Charlotte named hot housing market for 2018, which might be bad for first-time buyers

Risks, uncertainties and other factors that might cause such differences, some of which could be material, include, but are not limited to: national and local economic, business, real estate and other.

Homebuilders are very busy. There’s a real demand for new housing in the market. I think that might surprise some people because there’s new demand for apartments as well. Jim Urner, Vice President.

Here are the latest predictions and forecasts for the Charlotte housing market, curated from several key sources. Charlotte, North Carolina Housing Forecast for 2018. According to the real estate information website Zillow, the median home value for Charlotte, North Carolina was around $189,000 in September 2017.

On demand for giving ITC relief to the builders of the under-construction flats which are already built but not yet sold to buyers, Joseph said the real estate sector will have. are "black sheep".

But that might not be a great thing if you’re buying a house: Charlotte’s prices are expected to keep rising faster than the national average, ticking up 4 percent. Charlotte was ranked in the top 10 in another forecast for 2018, coming in at No. 7 in a Realtor.com prediction.

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Charlotte, NC Region Housing Market Update: May 2018 The Charlotte region’s housing market began the second month of the second quarter with home prices up, closed sales down due to limited inventory, but with pending sales up as compared with May 2017. Both average and median sale prices were up in May 2018. Inventory and the months supply of homes remain low and below what they were one year ago with homes selling faster as a result.

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Ballantyne May 2018 Housing Market Update/Video May 2018 home sales in the Ballantyne area of Charlotte, north carolina (28277 zip code) saw the same trends we’ve seen year-to-date with home prices up, inventory tightening, pending and closed sales diminishing due to the lack of inventory.

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Charlotte named hot housing market for 2018, which might be bad for first-time buyers. Realtor.com’s chief economist said that while more new houses are likely to be built, added inventory will probably go to the high end of the market – and won’t help relieve the crunch that buyers on the lower end of the spectrum face.

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