« How Do You Measure Home Values? | Main | Weekly Market Activity Report 4.7.08 »

April 04, 2008

Comments

Troy

How many of the home sales < $200K are foreclosure pickups? If the foreclosures were omitted from the data set, would even the lower brackets have negative numbers are far as home sales, etc.?

Jeff Allen

An excellent question, Troy and a tough one to answer with complete accuracy.

Anecdotally, I'm sure many agents (and their clients) would attest that the growth in activity in the lower price ranges very likely has something to do with the increase in foreclosures. But I don't have a hard-and-fast number I can provide you on that subject, unfortunately.

The comments to this entry are closed.

The Skinny



  • Sponsored by Royal Credit Union www.rcu.org

Today in the Market


  • Updated every Monday with the latest activity from the Twin Cities housing market.

  • A quick and easy monthly look at the Twin Cities housing market.

  • A look at the supply of homes for sale and absorption rates in the Twin Cities by price range, property type and construction status.

  • Monthly housing activity updates for more than 350 cities in the Twin Cities metropolitan area.

  • The definitive annual housing market report of sales and price trends, historical data and commentary for the entire Minneapolis–Saint Paul metropolitan area.

  • An interactive market analytics tool from 10K Research and Marketing, a division of the Minneapolis Area Association of REALTORS®. Updated nightly.