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News From Charlotte And Beyond May 2025 - News You Can Use

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Real Estate Agent with Coldwell Banker Realty 179530

News You Can UseCharlotte Region Headlines: Military Games, Housing Growth, Top-Ranked Schools, And More

 

📉 Fewer Cash Sales in Charlotte

34% of Charlotte-area homes purchased in 2024 were bought with cash, down from 36.6% in 2023, data shows.  Cash buyers — many of them investors — are pulling back after going on a pandemic-era shopping spree. The shift could indicate changing dynamics in the local housing market and reduced investor activity.

 


 

🌍 Charlotte to Host the 2027 Military World Summer Games

The International Military Sports Council (CISM) has awarded the 2027 Military World Summer Games to the United States, with Charlotte as the host city. This will be the first time the Games are held in the United States, projected to bring the state $3 billion in economic impact. Around 10,000 military athletes from over 100 countries are expected to compete.

 

The CISM Military World Games are held every four years, in the year before the Olympics. The goal is to foster friendship and peace among nations through sport. The Games feature 25 sports — a mix of Olympic events like swimming and basketball, and military-specific competitions like parachuting. 

 


🏗️ New Construction Going Strong in the Charlotte Region

Several large-scale housing developments have recently broken ground across the area:

  • The Palisades – The Coves at Lake Wylie:

    Taylor Morrison Home Corp.  is building nearly 500 homes — a mix of detached units and townhomes — as the final piece of this master-planned community in southwest Charlotte.

 

  • Blankenship Near University City:

    Castlebridge Residential Development has started work on more than 600 homes, including single-family units, townhomes, and condos, at Old Concord Road and Fairhaven Drive. Ryan Homes is the builder.

 

  • Astoria Townhomes:

    Some 118 duplex and triplex for-sale townhomes will be built on 11.73 acres by Beauxwright. The homes will be 16 feet wide, though final pricing is not yet known. The project will preserve about four acres of tree canopy and ecological features and will be located within walking distance of the planned Silver LYNX light rail line.

 


🏡 Tega Cay & Fort Mill Named Among the Best Places to Live in South Carolina

Tega Cay and Fort Mill were both recognized by WorldAtlas.com as two of the best places to live in South Carolina in 2025.

 

In addition: Fort Mill ranked 8th among the most sought-after suburbs in the U.S. for 2025, according to MoveBuddha.com,  based on inbound vs. outbound move search ratios. Fort Mill had a 1.67 move-in to move-out ratio, indicating strong interest from potential new residents. MoveBuddha, a site that compares moving costs, analyzed search data to find the most in-demand suburbs and small cities for 2025.

 


🎓 Fort Mill, SC School District Dominates Niche.com Rankings for 2025

The Fort Mill School District is ranked the #1 school district in South Carolina for the third consecutive year by Niche.com. The Fort Mill School District was also ranked:

  • #1 Overall School District in South Carolina

  • #2 for “Districts with the Best Teachers in SC

  • #5 for “Best Places to Teach in SC

 


🏙️ Charlotte Among Top 25 U.S. Cities to Live In

Charlotte ranks #44 in Niche.com’s 2025 list of best cities to live in the U.S. The ranking reflects strength in factors like job opportunities, quality public schools, and relatively low crime. About 117 people move to Charlotte every day, drawn by its growing economy, diversity, and cultural offerings.

 


🛡️ Fort Mill, Tega Cay, and Clover Rank Among Safest SC Towns for Seniors

Three York County towns in the Charlotte region were named among South Carolina’s 12 safest for senior citizens by WorldAtlas.com:

  • Fort Mill (pop. 24,521): Crime rate is 65.2% lower than the national average.

  • Tega Cay (pop. 7,621): A quiet, lakefront community with a crime rate lower than 69% of South Carolina towns.

  • Clover (pop. 7,391): Offers both low crime and a below-average cost of living, making it a strong choice for older adults seeking safety and affordability.


 

🛒 Target Store Opening in Indian Land, SC

A new 148,000-square-foot Target store is under construction in Indian Land, South Carolina at 5345 Crossridge Blvd., off Highway 521 near the North Carolina border. The store will anchor the CrossRidge Center, a major mixed-use development. Construction is underway, with a potential opening in October 2025, according to reports.


 

This news from Charlotte and beyond is provided by Nina Hollander with Coldwell Banker Realty. I've been opening doors for Greater Charlotte home buyers and sellers since 1999.

 

If you've been thinking about buying or selling a home in the Greater Charlotte region, I'd appreciate the opportunity to earn your trust. I'll help you find your dream home within your budget and your time-frame. I'm here to guide you throughout the process and would love to earn your business, exceed your expectations, and show you why experience matters and how:

"The Right Broker Makes All The Difference."

 

Posted by

 

 Nina Hollander, RE/MAX Broker, Realtor

 

 

 

Broker, Realtor, MBA, GRI, ABR, SRES, CDPE, SFR, SPS, CMRS
Carolinas Realty Partners with Coldwell Banker Realty
Direct: 704-779-0813
Website: www.GreatHomesInCharlotte.com
Blog: News You Can Use From The Greater Charlotte Area
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Disclaimer:  Nothing in this blog article is to be construed as legal advice, tax advice, or financial advice.  For legal advice see an attorney.   For tax advice or financial advice see a tax attorney, certified public accountant, or other qualified professional.

 

Comments(12)

Show All Comments Sort:
Roy Kelley
Retired - Gaithersburg, MD

This is good information to share with area residents and with families considering a move to the area.

