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Number of underwater homes declines (access required)

Of all residential properties in Charlotte, Concord and Gastonia with a mortgage, 6.7 percent, or 31,746, are in negative equity, according to CoreLogic’s second quarter report that was released on Sept. 25. This is down 1.3 percent, or 5,826 homes, from the number of mortgages that were in negative equity in the first quarter of 2014. The ...

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