Local

Redfin says Charlotte is one of two cities to top nation in home-price growth in 2020

CHARLOTTE, N.C. — Residential real estate company Redfin is out with a list of predictions for the housing market in 2020 — a report that bodes some not-so-good news for those looking to buy a home in the Charlotte area in the coming months.

The outlook, put together by Redfin Corp. Chief Economist Daryl Fairweather, indicates that Charlotte and another city in the Carolinas — Charleston, South Carolina — will reap the biggest benefits from homebuyers relocating from more-expensive markets.

That will, in turn, drive up home prices in the two Southeastern cities, where Redfin predicts such price gains will lead the nation.

Read the full story here.