Village of South Main facing possible foreclosure

Village of South Main

Sales signs tout the Village of South Main. (David Boraks/DavidsonNews.net)

Community One Bank has begun foreclosure proceedings on the Village of South Main, a failed, partially-constructed townhome complex off South Main Street in Davidson. Only a dozen of the project’s planned 39 units have been built, and none have been sold. The developers have defaulted on about $4 million in loans, according to a notice posted at the site last week.

A foreclosure hearing is planned June 6 at 9 a.m. at Mecklenburg County Superior Court in Charlotte. Read the full story

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Posted in home building, Natural Assets & Tree board, Planning and development, Real estate marketComments Off on Village of South Main facing possible foreclosure

Home sales fell in April, but prices on the rise

CHARLOTTE – Residential home sales declined 15.8 percent in April from a year earlier, and they were down 1.1 percent from March, according to figures Tuesday from Charlotte Regional Realtor Association. But home sale prices rose from both a year ago and the previous month, according to the association. Read the full story

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Posted in Real estate marketComments Off on Home sales fell in April, but prices on the rise

Using sex appeal to sell luxury homes

Realtor Miriam Peters being photographed in one of her luxury home listings by photographer Leif Wombwell.

Realtor Miriam Peters being photographed in a luxury home by photographer Leif Wombwell. (WFAE photo)

wfae bug By JULIE ROSE
WFAE

 

The sight of a sexy model in an ad for jeans or perfume or even appliances hardly raises an eyebrow these days. But a small Charlotte-area real estate firm is raising eyebrows a-plenty with its effort to sell luxurious mansions with sexy ads. Some say it’s tasteless. The young Realtors behind the plan say it’s working.

On location at their latest photo shoot, a blonde in tight jeans arches her back and tips a wine glass to her glossy lips. Her date leans closer, admiring. Read the full story

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Posted in Industry news, People, Real estate marketComments (1)

2-story entrances are grand, but how to decorate?

teal michel bug

Two story foyer with ledge over door

This foyer has a ledge over the front door, and can only be reached by ladder. Window treatments must be no-maintenance.

Two-story entrances or foyers are inviting because of the airy open space they create to greet and interact with guests. But they can be challenging to decorate because of the sheer expanse of their walls.

Single-story ceiling heights vary between 8 to 10 feet, these usually are fairly easily decorated with the addition of pictures. Two-story entrances can be 18 feet or more, and often include challenging areas such as small ledges over the door or on adjacent walls. Additionally the front door frequently has an unusually shaped window over it which calls out for a decorative window treatment. Often the window covering needs to also control the sun exposure in the space. Read the full story

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Posted in interior design, teal michelComments Off on 2-story entrances are grand, but how to decorate?

Construction spending rises after 3 months down

Construction spending rose 1.4 percent during March as the nation’s builders started work on more commercial construction projects, from office buildings to factories to homes. The boost came after three months of declines and prompted some economists to predict continuing improvement in residential construction later this year. Read the full story

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Posted in home building, Industry news, Planning and development, Real estate marketComments Off on Construction spending rises after 3 months down

Methodist Habitat project seeks women volunteers

DUMC volunteers at Habitat work site

DUMC volunteers at the Poole Place Habitat for Humanity work site.

SOURCE: Davidson United Methodist Church
Davidson United Methodist Church is putting out a call for women volunteers as the church joins in Habitat for Humanity’s Women Build celebration the week of May 1-7. The church is building a home at Poole Place in Cornelius with Our Towns Habitat for Humanity, and is seeking women to staff a work day on Saturday, May 7. Read the full story

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