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Updated over 8 years ago on . Most recent reply
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Surrounding Charlotte, NC market trends
Good afternoon y'all!
My husband and I are new to this area, so we are still trying to figure out the nice areas, from the areas you don't want to be caught in. Any help here would be greatly appreciated!
When doing quick searches, alot of homes in Salisbury, NC as well as Mooresville, NC come up--does anyone have any recommendations or experience with the market trends in these areas? We would like our investment to have some appreciation potential, but we do not know enough about these towns to get a good read on it.
Thanks!
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What are you looking to do? Buy and Hold? House Hack? BRRRR? I think Charlotte, in general, will see long term appreciation but I wouldn't just buy for appreciation (too risky).
The areas mentioned are great places to live but it may be difficult to make the numbers work as an investment (Ballantyne, Marvin, etc.).
Mooresville is a nice area and probably cheaper than South Charlotte (depending on the proximity to the lake etc). Lowes is headquartered there and still commutable to Uptown which is good. Feel free to reach out.