ISSUE #4 · FRIDAY, OCTOBER 30, 2026 · 3-MINUTE READ
Here’s this week’s Growth Report: a new read on Charlotte home prices, a record bond vote on Tuesday, 200 high-paying jobs, a price improvement and a new listing from my office.
This week in Charlotte
Charlotte home prices: up less than 1% in a year
The S&P Cotality Case-Shiller index, released Tuesday, shows Charlotte-area home prices up just 0.6% from a year earlier in August. That’s well behind the national index (up 2.1%) and the 20-city average (up 2.7%). From July to August, Charlotte prices slipped 0.3% before seasonal adjustment. Chicago (+6.7%) and New York (+6.2%) led the country; Seattle, Las Vegas and Denver were down from a year ago.
| AMIR’S TAKE Charlotte prices are basically flat, which lines up with what Zillow and Redfin showed last week. That’s good news for buyers who were priced out by the big jumps of 2021 and 2022. For sellers, it means the price has to be right on day one. The market rewards homes that are well priced and ready to show. |
Mortgage rates ease to 7.24%
Freddie Mac’s weekly average for a 30-year fixed loan fell to 7.24% on Oct 29, down from 7.32% the week before and the lowest level this month. The 15-year averaged 6.60%. A year ago, the 30-year was 6.17%.
| AMIR’S TAKE That’s the second weekly drop in a row. Rates have stayed between about 7.0% and 7.4% this fall. Rather than trying to time the bottom, buy the right home at the right price, and plan to refinance if rates fall later. |
Nov 3: Charlotte votes on $425 million in city bonds
Charlotte voters will decide three city bond questions on Tuesday, Nov 3, a record total of $425 million. Transportation ($280 million): $50 million for sidewalks, $24 million for street resurfacing, $22 million for pedestrian safety, $12 million for the Eastway Drive and Shamrock Drive intersection, plus bike connections, bridges and traffic signals. Housing ($125 million): homes for people with low or moderate incomes, with specific projects not yet chosen. Neighborhoods ($20 million): sidewalks, drainage, street repairs, lighting and open space. Mayor Robert Harrington says the bonds won’t raise property taxes. Early voting ends Saturday, Oct 31 at 3 p.m. A similar $400 million package passed in 2024 with 67% of the vote.
| AMIR’S TAKE Bonds like these decide where new sidewalks, safer intersections and street repairs show up first. Those projects make a neighborhood more walkable and easier to get around, which buyers notice. Whatever the result, I’ll report which areas get the work once the city names the projects. |
| Keep in mind: This is a summary of public facts, not a recommendation on how to vote. Project lists and timing are city plans and can change. For the official ballot wording, see the Mecklenburg County Board of Elections. |
200 high-paying jobs: The Clearing House picks Charlotte
The Clearing House Payments Company, which runs payment systems that move more than $2 trillion in transactions each business day, will invest $11.5 million and add 200 jobs in Charlotte, Gov. Josh Stein announced Oct 27. The jobs average $162,322 a year, compared with $90,706 for the average job in Mecklenburg County. The new office will include a client engagement center and corporate offices. The state approved a performance-based grant of up to $2.43 million over 12 years, paid only if the company meets its hiring and investment goals.
| AMIR’S TAKE Another financial company choosing Charlotte for its talent. Jobs at this pay level create buyers for move-up homes and new apartments within commuting distance of Uptown and South End. |
What it means for you
Buying? Flat prices mean you can take your time and compare. Get pre-approved so you can act when the right home shows up.
Selling? With prices flat, the right list price and good presentation matter more than ever. Ask me for a pricing review before you list.
Investing? Follow the jobs and the public projects. New high-paying jobs and city spending on streets and sidewalks tend to bring demand with them.
New from Behdani Realty
Coming next Friday, Nov 6 (Growth Report #5): the newest Charlotte home-price and sales numbers, plus the week’s biggest jobs and development news.
Have a question about buying, selling or investing in Charlotte? Contact Amir or call (704) 641-1008.
Sources: S&P Dow Jones Indices, S&P Cotality Case-Shiller Home Price Indices (Oct 27, 2026, August data); Freddie Mac Primary Mortgage Market Survey (Oct 29, 2026); WBTV (Oct 12 and Oct 22, 2026); WFAE (Oct 16 and Oct 28, 2026); NC Department of Commerce (Oct 27, 2026). Listing details from the sellers and public records; buyers should verify square footage, zoning and uses.
Disclosures: Behdani Realty Company LLC is a licensed real estate brokerage in North Carolina and South Carolina. This report is general information only. It is not legal, tax, financial or investment advice, and it is not an offer to buy or sell any property. Facts come from the public sources listed above and can change. Projections and forecasts are estimates, not guarantees. Please talk with a qualified attorney, CPA or lender before making decisions. Equal Housing Opportunity.