Twin Cities Sudden Buyer’s Market

In 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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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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2010 Twin Cities Pre-Foreclosure Notices up 20% vs 2009

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%:

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House/Condo/Townhome Rentals Coming Soon to Twin Cities MLS

The Minnesota Association of REALTORS is preparing to release standardized forms to allow REALTORS in all of Minnesota to more easily represent both landlords and prospective tenants in leasing situations and simplify transactions ...

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USDA Rural Development Program Receives Cash Infusion

According to the National Association of REALTORS, the USDA will once again have funding for their guaranteed loan program:------------------------------------------------------------- Thousands of Rural Home Buyers Aided by Passage of Housing Funding Measure Washington, July 28, 2010The restoration of the single-family rural housing program that would guarantee home loans for rural buyers was passed by the ...

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