Charlotte’s fix-and-flip market in August showed signs of balance, with median home prices ranging from $375K to $435K—up modestly year-over-year. Active listings climbed to nearly 4,800, the highest level in almost a decade, and homes are now taking about 24 days to sell compared to just 16 a year ago. While demand for well-renovated properties remains steady, rising inventory and higher interest rates are creating longer hold times and pressuring margins. For investors, the opportunity is still strong, but disciplined underwriting and flexible exit strategies are key to navigating today’s more measured market.
In August, the U.S. mortgage market showed signs of easing, with the average 30-year fixed rate dipping to 6.56%—the lowest level since late 2024—and holding steady through the month. The Federal Reserve kept its benchmark rate unchanged, while Fannie Mae now projects an average mortgage rate of 6.5% for 2025, gradually declining to around 6.1% in 2026. Some forecasts even anticipate rates falling to 6.3% by early 2026, potentially opening the door for refinancing opportunities. While borrowing costs remain elevated, these softening trends provide cautious optimism for both buyers and investors.
