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Foreclosures down nearly 30 percent in 2013 (access required)

The number of homes that went into foreclosure in the Charlotte-Gastonia-Concord area decreased 29.04 percent in 2013 from 2012, according to new data from RealtyTrac. In 2013, the metro region saw 10,147 total foreclosure filings compared to 14,300 for all ...

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A steep ascent: Residential permits climbing back from recessionary low (access required)

A steep ascent: Residential permits climbing back from recessionary low <span class="dmcss_key_icon"><img alt="(access required)" src="/files/2013/10/lock1.png" border=0/></span>

Like nails out of its own coffin, the Charlotte region’s residential construction industry pulled nearly 9,500 building permits in 2013, rising from the ashes like a phoenix with a tool belt and hammering out its best year since the housing ...

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(Former) House of the Holyfield (access required)

The quaint suburban Atlanta home of former heavyweight champion boxer Evander Holyfield was up for auction last month, but the seven bidders weren’t able to land a knockout punch, as none of them met the undisclosed reserve price, according to ...

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Cash and carry: Institutional investors aren’t the only ones paying cash for homes (access required)

Cash and carry: Institutional investors aren’t the only ones paying cash for homes <span class="dmcss_key_icon"><img alt="(access required)" src="/files/2013/10/lock1.png" border=0/></span>

CHARLOTTE – While some would-be homebuyers struggle to obtain mortgages and find properties in their price range, others – more than half of all buyers in October – paid in cash. A recent report from RealtyTrac, the online real estate ...

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Cash home sales top 50 percent (access required)

Cash home sales top 50 percent <span class="dmcss_key_icon"><img alt="(access required)" src="/files/2013/10/lock1.png" border=0/></span>

CHARLOTTE – More homebuyers paid with cash in October – and not just institutional investors, who bought a smaller share of the homes sold, while cash purchases overall topped 50 percent for the first time in 19 months. “We have ...

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Buying up the block (access required)

Buying up the block <span class="dmcss_key_icon"><img alt="(access required)" src="/files/2013/10/lock1.png" border=0/></span>

We’ve known for a while that institutional investors – led by the behemoth Blackstone Group – are making big investments in the Charlotte housing market. Now we know the extent of their investment, and the extent to which they are ...

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