The Mecklenburg Times

12/19/2025

ATTOM has released its third quarter 2025 U.S. Home Flipping Report showing that 72,217 single-family homes and condominiums were flipped in the third quarter, accounting for 6.8 percent of home sales from July through September.

The number of flips nationwide was down quarter-over-quarter and year-over-year, from 79,335 in the previous quarter and 75,977 in the third quarter of last year. So was the share of flips, which accounted for 7.3 percent of all sales in the second quarter of the year and 7 percent in the third quarter of 2024.

As the nation experienced record high home prices, return on investment from flipping homes continued a decade-long decline. The typical profit margin for a flipped home in the third quarter was 23.1 percent, down from 26.5 percent in the previous quarter and 29.8 percent at the same time last year.

ATTOM reports home flipping activity and returns declined in Q3 2025, with profit margins dropping to the lowest level since 2008.

12/02/2025

ATTOM, a leading curator of land, property data, and real estate analytics, today released its Q3 2025 U.S. Residential Property Mortgage Origination Report, which shows that 1.77 million mortgages secured by residential property (1 to 4 units) were issued in the third quarter of 2025. That marked a 1.6 percent decrease from the prior quarter but a 1.9 percent increase from the same period last year.

The $600.4 billion in total dollar volume represented a 3.1 percent decrease from Q2 2025 but a 3.1 percent increase from the same time last year. Purchase loans declined quarter over quarter and year over year, while refinance loans and HELOCs edged higher on both a quarterly and annual basis.

“Mortgage activity eased back a touch from the spring pickup, but it’s still running slightly ahead of last year,” said Rob Barber, CEO at ATTOM.

Q3 2025 U.S. mortgage originations slipped slightly as refinance and HELOC activity rose, while purchase loans declined amid affordability pressures.

11/25/2025

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11/07/2025

ATTOM has released its third-quarter 2025 report analyzing qualified low-income Opportunity Zones targeted by Congress for economic redevelopment in the Tax Cuts and Jobs Act of 2017 (see full methodology below). In this report, ATTOM looked at 3,724 zones around the United States with sufficient data to analyze, meaning they had at least five home sales in the third quarter of 2025.

The analysis found that median single-family home and condo prices rose quarter-over-quarter in half (49.7 percent) of the Opportunity Zones with sufficient data in both quarters. Compared to the third quarter of 2024, median home prices rose in 54.6 percent of Opportunity Zones.

The third quarter of 2025 saw 11.3 percent of opportunity zones (422) hit their highest median home price since the Great Recession in 2008. And typical home prices rose by at least 10 percent year-over-year in 36.2 percent of Opportunity Zones with sufficient data to analyze.

Opportunity Zone home prices rose in Q3 2025, matching national growth rates, with 54.6% of zones seeing year-over-year gains.

11/05/2025

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11/03/2025

For the first time since 2021, fewer than half of the nation’s metro areas added construction jobs between August 2024 and August 2025, according to an analysis by the Associated General Contractors of America of new government employment data. Association officials noted that many private-sector developers appear to be putting projects on hold amid rising prices caused by tariffs, workforce shortages and higher interest rates.

“Construction employment has stalled or retreated in more and more areas as owners pull back on projects in the face of higher costs,” said Ken Simonson, the association’s chief economist. “Workforce shortages, tariffs and higher interest rates are inflating construction costs and schedules to the point where many projects no longer appear to make sense to developers.”

Only 177 metro areas or 49 percent added construction employees between August 2024 and August 2025. For the sixth-straight month, Arlington-Alexandria-Reston, Va.-W.Va.

For the first time since 2021, fewer than half of the nation’s metro areas added construction jobs between August 2024 and August 2025, according to an analy

10/31/2025

One new home in M/I Homes' Canterbury Station community has an especially meaningful purpose.

Proceeds from the sale of the Wingate home will benefit Pelotonia, a leading national non-profit that funds innovative cancer research. M/I Homes of Charlotte also hosted a golf tournament in support of Pelotonia. The benefit home and golf tournament together raised $276,777.39 for the national non-profit this year.

"Dozens of dedicated and talented folks came together to help us make this project happen, from our construction crew to our vendors," said Alan Beulah, area president at M/I Homes in Charlotte. “Cancer has touched so many families. We’re grateful to be able use our skills in the fight for cures.”

M/I Homes in Charlotte has donated more than $1.1 million to Pelotonia since 2021with the sale of benefit homes. One of the nation's largest homebuilders, M/I Homes has raised more than $13 million so far for Pelotonia since 2014.
/IHomes

One new home in M/I Homes' Canterbury Station community has an especially meaningful purpose. Proceeds from the sale of the Wingate home will benefit Pelo

10/30/2025

More local, first-to-market retail additions are slated for The Pass, the mixed-use community in Charlotte’s fast-growing NoDa Arts District. Vinyl listening room, Café Audire, and luxury dog spa, The Dog’s Club, will open this year, joining the forthcoming Mariah’s Taco Spot, Locker Room CLT and Common Thread Salon in the now fully occupied Raleigh Street retail suites.

Located at 4100, 4101 and 4212 Raleigh streets, The Pass is a 12-acre, trail- and transit-oriented community bracketed by a mini-pitch soccer field from Charlotte Football Club’s Pitches for Progress program, the Cross Charlotte Trail and the light rail at Sugar Creek Station.

More local, first-to-market retail additions are slated for The Pass, the mixed-use community in Charlotte’s fast-growing NoDa Arts District. Vinyl listening

10/28/2025

According to the third-quarter 2025 Vacant Property and Zombie Foreclosure Report from ATTOM, 1.4 million (1,385,902) residential properties, about 1.3 percent of all homes in the United States, are vacant. The national vacancy rate has been consistent for three-and-a-half years as the nation has experienced a high-demand housing market.

The report analyzes publicly recorded real estate data collected by ATTOM — including foreclosure status, equity and owner-occupancy status — matched against monthly updated vacancy data. (See full methodology below.)

ATTOM's analysis shows that 222,318 properties across the country were in the process of foreclosure in the third quarter of 2025.

Zombie foreclosures tick up slightly nationwide as U.S. home vacancy rates remain stable for the 14th straight quarter, ATTOM reports.

10/27/2025

PNC Bank has released findings from its third annual Financial Wellness in the Workplace Report entitled, "What today's workers value most, across generations," which summarizes survey data and in-depth interviews from more than 1,000 U.S. workers and more than 500 U.S. employers to better understand the financial health and wellness of today's workforce.

Overall, the survey revealed broad consistent trends when compared with previous years' results, though the percentage of workers who reported being stressed about their finances ticked down slightly. The survey findings show that 68% of workers report being "somewhat" or "very" stressed about their financial situation — down slightly from 70% in 2024 and 71% in 2023.

PNC Bank has released findings from its third annual Financial Wellness in the Workplace Report entitled, "What today's workers value most, across generations,

10/17/2025

Chris Orr of Romans Properties represented an institutional client in the acquisition of a 1.72 Acre Tract in Downtown Charlotte located at 725 E Trade Street. The client plans to expand their current data center next door with a new 4-story facility. The land site sold for $14.1 Million.

Orr also represented the seller on the acquisition of a three-building data center campus located in Hillsboro, Oregon. The sale included 3800-3935 Alocleck Drive and sold to a national Data Center Operator. The site sold for $38,300,000.

Chris Orr of Romans Properties represented an institutional client in the acquisition of a 1.72 Acre Tract in Downtown Charlotte located at 725 E Trade Stre

10/14/2025

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