Is 2024 the Year of the Renter in Charlotte NC? Should You Not Buy a Home in Charlotte in 2024?

Is 2024 the Year of the Renter in Charlotte NC? Real Estate Insights Revealed!
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Is 2024 the year of the renter in Charlotte NC? Discover in this video as we delve deep into the real estate trends and predictions shaping Charlotte's rental market. Whether you're a current resident or planning to move, this is your go-to guide for understanding the dynamic housing market. We'll explore key factors influencing rent prices, the best areas for renters, and expert insights on what 2024 holds for the rental market in Charlotte. Plus, get tips on how to navigate the rental process smoothly and make the most out of your renting experience. Don't miss out on the essential information every renter in Charlotte needs to know!
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Sir Ashley Harrison
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[@tiffany4865]

Been here a year. Compared to Burlington, NC it is not cheap living here. But its a lot of restaurants and nice things to do here thats why I have stayed.

[@dolamyte]

Single family home rentals lag in price compared to apartments. My bet is the fed will drop rates before SFH value and rental rates start to drop, so we’ll never see it happen. I’d imagine apartments rates will continue to drop for another year, plateau and stay there for a while depending on how many people continue to move to Charlotte and which industries continue to slow down, move out or grow

[@MS28227]

Great insight as always! So true - when someone asks “how’s the market”, the answer isn’t simply good or bad. We first must define which market that we’re talking about. Each price point is absolutely a unique market. Thanks Sir Ashley!

[@tiffanyodean]

Good information as always. Several apartments are being built on my side of town. I’ve owned and have been renting since I moved here. Trying to decide if I want to buy again but the market is 🤦🏽‍♀️

[@Soulreactions]

Man I need a rental. I been homeless and living in my car. I work at staples distribution for over year

[@MaryellenS.13]

Hey, Handsome Sir! W/corporate conglomerates like Black Rock…buying up neighborhoods, last I heard 40% of the market in the USA. Is it accurate to say that is what drove rents up and buying almost impossible?

[@advisorSirAshley]

Hello Maryellen, I heard the same thing about blackrock but its fake news. They do not own 40% of the market in the USA, but with that said, yes, large corporations have begun setting the market for rental prices for single family homes. Prices for single family home rentals are also going up because of the narrative that its better to rent, so its more demand for single family home rentals and inventory isnt growing, so that drives prices up as well.

[@barbaramosley8123]

@advisorsirAshley 📬🤓” Sir Ashley Your Responded To @MaryellenS. 13👈🏾Was Very Well Explain, To The Point For Understanding Mean👈🏾IMPECCABLE👈🏾FALSE-LESS TRUE PEACE 👈🏾🙌☝️🤓

[@tiz6549]

Man rent is high everywhere! Try living in the state of California - yea rent is high in Charlotte but it's nothing compared to Cali!!!

[@mzjriley2012]

Moving to Charlotte soon. I have no clue where to move to. These videos are very helpful.

[@imperialkhmer6146]

I wanted to move to Charlotte from Spartanburg because I love the city. The only problem I have is my bad credit score won't let me get a room for rent. I only need a small room around maybe 800-1,000 a month

[@Candy-yk5pg]

I already came from a city where people are living on top of each other. I say, you will find a house! Why rent, when you can own! I don't even like townhomes..

[@ARAVINTHD-xt4yj]

How about investor to buy Townes? Or market is at its peak and can we wait? Pls advise

[@victoriabutler7056]

Great information

[@advisorSirAshley]

Glad it was helpful! 💪🏿

[@advisorSirAshley]

Glad it was helpful! And thank you for watching!

[@misselevate5442]

Great video!

[@ARAVINTHD-xt4yj]

How about investor to buy Townes? Or market is at its peak and can we wait?

[@teddybruscie]

The thing people have to understand about single family housing is that it is extremely wasteful landuse. It requires too much land and the city has high demand. Charlotte realises this. That's why in most cities they're getting out of the single family detached housing game. They're buing townhomes almost exclusively just to fit enough people in the city. Otherwise building more homes would be more costly and take longer to build. If you're looking for a traditional home, you're gonna pay out the ass. You can get a townhome though. I want a high rise condo, but that's a different beast entirely.

[@prostigeMarketing]

I need to buy off market, may have to buy Subject-to

[@advisorSirAshley]

Me too!

[@originalk9111]

I better worry up and buy a home , prices are great interest rate are great. lol

[@advisorSirAshley]

You have to do what's best for you and family.💪🏿

[@barbaramosley8123]

📬😓🙌ITrue That!!☝️ 7:40 Sir Ashley👈🏾Apartments With Garbage 🗑️ Balconies🔨🔨🔨……💯👈🏾😓🤕Humility & True ✌️

[@ARAVINTHD-xt4yj]

How about investor to buy Townes? Or market is at its peak and can we wait? Pls advise