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New Study Ranks Charlotte The 7th Best Real Estate Market

Author Melanie Day

A new study ranks the Charlotte real estate market as the 7th best nationwide at this time. The real estate market can tell us a lot about the economy. Whether you are looking to purchase a home, sell one, or are in the real estate business, the state of the market is extremely important.

How exactly does the real estate market impact the economy? According to Realtyna, “Real estate affects the economy because it makes up a large portion of individual and business wealth across economic sectors. When real estate prices rise, wealth increases, so individuals and businesses are more likely to borrow and spend.”

More or less makes sense!

But how is the real estate market doing these days? It has seemed to be slowing down a little bit (as a potential buyer I’d like to see that continue). But here the Charlotte real estate market is still going strong. Our friends at WalletHub recently released a study on the best real estate markets currently.

To do so, they compared 300 cities on 17 metrics of “housing-market attractiveness and economic strength”. This includes influential factors such as median home-price appreciation, job growth, and housing affordability.

Three NC cities ranked in the top 10. 3rd was Cary, NC, 5th Durham, and coming in at number 7 was Charlotte. Let’s take a closer look at the data for Charlotte specifically.

Health of The Charlotte Real Estate Market (1=Best; 150=Avg.):

  • 122nd – Share of Seriously Underwater Mortgages
  • 86th – Median Days on the Market
  • 85th – Median Home-Price Appreciation
  • 17th – Job Growth Rate
  • 124th – Foreclosure Rate
  • 137th – % of Delinquent Mortgage Holders
  • 117th – Home Price as % of Income
  • 107th – Maintenance Costs as % of Income

Charlotte ranks 7th overall and 2nd among large cities.

Thanks to our friends at WalletHub for sharing their data with us. You can read the full study here.

Melanie Day is a graduate of North Carolina State University. She has worked for Beasley since 2012 in a variety of behind-the-scenes roles in both digital and promotions. Melanie writes about a diverse range of topics some of her favorites include travel, restaurants, Taylor Swift, and college athletics. When not at work you'll find her at a country concert or NC State sporting event.

4 North Carolina Small Towns Named Most Adorable In The South

Are you looking for a fun, laid-back summer getaway? Perhaps just for a long weekend? Then look no further than right here in North Carolina. There is no shortage of adorable small towns in North Carolina (which we already knew!).

But we love seeing places in our state get recognized for how incredible they are. And Southern Living recently gave us just that. They released a list of “The 15 Most Adorable Small Towns For A Summer Getaway”. And of the the 15 small towns included 4 of them were right here in the great state of North Carolina.

While there are fantastic towns all across the state, 3 of the 4 highlighted in this article are in the mountains. Maybe not the first place you’d think to visit this time of year. But less crowded than the beach and who couldn’t use a break from the insanely hot temperatures we are currently experiencing?

So what makes a small town classified as “adorable”? According to Southern Living, it’s a few things. Here’s what they had to say:

“To be a truly adorable small town, several boxes must be checked. A walkable and charming main street or downtown are requirements. An old-fashioned ice cream parlor or candy shop is a nice touch. And finally, excellent community and friendly locals are a must.”

So keep reading to see which 4 adorable small towns in North Carolina Southern Living thinks you should visit this summer! I’ve also included one from South Carolina and Georgia close enough for a quick getaway as well.

Read the full article from Southern Living here.

The 4 Most Adorable Small Towns In North Carolina

  • Boone, NC

    Who doesn’t love this college town on the Blue Ridge Parkway? Boone is filled with everything adrenaline lovers could ask for combined with numerous opportunities to relax in a gorgeous setting. Plus it averages some of the coolest temperatures across the state. Yes please! Learn more about what to do in Boone and the surrounding area here.

  • Black Mountain, NC

    While I’ve never personally visited I’ve heard wonderful things about Black Mountain. The town is a short 25 minute drive from Asheville and is home to a lively downtown filled with much of what Southern Living classifies as adorable. This includes art galleries, shops, and quaint restaurants all at an elevation of 2,405 feet. Learn more about visiting Black Mountain here. 

  • Mt. Airy, NC

    You can’t have an “adorable small towns” list without featuring Mayberry or Mt. Airy as it’s officially known. And while there is plenty of “Mayberry” to see and do there is also a lot of Mt. Airy to love and explore. You’ll find the town in the upper part of the Yadkin Valley near the NC/Virginia state line. It’s a wonderful place to enjoy some local wine, listen to live bluegrass music, and simply slow down. Learn more about visiting Mt. Airy here.

  • Brevard, NC

    As you can see in the video above Brevard is known as “the Land of Waterfalls”. The area is home to 250 waterfalls on 100,000 acres of public lands made of the Pisgah National Forest, DuPont State Forest, Gorges State Park, and Headwaters State Forest. In addition to unbeatable natural beauty, there is also a thriving live music scene in the town as well as can’t-miss restaurants and breweries. Learn more about visiting Brevard here.

  • Beaufort, SC

    Beaufort is located on South Carolina’s Port Royal Island. The second oldest town in South Carolina is known for its incredible Antebellum mansions and architecture. Visitors love the live oaks covered in Spanish moss that line the Beaufort Historic District. This coastal town truly embodies the idea of “Southern Charm”. Learn more about visiting Beaufort here.

  • Ellijay, GA

    https://www.instagram.com/p/C7FubmhKiMF/

    Nestled in the mountains of North Georgia is the charming town of Ellijay known as the Apple Capital of Georgia. The town is home to Appalachian Mountain trails, the Cartecay River, and of course lots of apple farms. Dine at boutique local restaurants that are known for farm-to-table cuisine. Learn more about visiting Ellijay here.

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