North Carolina

If you're trying to buy a house in Charlotte, buckle up for a rough ride: The inventory shortages and high prices that have plagued buyers for months got worse in July.

Charlotte's red-hot real estate market is squeezing potential homebuyers out and driving down sales, a consequence of fast-rising home prices.

Movement Mortgage is laying off 100 employees nationwide as the lender founded by a former Carolina Panthers player braces for an industry slowdown.

Charlotte is losing the headquarters of RoundPoint Mortgage Servicing Corp., which is relocating just over the South Carolina border in exchange for a state incentives package.

Every month it seems the Charlotte home market can't get much tighter, then every month, it does.

Charlotte Mayor Vi Lyles said that she plans to seek $50 million in affordable housing bonds in the fall, more than tripling the amount of local money available for low-income housing.

Greensboro, N.C., home prices increased by 3.34% from January 2017 to January 2018, according to a report from CoreLogic.

The Charlotte region added about 25,000 jobs last year, and Mecklenburg County is expected to grow to about 1.4 million people by 2030, a nearly 40% increase.

Ocwen Financial is receiving a lump-sum payment of $280 million from New Residential under the latest restructuring of the mortgage servicing rights sale.

The company, which bought BNC Bancorp to enter North Carolina last year, recorded $19.1 million in merger-related expenses and an $8.3 million pretax loss tied to investment securities.