Institutional investors have bought at least 40,000 single-family homes across North Carolina in the past decade and now rent them out. The industry — primed for continued growth — says it improved ...
Rent-to-own homes are a little-known option that may help first-time homebuyers get the house they’ve always wanted in a tough market. Essentially, rent-to-own homes offer an alternative pathway to ...
It’s no secret that it’s getting harder to buy a home. That’s why many would-be homeowners are looking at rent-to-own homes as an alternative to the traditional path to homeownership—especially if ...
A subdivision in the Summer Creek Lane and Benefield Road area in Charlotte, where corporate landlords have purchased homes and coverted them to rentals. Investors own a quarter of the rental homes in ...
The start-up’s innovative business model has helped some renters save for a down payment on their home, but others have walked away frustrated by the company. Shawn Frett and Jeneyha Wheatley-Frett ...
After a turbulent few years for companies operating in the real estate market, Divvy Homes announced Wednesday that it is getting acquired by a division of Brookfield Properties for “a total ...
Mat and Amber Harkless joke that they were the last couple in America to buy a house without a bidding war, just before the market exploded in 2020. Despite high credit scores and no debt, the couple ...
Helping renters achieve the American dream of homeownership wasn’t quite as profitable as the creators of Divvy Homes hoped. Now, the startup rent-to-own landlord with a portfolio of single-family ...