Photos, Satellite Pictures or Area Images
Minneapolis is passing through a growing moment in foreclosure market. Nowadays, we have 290 foreclosures available in the city. And compared to last month things got easier for those who want to invest, with more foreclosures in the market and more chances of deals. Minneapolis started September with 139 foreclosures available. October registered a fall to 139 homes, or 0.00%. The city had a growth in November: 1.44%, leaving 141 properties in the market. Things got better in December with a increase to 188 homes in foreclosure available (33.33%). Opportunities kept abundant for buyers last month, with another rise, when Minneapolis registered 256 foreclosures, a 36.17% increase comparing to December.
As for the cost, Minneapolis has a huge difference in prices comparing to all US. Nowadays, investors can buy foreclosure homes in Minneapolis for $115,810, a value 32.18% below the US average price ($170,764), and a 0.00% decrease compared to the prices of January in the city.