Reflecting the broader national trend, institutional investor activity in home buying pulled back in the Charlotte metro area during the second quarter of 2014. In a new report released by RealtyTrac, institutional investors, or organizations that bought ten or more ...Read More »
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Scheduled foreclosure auctions in Mecklenburg County increased 46 percent in July compared with last year, after 19 consecutive months of annual decreases, according to data from RealtyTrac, a national real estate analytics company. Also, the data indicated that more Charlotte ...Read More »
Foreclosure activity for the Charlotte-Gastonia-Concord metropolitan statistical area spiked by 22.24 percent in March from the previous month, but was still 14.50 percent lower than the same time last year, according to data from RealtyTrac’s Foreclosure Market Report. The increase ...Read More »
Foreclosures in the Charlotte metro area in February dropped 20 percent from the previous month and 35 percent from the previous year, according to a new report from RealtyTrac. In February, a total of 676 area properties were issued default ...Read More »
House flipping is back in a big way. In 2013, the number of single-family homes that were purchased and then resold within six months in the Charlotte area reached 1,592 properties, according to a new report by RealtyTrac. Flipped homes ...Read More »
Forty-six percent of all residential sales in the Charlotte-Gastonia-Concord area were all cash in December 2013, according to an analysis by RealtyTrac. The company includes single-family homes, condos and town homes in its residential sales counts. Charlotte Regional Realtor Association ...
Tagged with: Charlotte Regional REaltor Association President Joe Rempson Daren Blomquist December 2013 foreclosures Keller Williams NAdine Deason Nancy Braun RealtyTrac Short sales Showcase Realty single-family residential sales Team NAdineRead More »
CHARLOTTE – More homebuyers paid with cash in October – and not just institutional investors, who bought a smaller share of the homes sold, while cash purchases overall topped 50 percent for the first time in 19 months. “We have ...Read More »
CHARLOTTE – The Charlotte metro area saw a 39.21 percent drop in foreclosure filings in October from the year before, based on information provided by RealtyTrac’s Foreclosure Market Report. For the month, 938 area properties were in some stage of ...Read More »
We’ve known for a while that institutional investors – led by the behemoth Blackstone Group – are making big investments in the Charlotte housing market. Now we know the extent of their investment, and the extent to which they are ...
Tagged with: American Homes 4 Rent Properties Andrew Gallina Balckstone Group Charlotte NC Foreclosed Homes Charlotte Regional Realtor Association Daren Blomquist Eric Locher IH2 Property North Carolina LP invitation homes real estate investment trust RealtyTrac SFRH Charlotte Rental LP THR North Carolina II LP TrevorTaefi Tricon Capital ManagementRead More »
The Charlotte metro area continues to be a hotbed of institutional investor homebuying, according to a report released Thursday by RealtyTrac. Among the 50 metro areas with populations of 1 million or more, Charlotte in September ranked 5th in the rate homes bought by institutional investors, at 17 percent. The only regions with a higher rate were Atlanta, Las Vegas, St. Louis and Jacksonville, Fla., which ranged from 23 percent to 29 percent. Close behind Charlotte were Memphis, Tenn., Richmond, Va., Dallas and San Antonio, Texas.Read More »