The Charlotte metro area underwent a frenzy of foreclosure activity last month, posting large increases in scheduled auctions and bank repossessions. However, that doesn’t mean a wave of distressed properties hitting market will hamper home-price appreciation in the Charlotte-Concord-Gastonia region ...

Tagged with: Daren Blomquist RealtyTrac

The number of homes in the Charlotte area that faced some step of the foreclosure process in 2014 was the lowest since 2006, according year-end data released by real estate information provider RealtyTrac. The Charlotte region’s foreclosure rate in 2014, ...

Tagged with: Daren Blomquist Foreclosure RealtyTrac

Those flipping a home in the Charlotte region in the third quarter saw dramatic increases in their gross profits and return on investments when compared with the second quarter. The average gross profit for the Charlotte-Concord-Gastonia metropolitan statistical area was ...

Tagged with: Daren Blomquist house flipping RealtyTrac third quarter 2014

Home sales to institutional investors, which have been falling since mid-2013, rose both quarterly and annually in the Charlotte metropolitan statistical area in the third quarter, resulting in Charlotte being the second-most active market for such sales, according to statistics ...

Tagged with: Daren Blomquist RealtyTrac

Charlotte area foreclosures were up in the third quarter compared to the second quarter – as well as the third quarter of 2013, according to RealtyTrac. In monthly comparisons, the number of homes in some stage of foreclosure was down ...

Tagged with: Daren Blomquist foreclosures RealtyTrac

Reflecting the broader national trend, institutional investor activity in home buying pulled back in the Charlotte metro area during the second quarter of 2014. In a new report released by RealtyTrac, institutional investors, or organizations that bought ten or more ...

Tagged with: Charlotte Daren Blomquist RealtyTrac

Scheduled foreclosure auctions in Mecklenburg County increased 46 percent in July compared with last year, after 19 consecutive months of annual decreases, according to data from RealtyTrac, a national real estate analytics company. Also, the data indicated that more Charlotte ...

Tagged with: Daren Blomquist foreclosures Nancy Braun RealtyTrac Showcase Realty

Foreclosure activity for the Charlotte-Gastonia-Concord metropolitan statistical area spiked by 22.24 percent in March from the previous month, but was still 14.50 percent lower than the same time last year, according to data from RealtyTrac’s Foreclosure Market Report. The increase ...

Tagged with: Daren Blomquist RealtyTrac

Foreclosures in the Charlotte metro area in February dropped 20 percent from the previous month and 35 percent from the previous year, according to a new report from RealtyTrac. In February, a total of 676 area properties were issued default ...

Tagged with: Daren Blomquist foreclosures RealtyTrac zombie foreclosures

House flipping is back in a big way. In 2013, the number of single-family homes that were purchased and then resold within six months in the Charlotte area reached 1,592 properties, according to a new report by RealtyTrac. Flipped homes ...

Tagged with: Daren Blomquist house flipping Keith Thompson Keller Williams Realty RealtyTrac