New Facebook Group Created - 12/09/08 07:06 PM
I just wanted to let everyone know that I have started a new group on facebook called Looking to Invest in Foreclosures. It is a group that anyone can join if they have questions about the foreclosure market or if they just want to see some of the topics that I discuss. Also if you would like to be setup on an automatic email, I would be more then happy to do that for you. A link to the website is below.
 
http://www.facebook.com/home.php?ref=home#/group.php?gid=50346496257&ref=ts
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Twin Cities Market Update for the Week of 12/08/2008 - 12/08/08 04:30 PM
As we mentioned last week, the presence of Thanksgiving in our reporting dates is throwing off the weekly numbers considerably for last week and this week. After last week's numbers showed massive increases in listings and sales over last year, this week's numbers predictably show large decreases. For the week ending November 29, new listings fell by 45.2 percent compared to last year, while pending sales fell by 20.5 percent. Check back next week when we return to a more reliable year-over-year comparison.This week's edition of the Weekly Market Activity Report features updated figures for some important metrics. The Housing Affordability … (0 comments)

Twin Cities Market Update 12/01/2008 - 12/02/08 05:09 PM
Comparing weekly activity for the next two weeks will be mostly worthless for one simple reason. Thanksgiving occurred a week earlier in 2007 than it did in 2008, and the expected downward swoon which takes place during the turkey holiday makes year-over-year comparisons difficult. For instance, our numbers this week state that new listings and pending sales for the week ending November 22, 2008 are up 36.5 percent and 74.5 percent over the same week last year, respectively. Yowzers! This isn't indicative of an actual huge upswing in activity but rather the vagaries of where Thanksgiving lies in any given year. … (0 comments)

 

Doug Peterson

Woodbury, MN

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Coldwell Banker Burnet

Address: 7645 Currell Blvd, Woodbury, MN, 55125

Office Phone: (651) 730-2657

Cell Phone: (651) 216-8594

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