Comments on: Twin Cities Short Sales http://www.minnesotas-real-estate.com/blog/minneapolis-real-estate-news/twin-cities-short-sales/ Updates on The Minneapolis Real Estate Market Sat, 21 Aug 2010 04:11:32 +0000 http://wordpress.org/?v=2.9 hourly 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

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