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 »
Q: In many markets, the inventory of listed homes is very low and dropping. Yet the number of home sales is rising. What’s the answer to that puzzle? A: A rising number of off-market (nonlisted) home sales are occurring. ...Read More »
CHARLOTTE – Institutional investors are snapping up 60 percent of the newer homes for sale in North Carolina, according to an analysis by RealtyTrac. The real estate data firm defines these investors as people who bought at least 10 properties ...Read More »
CHARLOTTE – While the housing market continues to recover, many homeowners associations are still feeling the consequences of the recession. Foreclosures are down, though there were still 2,328 bank-owned homes in the Charlotte-Gastonia-Concord metro area in September, according to RealtyTrac, ...
Tagged with: association dues Community Management Association Derek Greene foreclosed homes Homeowners Association of North Carolina Horack Talley Jim Laumann Jim Slaughter Mike Hunter Nathan Batts North Carolina Bankers Association RealtyTrac Rossabi Black SlaughterRead 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 »
Rising home prices and a decrease in foreclosures seem to have tamped down the market for flipping properties by investors in the Charlotte region, according to RealtyTrac, the online housing data provider.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 »