Charlotte is expected to have a top-performing housing market next year. Chief Economist, George Ratiu of Realtor.com ranked Charlotte number three in the top 10 housing market for residential real estate in 2021. Charlotte’s year-over-year growth in home sales in 2021 is anticipated to be 13.8% with prices forecasted to grow 5.2% over the year…. [Read More]
Senior and Affordable Housing Coming to Charlotte
Hundreds of apartments are coming to Charlotte after City Council approves nearly two dozen rezoning petitions at its meeting on Monday evening. Many units will include affordable and senior housing. The council approved a total of 24 developments. There are changes in the works for Brookhill Village. The property has attracted much interest over the… [Read More]
Home Prices Rise Despite Economic Unease
The start of 2020 has been a tough year for businesses and the stock market. But unlike the 2007-2008 recession, housing prices in the U.S. and Charlotte specifically, have remained strong. House prices in the U.S. rose 5.4 percent from the second quarter of 2019 to the second quarter of 2020. This according to the… [Read More]
Charlotte Tops List for Homebuyers Seeking Affordability And Growing Salaries
Thanks to the low cost of new home construction, Charlotte is in a prime position to attract new home buyers for the next decade and years to come. That’s according to an article by Redfin. Charlotte is among four smaller metros that include Spokane, Las Vegas, and Orlando which were all highlighted in the article…. [Read More]
NoDa townhomes, Indian Trail homes on the horizon
Two new projects, very different in scope and target market, are coming to the inventory-starved Charlotte scene. Poe NoDa, which bills itself as “uncustomary townhomes for the counterculture of Charlotte,” is set to break ground soon at 2715 N. Davidson St. Developed by byFiorenza Communities, Poe is a small community of 29 townhomes on 1.6… [Read More]
Charlotte housing market ends ’19 on upswing
Though the Charlotte housing market may have started 2019 off slowly, the region saw a flurry of housing activity in December and had a nearly 6 percent increase for the year over 2018 totals for residential sales. Monthly home sales rose 17.2 percent in December compared to December 2018. In total, 50,854 homes sold in… [Read More]