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	<title>Twin Cities Real Estate Blog &#187; Foreclosures and Short Sales</title>
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	<link>http://www.twincitiesrealestateblog.com</link>
	<description>Housing News, Opinion, Statistics and Homes for Sale</description>
	<lastBuildDate>Wed, 08 Feb 2012 15:00:00 +0000</lastBuildDate>
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		<item>
		<title>Shadow Inventory &#8211; The Housing Market&#8217;s Boogieman</title>
		<link>http://www.twincitiesrealestateblog.com/2012/shadow-inventory-the-housing-markets-boogieman/</link>
		<comments>http://www.twincitiesrealestateblog.com/2012/shadow-inventory-the-housing-markets-boogieman/#comments</comments>
		<pubDate>Wed, 01 Feb 2012 21:11:25 +0000</pubDate>
		<dc:creator>Aaron Dickinson</dc:creator>
				<category><![CDATA[Community Issues]]></category>
		<category><![CDATA[Foreclosures and Short Sales]]></category>
		<category><![CDATA[Info for Buyers]]></category>
		<category><![CDATA[Info for Sellers]]></category>
		<category><![CDATA[Market Stats]]></category>
		<category><![CDATA[Opinion]]></category>
		<category><![CDATA[Personal Experiences]]></category>
		<category><![CDATA[Useless Ramblings]]></category>
		<category><![CDATA[shadow inventory]]></category>

		<guid isPermaLink="false">http://www.twincitiesrealestateblog.com/?p=2760</guid>
		<description><![CDATA[For years now we&#8217;ve been hearing housing &#8220;experts&#8221; talk about the shadow housing inventory.  This is apparently all the distressed housing backlog that has yet to make its way through the system. Depending on who you talk to, it may or may not include homeowners that are underwater (but current), people who have jobs now but [...]]]></description>
		<wfw:commentRss>http://www.twincitiesrealestateblog.com/2012/shadow-inventory-the-housing-markets-boogieman/feed/</wfw:commentRss>
		<slash:comments>3</slash:comments>
		</item>
		<item>
		<title>Minnesota Pre-Foreclosure Notices Drop to New Lows</title>
		<link>http://www.twincitiesrealestateblog.com/2012/minnesota-pre-foreclosure-notices-drop-to-new-lows/</link>
		<comments>http://www.twincitiesrealestateblog.com/2012/minnesota-pre-foreclosure-notices-drop-to-new-lows/#comments</comments>
		<pubDate>Wed, 25 Jan 2012 17:39:27 +0000</pubDate>
		<dc:creator>Aaron Dickinson</dc:creator>
				<category><![CDATA[Foreclosures and Short Sales]]></category>
		<category><![CDATA[Info for Buyers]]></category>
		<category><![CDATA[Info for Sellers]]></category>
		<category><![CDATA[Market Stats]]></category>

		<guid isPermaLink="false">http://www.twincitiesrealestateblog.com/?p=2752</guid>
		<description><![CDATA[The Minnesota Home Ownership Center has been tracking pre-foreclosure notices in Minnesota since the state legislature required notices to be sent to housing counselors as part of the foreclosure process in late 2008. Recent quarters have shown substantially fewer notices sent out and the Center&#8217;s numbers from Q4 2011 continue this trend: While a quarter [...]]]></description>
		<wfw:commentRss>http://www.twincitiesrealestateblog.com/2012/minnesota-pre-foreclosure-notices-drop-to-new-lows/feed/</wfw:commentRss>
		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>The Twin Cities Housing Market Has Bottomed</title>
		<link>http://www.twincitiesrealestateblog.com/2012/twin-cities-housing-market-has-bottomed/</link>
		<comments>http://www.twincitiesrealestateblog.com/2012/twin-cities-housing-market-has-bottomed/#comments</comments>
		<pubDate>Tue, 17 Jan 2012 06:44:50 +0000</pubDate>
		<dc:creator>Aaron Dickinson</dc:creator>
				<category><![CDATA[Community Issues]]></category>
		<category><![CDATA[Crystal Ball Projections]]></category>
		<category><![CDATA[Foreclosures and Short Sales]]></category>
		<category><![CDATA[Info for Buyers]]></category>
		<category><![CDATA[Info for Sellers]]></category>
		<category><![CDATA[Market Stats]]></category>
		<category><![CDATA[Opinion]]></category>

		<guid isPermaLink="false">http://www.twincitiesrealestateblog.com/?p=2671</guid>
		<description><![CDATA[After years of price declines, today I am here to say that the Twin Cities housing market has bottomed. Having sold houses for the last nine years I can tell you I&#8217;ve seen both the up and the dramatic down of our market&#8230; it has been quite the theme park ride!  I think we are [...]]]></description>
		<wfw:commentRss>http://www.twincitiesrealestateblog.com/2012/twin-cities-housing-market-has-bottomed/feed/</wfw:commentRss>
		<slash:comments>5</slash:comments>
		</item>
		<item>
		<title>Foreclosures and Short Sales Now Worth the Same</title>
		<link>http://www.twincitiesrealestateblog.com/2012/foreclosures-and-short-sales-now-worth-the-same/</link>
		<comments>http://www.twincitiesrealestateblog.com/2012/foreclosures-and-short-sales-now-worth-the-same/#comments</comments>
		<pubDate>Mon, 09 Jan 2012 23:24:55 +0000</pubDate>
		<dc:creator>Aaron Dickinson</dc:creator>
				<category><![CDATA[Community Issues]]></category>
		<category><![CDATA[Foreclosures and Short Sales]]></category>
		<category><![CDATA[Info for Buyers]]></category>
		<category><![CDATA[Info for Sellers]]></category>
		<category><![CDATA[Market Stats]]></category>

		<guid isPermaLink="false">http://www.twincitiesrealestateblog.com/?p=2617</guid>
		<description><![CDATA[Since the housing downturn has started, short sales always have always commanded a higher price per square foot.  Well that has now changed.  Median Sales Prices are also quickly coming together as well.  The rule of thumb in the past was that short sales were often in better condition than a bank owned and so [...]]]></description>
		<wfw:commentRss>http://www.twincitiesrealestateblog.com/2012/foreclosures-and-short-sales-now-worth-the-same/feed/</wfw:commentRss>
		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>Twin Cities Foreclosures Hit 4+ Year Low</title>
		<link>http://www.twincitiesrealestateblog.com/2011/twin-cities-foreclosures-hit-4-year-low/</link>
		<comments>http://www.twincitiesrealestateblog.com/2011/twin-cities-foreclosures-hit-4-year-low/#comments</comments>
		<pubDate>Fri, 02 Dec 2011 22:24:53 +0000</pubDate>
		<dc:creator>Aaron Dickinson</dc:creator>
				<category><![CDATA[Crystal Ball Projections]]></category>
		<category><![CDATA[Foreclosures and Short Sales]]></category>
		<category><![CDATA[Info for Buyers]]></category>
		<category><![CDATA[Info for Sellers]]></category>
		<category><![CDATA[Market Stats]]></category>

		<guid isPermaLink="false">http://www.twincitiesrealestateblog.com/?p=1997</guid>
		<description><![CDATA[In recent months a common phrase has been uttered by countless buyers and real estate agents: &#8220;where are all the foreclosures?&#8221;  Since August 2010 the Twin Cities Region has seen foreclosures for sale drop 52% from approximately 4000 to about 1900 today.  This is the first time since July 2007 that we have seen inventory [...]]]></description>
		<wfw:commentRss>http://www.twincitiesrealestateblog.com/2011/twin-cities-foreclosures-hit-4-year-low/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Minnesota Foreclosures in Q3 2011 Down 32% from Q3 2010</title>
		<link>http://www.twincitiesrealestateblog.com/2011/minnesota-foreclosures-down-32-percent/</link>
		<comments>http://www.twincitiesrealestateblog.com/2011/minnesota-foreclosures-down-32-percent/#comments</comments>
		<pubDate>Fri, 04 Nov 2011 16:52:00 +0000</pubDate>
		<dc:creator>Aaron Dickinson</dc:creator>
				<category><![CDATA[Community Issues]]></category>
		<category><![CDATA[Foreclosures and Short Sales]]></category>
		<category><![CDATA[Info for Buyers]]></category>
		<category><![CDATA[Info for Sellers]]></category>
		<category><![CDATA[Market Stats]]></category>
		<category><![CDATA[foreclosures]]></category>
		<category><![CDATA[sheriff sales]]></category>

		<guid isPermaLink="false">http://www.twincitiesrealestateblog.com/?p=1975</guid>
		<description><![CDATA[This just in from HousingLink: There were 4,935 foreclosures in Minnesota in Q3 of 2011, down 32% from Q3 2010. Q3 2011 marks four consecutive quarters with fewer than 6,000 statewide foreclosures.  While this follows four quarters in which the statewide count exceeded that number, the Q3 2011 figure of 4,935 still far exceeds the [...]]]></description>
		<wfw:commentRss>http://www.twincitiesrealestateblog.com/2011/minnesota-foreclosures-down-32-percent/feed/</wfw:commentRss>
		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>Townhome &amp; Condo Foreclosures Affect Other Unit Owners</title>
		<link>http://www.twincitiesrealestateblog.com/2011/townhome-condo-foreclosures-affect-other-unit-owners/</link>
		<comments>http://www.twincitiesrealestateblog.com/2011/townhome-condo-foreclosures-affect-other-unit-owners/#comments</comments>
		<pubDate>Mon, 03 Oct 2011 14:26:23 +0000</pubDate>
		<dc:creator>Aaron Dickinson</dc:creator>
				<category><![CDATA[Community Issues]]></category>
		<category><![CDATA[Condos & Townhomes]]></category>
		<category><![CDATA[Foreclosures and Short Sales]]></category>
		<category><![CDATA[Market Stats]]></category>
		<category><![CDATA[Personal Experiences]]></category>
		<category><![CDATA[Questions and Answers]]></category>

		<guid isPermaLink="false">http://www.twincitiesrealestateblog.com/?p=1965</guid>
		<description><![CDATA[The Star Tribune has a piece titled: Whistleblower: Homeowners pick up the tab. The Strib just scratches the surface of this issue. When someone buys into a townhome or condo development, they are becoming part owner of a nonprofit corporation that has ownership of common elements in the development and responsibilities for maintenance, insurance, utilities, etc [...]]]></description>
		<wfw:commentRss>http://www.twincitiesrealestateblog.com/2011/townhome-condo-foreclosures-affect-other-unit-owners/feed/</wfw:commentRss>
		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>1700+ Short Sales Stuck Waiting for Bank Approval</title>
		<link>http://www.twincitiesrealestateblog.com/2011/1700-short-sales-waiting-bank-approval-minneapolis-st-paul/</link>
		<comments>http://www.twincitiesrealestateblog.com/2011/1700-short-sales-waiting-bank-approval-minneapolis-st-paul/#comments</comments>
		<pubDate>Mon, 15 Aug 2011 12:33:41 +0000</pubDate>
		<dc:creator>Aaron Dickinson</dc:creator>
				<category><![CDATA[Community Issues]]></category>
		<category><![CDATA[Foreclosures and Short Sales]]></category>
		<category><![CDATA[Info for Buyers]]></category>
		<category><![CDATA[Market Stats]]></category>
		<category><![CDATA[Opinion]]></category>
		<category><![CDATA[Personal Experiences]]></category>
		<category><![CDATA[Short Sales]]></category>

		<guid isPermaLink="false">http://www.twincitiesrealestateblog.com/?p=1893</guid>
		<description><![CDATA[Short Sales By The Numbers: 5,000 We have just under 5000 short sales currently for sale in the Minneapolis/St. Paul area. 1,700 In the Twin Cities, we now have more than 1,700 short sales that have received offers and are waiting for the seller&#8217;s lender(s) to provide a response, 100&#8242;s more than we had a year [...]]]></description>
		<wfw:commentRss>http://www.twincitiesrealestateblog.com/2011/1700-short-sales-waiting-bank-approval-minneapolis-st-paul/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Foreclosures and Short Sales Don&#8217;t Matter to House Prices</title>
		<link>http://www.twincitiesrealestateblog.com/2011/foreclosures-short-sales-dont-matter-house-prices/</link>
		<comments>http://www.twincitiesrealestateblog.com/2011/foreclosures-short-sales-dont-matter-house-prices/#comments</comments>
		<pubDate>Tue, 05 Jul 2011 15:14:24 +0000</pubDate>
		<dc:creator>Aaron Dickinson</dc:creator>
				<category><![CDATA[Crystal Ball Projections]]></category>
		<category><![CDATA[Foreclosures and Short Sales]]></category>
		<category><![CDATA[Info for Buyers]]></category>
		<category><![CDATA[Info for Sellers]]></category>
		<category><![CDATA[Market Stats]]></category>
		<category><![CDATA[Opinion]]></category>
		<category><![CDATA[Short Sales]]></category>
		<category><![CDATA[foreclosures]]></category>
		<category><![CDATA[median sales price]]></category>
		<category><![CDATA[short sales]]></category>

