One percent of homes with mortgages in the Charlotte-Concord-Gastonia metro region were facing foreclosure in August. That’s a small decrease from July, when 1.01 percent faced foreclosure, but a 0.8 percentage point decrease from August 2013. North Carolina’s foreclosure rate ...Read More »
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July sales of existing homes across the country rose to their highest annual pace of the year – with the South leading the way – while the ongoing decline in distressed sales reached an important milestone. But a National Association ...Read More »
COEUR D’ALENE, Idaho — An Arizona developer and the owner of a California car dealership are fighting over high-end appliances and hundreds of other items removed from an 11,000-square-foot luxury home in northern Idaho just before a foreclosure sale. The ...Read More »
Foreclosure activity in the Charlotte area market is down significantly across the board. A new RealtyTrac report shows filings for combined default notices, scheduled auctions and bank repossessions were down 10.83 percent in April from the previous month and down ...
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Charlotte’s foreclosure inventory continued its decline in March, accounting for 1.2 percent of all Charlotte-Concord-Gastonia homes, according to CoreLogic. In February, CoreLogic reported that Charlotte homes in the foreclosure process measured 1.28 percent of all homes with an outstanding loan. ...Read More »
Though the wave of foreclosures brought on by the recent recession is ebbing, a recent uptick in Mecklenburg County’s unemployment rate to 6.9 percent in January may put some challenged homeowners on the edge of falling behind on their mortgage ...Read More »