As you probably know, the more people that in a city, the higher the housing prices tend to go (think San Francisco and NYC). The good news is that Charlotte is one of the top 3 hottest cities in the US with a strong local economy and affordable real estate (for now).
According to a Trulia study late last year, Charlotte is #2 on the list of cities with high-growth rates and “way more affordable” housing. Charlotte’s population grew over
10 percent from 2012-2017 and there seems to be no end in sight. If you are still paying rent in the Queen City, now is the time to start to think about buying.
Why You Should Buy A Home in CLT This Year:
• Home values are appreciating
• Median home value continues to increase
• Average rent is over $1,400 now (stop paying your landlord’s mortgage!)
• Charlotte remains a rising city with a strong economy
If you are unsure where to start on your home buying journey, we can help!
We have a great network of resources that can help you with everything from financing to closing so you can spend your time looking for you dream home.