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Investors still buying up single-family homes (access required)

The Charlotte metro area continues to be a hotbed of institutional investor homebuying, according to a report released Thursday by RealtyTrac. Among the 50 metro areas with populations of 1 million or more, Charlotte in September ranked 5th in the rate homes bought by institutional investors, at 17 percent. The only regions with a higher rate were Atlanta, Las Vegas, St. Louis and Jacksonville, Fla., which ranged from 23 percent to 29 percent. Close behind Charlotte were Memphis, Tenn., Richmond, Va., Dallas and San Antonio, Texas.

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Charlotte foreclosure rate drops nearly 43% in September from previous year (access required)

Charlotte’s foreclosure rate in September decreased by 42.70 percent from the same time last year, according to new data from real estate tracking company RealtyTrac. Nationally, foreclosure activity was down 27 percent year-over-year in September, but increased 2 percent from the previous month.

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More than half of Charlotte region’s foreclosed homes are owner occupied (access required)

Fifty-four percent of bank-owned homes in the Charlotte-Gastonia-Concord area are owner-occupied, according to a new study by the real estate information and online marketplace company RealtyTrac. In real numbers, that is more than half the 2,328 bank-owned homes.

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Housing reports depict a mixed bag for Charlotte real estate (access required)

Sales of Charlotte metro residential properties were up 4 percent from July to August and 18 percent year- over- year, according to a report by the real estate information company RealtyTrac, but the median price for non-distressed properties decreased 1 percent in the same July to August period to $168,000 from $170,000.

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Foreclosure activity down from last year, but Mecklenburg and York counties see month-over-month spike (access required)

Foreclosure activity down from last year, but Mecklenburg and York counties see month-over-month spike <span class="dmcss_key_icon"><img alt="(access required)" src="/files/2013/10/lock1.png" border=0/></span>

Although foreclosure activity in the Charlotte area has declined over the past year, it jumped up between July and August this year in Mecklenburg and York counties, according to a report issued by RealtyTrac.

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Just how bad is the foreclosure problem? That’s a good question, Charlotte experts say (access required)

Jim Kluth remembers in the 1980s when real estate agents, hoping to get first dibs on foreclosed properties, would hang around the Mecklenburg County Courthouse and regularly dig through public records looking for new foreclosure filings. Today, such information is ...

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