Category Archives: Foreclosures and Short Sales

8 Predictions for 2010 Twin Cities Housing Market – August Update

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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Foreclosures: Doing the Right Thing – Part II

A few days ago I wrote about one couple's decision to skip out on their obligations out of convenience, and today I found one that makes the last couple look like saints:Ohio Man Bulldozes Home to Avoid ForeclosureFrom what I hear, this isn't illegal in many areas.  Since the guy owned ...

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Foreclosures: Doing the Right Thing

Today there is an article in the Star Tribune discussing options for homeowners that are underwater.  Today this is a commonly discussed topic and one that shouldn't be ignored.  The first couple in the article talk about their decision to walk away from their home.  The article discusses their reasoning for walking away ...

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Fantastically Priced One Level Home for Sale in Stonemill Farms

I rarely post my new listings to my blog because I don't think of this blog as the place to so blatantly advertise myself.  Today I am making an exception because of the nature of my new listing at 2293 Vermillion Curve in Woodbury:This home is a bank owned (foreclosure) property but is ...

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The Post Tax Credit Property Purchasing Plummet

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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