Real Estate news & articles from Raleigh, NC

Real Estate

Triangle home sales increase 26 percent in third quarter

A new home on the corner of Bennettwood Ct.. and W. Millbrook Rd. in the Bennett Place subdivision in NW Raleigh is worked on Oct. 1, 2013. New single-family building permits were up 35 percent in Wake County through the first eight months of the year, according to data compiled by the Home Builders Association of Raleigh-Wake County.

Triangle home sales increased 26 percent in the third quarter compared to the same period a year ago, as the market continued to be driven by the same dynamics that have been in place for the past year.

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Archive by category ''Real Estate

REAL ESTATE

Aloft Hotel near NCSU will replace Sadlack's, Schoolkids Records

Construction of a new 135-room boutique hotel, part of Starwood Hotels & Resorts Worldwide's Aloft brand, will begin in the second quarter of next year across from the NC State University Bell Tower.
REAL ESTATE

Prolonged shutdown could damage housing recovery

A prolonged government shutdown could deliver a substantial blow to an already softening housing recovery. If the political standoff lasts for weeks, it could stall sales because lenders can't use IRS documents to confirm borrower qualifications. The impasse could also threaten loans backed by agencies...
REAL ESTATE

Wells, Bank of America face new criticism of mortgage servicing practices

Two watchdogs took separate actions Wednesday to take aim at missing paperwork and delayed responses during mortgage modifications.
WAKE COUNTY

Panel rejects Cameron Village zoning change for ex-NCSU coach's house

Raleigh's planning commission on Tuesday rejected a rezoning for the former home of the late NC State basketball coach Everett Case, saying the move would unfairly restrict development on neighboring lots in fast-growing Cameron Village.
REAL ESTATE

Apartment developer buys land in Raleigh's Blount Street Commons project

The lead developer behind the Blount Street Commons project just north of downtown Raleigh has sold a 2-acre tract along Wilmington Street to a South Carolina apartment developer.
REAL ESTATE

How to hand down a family vacation home

Vacation homes are often places where happy family memories are made. Unfortunately, they can also be the source of headaches and disputes when heirs disagree about how to manage them.
REAL ESTATE

LexisNexis moving to Centennial Campus

Rapidly expanding LexisNexis, which has added roughly 120 jobs in the past 19 months and continues to hire, is shifting its Triangle operations from Cary to Raleigh.
WAKE COUNTY

Raleigh’s landmark Nehi bottling building will get makeover

The new owner of the 75-year-old Raleigh Nehi Bottling Company building on Hillsborough Street plans to restore it to its original appearance, down to repainting the big Royal Crown Cola sign on the side.
REAL DEALS

Real Deals: Downtown Raleigh, North Hills office projects jockey for tenants

With three office projects moving ahead simultaneously -- two in downtown Raleigh and one at North Hills -- the market is experiencing the type of horse race that has been extremely rare in recent years.
ECONOMY

Wells Fargo cutting 27 Raleigh positions in second round of layoffs

Banking giant Wells Fargo is laying off an additional 27 workers in Raleigh as demand for refinancings slows. The cuts part of a second round of cuts that will eliminate 1,865 positions nationwide.