Real Estate news & articles from Raleigh, NC

Real Estate

Kane plans 18-story office tower for Raleigh's North Hills

At left is a rendering of North Hills Tower Two, an 18-story building planned for the corner of Six Forks and Dartmouth roads in Raleigh.

Kane Realty plans to begin construction of an 18-story office tower at North Hills in December. The tower is part of a wave of new construction taking place at North Hills. The $82 million project, to be built on Six Forks Road between the 17-story... 2 hours ago

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Archive by category ''Real Estate

REAL DEALS

Real Deals: Housing recovery leads to land squeeze for Wake County schools

While it may surprise some that Wake County schools is again facing the kind of land crisis that surfaced six years ago at the height of the housing bubble, it shouldn't. The Triangle's rapidly improving housing market in recent months has led to the appearance of phenomena not seen in years.
REAL ESTATE

NC Senate committee votes to roll back building efficiency standards

A legislative effort to slash the state’s energy efficiency requirements for new buildings gained crucial support in a Senate committee Tuesday.
REAL ESTATE

US homebuilder confidence soars to 7-year high

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.
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.