Charlotte, right now?

Question

Hello colleagues!!!! Is there any information on what kind of market Charlotte is right now and any future projections?

Jasmine S. · Answer

Great advice @Anthony Davis I would echo those sentiments particularly the recommendation regarding being relentless!

David Chwaszczewski · Answer

Stephanie S.  Is correct.  It is a "SELLERS MARKET" right now.  It is getting harder and harder to find a good deal.

Anthony Davis · Answer

Good morning!

A local Realtor can give you a "snapshot" of your targeted zip code or area. It will usually come in the form of an email after you submit some personal information. You should let the Realtor know if you are an investor or retail buyer.

Think of your message/question before calling though if you prefer not to have an on-going contact. Trulia, Zillow, and other " real estate" websites will have features available to you as options after signing up with them. (Asking a local Realtor would be BEST.)

I am an investor in Charlotte. I am not a Realtor, so unofficially, I will tell you the market is very competitive. It has many buyers in the marketplace looking for "deals." Many Realtors are also investors here.

I will also say that you can always find a deal if you are relentless!

I hope this has helped in some way.

This has been an information nugget.

Anthony

Stephanie S. · Answer

Thank you everyone for your input.  Much appreciated!

Cindy Bowman · Answer

I'm a realtor on a Keller Williams team in the university area. Over the last few years we've seen investors buying up tons of turnkey properties. However, in the past year or so, it's gotten much harder for investors because inventory is so low. Lowball offers won't even be considered on a decent property.  If your willing to do some rehab you'll have more options. I'd be happy to set you up on some searches if you can be pretty specific, zip codes, neighborhoods, sfr vs multi family, sq footage, age, etc, etc. You'll need to do some research on your own to narrow things down. Message me if I can help.

Nasar Elarabi · Answer

Its a sellers market right now..

T.J. Fiorillo · Answer

Good advice all around! Thanks for your input.  I'm a new investor that is focusing on the Charlotte area as well.

Stephanie S. · Answer

Do you know of any investor friendly title companies in the area?

Charlotte, right now?

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