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Bad Data on Trulia & Zillow is the Agent’s & Broker’s Fault

trulia-zillow

I was reading a post today from the recently departed Trulia employee, and industry veteran, Todd Carpenter, called Data Accuracy is a Community Effort.  I went into this article, and through a couple additional readings, thinking that Trulia and Zillow were to blame for all the inaccurate data displayed on their sites.  I've come away with a different understanding now. The pre-foreclosure property information Zillow offers I think is still a big mistake and a source of consumer misinformation. For that, I … [Read more...]

Twin Cities’ Record Low Housing Inventory Poised To Drop Further

Chart courtesy MAAR, data from RMLS of MN.

The Twin Cities real estate market continues to improve at a stronger pace than most industry insiders expected, including myself.  Buyers have been coming out of the woodwork to take advantage of all time record low interest rates - one of my clients just locked in a 2.875% 30yr FIXED FHA loan! Historically in the Twin Cities, Sellers like to hibernate until after the first of the year and so the available inventory of homes for sale in the Twin Cities drops dramatically from its summer highs to its winter … [Read more...]

Twin Cities Foreclosure Forecast: Fewer Foreclosures in 2013

Twin Cities Foreclosure Activity

I'm a huge data nerd.  I stare at charts and data almost daily to get a better sense of what's going on in the housing market.  One of the more interesting datasets I look at is foreclosure activity.  Between the preforeclosure notices published by the Minnesota Home Ownership Center, the sheriff sale data published by HousingLink and the MLS foreclosure sales from MAAR, we can build a very good picture of foreclosure activity over the last few years: But this data can do more than just show current … [Read more...]

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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.