Foreclosures and Short Sales in the Twin Cities Housing Market – Q4 2008 Update

Foreclosures and Short Sales in the Twin Cities Housing Market – Q4 2008 Update

We are pleased to announce the release of the Q4 2008 Update to "Foreclosures and Short Sales in the Twin Cities Housing Market." | VIEW REPORT

Foreclosures and short sales are showing early signs of slowing. During the fourth quarter of 2008, there were 4.3 percent fewer new lender-mediated listings than in the third quarter. That's the first quarter-to-quarter decrease since 2003.

As an added bonus to this report, we have released a new interactive data tool that allows you to sort neighborhoods and cities within the Minneapolis/Saint Paul region.The effects of lender-mediated properties on the submarkets within our larger metropolitan area are quite varied. | TAKE A LOOK