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:Â 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 ...
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 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 ...
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 ...
Alex Charfen, CEO of the Distressed Property Institute, LLC (CDPE.com) went on CNBC on April 13th to to express his views on whether or not you should consider your home an asset. Watch this 3 minute video: If you currently have questions regarding short sales, foreclosures or real estate in ...
According to DSNews.com, a bill has been introduced to appoint a deadline of 45 days on lenders to approve, disapprove or give the status of a decision on an offer for a short sale. By decreasing the length of time lenders have to make a decision, the more likely underwater homeowners ...
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