May 03, 2025 05:16 AM
Nina Hollander, Broker

Thank you, Roy. Always so much going on in the Charlotte region, I thought it would be good to put together a post like this on a regular basis.

May 03, 2025 05:23 AM
Wayne Martin
Wayne M Martin - Oswego, IL
Real Estate Broker - Retired

Good morning Nina. As the farmland in our area is planting some single family home, townhomes are more popular with shrinkflation in square footage and appreciation in pricing moving quickly in opposite directions. Enjoy your day.  

May 03, 2025 05:39 AM
Nina Hollander, Broker

Wayne Martin hi Wayne... similar stuff here. Lots of farms are now developments. Recently read an article titled "Are townhomes the new dream homes in Charlotte." New townhomes are quite expensive as well.

May 03, 2025 05:44 AM
Jeffrey DiMuria 321.223.6253 Waves Realty
Waves Realty - Melbourne, FL
Florida Space Coast Homes

I am seeing fewer cash sales as well...which is interesting to me. That is not what I would have thought.

May 03, 2025 07:03 AM
Nina Hollander, Broker

Jeffrey DiMuria 321.223.6253 Waves Realty hi Jeff... Charlotte has not been a big cash market. It was investors who were cash buyers for the most part. 

May 03, 2025 07:19 AM
Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400
The Top Team @ Charles Rutenberg Realty 255 Executive Dr, Plainview NY 11803 - Plainview, NY
Long Island Condo and Home Specialists

Nina, Makes sense that a big portion of those cash sales were likely investor-driven. I believe that's the same here too!

May 03, 2025 07:30 AM
Nina Hollander, Broker

Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400 hi Sheila... investment properties are not penciling out for investors these days the way they did when interest rates were low and home prices lower. Also, we have communities that are limiting the number of investor sales allowed via rental restrictions.

May 03, 2025 07:43 AM
Michael Jacobs
Pasadena, CA
Pasadena And Southern California 818.516.4393

Hello Nina - I like the format of this update on real estate-related news around Charlotte.  

May 03, 2025 07:53 AM
Nina Hollander, Broker

Michael Jacobs thanks, Michael. This has been on my mind to do for some time now... just never got around to it. Hoping to do an update monthly or maybe even twice a month.

May 03, 2025 08:04 AM
Patricia Feager
Flower Mound, TX

Nina Hollander, Broker - I like the structure of this local news, especially about "Charlotte to Host the 2027 Military World Summer Games!" I would imagine many people have this on their calendars already and don't want to miss it! It will make good news stories too!

May 03, 2025 08:17 AM
Nina Hollander, Broker

Patricia Feager thanks, Patricia. These military "olympics" will be a big deal for Charlotte. So far, very low key in terms of announcements.

May 03, 2025 08:19 AM
Kathy Streib
Cypress, TX
Retired Home Stager/Redesign

Hi Nina- I've don't remember seeing this News from Charlotte before but I like it. It's full of useful information. 

May 03, 2025 08:44 AM
Nina Hollander, Broker

Kathy Streib hi Kathy... I've been thinking about doing this for some time now... just never got around to it.

May 03, 2025 01:32 PM
GilbertRealtor BillSalvatore
Arizona Elite Properties - Chandler, AZ
Realtor - 602-999-0952 / em: golfArizona@cox.net

More people are stock-piling cash. Thanks for sharing, make it a great Saturday and enjoy your weekend!

Bill Salvatore, Realtor- Arizona Elite Properties

May 03, 2025 08:45 AM
Nina Hollander, Broker

GilbertRealtor BillSalvatore hi Bill... that might well be although I haven't run into people who are doing that (yet).

May 03, 2025 01:32 PM
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Wow Nina, lots going on in your area and makes it a fun place for people to move to.  Thanks for the information.

 

May 03, 2025 09:16 AM
Nina Hollander, Broker

Will Hamm hi Will... there's always a lot happening in the Charlotte region... not enough time to write about all of it, so I thought this format might be useful to introduce some of what is going on.

May 03, 2025 01:33 PM
Dennis Neal
Exp Realty of Southern California, Inc. - Big Bear Lake, CA
Your Home Sold in 21 Days or We Sell It For Free

Nina, this "News From Charlotte And Beyond" is a fantastic and comprehensive update! From the decrease in cash sales to Charlotte hosting the 2027 Military World Summer Games, you've covered key developments. The details on new construction and the recognition of Tega Cay and Fort Mill as top places to live are valuable insights. Highlighting the Fort Mill school district's #1 ranking is a significant draw. Excellent local news!

May 03, 2025 09:33 AM
Nina Hollander, Broker

Dennis Neal thanks, Dennis... it's been on my mind for quite a while to do a recurring post like this... just didn't get around to it. But now that I've started I can keep doing it!

May 03, 2025 01:34 PM
George Souto
George Souto NMLS #65149 - Middletown, CT
Your Connecticut Mortgage Expert

Nina I am going to seriously think about making plans to attend the 2027 Military World Summer Games.

 

May 03, 2025 12:37 PM
Nina Hollander, Broker

George Souto how great would it be if you came to Charlotte!

May 03, 2025 01:34 PM
Brian England
Ambrose Realty Management LLC - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

I shy away from "news" these days since it all seems so inaccurate, haha, but I would certainly trust "news" that comes from you, especially when it comes to the Charlotte real estate market.

May 04, 2025 05:51 AM
Nina Hollander, Broker

Brian England hi Brian... I think it all depends on your definition of news... this is just a summary of what's happening around the Greater Charlotte region.

May 04, 2025 06:06 AM