Below you will find my predictions from a January 7, 2010 blog post and my comments on each of those predictions as of August 24, 2010:Foreclosures will continue to come on the market and many will be scooped up quickly with multiple offers.
Correct! This has been the case so ...
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Community Issues,
Crystal Ball Projections,
Foreclosures and Short Sales,
Info for Buyers,
Info for Sellers,
Market Stats,
Mortgage Rates,
Opinion,
Personal Experiences,
Short Sales,
special financing,
tax creditsIn just a few short months we've seen the number of houses available for sale per buyer (8.64) climb to levels we have not seen since late 2008 and up a whopping 63% from August last year!
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Have we found the "New Normal" in Twin Cities real estate activity? I have to image we have. For more than 3 months we've seen showing activity down 35% - 40% from the year prior:Twin Cities Pending ...
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Based on my personal analysis of our local MLS database, approximately 1300 Twin Cities sellers and at least as many buyers may be waiting for their offer on a short sale property to be reviewed and accepted/rejected/countered by the seller's lender(s). The number of buyers waiting for answers may be substantially higher than the number ...
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(image courtesy MAAR)The anemic Twin Cities Pending Home Sales figures posted the last 5 weeks are both expected as well as disappointing. While us ...
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