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Charlotte’s Real Estate Market
Charlotte’s housing market is hot. Buyers have gotten into bidding wars with each other. Some have resorted to writing love letters to sellers in an effort to convince owners to sell to them. Construction cranes dot the landscape and because home inventory is low, prices are up. In the middle of this hot month, we take the temperature of real estate – residential and commercial – with an eye toward where it’s headed and how it compares to the run up to the last bubble.
Mark Vitner – Managing Director and Senior Economist at Wells Fargo
Maren Brisson-Kuester – President, Charlotte Regional Realtor Association and Broker/Realtor with Cottingtham Chalk Hayes Realtors
Ely Portillo – Economic Development Reporter for The Charlotte Observer