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j.c. underwood

May 7, 2014

Cash only, institutional investor sales still strong

Institutional investor activity ticked up in the Charlotte housing market and the percentage of home sales that were paid for with cash continued to rise during the first quarter of […]

Apr 3, 2014

Report: Charlotte a so-so residential investment market

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 […]

Feb 26, 2014

Institutional investors still buying up Charlotte market, but in smaller numbers

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 […]

Dec 5, 2013

Cash and carry: Institutional investors aren’t the only ones paying cash for homes

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 […]

Nov 4, 2013

On the Level: J.C. Underwood

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 […]

Sep 26, 2013

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

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 marke[...]

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