Quote:
Originally Posted by GothingNC
Same in Raleigh NC
Value of my house has doubled in the past 5 years.
A close neighbor sold their house for $50K over asking. Buyer ended up being an investor and there is now a "For Rent" sign in front of the house, Ugh.
They are saying that 25% of the homes in the Raleigh area are being purchased by investment companies now.
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We just closed on a neighborhood of 45 homes bought by an investment company. They will rent houses out.