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
Brisky Commercial Real Estate moves into Washington Square.
The professional services firm has settled into its new office in downtown Minneapolis.
The 229-suite hotel will be renovated next year.
The renovation of the four-story structure should cost between $15 and $20 million.
Opus has begun the final phase of its development of the Valley Park Business Center in Shakopee.
Recommended For You
Natalie Maines & Co. play to 30,000 fans at the grandstand, with or without forgiveness.
Hillary Clinton said Thursday that Donald Trump has unleashed the "radical fringe" within the Republican Party, including anti-Semites and white supremacists, dubbing the billionaire businessman's campaign as one that will "make America hate again."
It's the fourth-largest infrastructure item in Hodges' budget proposal, which was released last week and must be approved by the City Council.
Greg Davids and Paul Torkelson
Good leaders would direct their attention to where they can help, not to where they'll meet head-on with unaddressed costs and litigation.
Having built a Norse-inspired vessel, the two are testing it -- and themselves -- with a journey down the Mississippi River.
Recommended For You
Single-family sales were up - beating expectations - while distressed sales fell
2.37 percent of all mortgages were 90 days or more late
A cool November for home sales brought the housing market in the Twin Cities one step closer to a buyer's market. "Buyers seem to be back in the driver's seat this winter," one agent says.
Pending sales were up 39 percent during the last week of April.
No winter doldrums this January as Twin Cities home sales rose 11 percent. It could be a harbinger of strong spring sales.