More good news for the Twin Cities Housing Market. The Minnesota Home Ownership Center just released their Q3 2012 preforeclosure data.
While there was a slight uptick in notices for the third quarter, the numbers are still down a healthy amount from recent quarters and are sitting at just over half of their peak levels. This continues my mantra that we’ll have elevated numbers of foreclosures and short sales for some time but that the worst is behind us.
And in case you are wondering what is happening in Greater Minnesota, things are looking good as well. Here’s the statewide (includes Twin Cities) numbers:
