Charlotte Region Continues To Rank As A Top Place To Live
Have you been thinking about moving to the Charlotte, North Carolina region in 2021? Did you know that numerous recent surveys rank the Charlotte Region as a top place to live in/move to and as one of the USA's hottest housing market? These include:
Curbed.com: ranking Charlotte as one of the top 10 cities to move to, referring to the Queen City as a "millenial boomtown." Livability.com: ranking Charlotte #13 of the best 100 places to live. Livability.com also ranks Charlotte a top 5 city attracting millennials. Zillow.com: ranking Charlotte one (23 comments)
Have you been wanting to purchase a home but are worried that your credit score is not perfect? Did you know that just 1.2% of Americans actually have a perfect credit score? Don't let a lack of perfect credit hold you back from buying your dream home!
There are many misconceptions about the credit score needed to buy a house. Recently, it was reported that 24% of renters believe they need a 780-800 credit score to be considered for a mortgage. They couldn't be more wrong!
According to Experian, a FICO® Score of 670 or above is (30 comments)
12-Month Home Sales Report For 475+ Charlotte Area Neighborhoods
If you've wondered how home sales fared in Charlotte metro area subdivisions in February 2020, here's a list of 475+ Charlotte metro neighborhoods where at least one home sold each month in the 12 months. The report includes neighborhoods in Charlotte, Waxhaw, Matthews, Mint Hill, Indian Trail, Stallings, Belmont, Mount Holly, Gastonia, Pineville, Davidson, Cornelius, Huntersville, Monroe, Concord, Mooresville, and more.
Charlotte region ended February 2020 with just 1.5 months supply of inventory of homes (down 40% year-over-year). Buyer demand outpaced supply of homes for sale throughout 2019 and in January 2020 and again in February... and this shows no sign of (18 comments)
Supply and demand -- most of us know that supply and demand are the basis of economic principles we learn in Economics 101! The more supply of homes, the lower the price of homes. The lower the supply, the higher the price. And real estate is NO exception. Anytime we have less than six months of housing inventory, it's a seller's market and we can expect home prices to increase.
Did you know that nationally and in the Charlotte, North Carolina region we have not seen a six month supply of homes since August 2012 -- that's 5 years!