Real Estate

With interest rates backing off in the last few months more people are interested in buying a home in the Queen City. The buyers are still here. The number of people moving here continues to grow. It's still a very popular market since interest rates have started to come down....That also means demand could pick up sooner rather than later! There's a lot of buyers that would have waited until...

Charlotte will be one of the hottest housing markets in 2024, though we’ve slipped from the 2023 No. 1 spot and the 2022 No. 5 Spot, according to an annual Zillow report. What to Expect. Mortgage rates Are Here To Stay: Don’t expect any wild swings in rates. “We won’t be going back to 4%,” The Flow Of Sellers Is Likely To Pick Up: With rates not budging, homeowners who need to...

The key determinant impacting housing demand in these areas is the influx of additional buyers resulting from the decline in mortgage rates next year. Changes in mortgage rates have a direct impact on borrowing costs. Higher mortgage rates increase the cost, while lower mortgage rates help with affordability, giving individuals more financial flexibility. Specifically, the monthly...