As of February 2025, Charlotte, North Carolina, remains a strong market for fix-and-flip investors, supported by a growing population, job market stability, and a resilient housing sector. The city’s financial industry, anchored by major employers like Bank of America and Wells Fargo, continues to fuel housing demand (CoreVest). The median home price has risen 4.2% year-over-year to $422,605 as of January 2025, reflecting ongoing appreciation (Rocket Homes). However, home sales saw a 27.3% month-over-month decline in January, though nearly half (47%) of homes still sold within 30 days, highlighting continued demand for well-priced properties (Rocket Homes). Investors should stay informed on inventory levels and market shifts to maximize profitability in this evolving landscape.

  • As of February 2025, U.S. mortgage rates have dropped to their lowest levels in three months. The average 30-year fixed-rate mortgage decreased to 6.73% for the week ending February 28, 2025, marking the largest one-week drop since November 2024. This decline has led to a 37% surge in refinancing applications and a 12% increase in home purchase applications, signaling renewed activity in the housing market (MarketWatch). Analysts attribute this trend to economic uncertainties surrounding proposed import tariffs, which have influenced investor sentiment and lowered borrowing costs (Investopedia). Despite more favorable rates, affordability challenges persist due to high home prices and limited inventory, particularly affecting first-time buyers (Reuters).