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Lora Lee Properties Lora Lee Properties: Offering creative solutions for buying and selling homes in the greater Charlotte area and beyond.

Millionaire renters:
10/29/2026

Millionaire renters:

Research finds millionaire renter households surged from 2020 to 2024, with Houston, Naples, and Miami among the fastest-growing markets as wealthy households prioritize flexibility and investment opportunities over homeownership. The number of millionaire renter households in the U.S. grew 229% bet...

Pending home sales update:
10/28/2026

Pending home sales update:

U.S. pending home sales haven’t been this low since 2014, except for the pandemic freeze in 2020. Redfin reports on how rising mortgage rates, softening prices, and growing inventory are reshaping the U.S. housing market. U.S. pending home sales haven’t been this low since 2014, except the pande...

Mortgage rate concerns:
10/27/2026

Mortgage rate concerns:

The producer price index rose significantly year over year, experiencing the largest annual increase since 2022. Energy costs drove the index higher, and there are signs of a price spill-over into other categories. The producer price index rose 6.3% year over year, the largest annual increase since....

Decline in home flipping profits:
10/26/2026

Decline in home flipping profits:

Residential According to ATTOM's latest home flipping report, there were 77,991 single-family homes and condominiums flipped in the second quarter of 2026, accounting for 6.2% of all home sales. In addition, ATTOM says the typical profit margin for a home flipped in Q2 2026 was 21.5%, down from 25.7...

Unemployment update:
10/25/2026

Unemployment update:

Economics According to the U.S. Department of Labor’s Bureau of Labor Statistics, total nonfarm payroll employment increased by 29k jobs in September, 2026. September’s unemployment rate came in at 4.2%, with 7.1 million people unemployed. The BLS noted that the unemployment rate has remained in...

Senior housing needed:
10/24/2026

Senior housing needed:

Market Trends A recent article on Realtor.com says America needs hundreds of thousands of new housing units to cater to its oldest citizens in the coming years, which they say will bring many challenges for the industry. In addition, they point out that America's over-80 population will increase by....

Pending home sales:
10/23/2026

Pending home sales:

U.S. pending home sales haven’t been this low since 2014, except for the pandemic freeze in 2020. Redfin reports on how rising mortgage rates, softening prices, and growing inventory are reshaping the U.S. housing market. U.S. pending home sales haven’t been this low since 2014, except the pande...

Cost of living:
10/22/2026

Cost of living:

Infographics We've had many posts about the cost of living. Today's graphic from the venerable Virtual Capitalist reminds us that living costs vary significantly across the United States, with some states well above or below the national average. To that end, they have visualized the overall cost of...

The cost of the American dream:
10/21/2026

The cost of the American dream:

Investopedia’s latest analysis finds that lifetime costs for homeownership, retirement, raising children and other traditional milestones are rising faster than wages, with homeownership alone accounting for nearly $1.28 million.

Home price index:
10/20/2026

Home price index:

Residential According to the latest Federal Housing Finance Agency’s (FHFA) House Price Index (HPI), house prices rose 2.6% between July 2025 and July 2026. House prices for July 2026 rose 0.3% compared to June. In addition, Their seasonally adjusted monthly index for June remained unchanged from ...

Address

8611 Concord Mills Boulevard #165
Concord, NC
28027

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