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Property Management Blog

2016 All Property Management Visitor's Choice Award

Friday, March 31, 2017

Group 15 Real Estate is very proud to announce that we are one of eight companies in the entire state of North Carolina to win the All Property Management Visitor's Choice Award for 2016. This is our fifth year in a row to win this very special award!  Read More »

Rents in Charlotte Still on the Rise

Wednesday, March 15, 2017

The Charlotte Observer put out a very well researched article on the current market trends for apartment rental rates. Single family homes are following that same trend and rental rates are going up significantly. I suspect as mortgage interest rates also continue to rise it will take more homebuyers out of the market to buy a house and into the market to rent a house. The demand for rental property will remain on the rise. For several years there have been institutional investors buying up thousands of single-family property and turning them into rentals. It has been challenging for the Mom and Pop investor to compete on price. Five years ago landlords were shooting for 10% cap rates and now they need to be happy with 6%. But, with rental rates continuing on this trend, I think rental property is still an excellent buy for the small local landlord.  Read More »

Charlotte ranked third best real estate market in America

Tuesday, March 14, 2017

With all the decisions you have to make daily, it's no wonder that a major decision like buying or not buying a home can have rippling effects on you and your family. We can't predict what happens in this new political climate or what the economy portends a few years from now. But what we can do is help you navigate the home buying process. Our real estate agents have additional background in real estate investment, property management, mortgage underwriting and more!  Read More »