Real estate in Charlotte is absolutely hot right now. Home prices are soaring and demand is at an all-time high. To top it off, the job market is strong and the Queen City is only growing. So what can you expect in 2018? Let’s just say, things don’t look like they’re going to slow down anytime soon. Read this article to learn about possible real estate trends of 2018 and whether buying a Charlotte luxury home for sale is the right move for you in the new year!
A Perfect Combination
Do you love the city with the convenience that the suburbs offer? Expect to see more mixed-use development popping up throughout Charlotte in 2018. Buyers consistently love neighborhoods that offer everything from shopping, dining, exercise, parks and other amenities within walking distance.
While you may love the city environment that Uptown Charlotte houses for sale offer, make sure to check out other neighborhoods that offer the glorious combination of the city and the suburbs!
Generational Switch
Many Millennials are moving out of Uptown and settling down with their families into homes for sale in Waxhaw and other Queen City suburbs. They simply want more space and a quiet place to raise their children.
However, Baby Boomers are reaching retirement age and are looking to downsize. Uptown is one area that offers easy luxury with all of it’s conveniences for empty nesters.
The New Uptown Light Rail
The Blue Line light rail will connect Uptown to UNC Charlotte in 2018. This is expected to make buyers at least consider the idea of moving out of Center City homes for sale. Keep an eye out for new neighborhood hot spots as the light rail shapes real estate in Charlotte!
What do you think of these possible real estate trends of 2018? We would love to hear your thoughts!