Foreclosure and short sales as a percentage of total home sales in the Charlotte, North Carolina region remained very low at 0.2% in May 2023. This was a 50% drop from April's 0.4%, which had remained steady since January 2023, when the percentage stood at 0.6%
In May 2023, year-over-year lender mediated sales were 50% lower at 7 sales compared with May 2022, while short sales remained unchanged at 2 compared with May 2022. Month-over-month, foreclosure sales declined from 13 to 7; … (24 comments)
Foreclosure and short sales as a percentage of total home sales in the Charlotte, North Carolina region remained very low at 0.4% in 2022. From 2021 to 2022 there was no change in the sale of lender-mediated properties. Compared with 2020, the number of distressed property sales was half that in 2021 and 2022 and two-thirds lower than in 2018. In February 2023, the percentage of distressed property sales dropped month-over-month by 0.6% to 0.3% of total sales. Year-over-year, distressed property sales … (18 comments)
Having trouble finding a foreclosure or short sale home to purchase in the Charlotte area and thinking the Luck of the Irish has abandoned you? You'll be glad to know it's nothing to do with the luck of the Irish. Foreclosure and short sales as a percentage of total home sales in the Charlotte, North Carolina region remained very low at 1% of total sales in February 2019, down from 2% in February 2018. As a percentage of closed sales for the past 12 months, it's even lower at 0.8%.
Why Foreclosure … (22 comments)
foreclosure sales in charlotte area continue to fall: No Luck Finding A Charlotte Foreclosure Or Short Sale? Here's Why...
- 04/15/18 08:44 AM
Foreclosure and short sales as a percentage of total home sales in the Charlotte, North Carolina region remained very low at 1.3% of total sales in March 2018, down from 2% in February 2018 and down 0.5% compared with March 2017. Closed lender mediated sales for the 12 month period ending March 2018 were just 1.6% of total Charlotte region home sales.
If you've been searching for a distressed property bargain in the Charlotte metro area and not finding one, here's why:
Foreclosure and short sales as a percentage of total home sales in the Charlotte, North Carolina region remained very low (2.1%) in April 2017. And that's .8% lower than at the start of 2017!
If you've been searching for a distressed property bargain in the Charlotte metro area and are having a hard time finding one, here's why:
Foreclosure sales were down 20.6% in April 2017 versus April 2016 … (32 comments)
foreclosure sales in charlotte area continue to fall: Foreclosure Rates Ever Lower In Charlotte, NC Region And Nationwide
- 03/28/17 11:51 AM
If you've been shopping for a foreclosure home bargain in the Charlotte, North Carolina region and having a hard time finding one, here's why: foreclosure rates continue dropping to new post-housing crisis lows and if this trend continues, by the end of 2017 foreclosure rates should be down to 2005 levels. Foreclosures peaked in 2010 when approximately 1.2 million homes were foreclosed on and more than 7.7 million families lost their homes. Since the peak in 2010, foreclosure declined steadily by nearly 100,000 per year through the end of 2016, as seen in the chart below.
Clearly, this is great news for home owners and … (22 comments)
Foreclosure and short sales as a percentage of total home sales in the Charlotte, North Carolina region remained low (2.9%) in January 2017. If you've been looking for a distressed property bargain in the Charlotte metro area and are having a hard time finding one, here's why:
Foreclosure sales were down 18.6% in January 2017 versus January 2016 … (16 comments)
Clearly, this is great news for home owners and the housing industry. But for buyers who still think they can find a great foreclosure bargain, not so much.
HOW DOES THE CHARLOTTE, NC REGION COMPARE? The story is pretty much the same in the Charlotte, North Carolina region where in May 2016 foreclosure sales were down 12.6% compared with the same month the … (24 comments)
Foreclosure sales were down 30.4% in November 2015 versus November 2014 Short sales were down 45.8% in November 2015 versus November 2014 Foreclosure and short sales accounted for only 3.9% of total Charlotte region home sales in November 2015, down from 6.0% in November 2014. So one reason it's hard to find that "bargain" is because there … (20 comments)
Foreclosure sales were down 12.7% in September 2015 versus September 2014 Short sales were down 19.6% in September 2015 versus September 2014 Compare this with an increase of 7.2% of non-distressed property sales. Foreclosure and short sales accounted for only 4.0% of total Charlotte region home sales in September 2015, down from 5.3% in September … (8 comments)
foreclosure sales in charlotte area continue to fall: Foreclosures & Short Sales Continue Falling In Charlotte, NC Region
- 09/09/15 11:58 PM
Foreclosure and short sales as a percentage of total home sales in the Charlotte, North Carolina region continue to fall. If you're looking for a distressed property bargain in the Charlotte metro area and are having a hard time finding one, here's why: Foreclosure sales were down 32.1% in August 2015 versus August 2014 Short sales were down 18.0% in August 2015 versus August 2014 Compare this with an increase of 8.2% of non-distressed property sales. Foreclosure and short sales accounted for only 3.5% of total Charlotte region home sales in August 2015, down from 5.1% in August 2014 and down … (18 comments)
foreclosure sales in charlotte area continue to fall: Foreclosure & Short Sales Continue Falling In The Charlotte, NC Region
- 08/07/15 10:52 PM
Foreclosure and short sales as a percentage of total home sales in the Charlotte, North Carolina region continue to fall. If you're looking for a distressed property bargain in the Charlotte metro area and are having a hard time finding one, here's why: Foreclosure sales were down 10.8% in July 2015 versus July 2014 Short sales were down 31.0% in July 2015 versus July 2014 Compare this with an increase of 19% of non-distressed property sales. Foreclosure and short sales accounted for only 3.9% of total Charlotte region home sales in July 2015. So one reason it's hard to find that … (40 comments)
foreclosure sales in charlotte area continue to fall: Foreclosure & Short Sales Continue Falling In Charlotte, NC Region
- 07/18/15 07:04 AM
Foreclosure and short sales as a percentage of total home sales in the Charlotte, North Carolina region continue to fall. If you're looking for a distressed property bargain in the Charlotte metro area and are having a hard time finding one, here's why: Foreclosure sales were down 26.4% in June 2015 versus June 2014 Short sales were down 41.1% in June 2015 versus June 2014 Compare this with an increase of 18% of non-distressed property sales. Foreclosure and short sales accounted for only 3.9% of total Charlotte region home sales in June 2015. So one reason it's hard to find that … (14 comments)
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