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Recent Blog Posts by Mary Leizinger

Shadow Inventory

I saw an interesting article on Inman News today.  An estimate is being made as to how many months it will take to clear the "Shadow Inventory" of distressed properties.  The analysis suggests that it will take about 4 years to clear the mess on a national basis.  In the Minneapolis market, the shadow inventory is still rising, up 10% from 3rd to 4th quarter of 2010, ...
Posted by Mary Leizinger @ 12:00 AM on 02/04/2011
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Some observations in Scott County

During July, I've done a lot of showing in Scott County including town homes below $150 and single family homes below $300.  While there is a good amount of inventory, I noted that especially among short-sale and foreclosure properties, that they were selling quickly and many of them have multiple back-up offers stacked up waiting for a bank to respond to the original accepted offer.  ...
Posted by Mary Leizinger @ 11:29 AM on 07/31/2009
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