Your friendly (and busy) real estate blogger ran across a couple of relatively promising national housing reports today that were worth noting (in brief):
- Prices of distressed properties increased last year, but those distressed sales (foreclosures and short sales) still made up 43 percent of all transactions last year, according to RealtyTrac. Here's the full report.
- Though the market is still saturated with foreclosures, their presence continues to fade. CoreLogic said that foreclosure inventory during January was down 21 percent from a year ago. That was the 15th-consecutive month of year-over-year declines. Here's a link to the local data.
More from Star Tribune
More From Just Listed
The construction company is packing its bags and will have a new office space this year.
Developer is considering an entertainment venue near light rail station.
The developer needs to find more money to finance its project.
Greco purchased another property in the North Loop of Minneapolis.
The south Minneapolis apartment complex was purchased by a developer with other properties in the area.