Comments on: Twin Cities Short Sales http://www.minnesotas-real-estate.com/blog/minneapolis-real-estate-news/twin-cities-short-sales/?utm_source=rss&utm_medium=rss&utm_campaign=twin-cities-short-sales Updates on The Minneapolis Real Estate Market Wed, 03 Nov 2010 04:00:08 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Alan Kroll http://www.minnesotas-real-estate.com/blog/minneapolis-real-estate-news/twin-cities-short-sales/comment-page-1/#comment-107 Alan Kroll Tue, 29 Jun 2010 02:03:16 +0000 http://www.minnesotas-real-estate.com/blog/?p=199#comment-107 I appreciate the market stats you provide here. In Northern Virginia our REO inventory is way down from its peak in 4Q2009. I monitor a 7 county area in the Virginia suburbs of Washington DC. Our REO inventory is running at about 15%-20% of the peack market inventory. In our area regular resales sell strongly if priced right, REO properties get multiple offers quite often, and Short Sales are often the best bargains in the market for buyers who are patient enough to wait for them. Thanks again for the stats in your market. Regards, Alan Kroll: Managing Broker RE/MAX Allegiance Ashburn VA I appreciate the market stats you provide here. In Northern Virginia our REO inventory is way down from its peak in 4Q2009. I monitor a 7 county area in the Virginia suburbs of Washington DC. Our REO inventory is running at about 15%-20% of the peack market inventory. In our area regular resales sell strongly if priced right, REO properties get multiple offers quite often, and Short Sales are often the best bargains in the market for buyers who are patient enough to wait for them. Thanks again for the stats in your market.

Regards,

Alan Kroll: Managing Broker
RE/MAX Allegiance Ashburn VA

]]> By: Saint Paul Homes for Sale http://www.minnesotas-real-estate.com/blog/minneapolis-real-estate-news/twin-cities-short-sales/comment-page-1/#comment-85 Saint Paul Homes for Sale Sun, 07 Feb 2010 03:56:31 +0000 http://www.minnesotas-real-estate.com/blog/?p=199#comment-85 Amazing that short sales are double what the foreclosures are. Just a short time ago (no pun intended), foreclosures were all that you would find. I guess Realtors have been doing a good job of educating the public on the advantages of short sales. Amazing that short sales are double what the foreclosures are. Just a short time ago (no pun intended), foreclosures were all that you would find. I guess Realtors have been doing a good job of educating the public on the advantages of short sales.

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