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 »
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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 »
Charlotte’s foreclosure rate in September decreased by 42.70 percent from the same time last year, according to new data from real estate tracking company RealtyTrac. Nationally, foreclosure activity was down 27 percent year-over-year in September, but increased 2 percent from the previous month.Read More »
Fifty-four percent of bank-owned homes in the Charlotte-Gastonia-Concord area are owner-occupied, according to a new study by the real estate information and online marketplace company RealtyTrac. In real numbers, that is more than half the 2,328 bank-owned homes.Read More »
Sales of Charlotte metro residential properties were up 4 percent from July to August and 18 percent year- over- year, according to a report by the real estate information company RealtyTrac, but the median price for non-distressed properties decreased 1 percent in the same July to August period to $168,000 from $170,000.Read More »
Foreclosure activity down from last year, but Mecklenburg and York counties see month-over-month spike
Although foreclosure activity in the Charlotte area has declined over the past year, it jumped up between July and August this year in Mecklenburg and York counties, according to a report issued by RealtyTrac.Read More »
Jim Kluth remembers in the 1980s when real estate agents, hoping to get first dibs on foreclosed properties, would hang around the Mecklenburg County Courthouse and regularly dig through public records looking for new foreclosure filings. Today, such information is ...
Tagged with: Barack Obama Carolina Multiple Listing Services Charlotte Regional Realtor Association Countryside Properties Daren Blomquist Freddie Mac Jennifer Frontera Jim Kluth Kim Walker RealtyTrac Wanda Smith & AssociatesRead More »