Raleigh, Charlotte homes among most ‘overvalued’ in U.S., report finds
An updated analysis of the nation’s 100 most populous cities finds two North Carolina housing markets are among the top 15 most overvalued in the country.
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Charlotte Housing Markets
Vacant homes are rare in Triangle, across NC – and most are owned by investors
New data from ATTOM Data Solutions shows that the Raleigh metropolitan area has the lowest residential property vacancy rate in the state.
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Across the U.S., investors scooping up homes
A recent Redfin report found that in Charlotte, nearly 1/3rd of all real estate transactions were from industry investors.
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Foreclosures in Durham County up 150%, in Wake County, up nearly 68%
Following the expiration of programs designed to keep owners in their homes during COVID-19, foreclosure rates have spiked in North Carolina, increasing by nearly 22% statewide since last quarter, a new report found. In Durham County, foreclosures are up 150%, and in Wake County, they’re up nearly 68%.
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Housing sticker shock: Triangle home prices soar 10%, rentals climb 6.8% in just months
Whether renting or seeking to purchase, Triangle residents are facing rapidly increasing real estate prices, with the median Triangle area home sale price and rental fees jumping in recent months. Here’s a look.
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