Well, let me tell ya somethin’ about this Charlotte place and what they’re sayin’ ’bout the houses there. Folks are jabberin’ on and on about what’s gonna happen, so I figured I’d try to make some sense of it for ya.
Is Charlotte gonna be a good place to buy a house or what?
Some folks, the ones they call “experts,” they say things ain’t gonna change much in 2024. Houses will be sellin’ about the same as they are now, not too fast, not too slow. But then ya hear other folks sayin’ Charlotte is still a hot place to buy, even if it ain’t the hottest like it used to be. They was number one back in the day, then number five, now they somewhere down the list, number fourteen or somethin’. Still pretty good, I reckon.
- Prices ain’t jumpin’ like they used to: Used to be, ya blink and the price of a house went up a thousand dollars. Now, they sayin’ prices might go up a little bit, maybe three or four percent a year. That ain’t nothin’ compared to what it was, but it’s still somethin’. They sayin’ a house in Charlotte costs around $410,000 now. That’s a whole lotta money, I tell ya.
- More houses for sale: For a while there, it was harder to find a house than a hen’s tooth. Everybody was buyin’, and nobody was sellin’. Now, they sayin’ there’s more houses on the market, which means ya might have a better chance of findin’ somethin’ ya like. And maybe ya won’t have to fight tooth and nail to get it neither.
- People still movin’ there: Even though things have slowed down a bit, folks are still comin’ to Charlotte. They sayin’ it’s a good place to live, got jobs and all. So, that means there’s still gonna be people wantin’ to buy houses. That’s what them Realtor fellas are sayin’ anyways.
Now, some folks were worried about somethin’ they call a “housing market crash.” That’s when prices fall faster than a sack of potatoes. But from what I hear, that ain’t likely to happen in Charlotte. Things might slow down, but they ain’t gonna fall apart completely.
What’s gonna happen next year, in 2025?
Well, them experts, they got their crystal balls out again. They sayin’ that more houses will be sold in 2025 than this year. And prices? They might go up a bit more, maybe eight percent or so. That sounds pretty good to me, if ya ask me. More folks buying and prices going up means it’s still good to put your money in a house, I reckon.
So, what does all this mean?
If ya ask me, Charlotte’s still a pretty good place to buy a house. It ain’t crazy like it was before, but it ain’t bad neither. Prices are still goin’ up a bit, and folks are still movin’ there. If ya find a house ya like and ya can afford it, then I say go for it. Just don’t expect to get rich overnight. Them days are gone, I tell ya.
Here’s the thing, plain and simple:
Charlotte housing market ain’t boomin’ like it was, but it ain’t bustin’ neither. It’s what they call “stable.” Prices are goin’ up a little bit, not a lot. There are more houses for sale now, which is good if you’re buyin’. And folks are still movin’ to Charlotte, so there’s still gonna be people wantin’ to buy. The prediction for 2025 is that things will pick up a bit, more houses sold and prices might go up a bit more.
So, there ya have it. That’s what I’ve been hearin’ ’bout Charlotte and its houses. Take it with a grain of salt, of course. Nobody really knows what the future holds, but that’s what they’re sayin’ now. And I’m just tellin’ ya like it is, no fancy words or nothin’. Just plain talk, you know?
