North Carolina

Home sales in the Charlotte, N.C., area are rebounding after taking a major blow from the novel coronavirus pandemic, even as the shortage of homes is worsening.

The Charlotte, N.C., housing market is slowly beginning to recover from the economic downturn of the COVID-19 pandemic, new data from the local real estate association show.

Several Senate Banking Committee members from both parties are facing tough reelection challenges in a year when control of the entire chamber — and the banking policy agenda — may be up for grabs.

As the economic fallout from the novel coronavirus pandemic continues to widen, the Charlotte area housing market saw its largest drop in home sales last month in over a decade.

To address the coronavirus' impact, banks like Truist and Ally and nonbanks like Quicken Loans are assisting communities as well as making adjustments to support their workforce and customers.

The North Carolina company will hold onto the loans after the Fed's decision to slash interest rates.

Home sales were up in all three of the Greensboro-High Point, N.C., metropolitan area's counties of Guilford, Randolph and Rockingham.

A Charlotte, N.C., developer detailed plans to build apartments and commercial space through a federal tax program that has faced scrutiny in recent months.

Wyndham Capital Mortgage realigned its executive suite with the promotions of Ben Cowen to president and Josh Hankins to chief operating officer.

HomeTrust Bancshares in Asheville, N.C., sold a portfolio of residential mortgages as part of a balance sheet restructuring, with plans to sell more.

Charlotte's housing market saw a welcome spike in sales in September, but the lack of supply of homes continues to worsen.

Spooked that the newly renovated house you're about to buy in Charlotte may be haunted?

Home sales in the Wilmington, N.C., area finished the summer strong and steady, according to August figures from the Cape Fear Realtors.

The residential construction market is giving off conflicting signals about whether the nation is heading toward a downturn, according to BuildFax.

A key measure of the sales prices for homes saw its largest jump this year, as Charlotte's real estate market continues to struggle with a shortage of homes and rising demand.

Will the new commitment, which is 5% over what the banks have reinvested recently on their own, assuage advocacy groups' concerns about the merger?

Prime selling season is in full swing, but despite another month of a slight increase in home sales, Charlotte still has a low supply of houses for sale.

The potential for longer homeowner recovery times from hurricanes could hurt mortgage companies that need to advance funds to investors from missed payments.

Some good news emerged in the housing market recently, but there's one factor that means homebuyers aren't likely to see any relief soon: low supply.

Homes in Charlotte are selling fast. Prices are shooting up. Demand is growing.