Blog
How the Iran Conflict Is Impacting Real Estate in the Charlotte Market
When global conflict makes headlines, it’s easy to assume it won’t affect what’s happening here at home. But in real estate, especially in a fast-growing market like Charlotte, international events like the Iran conflict can influence everything from mortgage rates to construction costs. At Briggs American, we pay attention to these shifts because they directly... Read More
What a Potential Shakeup at the Federal Reserve Could Mean for Mortgage Rates
The Federal Reserve made headlines this week after choosing to hold interest rates steady, but the bigger story developing behind the scenes may have an even greater long-term impact on mortgage rates: the future leadership of the Fed itself. With Jerome Powell’s term as Federal Reserve Chair ending in May 2026 and the White House... Read More
50-Year Mortgages vs. 30-Year Mortgages
What Charlotte Homebuyers Should Know As home prices continue to rise and demand stays strong in the Charlotte metro area, conversations about affordability are becoming more urgent. One idea that recently surfaced is the 50-year mortgage. While not a new concept, it’s gaining attention as buyers look for creative ways to reduce monthly payments. But... Read More
Charlotte Real Estate Market 2025: A Health Check for Buyers & Sellers
If you’re thinking of buying or selling in the Charlotte area in the next year, understanding the current market dynamics is paramount. The Queen City’s housing scene is shifting—moving away from the roller coaster conditions of the past few years toward something more balanced. Below is a breakdown of what the data (so far) is... Read More
Buyers Market Vs. Sellers Market
The Supply and Demand of the housing market and how it affects home values In todays economy we face rising prices on nearly every service and consumer good. From the small purchases of haircuts to groceries all the way to large purchases like cars it’s easy to feel like we’re getting nickel and dime’d as... Read More
Real Estate Industry Changes and FED Meeting follow Up
What’s going on with the real estate industry NAR settlement and interest rates? This last week has been one wild ride for the real estate industry and I’m here to break down the announcements and shed some light on recent events. First, on Friday of last week it was announced that the National Association of... Read More
Increasing mortgage rates are having little effect on the 2024 housing market
What does this mean will come from the FOMC in their March Meeting? The trend of all housing market discussions for the last 2 years has been all about mortgage rates. What to expect? When will they drop? Will they ever go back to 2%? Are they going higher? You name it, we’ve read about... Read More
Institutional Investors are Changing the Landscape of Homeownership in America
And they are Only Growing The term “institutional investor” wasn’t used frequently in the real estate industry prior to the COVID housing boom of 2020. Now, it’s a term I use almost daily when connecting with my buyer and seller clients about housing. For those of you that don’t know, an institutional investor in the... Read More
When does the Spring Real Estate Market Start in the Carolinas?
A question I get asked often is when is the best time to buy or sell a home? The answer varies for everyone depending on what you’re looking for in your next home, but traditionally speaking the Spring is usually one of the hottest seasons for the real estate industry. There are a lot of... Read More
Expectations and how to Prepare for the 2024 Real Estate Market
The real estate industry across the United States has experienced what can only be described as a wild roller coaster ride over the last 3 years. Here locally in the Charlotte region and across the Carolina’s we’ve weathered the storm a lot better than most of the country, but what’s next? The year ahead of... Read More