Category Archives for "Blogs"

A running list of every Blog Post

Forclosures in N.C. becoming less frequent

The foreclosure count in North Carolina has dropped 38% in the last year and 3.5% since April. Here is an exerpt from Charlotte Business Journal’s article: N.C. foreclosures down 38% year-over-year “Some 2,689 homes in North Carolina were in foreclosure proceedings in May, or one in every 1,584 households, according to RealtyTrac Inc.  The state ranks […]

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The demand for HAFA increases drastically

Here is an unbeleivable short sale statistic in an exerpt from the DSNews.com article, HAFA Short Sales up Over 70% in April. “Servicers completed 1,666 short sales and deeds-in-lieu (DIL) of foreclosure under the Home Affordable Foreclosure Alternatives (HAFA) program in April. That’s up 73.7 percent from the 959 HAFA transactions completed the month before.”   If […]

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Charlotte home sales continue to drop from last year

The Charlotte Regional Realtor Association found, in a study of 10 counties in Charlotte, that home sales in the area have dropped 11.5% in the last year. May’s sales have decreased since last year, but have increased 16.6% since April. Read more in Charlotte Business Journal‘s article: http://www.bizjournals.com/charlotte/news/2011/06/09/charlotte-area-home-sales-drop-115.html?ed=2011-06-09&s=article_du&ana=e_du_pub

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Record-High Level of Short Sales

According to an article published by DSNews yesterday, HousingPulse Tracking Survey released a study showing that nearly half of home sales that happened in March 2011 involved distressed properties and short sales have reached a record-high. The following is an excerpt from the article in DSNews: “Within this distressed property segment, the market analysis shows […]

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