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Percentage of underwater homes declines (access required)

The number of Charlotte-area homeowners owing more on their mortgages than their homes are worth fell in the first quarter on both an annual and quarterly basis, according to real estate analytics and information provider CoreLogic. In the Charlotte-Concord-Gastonia region, 24,807 properties, or 5 percent of mortgaged homes, had negative equity in the latest quarter. That’s ...

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