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Are Higher-End Twin Cities Foreclosures Coming?

For a while now there’s been some talk that the foreclosure activity would become more prevalent in the higher-priced home market – well as of yet we haven’t seen that materialize.  In fact, by far the strongest activity remains in the lowest price ranges for both foreclosures and short sales:

In the future we may see an influx of foreclosures at higher price points but for right now our local MLS is showing the foreclosure activity is still more heavily found in the lower price points.

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TwinCitiesRealEstateBlog.com is not a Multiple Listing Service MLS, nor does it offer MLS access.
This website is a service of Aaron Dickinson of Edina Realty, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc.