie home sold for $5.6 million, marking the highest price ever in the Charlotte area real estate market. This luxurious estate spans 17,000 square feet on 11 waterfront acres, featuring seven bedrooms, eight bathrooms, and a guest house. The sale reflects the growing demand for high-end homes in Lake Wylie, with several properties recently exceeding $1 million. As the market flourishes, Lake

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Local officials discussing affordable housing plans
Business News

Cabarrus County Allocates $2 Million for Affordable Housing

News Summary Cabarrus County has taken a significant step towards addressing affordable housing challenges by allocating $2 million in its FY25 budget. This initiative includes the establishment of a revolving loan fund aimed at supporting housing programs. Local organizations like Down Home NC and Habitat for Humanity can apply for low-interest loans to create permanent housing solutions. This funding reflects a growing commitment from county officials to prioritize housing issues

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A suburban home in Cabarrus County representing property tax issues.
Business News

Cabarrus County Couple Loses Nine Years to Property Tax Overpayment

News Summary Jan and Tom Keel, a retired couple in Cabarrus County, discovered they have been overpaying their property taxes for nearly nine years due to a square footage error. The couple’s home was recorded inaccurately, leading to financial losses they can no longer recoup. As they navigated the complexities of tax records and appraisals, their experience serves as a cautionary tale for all homeowners to verify their property tax

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Costco Announces New Store Opening in Indian Land, South Carolina by Late 2025
Business News

Costco Announces New Store Opening in Indian Land, South Carolina by Late 2025

Exciting News for Indian Land: Costco is Coming! Hold onto your shopping carts, folks! Indian Land, a charming area in South Carolina, is about to become even more shopper-friendly with the arrival of a new Costco store! The popular retailer has just made waves by purchasing a whopping 27.9 acres for approximately $6.4 million. This prime piece of land is situated on Charlotte Highway, inside the mixed-use development known as

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Stunning Homes in Charlotte: Discover the Latest Listings on the Market!
Business News

Stunning Homes in Charlotte: Discover the Latest Listings on the Market!

Stunning Homes in Charlotte: What’s Hot on the Market! Hey there, home seekers! If you’re on the lookout for your dream pad in Charlotte, you’re in for a treat! This week’s edition shines a spotlight on some absolutely beautiful homes that are hitting the market, each offering something unique that will make your heart skip a beat. Let’s dive in and take a closer look at these fabulous listings! Mid-Century

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Charlotte's Housing Market Hits New Heights as Demand Surges
Business News

Charlotte’s Housing Market Hits New Heights as Demand Surges

Charlotte’s Housing Market Steams Ahead with Demand! Hey there, Charlotte! Have you been keeping an eye on the housing market lately? Well, it looks like we’ve got some interesting news to share! Recent data shows that the market is buzzing, with strong pent-up demand among buyers across our lovely city. Let’s break it all down for you. Record Home Sales in November Canopy MLS released some exciting figures this month,

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Wesley Chapel's New Publix Store Set to Boost Grocery Competition in Charlotte Area
Business News

Wesley Chapel’s New Publix Store Set to Boost Grocery Competition in Charlotte Area

Wesley Chapel Welcomes New Publix Store as Grocery Competition Heats Up Hey there, Wesley Chapel! Exciting news is on the horizon for local grocery shoppers because Publix Super Market is gearing up to open its third store right here in Union County. That’s right! On the southeast corner of Weddington and Waxhaw Indian Trail roads, this grocery giant is set to add a 50,325-square-foot store to its impressive lineup. What

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Major Development Project Set to Transform South Charlotte with New Housing and Retail Options
Business News

Major Development Project Set to Transform South Charlotte with New Housing and Retail Options

Exciting New Developments Coming to South Charlotte! Charlotte residents are buzzing with excitement following a recent announcement that promises to transform the area with a host of new retail, dining, and housing options. Yes, you heard it right! The Charlotte City Council has given a big thumbs up to a rezoning request that covers a whopping 115 acres at the intersection of Providence and Old Providence Roads—and it has residents

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Charlotte's Construction Scene: A Temporary Slowdown with Promising Signs Ahead
Business News

Charlotte’s Construction Scene: A Temporary Slowdown with Promising Signs Ahead

Charlotte: A Shifting Sky of Construction Hey there, Charlotte residents! If you’ve noticed that the skyline isn’t dotted with as many cranes as it used to be, you’re not alone. It seems our fair city is taking a little break from the construction frenzy that had it buzzing in the previous years. But don’t worry! We might see that energy returning as we head into 2025. What’s Happening in Construction?

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