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Twin Cities Preforeclosure Notices Down 45%


The positive trends in housing continue as the Minnesota Home Ownership Center released Q4 2012 preforeclosure notice statistics that show such notices declined an astounding 45% from a year ago in both the Twin Cities and Minnesota as a whole: (click on images for a full view) As preforeclosure notices proceed a sheriff sale by 2-6 months, the continued decline of notices foretells future declines in sheriff sales and the continued waning of foreclosures in our housing market. There were still 39,000 … [Read more...]

Twin Cities Short Sales Help

No matter what happens with the economy, interest rates and house prices, the next few years we will continue to see both foreclosures and short sales.  From an owner's perspective, a short sale will often do less damage to their credit than a foreclosure - though in many cases the damage can be almost equal. There is a lot of work that goes into a short sale and lots to watch out for. If you or someone you know is considering your options, my coworkers and I can help explain the process, direct you to … [Read more...]


TwinCitiesRealEstateBlog.com is not a Multiple Listing Service MLS, nor does it offer MLS access.
This website is a service of Aaron Dickinson of Edina Realty, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc.