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Zombie foreclosures hiding in the housing market (access required)

Zombie foreclosures continue to lurk in the Charlotte housing market, though the properties in this limbo are down significantly from last year. A RealtyTrac analysis found that for the second quarter of this year, 778 homes, or 23 percent of foreclosed properties in the Charlotte-Gastonia-Concord metropolitan statistical area, sat vacant. Zombie foreclosures are defined as properties where ...

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