The business landscape of Winston-Salem is shifting once again. Canadian apparel giant Gildan has announced its acquisition of HanesBrands Inc., one of the city’s last remaining major corporate headquarters, in a deal that could reshape the local economy. The Deal at a Glance Gildan is purchasing HanesBrands for $2.2 billion, though the company’s total valuation…
Greensboro city officials have recently announced plans to build 10,000 new homes by 2030, addressing approximately one-third of Guilford County’s projected housing needs. This development comes as part of a strategic initiative to support the city’s steady growth and prepare for future expansion. The Current Housing Landscape While some news reports may paint Greensboro’s housing…
CNBC recently reported that mortgage demand has dropped further, sparking concerns about a cooling spring homebuying market. For those of us in property management, however, this trend unveils a hidden opportunity. When high-quality movers decide not to buy, they’re almost always shifting to rentals. This pivot sets the stage for a surge in demand for…
Key takeaways On average, purchasing a home now costs $1,091 more per month than renting the same property. Although this gap has narrowed from the $1,349 peak in October 2023, it remains significantly higher than the historical national average of $233. Across the top 20 single-family rental (SFR) markets, the spread between purchasing and renting…
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