Over 40% of the sales in the Twin Cities currently occurring are foreclosures or short sales, what we at MAAR call "lender mediated sales." The RMLS of Minnesota recently revised their fields regarding foreclosures and short sales (after a year of much confusion over the old fields) and we now have separate fields for in foreclosure, short sale and "lender owned." This is great, but one place it really falls down is the 3rd option allowed for these fields... "not disclosed." In Foreclosure To be honest, I don't … [Read more...]