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Home / News / Number of foreclosed Charlotte area homes reverting to lenders rises in May (access required)

Number of foreclosed Charlotte area homes reverting to lenders rises in May (access required)

Foreclosure activity in the Charlotte-Gastonia-Concord metro area was up 8.28 percent in May from the previous month, a new analysis by RealtyTrac shows. The increase was largely driven by an uptick in the number of properties that were moved into mortgage lenders' ownership following unsuccessful auctions. Year-over-year, however, foreclosures were down sharply, by 34.92 percent, in ...

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