Charlotte’s fix-and-flip and new construction market in January continued its transition toward a more balanced environment rather than the aggressive seller’s market seen in prior years. Median home prices remained relatively stable in the low-to-mid $400K range, while days on market edged longer compared to peak conditions, giving buyers more room to evaluate properties and negotiate. Inventory levels showed modest expansion, reducing urgency and increasing competition among sellers and investors. Demand for well-executed renovations remains solid, but elevated interest rates and longer hold times are still compressing margins. As a result, investors who underwrite conservatively, control renovation costs, price strategically, and remain flexible on exits are the ones consistently achieving strong outcomes. January data reinforces that disciplined, patient operators can still execute profitable fix-and-flip deals in this evolving market.
In January, the U.S. mortgage market continued to exhibit signs of stabilization rather than sharp movement. The average 30-year fixed mortgage rate hovered in the mid-6% range, maintaining the relative consistency seen toward the end of last year. While borrowing costs remain elevated compared to long-term historical norms, the reduced rate volatility has helped restore confidence among buyers, investors, and lenders. This steadier environment allows market participants to underwrite deals with greater certainty and plan transactions with fewer rate-driven disruptions. Looking ahead, many industry forecasts continue to anticipate a gradual downward trend over the coming years, potentially creating refinancing opportunities and supporting increased transaction activity. Overall, January reinforced a tone of cautious optimism, with the mortgage market showing improved predictability and balance.
