Institutional investors account for smaller share of home sales

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 been seeing those go somewhat hand-in-hand over the past year and a half, but it indicates ...

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Mecklenburg Times: News for Mecklenburg, Union and Iredell counties Real Estate, Development, Construction, and Community News in the Charlotte area and throughout Mecklenburg, Union and Iredell counties

Cash home sales top 50 percent

Institutional investors account for smaller share of home sales

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