A new report released this month by UNC Charlotte’s Childress Klein Center for Real Estate (CKCRE), the Charlotte housing market is showing signs of softening but it’s becoming difficult to find homes that are priced affordably. The “2022 State of Housing in Charlotte” report, says home buyers and renters in the eight-county region are entering… [Read More]
New Study: Charlotte Homebuyers Overpaying by more than $100k
While homebuyers are still navigating record-high prices along with mortgage rates that are up over 5%, recent data released by the Florida Atlantic University (FAU) college of business notes that the average home in Charlotte is selling for about 55% more than its expected amount. If you’ve purchased a home in the Charlotte region recently,… [Read More]
Charlotte metro area home prices are rising, deals can still be found
The real estate market in Charlotte is hot, and some are wondering if they can afford a mortgage. Despite the rise in home prices, experts say there are still areas where you may get a good deal, especially if you’re prepared to widen your search or do some of the maintenance yourself on your new… [Read More]
Charlotte Seeing a Red-Hot Market
If you have been hunting for a home within the past two years, you’re no stranger to the red-hot market conditions around the country and Charlotte has been no exception. Closing on a home these days is tough, but how tough is it? The combination of lower interest rates, shrinking inventory and the continued increase… [Read More]
Charlotte Real Estate Market Among Hottest in Nation
“I had not anticipated it being this difficult at all to find a house in Charlotte,” said Huck Broyles to WBTV Charlotte news. For nearly six months, Broyles and his fiancé Mary Helen have been looking for a home in the Queen City. “We submitted an offer and within a day they had come to… [Read More]
Charlotte #1 Destination for Millennials and Their Baby Boomer Parents
Millennials, today’s top home purchasers, have a significant influence on where baby boomers, the second largest group of buyers, choose to live. Retirement generally entails a full lifestyle transition, and many baby boomers are relying on their children and grandchildren to help them decide where to settle down next. According to a recent Zonda survey,… [Read More]