Lake Norman, the largest lake in North Carolina, is a human-made freshwater lake spanning 32,000 acres and bordering four counties: Catawba, Iredell, Lincoln, and Mecklenburg. However, despite its growth and some rising prices, it remains an attractive destination for homebuyers year-round.
If the economy enters a recession, the Federal Reserve may respond by lowering interest rates to stimulate activity, potentially putting downward pressure on mortgage rates and easing affordability concerns, says Realtor.com Economist Jiayi Xu.