As of Sept. 1, 10.7 million residential homeowners in the U.S. are deeply underwater on their mortgages and another 8.3 million homeowners are just about staying afloat. According to a report released on Wednesday by RealtyTrac, an Irvine, Calif.-based real estate analytics firm, the 10.7 million homeowners who are deeply underwater to begin this month – meaning they owe 25 percent or more on their mortgage than what their home is worth – is down from the 11.3 million deeply underwater homeowners reported in May.Read More »
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Residential foreclosure activity plunged by nearly 30 percent in the Charlotte market between June and July. And, to boot, last month saw almost 50 percent fewer distressed housing filings as July 2012.Read More »
Foreclosures continued to be a dominant theme in the Charlotte real estate market in 2011. Although Irvine, Calif.-based real estate data tracking firm RealtyTrac has recorded fewer foreclosures in November than October, the final data on the number of homes foreclosed in Mecklenburg County in 2011 hasn’t been compiled yet.Read More »
At the end of last year, RealtyTrac, the Irvine, Calif.-based company that the media frequently rely on for foreclosure data, released its report on 2010. For those who don’t like it when foreclosures are up, it was bad news; one in every 50 homes in the Charlotte metropolitan area had foreclosure filings started against them in 2010, an increase of more than 37 percent over 2009.Read More »
The number of foreclosed homes for sale in the Charlotte area keeps falling, the Charlotte Regional Realtor Association says. This week, the CRRA reported that distressed properties accounted for 21.4 percent of closings in September. That’s down from distressed sales ...Read More »
Foreclosure activity declined 36.9 percent in the Charlotte area in August from the same month a year ago, Irvine, Calif.-based RealtyTrac said today. Foreclosure filings — default notices, scheduled auctions and bank repossessions — were reported on 1,014 Charlotte-area properties, down ...
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