CHARLOTTE, N.C. — Residential real estate company Redfin is out with a list of predictions for the housing market in 2020 — a report that bodes some not-so-good news for those looking to buy a home in the Charlotte area in the coming months.
The outlook, put together by Redfin Corp. Chief Economist Daryl Fairweather, indicates that Charlotte and another city in the Carolinas — Charleston, South Carolina — will reap the biggest benefits from homebuyers relocating from more-expensive markets.
That will, in turn, drive up home prices in the two Southeastern cities, where Redfin predicts such price gains will lead the nation.
Read the full story here.
Read more top trending stories on wsoctv.com:
- Person shot after argument at northwest Charlotte club, police say
- Stores placed on lockdown after fights break out at Carolina Place Mall
- 9-year-old boy accidentally killed by father while hunting in SC, officials say
- Contracted Santa worker says negative criticism was racially driven
- Popular NoDa restaurants now taking reservations, for a price
Cox Media Group
/cloudfront-us-east-1.images.arcpublishing.com/cmg/LH3JSJEF3VBLRJLJQESEAG34AM.png)
