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Fewer underwater mortgages in Charlotte during Q3 (access required)

Rising home prices are right-siding upside-down mortgages in the Charlotte area, according to a report by residential property information provider CoreLogic. For the third quarter of 2013, 8.4 percent of residential properties with a mortgage in the Charlotte-Gastonia-Concord metropolitan statistical area, or 39,229 homes, had negative equity, with owners owing more on their mortgage than the ...

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