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Yes, when your lease is up, NC landlords can raise the rent as high as they want

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Yes, when your lease is up, NC landlords can raise the rent as high as they want


Based on actual property info web site Redfin, common rents within the U.S. rose 14.1% in 2021 based mostly on year-over-year comparisons.

CHARLOTTE, N.C. — Gasoline, groceries — it looks as if the price of every little thing continues to rise. Lease isn’t any exception. 

Based on actual property info web site Redfin, common rents within the U.S. rose 14.1% in 2021 based mostly on year-over-year comparisons from December 2020 to December 2021.

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Many individuals in Charlotte are additionally feeling the sting of hire will increase. A number of folks have reached out to WCNC Charlotte asking if it is authorized for rental properties to extend the hire by giant margins. 

It began with an e-mail from viewer Alonzo Roberts. He advised us his hire is rising, and he is questioning if the house complicated can legally increase his hire by 30%. 

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“I’ve been on this property now as of 4 years, 5 years and we have been purchased out as soon as and now thrice,” Roberts stated.

Roberts stated his house complicated is now below new administration. 

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“I pay my hire on time, I’ve by no means been late, and I used to be really one of many first folks to maneuver, and I actually disagree with going up 30%,” Roberts stated. 

THE QUESTION:

When your lease is up, can the owner increase the hire as a lot as they need in North Carolina? 

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OUR SOURCES:

THE ANSWER: 

Sure, when your lease is up, landlords can increase the hire as excessive as they need as a result of North Carolina shouldn’t be a rent-controlled state.

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WHAT WE FOUND: 

Based on the most recent knowledge from Mecklenburg County, the common month-to-month hire in Charlotte is $1,501. Kim Graham, who works with house complexes in Charlotte, stated many locations are elevating costs. 

“Actual web page is reporting that the rise in hire is round 9.5%, that is for the final six months so if you happen to double that, that is about 18.5-19 p.c that we’re seeing,” Graham stated. 

Nonetheless, are landlords allowed to boost costs that a lot? 

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“They personal it; there are not any legal guidelines; there are not any statutory legal guidelines right here; there are just a few states within the U.S. which have hire management,” Graham stated.  

North Carolina shouldn’t be a rent-controlled state. 

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WCNC Charlotte went by way of the six pages of North Carolina’s Landlord-Tenant legal guidelines, and there are not any restrictions on hire will increase. 

“It is typical for 12 months over 12 months hire will increase to occur,” Graham stated. 

Graham advised WCNC Charlotte will increase of this magnitude are uncommon. She stated it is an ideal storm due to inflation, the pandemic, and landlords making an attempt to play catch up from the eviction moratorium, which allowed renters who have been struggling to pause their hire funds. 

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“Condo house owners expertise a $26.6 billion loss and if you happen to divide that by 50 states, North Carolina is $500 million,” Graham stated. 

She went on to say Mecklenburg County would in all probability symbolize a 3rd of that. 

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After all, in the event that they increase it too excessive, they will not have any tenants left. So will we proceed to see these giant will increase? Graham stated issues ought to even out inside the subsequent few years. If you’re struggling to pay your hire, you will discover assets right here. 

Contact Meghan Bragg at mbragg@wcnc.com and comply with her on FbTwitter and Instagram. 

https://www.youtube.com/watch?v=videoseries

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North Carolina

Wilmington once again tops study of top destinations for movers in USA

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Wilmington once again tops study of top destinations for movers in USA


WILMINGTON, N.C. (WECT) – For the second time in three years, Wilmington, North Carolina topped metro areas across the country when it came to where Americans moved in 2024, according to a study by United Van Lines.

The company released its 48th Annual Movers Study this week, with Wilmington topping the list of Metropolitan Statistical Areas with an 83% of moves being inbound and 17% outbound, ahead of Springfield (Missouri), Myrtle Beach (South Carolina) and Flagstaff (Arizona). You can see the list of highest-ranking cities by clicking here to visit the United Van Lines website. Wilmington also topped the same study in 2022.

When it comes to the most popular states seeing more inbound moves, the UVL study found “..West Virginia was the state with the highest percentage of inbound migration (66%), among states experiencing more than 250 moves* with United Van Lines”, according to a news release. North Carolina came in at #5 for most inbound moves. For the seventh year in a row, the study lists New Jersey with having more residents than any other state moving out, at 67% outbound.

According to the news release, the 2024 study “…shows for the first time in decades, the primary driver for moving interstate was a desire to be closer to family (28%)” than other reasons.

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Gov. Josh Stein signs 5 executive orders for faster relief efforts in Western N.C.

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Gov. Josh Stein signs 5 executive orders for faster relief efforts in Western N.C.


ASHEVILLE, N.C. (WECT) – During his second day in office, Former North Carolina Attorney General and now our state’s governor, Josh Stein signed five Hurricane Helene recovery executive orders.

Stein says each order will address issues that need immediate attention.

This comes as more than 12,000 people are without safe housing, and an estimated 8,000 private roads and bridges need to be repaired or replaced in Western North Carolina.

“We want every dollar dedicated to recovery whether federal, state, local or charitable to be spent as efficiently, impactfully and quickly as possible,” said Stein. “Folks have to have a safe place to live.”

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The first executive order will increase the supply of temporary housing.

The second order will enable the state to repair private roads and bridges faster. Stein says that’s necessary for people and especially emergency vehicles to access homes.

The third order creates the Governor’s Recovery Office for Western North Carolina, or GROW NC. Which is now a division within the office of the Governor for the next year.

The fourth order establishes a governor’s advisory committee to advise GROW NC to meet the community’s needs quickly and cost-effectively.

The final order authorizes 16 additional hours of leave for state employees to volunteer for storm-related efforts.

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“The needs facing this region are vast and require immediate attention,” said Stein. “I pledge to do everything in my power as governor to accelerate recovery and the rebuilding of a more resilient region for the long haul.”

Stein says the total losses are estimated to be close to $60 billion dollars. All of the orders are effective immediately.



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Durham mayor issues a veganuary, plant-based diet city-wide challenge to start the new year

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Durham mayor issues a veganuary, plant-based diet city-wide challenge to start the new year


DURHAM, N.C. (WTVD) — Could you give up eating your favorite meat for a whole month? The mayor of North Carolina’s fourth-largest city is challenging people in the Bull City to do so.

Durham’s mayor Leonardo Williams issued the ‘Bull City Veganuary Challenge’ at the end of December. He’s hoping the initiative will encourage people to adopt a plant-based diet for January.

The challenge is getting big support from Durham Public Schools, Downtown Durham Inc., Durham Public Schools Foundation, and other community partners to show a community-wide effort in pushing the benefits of plant-based eating, according to information from the mayor’s office.

Mayor Williams says it started as a one-day thing and turned into a month-long initiative after restaurants and schools wanted to be a part of the challenge.

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“We do it just to renew ourselves. We already have a lot of restaurants with vegan options anyway. So this is something we do. And now, you know, we have these initiatives working together.”

  • Durham Public Schools is having a Student Art Competition focused on plant-based eating. Entries to the competition will be displayed around various small businesses in Durham throughout January.
  • The Northern High School Culinary Program will allow students to compete in the Junior Vegan Chef Challenge and develop high-quality, plant-based entrees consistent with school lunch nutrition guidelines

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The Veganuary Challenge is not only aimed to have a positive impact on your health but on the environment as well.

Click on Bull City Mayor’s Veganuary Challenge for more information.

Check here for a list of vegan restaurants in Durham.

SEE ALSO | Reducing food waste is good for your budget and the planet

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