In Mecklenburg County, distressed houses for sale accounted for more than 50 percent of the total home sales. This just shows the growing foreclosure epidemic.
The continued rise in Charlotte home foreclosures in 2009 was largely driven by record unemployment rates in the area during the year. Almost 11,000 households were hit with foreclosure or default notices in 2009.
North Carolina foreclosure listings will help you get information about the properties that are to be auctioned, so that you can have your dream house at a cost that you prefer. However, it is important that you have the right list to look at.
Distressed properties for sale continue to account for a large percentage of housing sales in North Carolina. December 2010 sales data showed another increase.
A group is trying to restart real estate development projects in Wilmington that were halted by the housing crisis and the emergence of huge numbers of residential foreclosures for sale.
Print This Article
Add To Favorites