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D.R. Horton led the homebuilding pack in 2013 (access required)

D.R. Horton led the homebuilding pack in 2013 <span class="dmcss_key_icon"><img alt="(access required)" src="/files/2013/10/lock1.png" border=0/></span>

CHARLOTTE – A pair of production homebuilding corporations were joined by a fast-growing local residential construction company in leading a 2013 surge in Mecklenburg County building permits. After a neck-in-Meck race all year, Fort Worth, Texas-based D.R. Horton opened up ...

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Wall Street taps Main Street: Investment firms looking for return on Charlotte’s rental homes (access required)

Wall Street taps Main Street: Investment firms looking for return on Charlotte’s rental homes <span class="dmcss_key_icon"><img alt="(access required)" src="/files/2013/10/lock1.png" border=0/></span>

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.

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