Charlotte NC Real Estate Recap

Weekly Update May 8th


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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 Charlotte for a new townhome community.
  • Fallon Co. secured $100.5M for the 329‑unit Twelve03 mixed‑income project near South End/Uptown.
  • Charlotte’s apartment pipeline is growing across Uptown, Midtown, Dilworth, and SouthPark, adding hundreds of units.
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Charlotte NC Real Estate RecapBy plaraway12