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Home / News / Construction and Real Estate / Distressed sales in Charlotte area on decline (access required)

Distressed sales in Charlotte area on decline (access required)

The Charlotte area has seen a large drop in distressed-property sales, according to real estate analytics firm CoreLogic. The share of all homes that were bought in short sales or reverted to lender ownership following foreclosure dropped to 7.8 percent of all home purchases in July. That’s down from 10.9 percent a year earlier. According to ...

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