Tagged: Realtors

Local News
4:08 pm
Fri January 11, 2013

Charlotte: A City Of Mortgage-Debtors

Only 20 percent of Charlotte homeowners have paid off their mortgages completely, compared to a national average of 29 percent.

More homeowners in Charlotte have mortgage debt than in most other major metro areas around the country.  Are we just prone to big spending, or is something else at play in the housing market here?  

Almost 21 million Americans – nearly a third of the nation's homeowners – own their homes outright.

Read more