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Foreclosures drop significantly in 2013 (access required)

The percentage of mortgaged Charlotte-area homes that were in the foreclosure process dropped by about 44 percent from December 2012 to December 2013. The foreclosure inventory at year's end was 1.5 percent of all homes with a mortgage, down from 2.7 the previous December, according to real estate analytics provider CoreLogic. Another 4.6 percent of mortgaged ...

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