Twin Cities Real Estate Blog

Star Tribune has an article discussing how many houses in foreclosure sit in limbo between the owner that is losing it and the bank that is repossessing it.  There are a few things in the story that aren’t quite right but the gist is good.  Worth a read.  The comments from readers are just sad [...]

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 [...]

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 [...]

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 couldn’t decide what title to use… the one I did or this one: “City Screws Property Owners When no one is Looking” – which do you like better?
I recently received a bill from a twin cities suburb for a foreclosure property I maintain.  Last year after it was abandoned and before I took over [...]

Here is a list of questions to help you figure out if exploring this home-buying avenue is right for you.

1. When do I need to move?

The timeline for foreclosure/lender mediated properties can be unpredictable response times to an offer in short sale or bank owned can vary. You must have flexibility in your closing date [...]

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 [...]