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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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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Despite the wettest late spring-early summer in recent memory, the Charlotte-area boomlet in residential construction that started in January continued apace, according to building permit records kept by Mecklenburg County Code Enforcement.

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It's a new twist on a widespread trend: Venture capital firms have been buying up foreclosed homes and then renting them out in markets across the country, including Charlotte.

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CHARLOTTE — Some Charlotte-area homebuilders — both those headquartered here and in other states and countries — are starting off the new year with a bang by pulling numerous building permits. As of Thursday morning, Mecklenburg County has issued the ...

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NORTHWEST CHARLOTTE – Oakmont Homes, a Charlotte-based builder of affordable houses, will construct three new single-family homes in the Stone Creek subdivision, according to Mecklenburg County building permit records. Oakmont was awarded building permits last week (Nov. 21) to build ...

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