8% Mortgage Rates Rock the Charlotte Real Estate Market | Will Charlotte Crack?

Mortgage rates soar to 8% and the Charlotte real estate market will likely feel the impacts. Until now, mortgage rates hadn't phased Charlotte too bad, but will the cracks start to show up and where do we go from here? That's what we're talking about in today's video!
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Brian Taylor is the CEO/Owner of Dreamline Realty in Charlotte, NC. He leads a high-powered and high-energy team of agents that are passionate about helping people move to Charlotte and the surrounding areas. Founded in 2016, Dreamline Realty has become one of the fastest growing real estate companies in the area. Family owned with a passion for excellence!
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[@vuyanimrwebi6021]

Hey Brian, thank you for the extremely informative video. Keep them coming !!!

[@DreamlineRealty]

Will do and thanks for watching!

[@scome98]

Planning to buy before the end of the year. Near a University, have my kid move in, find roomates and get some rent to cover costs. Once you factor depreciation, maintenance costs and rent income offsets, + appreciation over the next 5 years, rates aren't an issue.

[@DreamlineRealty]

Hey there! In that situation, I would agree. Thanks for the comment!

[@bigstickful]

And yet these nimrods are still buying homes at overinflated prices and high interest rate. It just does not make since. Builders are building like crazy where I live. Go figure.

[@DreamlineRealty]

Yeah, the new construction scene is very active for sure!