PAYMENT SHOCK KEEPS BUYERS AWAY! | Charlotte Real Estate Report

Where will home prices be in Charlotte over the next 12-18 months? In today’s video, we’re discussing an article that suggests a 10% or more decline.

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Brian Taylor is the CEO/Owner of Dreamline Realty in Charlotte, NC. He leads a high-powered and high-energy team of agents that are passionate about helping people move to Charlotte and the surrounding areas. Founded in 2016, Dreamline Realty has become one of the fastest growing real estate companies in the area. Family owned with a passion for excellence!

👏 We can't wait to welcome you to Charlotte and we thank you in advance for putting your trust in us to serve you.



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[lynnfulton]

The Charlotte area is about 35-40% overvalued. Now that prices are starting to drop, the investors are going to start selling as their returns are not going to be better than bond rates. Once that happens, the bottom will fall out of the prices and that's when we will get back to real prices.

[originalk]

Buyer can’t afford it. Seller have to drop prices no questions

[pmack]

I think prices will continue to drop. I am seeing lots of price cuts. Charlotte also have alot of new home builders all over Charlotte.

[maaike]

Hi Brian, thanks for another helpful video! My husband and I were looking at Ballantyne for the past year but currently on the sidelines. We live in Lee County, Florida, which was just devastated by Hurricane Ian last week unfortunately. We were looking to move before the pandemic but once prices got out of control we have been just watching things from afar. It’s so hard to know what could happen, we are hopeful that prices in Charlotte may fall to pre-pandemic levels, but who knows. The hurricane has been a setback but we are hopeful to save and be ready to jump in the next 1-2 years depending what’s going on with the market up there! I have a feeling Ballantyne will remain more expensive but we are still hopeful 🙏🏻.