Name: HERE CHARLOTTE
Address: Charlotte, North Carolina, 28202, United States
Price range: $$

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

January 26, 2025 No Comments

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

January 16, 2025 No Comments

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

January 16, 2025 No Comments

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

January 15, 2025 No Comments

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

January 7, 2025 No Comments

A luxurious home on Lake Wylie waterfront with beautiful landscaping.

Business News

Lake Wylie Sets New Record with $5.6 Million Home Sale

News Summary In a groundbreaking sale, a Lake Wylie home sold for $5.6 million, marking the highest price ever in the Charlotte area real estate market. This luxurious estate spans 17,000 square feet on 11 waterfront acres, featuring seven bedrooms, eight bathrooms, and a guest house. The sale reflects the growing demand for high-end homes in Lake Wylie, with several properties recently exceeding $1 million. As the market flourishes, Lake

January 6, 2025 No Comments