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Category: Real Estate & Properties

Explore the latest updates and insights in the Charlotte NC Real Estate & Properties category. This vibrant hub offers comprehensive information on buying, selling, and investing in real estate across the Charlotte metropolitan area. Stay informed with the latest market trends, property listings, and neighborhood guides that highlight the unique charm and appeal of Charlotte’s diverse communities. From bustling urban condos to serene suburban homes, discover the best options for both first-time buyers and seasoned investors.

In addition to property listings, this news category page features expert advice on navigating the competitive Charlotte real estate market. Read articles on home financing, renovation tips, and investment strategies tailored to the unique characteristics of North Carolina’s Queen City. Access valuable resources, including real estate agent profiles and customer testimonials, to help you make informed decisions. Whether you are looking to relocate, invest, or simply keep an eye on market trends, our Charlotte NC Real Estate & Properties category is your go-to resource for everything related to real estate in the area.

Picture of Sunseeker Resort with beach and palm trees
Business News

Allegiant Travel Co. Sells Majority Stake in Sunseeker Resort

News Summary Allegiant Travel Co. is set to sell a majority stake in Sunseeker Resort in Charlotte Harbor, a move aimed at addressing financial struggles since its launch in December 2023. Despite initial setbacks from the COVID pandemic and hurricanes, the resort is engaged in community events and seeks new investors to enhance its performance and overall value. With occupancy rates only reaching 54% in its first year, Allegiant hopes

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Eastway Square Shopping Center in Charlotte, NC
Business News

Westwood Financial Acquires Eastway Square in Charlotte

News Summary Westwood Financial has acquired the Eastway Square Shopping Center in Charlotte, boosting its retail presence in the booming Sunbelt region. The shopping center, located at the intersection of Eastway Drive and Central Avenue, spans over 130,156 square feet and features anchor tenant Food Lion, along with various popular retailers. With a growing local population and an average household income exceeding $112,000, Eastway Square is set to serve the

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Cityscape of Charlotte, North Carolina featuring modern architecture
Business News

Brett Gray Joins CBRE as Senior Managing Director in Charlotte

News Summary Brett Gray has been appointed as the new Senior Managing Director and Market Leader for CBRE in Charlotte, North Carolina, starting November 2024. With a robust background from Cushman & Wakefield where he played a significant role in expanding operations, Gray is set to oversee business operations and market strategy for CBRE’s advisory services. His leadership is anticipated to foster a successful culture within the company and strengthen

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200 North College building in Uptown Charlotte
Business News

200 North College Building in Uptown Charlotte Sold for $32.7 Million

News Summary The sale of the 200 North College building in Uptown Charlotte for $32.7 million marks a significant change in the property’s fortunes, following a steep decline from a previous valuation of $133 million. Once home to a business school, the building has struggled with high vacancy rates since Bank of America relocated, leading to the owner’s default on a commercial loan. New owners have plans for redevelopment that

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Skyline of Charlotte NC showing urban development and growth
Business News

Charlotte’s Population Set to Surpass 4.6 Million by 2050

News Summary Charlotte is poised for substantial growth, with projections indicating the population will increase to 4.6 million by 2050. Mecklenburg County alone is expected to welcome 600,000 new residents, significantly impacting infrastructure and housing demands. Neighboring counties in both North Carolina and South Carolina are also contributing to this surge, necessitating investments in transportation solutions to manage rising traffic challenges. As this vibrant city expands, ensuring affordable housing and

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Panoramic view of Charlotte city skyline with modern architecture.
Business News

Charlotte Prepares for Major Population Growth

News Summary Charlotte is set to experience a remarkable 50% population increase over the next 25 years, raising the total to approximately 4.6 million by 2050. This growth, driven by strong economic factors, will necessitate future planning in infrastructure, housing, and services. As the Charlotte Regional Business Alliance transitions leadership, the community is gearing up for the upcoming challenges and opportunities that this significant growth will bring. Charlotte Eyes Vibrant

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Affordable housing development in Charlotte
Business News

Charlotte Welcomes New Affordable Housing Development

News Summary Charlotte is taking significant steps to address its housing crisis with the recent opening of the Residences at Cedar Creek, which provides 200 affordable housing units. Located near I-77, this new complex aims to support residents earning between 30% and 80% of the Area Median Income. City leaders emphasize the ongoing need for affordable housing to retain essential workforce talent, while residents like Gwendolyn Twiggs share heartfelt stories

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A view of modern apartments in Huntersville, NC
Business News

Huntersville Becomes Most Expensive for One-Bedroom Rentals

News Summary Huntersville has overtaken Charlotte as the priciest location for one-bedroom rentals in the metro area, with median rent now at $1,530. This surge is attributed to a population boom and a lack of available listings, leading to increased housing demand and options becoming scarce. While some rent prices have shown slight decreases, renters remain concerned about affordability. Alternatives like Statesville offer more budget-friendly options amidst the rising costs

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New apartment buildings in Charlotte cityscape
Business News

Charlotte’s Apartment Market Shifts with New Developments

News Summary Charlotte’s apartment market is experiencing a notable shift due to a recent construction boom, making it easier for residents to find rental options. With around 15,000 new units added this year, renters face less competition, resulting in a slight dip in rental prices. However, concerns linger about the sustainability of this trend as experts warn that the current vacancy rate may not remain high as new developments slow

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Overview of the Charlotte housing market with homes in an urban setting.
Business News

Charlotte Faces Housing Market Challenges Ahead of 2024

News Summary As Charlotte approaches 2024, its housing market encounters various challenges, including privacy concerns and fluctuating home prices. Sellers are increasingly cautious about revealing personal belongings in listings due to privacy breaches. Despite a dip in home inventory leading to a seller’s market, the upcoming $6 billion River District project brings hope for future development. Experts remain cautiously optimistic, anticipating a potential improvement in inventory and buyer conditions with

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