Daren Blomquist

Feb 16, 2015

Foreclosure activity rises in Charlotte

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 […]

Jan 18, 2015

Foreclosures fall to 2006 levels

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 […]

Nov 21, 2014

Flipping more profitable in the third quarter

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 […]

Nov 6, 2014

Investors buy greater share of homes in third quarter

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 […]

Oct 17, 2014

Quarterly foreclosures up locally, nationally

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 […]

Aug 18, 2014

Institutional investment slowing, but Charlotte still ranks 5th

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 […]

Aug 15, 2014

Scheduled foreclosure auctions rise after 19 months of declines

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 […]

Apr 10, 2014

Foreclosure activity rose in Charlotte in March

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, […]

Mar 12, 2014

Charlotte’s foreclosure levels post significant declines

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 […]

Feb 3, 2014

House flipping making a comeback

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 […]

Jan 23, 2014

Nearly half of residential sales in December were cash only

Forty-six percent of all residential sales in the Charlotte-Gastonia-Concord area were all cash in December 2013, according to an analysis by RealtyTrac. The company includes single-family homes, condos and town […]

Nov 27, 2013

Cash home sales top 50 percent

CHARLOTTE – More homebuyers paid with cash in October – and not just institutional investors, who bought a smaller share of the homes sold, while cash purchases overall topped 50 […]

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