Mortgage rates in Charlotte fell to the lowest level in a year last month, reaching 6.5%, according to the Canopy Realtor Association. That drop fueled more contracts, with activity going up 12% in August as 4,000 homes went under contract. In Mecklenburg County, the median sales price rose about 6% to $466,000 compared to the same month last year. The average sales price, weighted more towards pricier homes, jumped to $604,000. Canopy also reports that 96% of sellers in Mecklenburg received most of their asking price.
Kenny is a Maryland native who began his career in media as a sportswriter at Tuskegee University, covering SIAC sports working for the athletic department and as a sports correspondent for the Tuskegee Campus Digest. Following his time at Tuskegee, he was accepted to the NASCAR Diversity Internship Program as a Marketing Intern for The NASCAR Foundation in Daytona Beach, Florida in 2017.