North Carolina Foreclosures up 78%
Posted Aug 7, 2008 @ 9:34 pm, Viewed by 926 Visitors, Read 942 Times.
First lets start with some good news! -
Charlotte ranked No. 7 on a list of the top 10 markets for real estate investing based on HomeVestors report!
In ascending order, the top markets are:
10.) Chicago and Kansas City
9.) Milwaukee
8.) St. Louis
7.) Charlotte
6.) San Antonio
5.) Fort Worth
4.) Denver
3.) Atlanta
2.) Houston
Drum roll please...
1.) Dallas
Now this is probably all to to a report according to RealtyTrac Inc., that says North Carolina foreclosure market has risen 78% in June, compared to June 2007. NC has one foreclosure filing for every 1,163 households. That means it is rated 25th in the country. Number one is Nevada with 1 in every 122! Nation wide, Foreclosures, NOD's Auction sales or REO's have risen 53%.
Charlotte Foreclosures, Charlotte HUD's, Charlotte REO, Charlotte Pre-Foreclosures
Keith is a Realtor with Golden Realty in the South Charlotte area. Need help finding a Foreclosure home in Charlotte? He is a member of the National, North Carolina, and Charlotte Association of Realtors. I used to belong to the Long Island board of realtors, making happy homes for people there. Now, I have finally convinced my wife to move down to Charlotte from Long Island, NY. So if you're ready to move into a fine area or you're ready to move on out, then give me a call at 704-607-4729. I want what’s best for... ...our Neighbors, our Friends, our Families!
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Keith is a Realtor with Wilkinson & Associates Realty in the South Charlotte area. He is a member of the National, North Carolina, and Charlotte Association of Realtors. Read More
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Thanks for the info, I had heard that Charlotte was next to fall. My brother lives at Lake Norman and he said there was over a years supply of homes. Hope it turns around soon.