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USDA Announces Funding for Rural Electric Infrastructure Projects

USDA Secretary Tom Vilsack today announced funding for six rural electric infrastructure projects, including three in North Carolina that will use solar energy to generate electricity for rural communities.

Reliance Packaging, LLC Expansion to Bring 48 New Jobs to Moore County

Governor Pat McCrory, N.C. Commerce Secretary John E. Skvarla III and the Economic Development Partnership of N.C. announced today that Reliance Packaging, LLC will expand its operations in Moore County and create 48 new jobs over the next three years.

Packrite, LLC Expansion to Add 100 New Jobs in Guilford County

The project was made possible in part by a performance-based grant from the One North Carolina Fund of up to $100,000.

Burr and Manchin Introduce Bill to Reduce Veteran Homelessness

Senators Richard Burr (R-NC) and Joe Manchin (D-WV) introduced the Homeless Veterans Prevention Act of 2015. This legislation would build on existing homeless veterans programs at the Department of Veterans Affairs (VA) by investing in established programs that are proven to be effective and removing any residual barriers to housing for veterans.

McCrory’s budget proposal ignores need for investments in families, communities

Proposal fails to rollback harmful cuts and lacks plan for broadly shared prosperity, new report finds.

Pactiv, LLC Expansion to Bring 59 Jobs to Lenoir County

Governor Pat McCrory, N.C. Commerce Secretary John E. Skvarla III and the Economic Development Partnership of N.C. announced today that Pactiv, LLC will be expanding its operations in Lenoir County.

Northern California Real Estate Investor Agrees to Plead Guilty to Bid Rigging at Public...

WASHINGTON, D.C. - June 19, 2013 - (RealEstateRama) -- A Northern California real estate investor has agreed to plead guilty for his role in conspiracies to rig bids and commit mail fraud at public real estate foreclosure auctions in Northern California, the Department of Justice announced.

IMPACT OF CDBG-RECOVERY FUNDS FELT ACROSS NC

September 24, 2012 - (RealEstateRama) -- North Carolina communities have safe and affordable housing, connection to critical public infrastructure, and access to neighborhood facilities as a result of the accomplishments of 26 non-entitlement local governments that invested Community Development Block Grant Recovery (CDBG-R) funds distributed by the Office of Community Investment and funded through the American Recovery and Reinvestment Act of 2009.

Former Raleigh Real Estate Entrepreneur James T. Webb Arrested on 50-Count Indictment

RALEIGH - September 17, 2012 - (RealEstateRama) -- The United States Attorney’s Office announced that the indictment of JAMES THOMAS WEBB, 51, was unsealed today in federal court. WEBB has been charged in a 50-count indictment which includes conspiracy to commit bank and wire fraud, in violation of Title 18, United States Code, Section 1349; 10 counts of bank fraud and aiding and abetting, in violation of Title 18, United States Code, Sections 1344 and 2; three counts of wire fraud and aiding and abetting, in violation of Title 18, United States Code, Sections 1343 and 2; and 36 counts of making false statements to influence banks on loans and aiding and abetting, in violation of Title 18, United States Code, Sections 1014 and 2. WEBB was arrested by federal agents on September 13, 2012 in Miami, Florida.

Outer Banks Oceanfront Real Estate Absorption Rate

Outer Banks, NC - December 20, 2011 - (RealEstateRama) -- This is the third year in a row with increased real estate sales across all sectors of the Outer Banks real estate market from the low end properties all the way up to oceanfront real estate.

Hatters Island Oceanfront Home Absorption Rate

December 20, 2011 - (RealEstateRama) -- Hatters Island, on the south end of the Outer Banks, is in the middle of an oceanfront home shortage. No need to worry though, because the shortage is only because there are not enough oceanfront houses for sale to accomadate all of the potential buyers. Despite the best efforts of the media to scare everyone away from the real estate market, Hatteras Island is experiencing a boom in the sales of oceanfront single family homes resulting in the shortage.

Southern Shores Oceanfront Home Absorption Rate

Outer Banks, NC - December 17, 2011 - (RealEstateRama) -- You don' t see a whole lot of turnover along the Southern Shores oceanfront. People who own beachfront homes in Southern Shores tend to hold onto their properties longer than their contemporaries in most of the other areas of the Outer Banks. There is also a larger proportion of second home owners vs rental property owner amongst the Southern Shores property owners and with the the oceanfront lots in Southern Shores being twice as wide as anywhere else around resulting in half as many lots along the Southern Shores beachfront. (most oceanfront lots measure 50 feet wide and Southern Shores lots measure 100 ft. wide)

Nags Head Oceanfront Home Sales Update

The economy, or lack thereof, is continuing to suppress the sale of high end properties across the Outer Bank of North Carolina. The first...

Outer Banks Oceanfront Home Sales

Shore Realty has made another giant step in helping consumers interested in oceanfront home sales on the Outer Banks of North Carolina. With the...

Ground Broken for Weirbridge Village, a New ‘Green’ Community in South Asheville

ASHEVILLE, N.C., Sept. 21 /PRNewswire/ -- Kassinger Development Group and Pulliam Properties are breaking ground today for their latest development in the South Asheville...

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How One Agent Is Surviving In Today’s Market

Raleigh, NC - May 23, 2011 - (RealEstateRama) -- For the 3rd consecutive year in a row Rupert Bryan has not only won all the top awards in the Coldwell Banker Falls Office, but he is also ranked as one of the Top Agents in the Triangle (#18 Triangle Business Journal Residential Realtor)

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New Hanover County, NHRMC Finalize Purchase of Health Department Property

New Hanover Regional Medical Center (NHRMC) and New Hanover County have executed an agreement for NHRMC to purchase the county’s Health Department property located at 2029 South 17th Street for $19,350,000.