Thanks to the Minnesota Homeownership Center Blog for telling me about HousingLink’s Q4 2008 update to their Foreclosure Report.
What’s especially interesting to me is the chart showing foreclosure counts as a percentage of total houses:
MAAR did a similar “heat map” for the Twin Cities, specifically looking at 2008 “lender mediated sales” – which are foreclosures or short sales in our MLS:
The number of bank owned homes coming on the market in this county (crow wing) have seemed to have slowed down at the moment.
Looking back at how unstable and unpredictable the economy and the market has been makes me want to give out a huge sigh of relief at how relatively better things are becoming.