Twin Cities Real Estate Blog

A while back we released the 2nd Quarter Foreclosure (REO) & Short Sales Report, which not only debuted another revision to the methodology that decreased the counts of foreclosures and short sales significantly, but also showed positive trends in this market segment.  Good signs included:

New Lender Mediated listing activity has remained steady over the last [...]

Most of my buyers are NOT housing experts… they are “regular people” and are experts in whatever field they work in but not in real estate.  That’s just fine because that’s why people like me have jobs doing what we do!  One of the most frequent topics that comes up is the differences between traditional [...]

10 months after the Minneapolis/St. Paul area MLS (RMLS of MN) made available the somewhat-useful-but-really-bastardized-lender-mediated-mls-field and 14 months after I started openly pushing for specific fields, they have now come to see the light and are redoing the fields as three separate and distinct fields that address each of the major questions/problems of lender mediated listings:
Three [...]

Today MAAR released the quarterly update to their report: “Foreclosures and Short Sales in the Twin Cities Housing Market,” which was co-developed and authored by Jeff Allen from MAAR and myself.

Today’s headline number is that while foreclosures and short sales (what we call lender mediated sales) are still a large part of our new listings and [...]

Thanks to the Minnesota Homeownership Center Blog for telling me about HousingLink’s Q4 2008 update to their Foreclosure Report.
What’s especially interesting to me is the chart showing foreclosure counts as a percentage of total houses:

MAAR did a similar “heat map” for the Twin Cities, specifically looking at 2008 “lender mediated sales” – which are foreclosures [...]

Today I am pleased to announce the release of the Foreclosures and Short Sales in the Twin Cities Housing Market: Q4 2008 Update.  This is the 4th installment of quarterly reporting of lender mediated sales and their impact in the Greater Minneapolis/St. Paul area, which I co-author with the musically, intellectually, politically and statistically talented Jeff Allen.  2008 reports from quarters [...]

I often get questions on where to find information on foreclosure properties in the Minneapolis/St. Paul area.  Here are a few free resources that you can refer to:
Hennepin County Foreclosures
Dakota County Foreclosures
Search Foreclosures and Short Sales currently for sale
Unfortunately the other counties have not become user-friendly enough to post their sheriff sales onlines… I really [...]