foreclosure Archives - Hometown Realty

Foreclosure and Short Sales

Foreclosure and Short Sales at Lowest Level Since 2007 Minneapolis, Minnesota (September 12, 2013) – Twin Cities home buyers were unflustered by slightly higher interest rates in August as pending sales were up 10.9 percent to 5,244. Along with rising prices, increased sales activity is fueling housing demand, while buyers continue to watch inventory levels [...]

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 [...]