Mecklenburg Times: News for Mecklenburg, Union and Iredell counties Real Estate, Development, Construction, and Community News in the Charlotte area and throughout Mecklenburg, Union and Iredell counties

Housing markets in vacation destinations and relatively affordable suburbs of big cities have heated up more than any other area over the last year, a time period that starts with the onset of the coronavirus pandemic in the U.S., according ...

Tagged with: vacation homes

Tech-savvy millennials are not only driving the Zillow surfing trend, they could change the way we shop for and buy homes. A new Zillow survey1 finds the largest generation of first-time home buyers overwhelmingly want digital tools available during the ...

Tagged with: Zillow

After a year of COVID-19 and its effects on work, a new study by global communications consultancy Ketchum shows that more than two-thirds (70%) of employed Americans say they are more likely to stay at their current jobs than they ...

Tagged with: Coronavirus

Demand for U.S. short-term rentals fell by 27.5% in February, compared to the same time in 2020. This marked the worst monthly performance since April, 2020. In stark contrast, new U.S. booking made in February 2021 surpassed last month’s record, ...

Tagged with: rentals

After a year of eating at home — and finding escapism in the form of freshly baked bread or desserts — home buyers want the professional features and equipment to take their cooking to the next level. New Zillow research ...

Tagged with: kitchens

The share of mortgage lenders expecting profit margins to decline in the months ahead increased for the second consecutive quarter, with an even greater share of lenders now expecting profit margins to decrease in the months ahead, according to Fannie ...

Tagged with: Fannie Mae

The median home-sale price increased 16% year over year to $323,600, an all-time high, according to a report from Redfin (redfin.com). This is the largest increase on record in this data set, which goes back through 2016. Below are other ...

Tagged with: Redfin

  Commercial real estate industry leaders continue to acknowledge the effects of the COVID-19 pandemic on various asset classes, while expressing increased optimism for both current and future market conditions for the remainder of 2021, according to The Real Estate ...

Tagged with: commercial real estate

The median home sale price increased 17% year over year to $330,250—an all-time high—according to a new report from Redfin (redfin.com). This is the largest increase on record in this data set, which goes back through 2016. Below are other ...

Tagged with: Redfin

U.S. rents grew for the second month in a row, another sign the bottom of the market may be in the past. The softest rental markets during the coronavirus pandemic were in high-priced areas of a metro, meaning affordability gains ...

Tagged with: Zillow