Charlotte’s fix and flip market in November stayed steady but continued to show signs of cooling. Median home prices remained in the mid to upper 300s and low 400s, and average days on market stretched slightly as buyers became more selective heading into the holidays. Inventory continued to rise, which eased buyer urgency and created a more competitive environment for sellers and investors. Demand for well renovated homes is still solid, but higher interest rates and longer hold times mean investors need to be even tighter on numbers and more patient with timelines. Margins are still there, but they favor disciplined operators who underwrite conservatively, manage costs well, and stay flexible with their exit strategies. Overall, November reminded us that even in a shifting market, the best opportunities still belong to those who adapt, stay patient, and execute with precision.
In November, the U.S. mortgage market showed continued signs of easing. The average 30 year fixed rate held steady in the low to mid 6 percent range, marking a gradual retreat from the higher volatility seen earlier this year. While rates are still elevated compared to historic lows, this consistency has helped restore confidence for both buyers and investors. Industry forecasts still project rates trending toward the low 6 percent range by 2026, which could create opportunities for refinancing and an uptick in overall market activity. November brought a sense of cautious optimism, with the lending environment slowly moving toward greater stability and predictability.
