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Home / News / Construction and Real Estate / Foreclosures, short sales creeping into local home appraisals (access required)

Foreclosures, short sales creeping into local home appraisals (access required)

Distressed properties a further drag on selling prices

For anyone looking for a home in the Charlotte area, it's a buyer's market, thanks to a glut of homes for sale. But as potential buyers are ordering appraisals for homes they are interested in, some appraisers are finding it hard to overlook a flood of foreclosures and short sales, ordinarily considered anomalies in a normal ...

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