Charlotte home prices keep rising – and demand isn’t slowing

 · Although the rapid rise in prices increases the risk of investment, it may just reflect a true increase in demand for second homes/retirement property.

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 · Home Prices Keep Rising, But Growth Slowing. National home price indexes continue to show a strong, but slowing, 5-7% YoY rate of appreciation despite the headwinds from rising mortgage rates and.

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Home prices in Mecklenburg County last month saw their biggest jump in at least a year. The median sales price in July was $350,000, according to the Charlotte Regional Realtor Association.

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Right now, experts believe that unwarranted rising interest rates along with global trade wars could be enough to send US housing markets crashing. Rates are rising fast (70% higher) and that alone can create inflation and prevent home buying given how high home prices are in places such as New York, California, Texas, and Florida.

Charlotte home prices climbed 6.1 percent in February from the same month last year, a report released Tuesday showed, in a sign that area homebuyers are vying for a limited number of homes on the.

Homes in the Denver area are still selling, but at a more reasonable pace and a more reasonable price," Potarf said. "The price drops are largely a result of unrealistic sellers. Right now, many sellers believe they can get as high of a price as they could have last year even though demand isn’t as strong.

Between 2020 and 2030, an additional 271,000 residents are expected – more than the estimated 224,000 people the expected to add to the city’s population between 2010 and 2020. That means that the phenomenon of rising rents and home prices driven by growing demand isn’t.

 · INTERACTIVE: san diego home prices Keep Rising While Sales Slow. It’s a simple supply and demand formula,” he said. Take Lisa Mead for example. When Mead bought her Clairemont house in 2009.

The Charlotte Housing Market in 2016: A Cheat Sheet;. the rate at which home prices are increasing could slow down. Allen Tate Co. President and CEO Pat Riley has a similar view, and expects to see more homes listed for sale this year. "I’m confident that in 2016, we’ll continue on a.