Charlotte Bank Foreclosures Jumped by 83%
Tuesday, January 29th, 2008Over the years, the largest city in North Carolina has been taking the brunt of increasing number of foreclosure homes. With an estimated population of 695,995, Charlotte is one of the major financial centers in the US and home to several Fortune 500 companies. It has a median family income of $56,517 annually and the unemployment rate has fallen down to 4.7% in the state of North Carolina. But all these facts and figures don’t sound or look good when it comes to the increasing number of bank foreclosures.







