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Local foreclosure rates decrease (access required)

The share of Charlotte-area homes with mortgages that faced foreclosure in October fell to 0.77 percent from 0.95 percent a year earlier. The most recent rate also declined slightly from 0.79 percent in September, according to data from CoreLogic. Foreclosure activity in the Charlotte-Concord-Gastonia region was lower than the national average of 1.2 percent in October. ...

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