Investor Buys A Massive Property In North Carolina For Housing Development
(Photo by Justin Sullivan/Getty Images)
We see it all the time in the area where I live in South Carolina. Developers come in, buy massive tracts of land and put houses on them. Sometimes the tracts of land were family farms and it is kind of sad to see. But urban sprawl is real. An investor has bought a massive piece of property in North Carolina for more housing development.
This land asset manager is no stranger to the area. They already have significant holdings in the Charlotte area and nationally. Now they are adding to their local footprint according to Channel 9.
Over 120 acres has been purchased in Gaston County by Walton Global Holdings. You may be familiar with it if you live in the area because it is known as the Tucker property. All that land is just north of Rufus Ratchford Road in Gastonia. This purchase is the largest land purchase in the Charlotte area for Walton Global Holdings.
The Charlotte area is the fastest growing real estate area in the state of North Carolina. And if you are like me, you work in the city but don’t want to live in the city limits. It makes sense that an investor has purchased a massive piece of property in North Carolina for more housing development. The outskirts have been and continue to be the best choice for many. To learn more , get details here from Channel 9 in Charlotte.
North Carolina One of the Best States to Buy a House In America in 2023
Are you looking to buy a house sometime this year? If so, then it’s good to know what your local real estate market is looking like. Home values are not the only thing that helps determine which state you should purchase your home in. MPAMAG reports that other factors include crime and appeal that the state has.
Guess what though? North Carolina is one of the best states you can purchase a home in 2023. I have recently been looking into the housing market just to get a feel for when the time comes for me and I can certainly say Charlotte does, in fact, have quite a few good options. Wondering why North Carolina made the top 5 list of states to purchase a home in? Find out where North Carolina falls and why below.
Catherine Lane is the morning show co-host and midday host on Country 1037 in Charlotte, North Carolina. She has been with the station for the past 24 years and is a recipient of the Academy of Country Music Major Market Personality of the Year award. Catherine has been on air in both radio and television in the Queen City for 38 years. As a content creator for Country 1037, Catherine writes blogs on local events and restaurants. She also writes about great travel spots and out of the way places in the Carolinas. Anything outdoors, travel, food, animals or the many country artists from the Carolinas.