Sylvia S. Gause's Blog

Charlotte Business Journal Date: Wednesday, December 8, 2010, 1:15pm ESTRead more: Charlotte home sales drop 26% | Charlotte Business Journal The number of homes sold last month in the Charlotte market fell 25.7 percent from November 2009. The Charlotte Regional Realtor Association says 1,487 hom...

December 5th, 2010 in CDPE by cdpe 0 With all the noise surrounding the "robo-signing scandal" and subsequent foreclosure freeze, it may have taken some by surprise that the banks would issue another "freeze" on their foreclosure processes. But as we predicted, the major banks - as well as Fannie...

Industry data released Thursday showed that the number of contracts signed for home purchases climbed in October. The news came as a surprise to analysts and industry professionals who have been anticipating a continued falloff in buyer demand due to the typical seasonal slowdown in home sales, c...

German manufacturer opens facility in Charlotte SINGLE Temperature Controls, Inc. has opened a full-scale marketing, distribution and service facility in Charlotte.  The company is a subsidiary of SINGLE Temperiertechnik GmbH of Hochdorf, Germany, Europe's leading manufacturer of high-performance...

Foundation Financial Group announced today that they will add an additional 30 jobs at their University City mortgage sales center by the end of the first quarter 2011. The company previously announced in September 50 new jobs by year's end, bringing their new jobs total to 80. The new positions ...

Forsite Development Chooses ICM, Inc. To Provide Gasifier Technology for ReVenture Park - 145 new jobs to be created Forsite Development, lead developer for ReVenture Park, today announced its selection of the biomass gasifier technology for its proposed Waste-To-Energy (WTE) project. ReVenture P...

Less than three years after establishing a nuclear power presence in uptown Charlotte, Shaw's Power Group has announced a major global strategic partnership with Toshiba Corporation that will bring an estimated 225 new jobs to the Charlotte area. More than 80 percent of the new hires will be for ...

Charlotte is the 18th-largest city in the United States, according to a projections based on the latest U.S. Census data. The Charlotte area has 729,781 residents as of Monday, up from 569,858 in 2000, according to projections compiled by Business First of Buffalo, N.Y. Business First is a sister...

Servicers have picked up the pace as they work through a backlog of home loans that have languished in late-stage delinquency status for months, and in some cases well over a year. Liquidation activity has accelerated, and as a result, Lender Processing Services (LPS) says lenders' foreclosure in...

that [the foreclosure scandal] is going to lead to a substantial number of foreclosures being permanently forgotten," Rep. Barney Frank said during Congressional hearings yesterday [reported by the Washington Post]. Strong words from the outgoing chairman of the Financial Services Committee, and ...