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Economy

Height of the foreclosure fallout (access required)

Foreclosures continued to be a dominant theme in the Charlotte real estate market in 2011. Although Irvine, Calif.-based real estate data tracking firm RealtyTrac has recorded fewer foreclosures in November than October, the final data on the number of homes foreclosed in Mecklenburg County in 2011 hasn’t been compiled yet.

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More and less (access required)

Lynn Burnett didn’t have the greatest year in 2011. As an agent for Charlotte-based real estate firm Allen Tate, Burnett said 2011 handed her one of the toughest markets she’s ever seen in her eight years working for the company. Still, it was a better year than 2010, she said, if only because more people were buying.

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