Home closings in Charlotte fall in June, Realtors say: "Charlotte's housing market remained slumped in June, the Charlotte Regional Realtor Association said, as closings fell 8 percent compared to June 2010.
There were 2,332 closings in June 2011, about 200 fewer than the same month last year. The median sale price fell 3.7 percent, to $156,750. About 31 percent of those sales were classified as distressed properties. The figures are from Carolina Multiple Listing Services, which accounts for most homes on the market."