Eric Locher

Oct 4, 2013

More than half of Charlotte region’s foreclosed homes are owner occupied

Fifty-four percent of bank-owned homes in the Charlotte-Gastonia-Concord area are owner-occupied, according to a new study by the real estate information and online marketplace company RealtyTrac. In real numbers, that is more than half the 2,328 bank-owned homes.

Sep 26, 2013

Wall Street taps Main Street: Investment firms looking for return on Charlotte’s rental homes

Led by the behemoth Blackstone Group, the largest alternative investment company in the world, institutional investors are buying a lot of single-family homes in Charlotte, fixing them up, renting them out and holding onto them to see if they rise in value. One of every five houses sold in May, June and July in the Charlotte market went to big investors, a higher percentage than in any other marke[...]

Sep 12, 2013

Housing market continues to improve for sellers

Preliminary August data from the Carolinas Multiple Listing Services Inc. continue to indicate a strengthening housing market, with the number of sales, home prices and new listings rising while the inventory and average number of days on the market declined.

Sep 5, 2013

Home prices continue to rise in region, nationally

Prices for existing homes sold in the Charlotte region continued to rise in July, by 8.3 percent year-over-year and by 1.3 percent over June, according to property analytics provider CoreLogic.

Feb 19, 2013

13 to watch in ’13: REBIC and Raleigh

You’re either fer it, or you’re agin it, as they say in the mountains of western North Carolina, and that’s true of possible legislation that REBIC will either back or oppose this year on the other end of the state in Raleigh, where the state legislature is in session.

Feb 4, 2013

On the Level: Eric Locher, Charlotte Regional Realtor Association’s 2013 president

"As buyers begin to meet prices, there will be an upward pressure on prices," he said. "There are an increasing number of buyers coming on the market, more buyers and fewer homes. We’ve even had some multioffer situations. Not many, but some."

Jun 21, 2011

The truth set him free

Real estate agent Eric Locher thought he was going to serve on the Charlotte-Mecklenburg Planning Commission another three years — until he went to church and learned otherwise. Locher said […]

Oct 15, 2010

Foreclosure fallout

Cheryl Littlefield’s ideal home was pulled right out from under her. Located near Revolution Park just west of Uptown Charlotte, the 1,200-square-foot, three-bedroom brick ranch-style home was just what Littlefield was […]

Oct 12, 2010

Foreclosure pause makes some fearful; others see bright side

As more of the country’s biggest financial institutions and mortgage lenders are pulled into the ongoing controversy involving questionable foreclosure processes, many predict the situation could have a chilling effect […]

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