The LISC Intrastate Foreclosure Risk Scores provide a good starting point to find out which areas are hardest hit by the foreclosure crisis, and where you might want to target your programs and resources. The composite score is based on multiple risk factors (subprime lending, mortgage delinquencies, foreclosures, and vacancies) — you can explore these [...]
Traditional Inventory accounted for 68% of the Inventory in the chart below during the month of April and peaked back in March 2008 while Distressed Inventory peaked in April 2011. Removing Traditional Inventory we can see how Distressed Inventory stacks up by itself. In this chart we get a better visual on how 32% of [...]
Inventory Levels peaked at 15.8 Months of Inventory in December 2008 and have fallen to around 9 Months of Inventory from January 2010 to June 2011 and have been falling ever since. Right now Inventory levels continue to trend down at 6.8 Months of Inventory, which is considered a Balanced Market. Buyer’s Market = 7 Months [...]
In my search to find a source to pull Shadow Inventory Numbers the closest thing I’ve been able to do is compare two sources and I’ll try to determine what the shadow inventory may be the best I can. HousingLink.org releases an annual report on Foreclosure Data every year and has been since 2005. Comparing [...]
The Decline in Inventory Levels in Prior Lake have begun to slow down in the first quarter of 2012 and prices have also started to find their equilibrium. The Absorption Rate in Prior Lake is holding steady at about 7 Months of Inventory, which is a Buyer’s Market. 5 – 7 Months of Inventory is [...]
Inventory in Richfield, MN has been trending down for some time. Currently the Absorption Rate is trending down at 4.8 Months of Inventory, which is barely a Seller’s Market. A Seller’s Market is less than 5 Months of Inventory. Prices have been pretty flat since May 2011, so it’s no surprise that inventory levels have [...]
The last time I talked about distressed homes I questioned whether or not Minnesota will experience a second wave or if we’ve already had our wave, which was pretty subtle if you go back to review the charts. Today I thought I would take a look at the quote below from, Fewer Homeowners Are Behind on [...]
Today I was reading an article on UPI.com, No Sign Yet of Accelerated Foreclosure Processing and read… The inventory of homes awaiting foreclosure continued to grow in February as the number of new foreclosures actually declined, a sign that the recent filed multi-state AG (Attorney General) agreement hasn’t had any early impact on the backlogged foreclosure inventory. [...]
Inventory of homes for sale in Burnsville have been falling steadily since Spring 2011, but not enough to force Home Prices to level off primarily because Burnsville continues to sit in a Buyer’s Market. However, the Absorption Rate in Burnsville has been trending down at 5.4 Months of Inventory, which is nearing a Seller’s Market. [...]
My MLS categorizes Distressed Homes into three categories… Potential Short Sale – Is a home listed for sale that may be a short sale candidate, meaning it might sell for less than the homeowner owes on the mortgage. In Foreclosure – A listing that has had a sheriff’s sale and the homeowner has six months [...]
$74,900 -
15551 Foghorn Lane
Apple Valley
$79,900 -
300 Central Avenue S
New Prague
$299,900 -
12501 Dorchester Trail
Apple Valley
$40,000 -
3215 Newton Avenue N
Minneapolis
$319,900 -
9060 Glenborough Drive
Elko New Market
$299,000 -
6805 Grouse Hollow
Centerville
$169,900 -
3028 Boone Avenue N
New Hope
$419,500 -
1201 N Lakeshore Drive
Lake City
$359,900 -
9170 Woodland Drive
Minnetrista
$54,900 -
1113 Highland Avenue
Northfield
$90,000 -
5220 Fremont Avenue N
Minneapolis
$184,900 -
16775 Hershey Court
Lakeville
$160,000 -
5725 Standish Avenue
Minneapolis
$119,900 -
1101 46th Avenue NE
Columbia Heights
$235,000 -
1408 Albany Avenue
St. Paul
$110,000 -
7190 Jorgensen Lane S
Cottage Grove
$796,000 -
28558 Isle Avenue
Northfield
$95,000 -
1363 Magnolia Avenue E
St. Paul
$99,500 -
3422 Girard Avenue N
Minneapolis
$109,900 -
1308 27th Avenue NE
Minneapolis
$65,000 -
10756 Ilex Street NW
Coon Rapids
$425,000 -
200 Krestwood Drive
Burnsville
$169,900 -
11718 Florida Avenue N
Champlin
$200,000 -
9986 Vervain Drive
Eden Prairie
$154,900 -
514 6th Street W
Hastings
$279,000 -
130 County Road C E
Little Canada
$131,000 -
5555 131st Street W
Savage
$159,900 -
3935 Harbor Lane N
Plymouth
$46,500 -
5959 Camden Avenue N
Brooklyn Center
$185,800 -
610 7th Street
Farmington
$187,900 -
2317 10th Street NE
Sauk Rapids
$99,900 -
3260 Highway 25
Watertown Twp
$289,900 -
25881 Zachary Avenue
Elko New Market
$84,900 -
1032 Larkspur Lane
Waconia
$211,860 -
261 James Parkway
Elko New Market
$134,500 -
715 Roselawn Avenue E
Maplewood
$224,900 -
2421 Clinton Avenue
Minneapolis
$69,900 -
1837 York Avenue
St. Paul
$1,995,000 -
7417 280th Street W
Eureka Twp
$130,000 -
12952 8th Avenue S
Zimmerman
$225,000 -
12742 Portland Circle
Burnsville
$144,000 -
4400 6th Street NE
Columbia Heights
$129,900 -
370 Goodrich Avenue
St. Paul
$114,900 -
3592 Avon Court
Woodbury
$149,000 -
6018 Halifax Avenue N
Brooklyn Center
$124,900 -
4228 Quincy Street NE
Columbia Heights
$140,000 -
14983 Chestnut Lane
Savage
$949,000 -
7507 110th Street E
Northfield
$215,000 -
12265 48th Circle NE
St. Michael
$24,000 -
16534 Franklin Trail SE ,Unit 5C
Prior Lake
This IDX solution is (c) Diverse Solutions 2012.
