Tuesday, August 3, 2021
In many cities across the country, real estate is hot. Homes are in high demand and selling at a premium. It’s a boon to sellers who often field multiple offers above the asking price and find their homes sold in a day.
For buyers, this presents an ever-growing challenge. Charlotte’s real estate market is white-hot. Inventories are at historic lows which is driving prices up. Interest rates are low, driving demand and prices, but there’s something else at work: investors gobbling up homes and turning them into rentals.
We take a look at the impact of all this on buyers, sellers, renters and realtors and at how long this can last.
When You Try To Buy A Home In Charlotte Now, You re Probably Competing With Wall Street
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A Look Back On 40 Years Of Charlotte News To Celebrate WFAE s 40th Anniversary | WFAE 90 7
wfae.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wfae.org Daily Mail and Mail on Sunday newspapers.
Thursday, April 1, 2021
The pandemic has changed Charlotte’s Center City. Businesses have closed, and office workers have been slow to return. It was a ghost town for the bulk of the pandemic, but signs of life are beginning to emerge.
After Gov. Roy Cooper s Executive Order No. 204, many restrictions are now easing, including allowing for indoor capacity to be at 75% at restaurants, breweries and gyms, and 100% capacity outdoors for those businesses. Bars and movie theatres can have up to 50% capacity for both indoors and outdoors.
In short: Businesses are now allowed to have more customers and things are starting to look up.