Category: Carolinas Market Update

17 Sep 2012

Decrease in “Underwater” Mortgages Points to Market Recovery

Allen Tate’s Pat Riley addresses topic in Carolinas Market Update


CHARLOTTE, N.C. (September 17, 2012) –The number of homeowners “underwater” on their mortgages fell by 25 percent since Q4 2011, and nearly 2 million additional homeowners are only 5 percent away from a balanced equity position, according to CoreLogic.

That’s a strong sign of a steadily recovering real estate market, said Pat Riley, president and COO of Allen Tate Company (, the Carolinas’ real estate leader. Riley takes a closer look at how underwater homes affect market recovery in the September-October edition of Carolinas Market Update, a bi-monthly real estate video series produced by Allen Tate.

10 Jul 2012

Allen Tate Company Launches New Real Estate Video Series

Carolinas Market Update offers timely news and trends

CHARLOTTE, N.C. (July 10, 2012) –The latest in real estate market news and trends is now available in a new video series from Allen Tate Company, the Carolinas’ real estate leader.

Carolinas Market Update features a bi-monthly update from Allen Tate President and COO Pat Riley, including information and statistics about home sales, prices, interest rates and other factors that affect home buyers and sellers in North and South Carolina. Presented in a consumer-friendly video format, each segment also offers information on real estate trends and market predictions for the coming months.


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