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Percentage of underwater homes up slightly (access required)

The Charlotte-Concord-Gastonia area has seen a slight increase in the percentage of underwater homes, according to a RealtyTrac analysis. Some 7.7 percent of area homes with a mortgage had a loan-to-value ratio of 125 percent or more in the first quarter, meaning the loan amount was at least 25 percent higher than the market value of ...

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