For years, Charlotte buyers competed in a housing market defined by limited choices and fast-moving homes. Now, the numbers are shifting. Active listings are up 15.5% from last year—more than four times the national increase of 3.6%. Meanwhile, Charlotte’s median list price has fallen 2.5% year over year to $429,000, and homes are spending more time on the market. The result? Buyers have more options, more time to compare, and more room to negotiate. But there’s more to this
For more than 20 years, mortgage lenders have relied on the same traditional credit scoring system to help determine who qualifies for a home loan. Now, that system is beginning to evolve. Newer mortgage lending models are designed to give lenders a more complete picture of today’s borrowers—and over time, that could create new opportunities for buyers who may not fit neatly into the traditional credit mold. For real estate professionals, homeowners, and future buyers, this i
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