Typically, when the Federal Reserve raises rates, the housing market reacts in a predictable fashion. Mortgage rates climb, followed by declining home prices. This is not what has been happening lately. There have been 10 rate hikes by the Federal Reserve in recent years, intended to help curb inflation, but home prices continue to climb. […]
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Aquatic Center Coming in Gaston County
What do you do on a rainy day, or when it’s too cold to swim in Lake Wylie? You are about to have a new option. Gaston County is building an aquatic center coming to the town of Dallas on highway 321. This has been in the works since 2016, and is finally underway. The […]
June Market Report – Greater Lake Wylie Area
Inventory is once again going down in the Charlotte Region. There are over 1,000 fewer homes for sale this June than last June, a decrease of 17.2%. New listings, pending sales, and closed sales are all down from last June as well. This is hardly surprising as last June was the beginning of the end […]
Queens Feast Coming To Lake Wylie
Charlotte Restaurant Week is a twice yearly tradition that we all look forward to because it is a delicious chance to try a new, new to you, or an old favorite restaurant. This year, there are many choices close to Lake Wylie so you don’t have to travel far to check out some great food […]
$1 Million Homes More Common
With the recent trends in the real estate market, home prices have been on the rise with apparently no end in sight. One result of that is that homes listed for $1 million or more are becoming much more common in the Charlotte region. We are even seeing this trend around Lake Wylie. It used […]
