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McLean Mortgage’s Hottest Trend for Homebuyers in 2022

The highs and lows of the 2021 housing market were something buyers and sellers will never forget- with prices skyrocketing to take advantage of the incredibly low inventory, it was difficult to leave 2021 unscathed.

A recent realtor.com study has crunched the numbers for which cities will be the next big trend among homebuyers. With fed-up remote workers paying big city prices, the housing markets may boom in more rural parts of the US. McLean Mortgage crunched our own numbers- and the votes are in! Our MMC hottest real estate trend is… North Carolina!

From rolling hills and mountains, to living on the water, being close enough to cities with endless entertainment, the excellent school systems- what more can you ask for from a state? While the median price for homes in North Carolina may vary, here are our top picks for relocation this year.

Greensboro, NC– Median home price: $234.8K

With plenty of bars and restaurants downtown, to college sports, plenty of golf courses and gardens to visit, this city offers a lot to young professionals or growing families! This affordable, diverse, and walkable city could be the perfect place to start your year off in.

Charlotte, NC Median home price: $374.5K

While more expensive than Greensboro, this city offers plenty of attractions to every type of homebuyer. You can visit the NASCAR Hall of Fame, enjoy a day at an amusement park or an aquarium, catch a minor league baseball game- this city offers plenty of fun and exciting things to do on the weekends! Whether you want to hang out downtown of many of their unique bars and restaurants with friends or take your kids on a weekend trip to Discovery Place Science, Charlotte offers a wide range of options for every type of family’s needs.

Cornelius, NC Median home price: $437.5K

Located about 20 miles north of Charlotte, Cornelius, NC offers more of a quiet life along Lake Norman for those who prefer. There is a wide range of shops downtown, restaurants, and locations to enjoy outdoor recreation. While more expensive than Charlotte, you’re paying for gorgeous lake views and taking advantage of the outdoors.

Whether you’re thinking about buying or selling your home or looking for a second location to relax and have fun in, McLean Mortgage has got you covered! Need an idea of where to start? Contact a mortgage advisor near you!

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Step 1: Plan Your Home Buying Budget

You do need a few items readily available before you start contacting lenders about a mortgage. Having these things up front will make the process easier and less stressful.

Step 2: Get Mortgage Preapproval

Both the approval process, and the rates available are very subjective. What might have been a factor in your friend’s mortgage approval or the rates they received might not affect your approval or rates, and vice versa.

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Step 4: Closing on your new home

Your comprehensive guide to what to expect when buying a home: who you’ll work with, what timeline to expect, and what you’ll need to do to ensure the process runs smoothly.

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