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 ...Read More »
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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 ...
Tagged with: bill saint building permits Case-Shiller Charlotte-Gastonia-Rock Hill metro area Classica Homes CoreLogic D.R. Horton Hanley Wood Home Builders Association of Charlotte M/I Homes Market Opportunity Research Enterprises Mecklenburg County Code Enfocement metrostudy Publix PUlteGroup's Del Webb division RealtyTrac single-family residential construciton Sun City Carolina Lakes U.S. Census BureauRead More »
Like a rising tide lifting all boats, an increase in Charlotte area home prices has resulted in fewer homeowners with negative equity, according to a new report released by RealtyTrac. The average sale price for a home in Charlotte in ...Read More »
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 ...Read More »
Have you ever wondered whether the super-rich have trouble paying their mortgage? Well, as it just so happens, RealtyTrac decided to look at its databanks to uncover the answer on high-end foreclosures. Surprisingly, the California-based real estate analytics company found ...Read More »
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 ...
Tagged with: American REsidential Properties j.c. underwood John Bradford Metrolina Real Estate Investor Association Park Avenue Properties paying cash for homes Phil Henderson RealtyTrac T.R. Lawing Tommy LawingRead More »
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 ...Read More »
CHARLOTTE – The Charlotte metro area saw a 39.21 percent drop in foreclosure filings in October from the year before, based on information provided by RealtyTrac’s Foreclosure Market Report. For the month, 938 area properties were in some stage of ...Read More »
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 ...
Tagged with: American Homes 4 Rent Properties Andrew Gallina Balckstone Group Charlotte NC Foreclosed Homes Charlotte Regional Realtor Association Daren Blomquist Eric Locher IH2 Property North Carolina LP invitation homes real estate investment trust RealtyTrac SFRH Charlotte Rental LP THR North Carolina II LP TrevorTaefi Tricon Capital ManagementRead More »
Q: In many markets, the inventory of listed homes is very low and dropping. Yet the number of home sales is rising. What’s the answer to that puzzle? A: A rising number of off-market (nonlisted) home sales are occurring. ...Read More »