Foreclosures and Short Sales in the Twin Cities
The Minneapolis Area Association of REALTORS® has released "Foreclosures and Short Sales in the Twin Cities Housing Market," a special new research report that attempts to answer some of the more pressing questions surrounding lender-mediated properties. Includes an analysis of current inventory, new listings, closed sales, sales prices, and the impact that the growth of lender-mediated properties is having on each trend.
The data was gathered and analyzed by MAAR staff in collaboration with Aaron Dickinson, REALTOR® member with Edina Realty, and utilizes a new data approach based upon information from the NorthstarMLS system.
To share comments or questions on this new report, please contact Jeff Allen, MAAR Research Manager, at jeffa@mplsrealtor.com or Aaron Dickinson at aarondickinson@edinarealty.com.