Foundry Commercial Facilitates Land Transaction for Major Durham Mixed-Use Community
Foundry Commercial’s Land Advisory Group in Raleigh is proud to announce its representation of SpaceCraft in the acquisition and rezoning of a 95-acre tract in Durham, North Carolina. Approved unanimously by Durham City Council in January, the rezoning paves the way for Brickworks, a thoughtfully designed, mixed-use community that will include up to 1,880 residential…
Construction of 461-unit Mixed-Use Multi-family Community underway by McShane in Greenville
McShane Construction Company’s Southeast regional team was selected to build a 461-unit multi-family community in Greenville, South Carolina, for repeat client Flournoy Development Group. “We are thrilled to partner with Flournoy Development Group once again to bring this dynamic and thoughtfully designed community to Greenville,” commented Dave Meadows, Vice President & Regional Manager at McShane….
Caruso Homes Debuts Decorated Model at Rolling Meadows in Mooresville, NC
Caruso Homes is excited to announce the grand opening of their only model home in the Charlotte area at Rolling Meadows, its newest luxury community in Mooresville, North Carolina. The decorated Lexington II model home, now open to the public, offers prospective buyers a firsthand look at the exceptional quality and craftsmanship that define Caruso Homes. The grand opening…
NEWSTAR Announces New Single-Family Rental Neighborhood Development in Charlotte, NC
NEWSTAR announced today that it has acquired 23 acres on Harrisburg Road in Charlotte, North Carolina, planned for development with 159 homes in a new single-family rental subdivision known as Long Farm. This project expands NEWSTAR’s Charlotte portfolio to more than 500 single-family lots and homes in various stages of construction, lease up, and operation. NEWSTAR is partnering on…
Addison Homes Receives U. S. Department of Energy 2024 Housing Innovation Grand Award
Addison Homes, a South Carolina homebuilder specializing in building healthy, high-performance homes that emphasize resilience to natural disasters, increased comfort and durability, better indoor air quality, and ultra energy efficiency, has received a Housing Innovation Grand Award from the U. S. Department of Energy. The award was presented at the 2024 Energy & Environmental Building…
Where Is New Construction Creating Affordable Housing Options? Look to the South and the West
A New Report from Realtor.com found South Carolina, North Carolina and Idaho are the top three states leading the new construction activity and affordability rankings. New Construction Nationally is Helping Add Needed Inventory and Affordable Options. Today, Realtor.com® launched a brand new report “New Construction Insights,” which found South Carolina, North Carolina and Idaho lead the way when it comes to new home construction. This report creates a ranking for…
Building Beyond the Home: North Carolina Native’s Construction Prowess Has Major Community Impact
From single-family developments to groundbreaking demonstration projects, Emily Bosman, Garman Homes’ product manager of land, leverages her homebuilding mastery and distinct design perspective to build more than just residential communities; she and the team at Garman Homes construct housing solutions that redefine joyfully built, meaningfully different urban living across the Carolinas. In this exclusive Q+A…
Multifamily Developer Confidence Falls in Second Quarter
Confidence in the market for new multifamily housing declined year-over-year in the second quarter, according to results from the Multifamily Market Survey (MMS) released today by the National Association of Home Builders (NAHB). The MMS produces two separate indices. The Multifamily Production Index (MPI) had a reading of 44, down 12 points year-over-year, while the…
Nearly Two-Thirds of Gen Z and Millennials Are Ready to Become Homeowners, Prices Are Holding Them Back
The dream of homeownership remains an integral part of life for Gen Z and Millennials in the U.S., who continue to feel that owning a home is important despite market conditions. In a consumer survey released today, RE/MAX, the #1 name in real estate1, showcases Gen Z and Millennials’ attitudes toward homeownership. Over the past several years, the housing…
A $1 Million Starter Home? It’s the Norm in 237 Cities
A million-dollar price tag no longer means lavish and luxurious living. In more than 200 U.S. cities, buyers will find a price tag of $1 million or more on the typical starter home, a new Zillow® analysis finds. The typical “starter home” — defined for this analysis as being among those in the lowest third of home values in…
