Zillow: 12.1% of Charlotte homeowners are underwater

Despite housing market gains since the end of the recession, millions of Americans still owe more on their mortgages than their homes are worth. In Charlotte, the so-called negative equity rate remains elevated but is still a bit better than the national average.

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Gov. Pat McCrory speaks at The Cypress of Charlotte's kick off for the Walk to End Alzheimer's event.
Todd Sumlin

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