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Charlotte Real Estate, Development, and Construction News: Mecklenburg Times > Columnists > Jim Woodard > For the housing market, signs of recovery
For the housing market, signs of recovery
The housing market is getting healthier. The number of foreclosed and real estate-owned properties on the market is diminishing, thus pushing home prices up to more realistic levels. The foreclosure inventory has been falling as requirements from the national mortgage settlement "influence the pace of first-time foreclosure starts," Lender Processing Services stated in a recent report.
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