January 2022 was the most competitive month ever for house hunters due to new families, remote workers, and rising mortgage rates according to Bloomberg. “It’s been incredibly frustrating,” said Erin Damato, in an interview with Bloomberg. “House prices have gone up about $100,000 since we’ve been looking.” Damato and her husband have been seriously hunting… [Read More]
Study: Charlotte Among Fastest-Growing Cities
A new study gathered by a commercial real estate blog analyzed census data between 2015 and 2019 and found the Queen City to be one of the fastest growing cities in the country. “I love Charlotte. I love the weather. I love the people,” Christina Baldauf told Fox 46 Charlotte. The news station found others… [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]
Charlotte Housing Market Continues To Thrive
The odds of finding a for sale sign outside a property in Mecklenburg county are high but chances are there will be a bidding war before it’s sold within days or even just a few hours. The U.S. housing market has seen a significant rise through the pandemic and Charlotte is certainly not an exception,… [Read More]