The Charlotte area has seen a large drop in distressed-property sales, according to real estate analytics firm CoreLogic. The share of all homes that were bought in short sales or reverted to lender ownership following foreclosure dropped to 7.8 percent ...

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The Charlotte area is seeing a fall in the number of distressed properties on the market, according to CoreLogic. The percentage of real estate owned and short deals among all home sales has dropped several percentage points this year and ...

Tagged with: REO Short sales

July sales of existing homes across the country rose to their highest annual pace of the year – with the South leading the way – while the ongoing decline in distressed sales reached an important milestone. But a National Association ...

Tagged with: Foreclosure Lawrence Yun National Association of Realtors Short sales

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 homes in its residential sales counts. Charlotte Regional Realtor Association ...

Tagged with: Daren Blomquist December 2013 foreclosures Keller Williams NAdine Deason Nancy Braun RealtyTrac Short sales Showcase Realty

My wife and I sold our home in New Jersey and moved to Melbourne, Fla., to start the last third of our lives. We looked at more than 80 homes for sale, including foreclosures, short sales and actual homes being sold by real people.

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The taxman cometh for short sales as of Jan. 1, but you wouldn't know it from talking to Charlotte-area real estate agents.

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As lenders review their backlog of more than 5 million delinquent mortgages, short sales are becoming an ever more popular escape route, it was reported by CNBC. But that trend may have a short life.

Tagged with: Short sales