The share of North Carolina homes with mortgages that faced foreclosure in September remained at 0.8 percent, the same as in August but down from 1 percent in September 2014. The Tar Heel State’s foreclosure inventory in September was lower ...Read More »
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Charlotte was still the nation’s second-hottest market for institutional investors buying homes as rental properties in the first quarter of this year, according to RealtyTrac, a California-based real estate information and analytics provider. The company also reported that the median ...Read More »
The number of the Charlotte area’s mortgaged homes with negative equity fell to 6.8 percent in the third quarter of 2014 from 8.4 percent in third quarter 2013, according to CoreLogic. The third-quarter 2014 figure rose slightly, however, from the ...Read More »
While single-family construction has stagnated nationally, some markets, including Charlotte, are exhibiting strong sales growth for new builds. Along with the Queen City, these metros include Raleigh and Charleston in the Carolinas and Houston, Dallas and Austin in Texas. According ...
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Cash sales made up 34.8 percent of total home sales nationally in September, down from 37.2 percent in September 2013. The year-over-year share has fallen each month since January 2013, making September the 21st consecutive month of declines, according to ...Read More »