Acquires HomeUnion for End to End Real Estate Investing Solution |

Charlotte Market Research

Strong Job Market and Affordable Cost Of Living Attracting Renters to Charlotte

Charlotte’s employment market is driving demand for rental housing and spurring developers to ramp up activity. Healthy payroll expansion is attracting both young workers and retirees to the metro, a trend that bodes well for rental housing demand. During the five-year period from 2011 to 2016, the 20- to 34-year old cohort grew by nearly 10 percent, while those aged 55-plus expanded by more than 20 percent. The younger cohort is taking advantage of several expansions by innovation companies offering elevated salaries in a relatively affordable market. Although single-family rental homes will face competition from new Class A apartments for tenants, multifamily development is largely concentrated this year. The Uptown/South End and Rock Hill/Fort Mill areas are expected to receive the bulk of this year’s apartments, which will temper demand in those areas. Overall, the single-family rental market is on solid footing and headwinds[…]

DOWNLOAD REPORT TO READ MORE

 

HomeUnion® Investment MapHomeUnion® is the leader in residential real estate investment. With the use of big data and machine learning, we analyze information on millions of single family homes in Charlotte, NC; and across the United States and calculate home values RENTestimate for every property in Charlotte, NC. If you’re looking for the best investment properties across the country, visit our comprehensive investment site.

Space

Interested in Charlotte, North Carolina Real Estate Investments?

Learn more about investing in Charlotte, North Carolina

Learn More