Charlotte Market Pulse

North Carolina ranked #2 State for Business in the country by CNBC. More companies, more jobs, more housing demand heading into Q3 June national data from Realtor.com: list prices fell 2.5% (largest single-month drop on record) while pending sales rose for the 7th straight month . Market finding its footing, not crashing Charlotte's building boom is colliding with a construction worker shortage. N...

◆ Rates holding at six point five zero percent as of July seventh per FRED — steady in the mid sixes as the market digests mixed signals this week ◆ Charlotte and CMS hosting an Education to Employment Signing Day today — fourteen recent graduates stepping into full time city roles, a great sign for our local workforce pipeline ◆ FirstService Residential in Charlotte announced a leadership promoti...

◆ Rates holding at six point four six percent as of July second per FRED — a fantastic starting point heading into the summer stretch ◆ Charlotte swears in new mayor Rob Harrington, kicking off his first full week in office with strong energy across the city ◆ Goldhofer, a German manufacturer, is building its first North American facility in Catawba County, bringing eighty new jobs by 2030 — anoth...

◆Rates holding in the mid-sixes this morning — thirty year fixed at six point five three percent per Mortgage News Daily — national averages dipped to six point four this weekend per Fortune. The trend is moving in the right direction heading into July. ◆Bank of America released their annual Homebuyer Insights study out of Charlotte this week — for the first time since 2023, fifty three percent of...

◆ Rates dipping — 30-year fixed at 6.449% as of June 24, falling for the 3rd straight day — Treasury yield eased to 4.41% ◆ Charlotte housing inventory at its highest since 2016 — buyers have more choices, more time, and more negotiating power than in years ◆ Ignite Medical Resorts (Illinois) acquired 4 Atrium Health rehab facilities in Charlotte for $46M — more employers, more housing demand long...

◆ Rates hovering around 6.5% — 30-year fixed in the mid sixes, up slightly from Monday ◆ Congress passed bipartisan housing bill yesterday — heading to Trump for signature today — expands financing, encourages modular/innovative housing, restricts corporate landlords ◆ First-time buyer median age now 40 nationally; rents up 47% since pandemic — Charlotte outperforms most metros on affordability ◆...

Rates ticking up — 30-year fixed at 6.53% today, up from 6.45% Thursday — still mid sixes, still workable Capital Group approved for 600 high-paying financial jobs in Uptown Charlotte — $60M investment, final Mecklenburg County vote passed this morning Charlotte foreclosure filings up 67% year over year in April (ATTOM) — far above the national 18% rate — distressed inventory worth watching Active...

◆ Rates are holding steady this week. The 30-year fixed is at 6.48% as of Tuesday, and Freddie Mac confirmed 6.47% this morning. Basically flat — and that means you can plan with confidence right now. ◆ Big story out of York County — a $1.5 billion life sciences project just got approved for Rock Hill. That's a massive economic win for the entire southern corridor. Projects like that drive housing...

◆ Rates easing — thirty year fixed at 6.448% as of June 15, down from 6.476% the week prior ◆ Sellers pulling listings at near-record rates — nearly 6% of homes withdrawn in April; Charlotte holding at 2.8 months supply ◆ Charlotte down payment assistance programs have funding available now for qualifying first-time buyers — DM Patrick for details ◆ Mecklenburg County adopted a $2.6 billion FY2027...

◆ Fed meeting today — rate hikes back on the table, rates holding in the low-to-mid sixes ◆ Charlotte-area property taxes rising July 1 — budget accordingly ◆ Inventory up roughly 10% year-over-year — more options, more negotiating room ◆ About 1 in 5 sellers cut their price in May — buyer leverage is real ◆ First-time buyers: affordability is tough but conditions improving vs. last year ◆ SouthPa...

◆ Charlotte Market Pulse — Weekly Recap — June 9-13, 2026 ◆ Mortgage Rates Held Steady This Week ◆ The 30-year fixed rate averaged right around 6.5% for the full week. Started at 6.52% on Monday, dipped slightly midweek, but closed the week holding strong. The Fed remains on pause — no cuts expected through the end of June. ◆ Top Market Stories That Moved Charlotte This Week ◆ Charlotte inventory...

FRED’s latest 30-year fixed mortgage average (June 4) is 6.48%. SouthPark’s Amwins tower moves ahead: 15 stories with office, parking, and up to 250,000 sq. ft. of retail; demolition starts this month. Mooresville rejected a 39‑townhome project near Lake Norman over traffic safety concerns. First‑time buyers are only about 21% of the market, well below the historic 40% norm. The Fed’s full voting...

