Call to Action from Homebuilders Association of Fayetteville

The North Carolina General Assembly has passed bipartisan legislation to stop the NC Building Code Council from adopting outrageous energy code requirements that would add approximately $20,400 to the cost of the average new home in North Carolina. Moreover, we estimate that the cost of these code requirements would price more than 102,500 North CarolinaContinue reading “Call to Action from Homebuilders Association of Fayetteville”

Fee Changes by Fannie Mae & Freddie Mac

NAR Is Making the REALTOR® Voice Heard on LLPAs April 26, 2023 Mortgage Financing, Fannie Mae & Freddie Mac (GSEs) By: Stacey MoncrieffFee changes announced by Fannie Mae and Freddie Mac lead to both legitimate concerns and misunderstandings. Beginning May 1, some Americans will see higher fees on their mortgages while others will see fees reduced orContinue reading “Fee Changes by Fannie Mae & Freddie Mac”

Fayetteville City Council Rezonings

The followings rezonings were approved as they relate to the real estate industry Case P23-04 – rezoning of 16.98 acres of an 18.85 acre parcel from single-family, agricultural residential and neighborhood commercial to 16.98 acres of mixed-residential and retain 1.87 acres of existing neighborhood commercial. Location: 0 Morganton RoadWhat’s Proposed: Future Commercial or multi-family use.Continue reading “Fayetteville City Council Rezonings”

New Multi-Use Development Planned in Sanford

from The Sanford Herald A Sanford businessman has purchased a parcel of land that is intended to be used in bringing a mixed-use real estate development to the area. George Avent, president of AVENT DSI, Inc., purchased the property, which is located on Kelly Drive between the U.S. 421 bypass interchange and Central Carolina CommunityContinue reading “New Multi-Use Development Planned in Sanford”

Important Housing Information from NC REALTORS®

The AdvocateJanuary 6, 2023 Federal Funding Update President Joe Biden signed H.R.2617, the 2023 Consolidated Appropriations Act, into law on December 29, 2022. The bill is a $1.7 trillion omnibus spending bill that will fund the US federal government through fiscal year 2023. The bill includes funding for domestic and foreign policy priorities. The sweepingContinue reading “Important Housing Information from NC REALTORS®”