The Charlotte metro area underwent a frenzy of foreclosure activity last month, posting large increases in scheduled auctions and bank repossessions. However, that doesn’t mean a wave of distressed properties hitting market will hamper home-price appreciation in the Charlotte-Concord-Gastonia region ...Read More »
The Charlotte-Concord-Gastonia area fares better than the national average when looking at underwater residences, according to a RealtyTrac analysis. Eight percent of homes in the area with a mortgage had a loan-to-value ratio of 125 percent or more in the ...Read More »
The number of homes in the Charlotte area that faced some step of the foreclosure process in 2014 was the lowest since 2006, according year-end data released by real estate information provider RealtyTrac. The Charlotte region’s foreclosure rate in 2014, ...Read More »
The Charlotte area saw a 6 percent increase in median home prices for the year ending in November, according to RealtyTrac. In the Charlotte-Concord-Gastonia statistical area, the median home price, including distressed sales, was $157,000 last month, up from $148,000 ...
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Charlotte ranks fifth among regions with the most homes sold to institutional investors between January 2012 and August, but so far the equity gained in those homes trails behind six of the regions in the top 10, according to real ...Read More »
Scheduled foreclosure auctions in November jumped 157 percent year over year in North Carolina, and 220 percent in Mecklenburg County, according to housing data provider RealtyTrac. The state’s increase was the eighth-largest in the country, behind Nebraska, West Virginia, Mississippi, ...Read More »