CHARLOTTE – Pending homes sales continued to slide for the fifth consecutive month in October, according to research released by the National Association of Realtors. The NAR said that its seasonally adjusted pending home sales index fell by 0.6 percent ...Read More »
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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 »
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 »
CHARLOTTE – October homes sales figures for the Charlotte metro area increased by 10 percent from the year before, with closed sales for the month at 2,831 compared to 2,574 in October 2012, according to numbers released by the Charlotte ...Read More »
As the housing market continues to recover, tough mortgage requirements are preventing some buyers from entering the market, according to a new survey by the National Association of Realtors. In its annual profile of homebuyers and sellers, the association found ...Read More »
Home sale trends in the Greater Charlotte residential real estate market continue their upward, post-recession arc, according to the latest monthly figures released Tuesday morning by the Charlotte Regional Realtor Association.Read More »
It might be roiling Washington, D.C. and its suburbs, but, so far, the government shutdown is having little effect on Charlotte’s real estate and banking markets.
Tagged with: Atlantic Bay Mortgage Bank of America Charlotte Metro Credit Union Charlotte real estate and banking Charlotte Regional Realtor Association David Stevens Eric Locher government shutdown John Wines Mortgage Bankers Acociation National Association of Homebuilders National Association of Realtors Nicol Morris rick judson Terry FranciscoRead 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 »
Led by the behemoth Blackstone Group, the largest alternative investment company in the world, institutional investors are buying a lot of single-family homes in Charlotte, fixing them up, renting them out and holding onto them to see if they rise in value. One of every five houses sold in May, June and July in the Charlotte market went to big investors, a higher percentage than in any other market but Atlanta.
Tagged with: American Homes for Rent blackstone group Eric Locher invitation homes j.c. underwood Metrolina Real Estate Investors Association Nancy Braun national association of real estate investment trusts national real estate investors association oakmont homes RealtyTrac rentrange robert shiller The American Home Tom PearsonRead More »
Preliminary August data from the Carolinas Multiple Listing Services Inc. continue to indicate a strengthening housing market, with the number of sales, home prices and new listings rising while the inventory and average number of days on the market declined.Read More »