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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Last week I discussed the precipitous drop in Twin Cities Pending Home Sales activity. Today MAAR released another week's activity report and the extended drop in buyer activity continues.While we had a few more ...
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Today the Minneapolis Area Association of REALTORS released their weekly update of housing statistics for the Twin Cities and showed that for the week ending 4/24/2010, there were 1184 properties in the 13 county region that went to "Pending" status, meaning an offer has been accepted by the seller and the property is no longer ...
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