Tag Archives for " Foreclosures "
Last August, the Charlotte-Concord-Gastonia metro foreclosure rate was down to 1 percent from 1.8 percent a year earlier.
This is actually much better than the current national foreclosure rate of 1.6 percent for the month according to the Irvine, California-based data firm however, worse compared to the statewide rate of North Carolina, which is now at 0.9 percent.
Aside from this, the mortgage-delinquency rate in the Charlotte market has also reduced from 5 percent last August 2013 to 3.7 percent of mortgage loans delinquent 90 days or more.
The report as well showed that both measures have seen good improvement monthly since early 2012. This has also been the case throughout the state.
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