Remember all that talk about falling apartment rents in Charlotte as new buildings opened their doors? Well, the results are in, and they might leave you wondering if you missed the memo on those savings. Despite a record number of new apartments hitting the market, average rents in Charlotte dropped by just $1 compared to…
Raleigh has earned an unwelcome distinction: it now leads the nation in private equity ownership of rental apartments. According to new research from the Private Equity Stakeholder Project, investment firms control a staggering 35% of all rental units in the Raleigh-Cary metro area—that’s over 41,000 apartments in the hands of Wall Street investors. This isn’t…
Gone are the days when Johnston County was just another sleepy agricultural community in rural North Carolina. Today, this dynamic region has transformed into a thriving economic powerhouse that’s attracting billion-dollar investments and creating thousands of high-paying jobs. The Great Transformation For decades, Johnston County looked much like other rural parts of North Carolina—heavily dependent…
The Triangle region continues to experience remarkable population growth, outpacing most of the nation even as local rental prices have shown an unexpected downward trend since 2023. Population Surge Continues Unabated Recent Census Bureau data confirms what many residents already feel in their daily commutes and neighborhood expansions: the Triangle is growing at a blistering…
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