No vote was held at the Feb. 23 meeting. Another public hearing will be held before the town’s planning and zoning board on April 17. If approved, the project would be partially funded by federal housing grants Cary receives and distributes through a competitive application process each year.
The Town Council’s master plan for Knightdale Station Park calls for a two-sided stage, a veterans’ memorial plaza, a promenade, public-private partnerships for shops and restaurants, and more parking.
The letter arrived in Robin Roberts' mailbox innocently enough late last year. The envelope bore her name and her address. Neatly folded inside was a piece of paper, what appeared to be a handwritten note.
Rising interest rates reduce the demand for housing by increasing the monthly payment on the mortgage most borrowers need to finance a purchase. In today's market, a consumer with good credit and the capacity to put 20 percent down, looking to borrow the $200,000 needed to purchase a $250,000 house, can obtain a 30-year fixed-rate mortgage at 4 percent, on which the monthly payment is $955. When the rate goes to 8 percent, which is what I paid on my last mortgage, the payment will be $1,468.
Durham architect Phil Freelon today announced that his group will undertake completion of the stalled N.C. Freedom Park in downtown Raleigh to honor the contributions of African-Americans to the state.
D&N Development wants to build a mixed-use development called Spencer Ridge on a 17.3-acre site at the corner of Falls of Neuse and Raven Ridge roads. Half of the Raleigh City Council recently voted (unsuccessfully) to deny the proposal.
Redevelopment goals established in 2012 for the former ConAgra Foods site on Jones Sausage Road haven’t changed, and neither has the abandoned tract of land. But town leaders are starting to reconsider their strategy for attracting a new company or companies to the site.
An hour after Donald Trump took the oath of office last month, his administration caught the attention of the real estate industry when it abruptly suspended a planned cut in Federal Housing Administration mortgage-insurance premiums.
CHICAGO - It's a classic story: Two people meet, fall in love, decide to move in together. If the lovebirds are moving from one rented pad to another, it's a simple enough plan to wait until a lease is over and search for a shared abode. But if, like many young professionals, both halves of the couple already own property, the path to domestic bliss becomes a bit more complex.
Last week, I wrote an article on how home mortgage borrowers who have been required to purchase mortgage insurance could earn a high rate of return by paying it off - with the help of a new spreadsheet now on my website. That article ignored what would have been the first question posed by a smart visitor from Mars: Why does the borrower pay for insurance that protects the lender?
Q: I have been renting a condominium for the past several years. The man I have been dating stays over frequently. A board member approached me and told me I need to fill out a tenant application and pay a fee for my boyfriend. The condo rules state that guests may not stay more than 14 days in any six-month period. My landlord is unaware of any of this. It all seems so juvenile to ask if I can have a sleepover. Do we need to pay this fee?
Commissioners worked through some debated conditions and unanimously approved the subdivision, which can bring at most 837 units on about 210 acres at Old Bunn and Parks Village roads on the east side of Zebulon.
Construction nears completion on a Residence Inn by Marriott hotel Thursday, January 19, 2016 in downtown Raleigh. More than 1,000 hotel rooms are slated to open in Wake County in 2017, the most hotel rooms county wide in a single year since 1999.
New hotel nears completion in downtown Raleigh
Tir Na nOg says goodbye
Wendell Falls project back on track
Longtime lung transplant survivor "So eternally grateful," to donor