WRAL Investigates tracked down the investment firms buying up single-family homes around the Triangle. WRAL anchor/reporter Cullen Browder looks into what damage they did to the market, and what Wake County Commissioner Matt Calabria had to say about it.
People keep outbidding Triangle Homebuyers their cash offers. Well, some are not exactly people. They can close very quickly. Okay. They’re not people at all. They’re willing to give the sellers basically anything they want, their investment firms and WRL investigates, track them down. These properties are not coming back on the market anytime soon. Its impact on the Triangle buyer and renter market. And what this way county commissioner has to say about tonight at six on WRL News.
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