According to Zillow, the Queen City is predicted to be the No. 4 hottest housing market in America in 2018! Read this article to find out why you should finally make the leap to purchase your dream home for sale in Ballantyne this year. It turns out, Charlotte has the perfect combination of opportunity to make this investment worth it. There are a few key factors that contribute to the fact that Charlotte is in the top five housing markets of 2018 and you need to know them so you don’t miss out!
Report Details
Zillow’s top 10 housing market list is based off the Zillow Home Value and Rent Forecast. Employment, income and population data was also pulled from Glassdoor. Here is the line-up:
1. San Jose, Calif.
2. Raleigh, N.C.
3. Seattle, Wash.
4. Charlotte, N.C.
5. San Francisco, Calif.
6. Austin, Texas
7. Denver, Colo.
8. Nashville, Tenn.
9. Portland, Ore.
10. Dallas, Texas
If you are seeking out a Charlotte luxury home for sale, you’ll want a comprehensive snap-
shot of our city’s market data. According to the report, here are Charlotte’s numbers that may
be of interested to you:
Median Home Value: $181,600
Year Over Year Home Value Forecast: 4.0%
Median Rent: $1,300
Year Over Year Rent Forecast: 1.9%
Income Growth: 9.4%
Population Growth: 2.0%
The Primary Factors
So, what factors contribute to making these markets sizzle and the reason behind why houses
for sale in Uptown Charlotte are in high demand? Accelerating home prices, expanding income
and jobs, and new residents.
If you are looking for a real estate agent for your home buying or selling needs, contact Homes
By Cross today. We are trusted local experts and will get you the best deal in this hot market!