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Minnesota Preforeclosure Notices Drop 25%
My friends at the Minnesota Home Ownership Center released an update to their preforeclosure stats today that show preforeclosure notices are down 25% from a year ago and 17% from last quarter: This is...
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Twin Cities Foreclosure Forecast: Fewer Foreclosures in 2013
I’m a huge data nerd. I stare at charts and data almost daily to get a better sense of what’s going on in the housing market. One of the more interesting datasets I look at is foreclosure activity....
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Twin Cities Preforeclosure Notices at 2nd Lowest Since 2009
More good news for the Twin Cities Housing Market. The Minnesota Home Ownership Center just released their Q3 2012 preforeclosure data. While there was a slight uptick in notices for the third...
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Twin Cities Foreclosure Homes For Sale Down 60% From Peak
Twin Cities foreclosure and short sale inventory continues to drop like a rock, with foreclosures for sale down an astounding 60% and short sales for sale down 54% from their peaks: With buyer demand...
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Twin Cities Traditional Seller Inventory Down 70%
Where have all the Traditional Sellers gone? While foreclosures are down 60% and short sales are down 54%, Traditional Seller homes for sale are down an eye-popping 70% from their peak in 2007! Seller...
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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...
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Twin Cities Preforeclosure Activity Remains Sharply Lower
The Minnesota Home Ownership Center released their quarterly preforeclosure notice data and the new is overall very good. Preforeclosure notices did tick up in the Twin Cities in Q1 2013 however the...
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Housing Market’s Virtuous Cycle
The housing market has come roaring back in many markets throughout the U.S. and some have been questioning whether the surge of activity we’re seeing has staying power. In many markets, from 2008...
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Minnesota Foreclosures Continue Decline
HousingLink just released their latest foreclosure report showing the strong declines in sheriff sales continues. Once a sheriff sale has occurred, most properties will be listed by the bank that...
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Minnesota Foreclosure Activity Lowest Since 2006
HousingLink has just released their latest foreclosure report showing that Minnesota’s foreclosure activity continues to decline and in the 3rd quarter of this year was the lowest it had been since...
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