Date Archives December 2024

Corporate Homebuyers in Charlottesville/Albemarle?

What’s the rough ratio of private buyers vs. LLC’s or Corporations buying houses in this area? There are a ton of articles touting how home buying has increased significantly this past year, but they seem at odds with other articles espousing how corporations are buying up inventory at an astounding rate and leaving them empty or using them as rentals. Since houses in this area seem more unaffordable than ever, I’m wondering if there’s a correlation.

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