30‑year fixed rates eased to roughly 6.57%–6.58% after a full week of declines. MBA data showed mortgage applications down 2.5% even as rates fell; refis remain up year over year. Pennsylvania advanced a statewide ADU bill, underscoring nationwide policy pushes to add supply. Multiple builders advanced new Charlotte‑area residential projects alongside ongoing apartment development. Huntersville ap...

FRED’s 30-year fixed rate for the week ending May 28 is 6.53%, while purchase demand is holding up better than last year. Refi activity is cooling as homeowners hesitate to time rates. A new 350-unit apartment community is now leasing in Charlotte’s Optimist Park. Pulte, JPOrleans, and Davidson Homes are advancing multiple Charlotte-area residential projects. Economists expect slower home price gr...

Mortgage rates remain under 7% with 30-year averages around 6.36% and 15-year around 5.71%. A new, still-unnamed neighborhood is taking shape north of NoDa near the Sugar Creek light rail stop. The Excelsior Club site in west Charlotte is seeking rezoning for a $7.8M rebuild plan. Rising credit card and auto delinquencies are adding cost pressure for many households. The Fed is debating new inflat...

30-year fixed rates hovered between ~6.59% and ~6.65%, with borrower demand still soft Mortgage applications fell again as refinancing activity cooled California moved to tighten its starter-home law to reduce local zoning workarounds Charlotte’s River District advanced plans for 158 new townhome rentals Pineville’s Heritage Pineville project will add 200+ apartments plus retail downtown Huntersvi...

Mortgage rates remain sensitive to geopolitics; easing Iran conflict could relieve pressure, but volatility persists. Case‑Shiller: home prices up 0.7% YoY, down 0.2% MoM; inflation still outpacing prices, with real values falling. New green card policy proposal could slow immigration-driven housing demand in some markets. Huntersville approves $200M Knox Crossing mixed‑use project with 413 homes...

30-year fixed rates opened the week around 6.68%, a nine-month high, and remained volatile amid geopolitical headlines. MBA data showed mortgage applications fell 2.3% and purchase apps dropped 4% as rates pushed into the mid‑6% range. ARM share climbed to 9.6%, the highest since Oct. 2025, as buyers sought lower initial payments. A national trend is emerging of parents helping adult children buy...

Mortgage rates climbed again, with 30-year conforming around 6.77% and jumbo near 6.89% amid higher Treasury yields. HELOC demand is rising as homeowners seek cash without refinancing, while pending sales show only modest improvement. The House passed a bipartisan housing bill targeting large investor purchases while encouraging new construction; Senate action is next. Greystar acquired a site nea...

HousingWire says the 10‑year Treasury yield is pushing 30‑year fixed rates up around 6.7%. CNBC reports escrow shortages are projected for about two‑thirds of accounts, averaging roughly $2,100, driven by taxes and insurance. The Fed’s 12 voting officials meet this week, keeping rate expectations tied to upcoming inflation and growth data. I‑77 South toll‑lane plans face continued pushback and a C...

Highlights this week: 30-year fixed rates pushed to six-week highs around the mid‑6% range as inflation data ran hotter MBA data showed mortgage applications up 1.7% with purchase activity rising 4% Existing-home sales were flat in April, underscoring a slower spring market Inventory continues to edge higher while listing prices run below last year’s levels Charlotte approved $26.4M for affordable...

- 30-year fixed mortgage rates moved higher again today, keeping affordability pressure front and center. - Zillow’s April data shows listings outpacing sales, giving buyers more inventory and longer days on market. - A major Senate housing bill targets supply and affordability, but still needs a House vote. - Flournoy broke ground on the 318-unit Declan Huntersville apartments near the planned Ly...

Mortgage outlook keeps 30-year fixed rates in the 6.3%–6.5% range for the next 90 days. Nationally, March showed ~600K more sellers than buyers as demand fell about 10% year over year. Congress is advancing a bipartisan housing bill focused on boosting supply and curbing large institutional investor purchases. Huntersville approved a 12-acre Lake Norman mixed-use project with 250+ homes and 11,500...

Highlights this week: 30‑year fixed hovered near 6.3% early week, jumped to ~6.5%, then calmed as geopolitical headlines eased. Realtor.com’s spring ranking shows inventory up and value shifting toward Midwest and mid‑Atlantic markets. Florida’s Infill Redevelopment Act would allow housing on idle golf courses, signaling stronger state zoning preemption. Atlanta developer bought 39 acres in east C...