		<guid isPermaLink="false">http://www.twincitiesrealestateblog.com/?p=1875</guid>
		<description><![CDATA[While foreclosures and short sales continue to be around 40% of our sales, when looking at housing prices I believe they should be completely ignored. When looking at all Twin Cities housing sales, here is how the Median Sales Price stacks up: &#160; When we split it out to look at Foreclosures, Short Sales and [...]]]></description>
		<wfw:commentRss>http://www.twincitiesrealestateblog.com/2011/foreclosures-short-sales-dont-matter-house-prices/feed/</wfw:commentRss>
		<slash:comments>7</slash:comments>
		</item>
		<item>
		<title>Fannie Mae Gets Smart, Adds Electronic Lock Boxes to Houses</title>
		<link>http://www.twincitiesrealestateblog.com/2011/fannie-mae-gets-smart-adds-electronic-lock-boxes/</link>
		<comments>http://www.twincitiesrealestateblog.com/2011/fannie-mae-gets-smart-adds-electronic-lock-boxes/#comments</comments>
		<pubDate>Tue, 21 Jun 2011 17:02:35 +0000</pubDate>
		<dc:creator>Aaron Dickinson</dc:creator>
				<category><![CDATA[Community Issues]]></category>
		<category><![CDATA[Foreclosures and Short Sales]]></category>
		<category><![CDATA[Opinion]]></category>
		<category><![CDATA[Personal Experiences]]></category>
		<category><![CDATA[electronic lock boxes]]></category>
		<category><![CDATA[fannie mae]]></category>
		<category><![CDATA[foreclosures]]></category>

		<guid isPermaLink="false">http://www.twincitiesrealestateblog.com/?p=1873</guid>
		<description><![CDATA[Fannie Mae, the mortgage giant, will begin requiring electronic lock boxes on their listings. This means that showing agents will use these boxes instead of the current practice of push button lock boxes. Some may ask, &#8220;so what?&#8221;  Foreclosure properties are occasionally mistreated by real estate agents &#8211; some will or let their buyers pull [...]]]></description>
		<wfw:commentRss>http://www.twincitiesrealestateblog.com/2011/fannie-mae-gets-smart-adds-electronic-lock-boxes/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Twin Cities Cash Home Purchases At Record-Breaking Levels</title>
		<link>http://www.twincitiesrealestateblog.com/2011/twin-cities-cash-home-purchases-at-record-breaking-levels/</link>
		<comments>http://www.twincitiesrealestateblog.com/2011/twin-cities-cash-home-purchases-at-record-breaking-levels/#comments</comments>
		<pubDate>Mon, 20 Jun 2011 13:01:50 +0000</pubDate>
		<dc:creator>Aaron Dickinson</dc:creator>
				<category><![CDATA[Crystal Ball Projections]]></category>
		<category><![CDATA[Foreclosures and Short Sales]]></category>
		<category><![CDATA[Info for Buyers]]></category>
		<category><![CDATA[Info for Sellers]]></category>
		<category><![CDATA[investors]]></category>
		<category><![CDATA[Market Stats]]></category>
		<category><![CDATA[cash buyers]]></category>
		<category><![CDATA[cash sales]]></category>

		<guid isPermaLink="false">http://www.twincitiesrealestateblog.com/?p=1862</guid>
		<description><![CDATA[The Twin Cities continues to see spectacular demand from cash home buyers this year and is on track to make 2011 the biggest year ever for cash home purchases.  Since the 1st of this year, fully 1 in 4 home sales recorded by the RMLS of MN have been cash sales &#8211; 3600+ and counting [...]]]></description>
		<wfw:commentRss>http://www.twincitiesrealestateblog.com/2011/twin-cities-cash-home-purchases-at-record-breaking-levels/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Twin Cities Housing By The Numbers: MHP&#8217;s &#8220;2&#215;4&#8243; Report</title>
		<link>http://www.twincitiesrealestateblog.com/2011/twin-cities-housing-mhp-2x4-report/</link>
		<comments>http://www.twincitiesrealestateblog.com/2011/twin-cities-housing-mhp-2x4-report/#comments</comments>
		<pubDate>Fri, 17 Jun 2011 14:52:47 +0000</pubDate>
		<dc:creator>Aaron Dickinson</dc:creator>
				<category><![CDATA[Community Issues]]></category>
		<category><![CDATA[Foreclosures and Short Sales]]></category>
		<category><![CDATA[Landlord]]></category>
		<category><![CDATA[Market Stats]]></category>
		<category><![CDATA[homeless]]></category>
		<category><![CDATA[mhp]]></category>
		<category><![CDATA[rentals]]></category>

