During the past two years, investors have been buying up Charlotte area single-family homes in order to generate cash returns for other investments. Rapidly appreciating home prices have already slowed such purchases in the market by out-of-state real estate investment ...Read More »
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Institutional investor activity in the Charlotte metro housing market was up in January from the month before, but dropped from the previous year at the same time, according to a new report by RealtyTrac. The share of all residential purchase ...
Tagged with: Gabrielle Carneglia institutional investor j.c. underwood Leigh Brown Leigh Brown and Associates RE/Max Executive Realty Metrolina Real Estate Investors Association RealtyTrac Wilkinson & AssociatesRead More »
CHARLOTTE – While some would-be homebuyers struggle to obtain mortgages and find properties in their price range, others – more than half of all buyers in October – paid in cash. A recent report from RealtyTrac, the online real estate ...
Tagged with: American REsidential Properties j.c. underwood John Bradford Metrolina Real Estate Investor Association Park Avenue Properties paying cash for homes Phil Henderson RealtyTrac T.R. Lawing Tommy LawingRead More »
BALLANTYNE – At any age, J.C. Underwood is a one-man wonder. Seventy-six next month, Underwood is executive director of the nonprofit Metrolina Real Estate Investors Association, meaning he runs the office in Carmel Commons pretty much single-handedly, and he’s president ...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 »