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Happy 4th of July… Stay Tuned for News Next Week

The last 6-8 weeks have been busy and while the real estate market isn't what it used to be, it is still keeping me plenty busy.  In addition, I'm busy working with Jeff Allen to release a 2nd Quarter edition of our Twin Cities foreclosure/short sale report.  Lender mediated sales will be with us for a long time to come so the updated information will give agents and the public a more detailed and current understand of our market.  While the MLS recently implemented a "in foreclosure/bank owned" field, we're … [Read more...]

Poll: What Percentage of Listings on the MLS Are Foreclosures or Short Sales?

I'm looking to gauge the public's opinion on what percentage of active listings on our local MLS are either forecloures (bank owned) or short sales (bank approval needed).  Survey results will be share in the future. Please scroll down for the poll. [poll=2] … [Read more...]

Short Sales & Foreclosures – Home Owner White Collar Crime?

In this difficult housing market, many recent home buyers are either behind in their payments or owe more money on the home than it is worth. For some homeowners behind in their payments, a job loss or other financial calamity accounts for their inability to pay.  For other homeowners, it was that they were sold on a loan with an adjustable rate and often were not properly educated on the implications of the rate adjustment. For people behind in their payments and for which there is simply no way they can make … [Read more...]

Disclaimer

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.