CHARLOTTE — The rate at which investors were snapping up homes in the Charlotte area raised concerns among local leaders over the past year, prompting conversations about whether or how such activity could be regulated and potential updates for housing programs.
But as the local real estate market cools, investor purchases here are slowing as well, according to a Redfin analysis.
The online real estate company says Charlotte is among markets seeing the biggest drops, with investor purchases falling 41.7% in the third quarter from a year earlier.
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