Sure we have had a few hot months of home sales in the Twin Cities, but let’s not kid ourselves this thing is not over after First American CoreLogic released some wicked stats a few days ago.
Further proof that the foreclosures are not letting up
From the Twin Cities Biz Journal
The number of foreclosure filings in the Twin Cities has more than tripled during the past 12 months to an average of 106.7 per day, compared to 30.8 per day for the same period last year.
Want to track what is happening in the Twin Cities with foreclosures and short sales? The Minneapolis Association of Realtors puts out a great quarterly report here that tracks the market.
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