The last 6-8 weeks have been busy and while the real estate market isn’t what it used to be, it is still keeping me plenty busy. In addition, I’m busy working with Jeff Allen to release a 2nd Quarter edition of our Twin Cities foreclosure/short sale report. Lender mediated sales will be with us for a long time to come so the updated information will give agents and the public a more detailed and current understand of our market. While the MLS recently implemented a “in foreclosure/bank owned” field, we’re going to be relying on our current methodology for a while longer as the fields have not been active long enough to be valuable.
Over the 4th of July activity slows a little as buyers and sellers spend time with family, friends, and fireworks. There’s still a lot of activity out there though so the quiet will be short-lived.