Charlotte Market Pulse

Weekly Recap May 29th


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  • 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
  • Huntersville approved the 44-acre Knox Crossing mixed-use development with 400+ homes


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Charlotte Market PulseBy Patrick Laraway