Charlotte Real Estate Market Update: Trends and Strategies for Buyers and Sellers

May 22, 2024 — The Charlotte real estate market is experiencing a significant transition, shaped by various critical factors. Today, the average interest rate for a 30-year fixed mortgage stands at 7.02%, reflecting a decrease of 12 basis points over the past week. Despite the slight drop in interest rates, market dynamics reveal a more complex picture, influenced by the changes in listings, sales, and inventory.

Key Market Trends

1. Increase in New Listings: From April 2023 to April 2024, new listings in Charlotte have increased by 17%. This influx of new properties suggests a growing confidence among homeowners and builders to sell in the current market, potentially due to perceived high property values or a desire to capitalize on market conditions before any potential downturn.

2. Decline in Closed Sales: Despite the increase in new listings, closed sales have dropped by 2.9% o ...

Your home is your oasis. A place to kick back and relax from your day. So, why not invest in some items that can boost the zen in your home? Check out the tips below to help you achieve ultimate bliss!
Introduce calming scents. A calming scent, like lavender, valerian, camomile, and bergamot, can do wonders for easing stress or anxiety. Find candles that incorporate these scents or purchase essential oils and diffusers, like this one from URPOWER that has over 44,000 5-star reviews on Amazon.
Drown out the noise. Having trouble sleeping due to distracting outside noises? A sound machine might be the solution. Like this one from Letsfit, most of them offer several sounds to choose from including natural noises, fan sound effects, and white noise.
Wake up more naturally. Studies have shown that waking up to natural light can allow you to wake with more energy and in a better mood. However, if you can’t wake to real sunlight, a wake-up light, like this one fro! ...

You’ve seen the label ‘organic’ for years now, but what does this really mean and what are the benefits to you and your family?
According to the Mayo Clinic, the word ‘organic’ references the way farmers grow and process agricultural products. Organic farming practices are designed to address several factors, such as pest and weed control, usage of additives, animal habitats and treatment, pollution, and more.
For produce to be certified as organic, it must have been grown on soil that has been free of synthetic fertilizers and pesticides for at least 3 years. For meat to carry the organic certification, the animals must be raised in living conditions that allow them to continue their natural behaviors, fed natural, GMO-free foods, and cannot be given hormones or antibiotics. Finally, when it comes to processed organic foods, they must be free of artificial preservatives, food coloring, or flavors.
Over the years, research has shown potential health ben. ...

As technology continues to evolve year over year, new products hit the market that help make our lives easier. Check out these five amazing innovations that can assist you in the kitchen!

Instant Pot Smart WiFi 8-in-1 Multicooker.

This handy appliance is an electric pressure cooker, steamer, rice cooker, warmer, and more. It’s compatible with Alexa and connects to WiFi, allowing you to access more than 1,000 recipes, control cook settings, and check on your meal’s progress with their free app or voice assistant.

NutriBullet Balance Bluetooth Enabled Smart Blender.

Using Bluetooth to connect the blender to your smart device, you can use the free NutriBullet Balance app to set your health goals and select from hundreds of recipes. Then the blender counts calories, proteins, carbs, and more based on the volume of each ingredient you add.

Hamilton Beach Smart Coffee Maker.

By pairing this smart coffee maker with an Echo Dot, your morning routine becomes a litt. ...

Recycling has a positive impact on the environment for many reasons. It helps conserve natural resources, prevent waste from piling up in landfills, and protect nature. However, if not done correctly, your recycling efforts can be in vain. Here are 5 tips to follow!
Know what can and can’t be recycled. Paper, plastic containers, glass, cans, and cardboard are the most commonly recycled materials. Items like plastic bags, plastic wrap, styrofoam, paper towels, tissues, and aluminum foil are commonly mistaken as recyclable materials. However, they should be placed in the trash. If you place materials that cannot be recycled into the bin, they can ruin the entire load and cause it to end up in a landfill instead. 
Avoid small items. Avoid recycling small items, such as caps, pieces of paper, can tabs, plastic cutlery, and pen caps, even if they are made of recyclable materials. These items can get lodged in sorting machinery at the recycling center.
Clean before recycli. ...