Tag Archive | "Time Frame"

Prices lowest since crises began.

The latest Standard & Poors S&P Shiller Home Price Index which came out Tuesday doesn’t bode well for the Cities at all.

In case you don’t know, I am referring to an index which is a composite 20 metropolitan area indices. It is a 3 month moving average of house prices.

Only one of the 20 metro areas showed an increase in prices from a year ago. That means 19 showed prices continuing to fall. And the greatest decline in prices, percentage-wise from those 19 metro areas – was…. yes you guessed it – Minneaplois.

Housing prices fell 10% in March from the same time frame in 2010.

It looks like prices have dipped to the lowest point since this real estate crisis started.

How low can we go? Good question. I wish I knew the answer.

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Minnesota finishes out 3rd Q in 25th place for foreclosures.

According to a report sited in the Minneapolis St Paul Business Journal, Minnesota finished the 3rd quarter in 25th place for foreclosures.

The figures they sited saw 9499 homes receiving foreclosure notices in that time frame. That comes out to one out of 245 homes. That is an increase from the previous quarter of about 5 1/2%.

But I guess if you are searching for some kind of good news to take away from the numbers – you can look at the 3rd quarter figures for ’09 – which were a little more than 10 1/2% higher.

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Kelley Blue Book Used Vehicle Prices

MN auction inventories

What are you looking for?

We can probably point you in the right direction.
MN used trucks and cars