Real Estate news & articles from Raleigh, NC

Real Estate

US homebuilder confidence soars to 7-year high

In this Monday, May 6, 2013 photo, construction is underway on the infrastructure of a multi-acre housing development in Zelienople, Pa. For the first time in seven years, most U.S. homebuilders are optimistic about home sales, a sign that construction could help drive stronger economic growth in coming months, according to reports Monday, June 17, 2013.

For the first time in seven years, most U.S. homebuilders are optimistic about home sales, a sign that construction could help drive stronger economic growth in coming months.

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Archive by category ''Real Estate

REAL ESTATE

Raleigh-based Stock Building Supply seeks to raise $175 million in IPO

Stock Building Supply, the Raleigh company that sells building materials to the residential construction industry, has filed plans to raise as much as $175 million in an initial public offering of stock.
REAL DEALS

Real Deals: Lack of financing exacerbates tenants flight to nicer space

While recessions typically cause many tenants to leave older buildings for nicer digs, the flight to quality has been particularly pronounced this time around.
REAL ESTATE

Triangle home sales surge while inventory levels continue to fall

Triangle home sales jumped 34 percent in May as buyers plowed into a market that continues to offer them little in the way of inventory.
CHATHAM COUNTY

Pittsboro students build 450-square-foot cottage to promote sustainable living

A 450-square-foot energy efficient cottage built by students at Central Carolina Community College’s Pittsboro campus will go up for auction Friday. The house is designed to promote “green” and sustainable living while the program educates students in “green” ...
STATE POLITICS

Cap on mortgage deductions is back in House tax bill

One day after the cap had been lifted, House leadership brought it back but it took long and intense negotiations.
REAL DEALS

Real Deals: Home prices surge despite sluggish wage growth

It can be tantalizing to view the latest home prices data as having the finality of a company’s stock price, with sellers assuming they will now be able to get X percent more for their home. But the reality is more complicated.
DURHAM COUNTY

Durham City Council rejects 751 South again

By a 4-3 vote that did not come until almost midnight, the Durham City Council denied the 751 South developers’ application for water-sewer service and annexation, despite the prospect of General Assembly action to overrule the city’s decision.
REAL ESTATE

Blue Cross leaving landmark Chapel Hill headquarters for Durham

Blue Cross Blue Shield of North Carolina will vacate its landmark headquarters in Chapel Hill next year as the insurer consolidates its Triangle workforce on its expanding Durham campus.
WAKE COUNTY

Fire hits apartments under construction near NCSU in Raleigh

Fire broke out in a luxury-apartment building under construction at 910 Tryon Hill Drive in Raleigh on Friday morning, and firefighters battled heavy smoke that was held in the building by closed windows and doors on several floors of the building.
REAL ESTATE

Highwoods’ huge Cary office project fits MetLife profile

Plans are on the table for one of the town’s largest office projects in years – and the proposed seven-story office park could be the future home of MetLife.