Real Estate

Mecklenburg County Manager Dena Diorio talked to reporters Wednesday about this week's hacker attack on county servers.
David Boraks / WFAE

County Manager Dena Diorio says hackers from the Ukraine or Iran are likely behind this week's attack that shut down Mecklenburg County computer systems. County officials said Wednesday afternoon the county will not pay a $23,000 ransom in the electronic currency Bitcoins demanded by the attackers. They say the county will restore its systems from backups.

Mecklenburg County houses and commercial buildings are due for another property revaluation in 2019.  Values are expected to jump. The last one in 2011 had to be redone because of errors. The county assessor says this time will be different. 

A 26-year-old man has been charged with stabbing his mother to death in Charlotte Monday. Meanwhile, a wildfire near Pisgah National Forest is threatening homes and affecting air quality in western North Carolina. And at South Carolina state court,  Dylann Roof has been sentenced to nine life terms in the shooting deaths of nine people at a Charleston church in 2015.

Houses, sidewalk, trees
strfsh / Flickr https://creativecommons.org/licenses/by/2.0/

 

 

One of the best metrics the federal government puts out to describe how much money Americans make is median household income. It’s the point where half of households are above, and half are below.

Julie Rose

Apartment construction is on the rise nationwide, and Charlotte is one of the most active markets in the country. Multi-million dollar apartment complexes are springing up as never before to the tune of more than 10,000 apartment units under construction and 10,000 others in the pipeline, primarily in the uptown area, according to Real Data, which tracks apartment markets in portions of the southeast.

New reality in realty

Mar 17, 2009

In 2006, Charlotte's real estate market was hot. More homes were selling than ever before. For realtors, life was good. But in the past year and a half, that's changed. A once hot market has cooled significantly, and all of a sudden, what it means to be a realtor in Charlotte has changed too.