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Twin Cities Metro Foreclosure and Lender Mediated Real Estate Sales Report, Minneapolis & Saint Paul, MN 55449
The number of short sales and foreclosures available for sale in the Twin Cities Metro area is dropping off dramatically. This chart really shows the drmatic drop starting around January of this year.
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The supply of lender owned properties in the Minneapolis Saint Paul area is dwindling. For each buyer that is looking to purchase a bank-owned property, there are only 1.84 homes (on average) to choose from. Meanwhile, there are plenty of short sales available. This may be due to common problems associated with getting short sales approved, ... more
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