Home Real Estate North Carolina’s real estate market is still hot and attracting more investors

North Carolina’s real estate market is still hot and attracting more investors

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The percent of buyers purchasing more than one home has increased dramatically throughout Wake County in the last three years.

The ABC11 I-Team uncovered so far this year around 14% of single-family homes sold were purchased by a buyer who bought more than one property. County tax records show in 2019, around 10% of homes were purchased by multi-property buyers.

Durham County is seeing a similar trend with 21% of homes sold this year were purchased by buyers who bought more than one property. This is up around 2% since 2019, according to an analysis of county tax records.

“We have seen investors moving into from other parts of the country, and globally,” said Brett Bushnell.

Bushnell is a realtor in the Triangle and the president of Raleigh Regional Associations of REALTORS. He said he’s noticed an uptick since Apple and Google made announcements regarding investment in the Triangle.

An ABC11 I-Team analysis of county tax records found Opendoor has…

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