Highlights this week:
- 30-year fixed rates pushed to six-week highs around the mid‑6% range as inflation data ran hotter
- MBA data showed mortgage applications up 1.7% with purchase activity rising 4%
- Existing-home sales were flat in April, underscoring a slower spring market
- Inventory continues to edge higher while listing prices run below last year’s levels
- Charlotte approved $26.4M for affordable housing projects targeting 816 homes
- City leaders are debating a temporary pause on new data center construction to address utility impacts
What is Charlotte NC Real Estate Recap?
A crisp daily briefing on Charlotte NC housing: rates, affordability, policy headlines, and market trends—delivered each afternoon in under five minutes.
Patrick Laraway
American Security Mortgage
MLO# 961156 | ASMC NMLS# 40561