The Minnesota Home Ownership Center has been tracking pre-foreclosure notices received by foreclosure counseling agencies throughout Minnesota and just posted some updated charts that show 2010 pre-foreclosure notices are consistently higher than the same time frame in 2009. Through June 2010, notices are up a considerable 20%:
Housing News, Opinion, Statistics and Homes for Sale
Category Archives: Community Issues
Condo Associations Need FHA Approval To Remain Competitive
This recent story below points out how important FHA financing is in today's market and that the efforts of associations can improve or damage the saleability of their homes depending on how they are run. FHA blanket association approval is only needed for condominium projects - townhome developments can be financed with FHA without the ...
See Twin Cities Power Outages Online
Don't know how long this has been available but I came across Xcel Enery's online power outage map - you can zoom in and scroll around to see where the damage from this latest storm was.
Naughty People in Real Estate
The Minnesota Department of Commerce puts out a report of their "enforcement actions" against licensees in industries they regulate. The DOC regulates MN-chartered banks, debt collectors, notaries, insurance companies, mortgage companies, appraisers, and real estate agents/brokers.I find it interesting to see what people in the real estate field are caught doing ...
40% Of Twin Cities Home Purchasers Used FHA In 1st Half 2010
The trend from 2009 continues: nearly 40% of all home buyers in the Twin Cities during the 1st half of 2010 used FHA Loan to finance their purchase. This is up from just 2% in 2007!Why are so many buyers using ...
Aaron Dickinson
Edina Realty
1-800-941-0959
Licensed in MN
