With the economy rebounding, Charlotte’s housing market is no different from those in other major metros experiencing a drop off in all-cash and distressed sales. But that doesn’t mean institutional investors have lost interest—the Queen City is still one of ...Read More »
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NEW YORK— 2013 was a great year for the average investor, but few market strategists believe that 2014 will be anywhere near as good. The simple strategy of buying U.S. stocks, selling bonds and staying out of international markets isn’t ...Read More »
Key industry information sources suggest that more than 5 million homes had been foreclosed and sold as a result of the recent housing crisis, and some anticipate another 8 million to 10 million more foreclosures will make their way through the pipeline over the next few years.
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Whatever the reason for the increased movement of distressed properties, Charlotte real estate agents are certain that real estate investors – often, but not really pejoratively, referred to as “vultures” – have played a role.Read More »