Twin Cities Real Estate Blog

A perspective on the Minneapolis/St. Paul housing market

Skip to: Content | Sidebar | Footer

Tag: investors

Investors Competing with Home Buyers on Foreclosures

20 January, 2010 (08:57) | Community Issues, Foreclosures and Short Sales, Info for Buyers, Market Stats, Opinion, Personal Experiences, investors, special financing | By: Aaron Dickinson - Edina Realty

In the last 12 months I’ve had a few situations where my client’s offer on a foreclosure was rejected in favor of a cash offer.  In my office, I know of many others that have experienced the same thing.
With the data provided by RMLS that I used yesterday to comment about FHA transactions, I am also able [...]

FHA Loans Make up Nearly 40% of Real Estate Sales in Twin Cities in 2009

19 January, 2010 (08:10) | Community Issues, Info for Buyers, Info for Sellers, Mortgage Rates, Opinion | By: Aaron Dickinson - Edina Realty

The housing market continues to change and one of the largest changes in 2009 was the resurgence of FHA financing.  As lenders have tighted up financing requirements and increased down payments from 0% a few years ago to predominantly 10% today, FHA’s more forgiving standards and lower 3.5% down payment requirement have made it a very [...]


Get Adobe Flash playerPlugin by wpburn.com wordpress themes