Sales Up, Foreclosure Rate Drops as Distressed Segment Leans Toward Recovery

Minneapolis, Minnesota (June 10, 2011) – Pending sales for May 2011 in the 13-county Twin Cities metropolitan area were up 13.2 percent over last year's post-tax credit market. The 4,428 signed contracts was the second year-over-year increase in the past 13 months. Sellers introduced 7,021 new properties to the market, a 10.8 percent increase from [...]