Foreclosed Homes Decreasing, Freeing Homeowners of Negative Equity

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Foreclosed Homes Decreasing, Freeing Homeowners of Negative Equity

The number of foreclosed homes across the state continues to drop, with this being the 54th consecutive month with year-over-year decline. See the infographic below.

Foreclosed Homes Decreasing, Freeing Homeowners of Negative Equity

Highlights:

  • CoreLogic has explained that foreclosure rates across the nation have dropped to 1.1%; this is the lowest since October 2007.
  • As prices rise only 3% of homeowners are still in serious delinquency in the US.

With foreclosed homes on the decline, now is a great time for homeowners who are considering buying for the first time.

Are you thinking of purchasing a foreclosed property? We’ve got you covered! Feel free to browse our list of Hot Foreclosure Homes For Sale to get started.

Thinking of buying in Uptown Charlotte? Our Uptown Charlotte Homes for Sale list is the perfect place to start! Questions? Feel free to contact us as at Showcase Realty today at 704.997.3794 or send us a message here.

If you decide you don’t like your home we will sell it for free. *some conditions apply*

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