		<guid isPermaLink="false">http://www.twincitiesrealestateblog.com/?p=1854</guid>
		<description><![CDATA[The Minnesota Housing Partnership just released their latest version of their &#8220;2&#215;4&#8243; Report and there are some important takeaways: 3.1% The vacancy rate of of rental units in the Twin Cities &#8211; the lowest since 2001 and well under the &#8220;balanced market&#8221; level of 5%. Vacancy rate was over 7% just 18 months ago. $916 [...]]]></description>
		<wfw:commentRss>http://www.twincitiesrealestateblog.com/2011/twin-cities-housing-mhp-2x4-report/feed/</wfw:commentRss>
		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>Twin Cities Housing By The Numbers</title>
		<link>http://www.twincitiesrealestateblog.com/2011/twin-cities-housing-by-the-numbers/</link>
		<comments>http://www.twincitiesrealestateblog.com/2011/twin-cities-housing-by-the-numbers/#comments</comments>
		<pubDate>Wed, 25 May 2011 12:52:09 +0000</pubDate>
		<dc:creator>Aaron Dickinson</dc:creator>
				<category><![CDATA[Community Issues]]></category>
		<category><![CDATA[Foreclosures and Short Sales]]></category>
		<category><![CDATA[Info for Buyers]]></category>
		<category><![CDATA[Market Stats]]></category>

		<guid isPermaLink="false">http://www.twincitiesrealestateblog.com/?p=1845</guid>
		<description><![CDATA[In the Twin Cities we do an excellent job of reporting housing numbers and tracking supply, demand and trends.  Sometimes though the numbers say too much or say too little.  I&#8217;ve taken a couple pieces of data to focus on today: 23,851 Approximate number of homes for sale on the MLS in the Twin Cities [...]]]></description>
		<wfw:commentRss>http://www.twincitiesrealestateblog.com/2011/twin-cities-housing-by-the-numbers/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Cash Buyers Nearly 30% of All February Twin Cities Home Sales</title>
		<link>http://www.twincitiesrealestateblog.com/2011/cash-buyers-nearly-30-percent-of-all-twin-cities-sales/</link>
		<comments>http://www.twincitiesrealestateblog.com/2011/cash-buyers-nearly-30-percent-of-all-twin-cities-sales/#comments</comments>
		<pubDate>Wed, 30 Mar 2011 19:40:12 +0000</pubDate>
		<dc:creator>Aaron Dickinson</dc:creator>
				<category><![CDATA[Community Issues]]></category>
		<category><![CDATA[Foreclosures and Short Sales]]></category>
		<category><![CDATA[Info for Buyers]]></category>
		<category><![CDATA[Info for Sellers]]></category>
		<category><![CDATA[investors]]></category>
		<category><![CDATA[Market Stats]]></category>
		<category><![CDATA[cash buyers]]></category>

		<guid isPermaLink="false">http://www.twincitiesrealestateblog.com/?p=1802</guid>
		<description><![CDATA[February 2011 saw a new record for the percentage of homes sold to cash buyers: a whopping 28.3% of all homes that closed in the month were purchased with cash.  Further, it also represents the largest number of units sold to cash buyers for the month of February: 624 homes sold in February 2011 to [...]]]></description>
		<wfw:commentRss>http://www.twincitiesrealestateblog.com/2011/cash-buyers-nearly-30-percent-of-all-twin-cities-sales/feed/</wfw:commentRss>
		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>Stupidly Slow Short Sales That Seldom Sell</title>
		<link>http://www.twincitiesrealestateblog.com/2011/stupidly-slow-short-sales/</link>
		<comments>http://www.twincitiesrealestateblog.com/2011/stupidly-slow-short-sales/#comments</comments>
		<pubDate>Thu, 17 Mar 2011 03:27:32 +0000</pubDate>
		<dc:creator>Aaron Dickinson</dc:creator>
				<category><![CDATA[Community Issues]]></category>
		<category><![CDATA[Foreclosures and Short Sales]]></category>
		<category><![CDATA[Info for Buyers]]></category>
		<category><![CDATA[Info for Sellers]]></category>
		<category><![CDATA[Market Stats]]></category>
		<category><![CDATA[Opinion]]></category>
		<category><![CDATA[Personal Experiences]]></category>
		<category><![CDATA[Short Sales]]></category>
		<category><![CDATA[short sales]]></category>

		<guid isPermaLink="false">http://www.twincitiesrealestateblog.com/?p=1793</guid>
		<description><![CDATA[Here we are, years into the housing crisis, and it seems like while banks have become pretty good at selling foreclosures they are still horrible at closing short sales.  On average, short sales a have substantially lower chance of closing than traditional or bank owned listings, which means a huge number of short sales fail [...]]]></description>
		<wfw:commentRss>http://www.twincitiesrealestateblog.com/2011/stupidly-slow-short-sales/feed/</wfw:commentRss>
		<slash:comments>2</slash:comments>
		</item>
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