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Home / Inside Tract / REOs up locally, nationally in third quarter (access required)

REOs up locally, nationally in third quarter (access required)

The Charlotte region and North Carolina followed the national trend in seeing a spike in the number of homes reverting to bank ownership in the third quarter. According to RealtyTrac, the number of repossessions in the Charlotte-Concord-Gastonia region nearly doubled in the latest quarter to 1,111 from 580 in the same period a year earlier. Nationally, the ...

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