About 2 million homeowners who got a reprieve on their high mortgage rates five years ago through a loan modification process are about to be in for a shock as the loans hit the reset button. It’s not clear whether ...Read More »
Bidding wars: Competition fierce as foreclosed Mecklenburg County homes auctioned in the hall of justice
An open secret is the best way to describe the foreclosure auction process for homes in Mecklenburg County. Held twice a week on the ground level of the Mecklenburg County Courthouse, foreclosure auctions generate interest with professional investors, curiosity seekers ...
Tagged with: American Homes 4 RentRead More »
Prices in the Charlotte market continued to rise in May even as sales activity declined from the past year. The Charlotte Regional Realtor Association report shows that May sales fell 6.5 percent from last year’s levels, but were up 6.8 ...Read More »
With the Charlotte housing market on course for a second year of healthy rebound, real estate professionals across the region are reassessing lessons learned from the housing debacle that nearly derailed the economy, and taking stock of what has changed ...Read More »
Two Charlotte real estate professionals recently voluntarily surrendered their licenses to the North Carolina Real Estate Commission. In cases of voluntary surrender, the commission does not hold a formal hearing or require a respondent to answer charges brought to its ...
Tagged with: North Carolina Real Estate CommissionRead More »