HomeMy WebLinkAbout2009 12-15 HCA AGENDA
BROOKLYN CENTER HOUSING COMMISSION
December 15, 2009
7:00 p.m.
Council/Commission Room
Brooklyn Center City Hall
1. Call to Order: 7:00 p.m.
2. Roll Call
3. Approval of Agenda
4. Approval of Minutes November 17, 2009 Minutes will be a handout at
the meeting
5. Chairperson's Report
6. Council Liaison Report
7. Review of Draft Administrative Penalties Ordinance
8. Present Suinmary of Housing Commission Duties and Responsibilities
Review
9. How to Increase Advisory Commission Participation in Ordinance
Cr�ation, Review and Update Process
10. How to Increase Advisory Commission Participation in Neighborhood
Organization Meetings (Invitations to December 15, 2009 Housing
Corrunission Meeting)
11. Discussion: Investor Relations/ Brooklyn Center Housing Market
12. Other Business
13. Adjournment
INFORMATION FOR AGENDA ITEM #7 WILL BE
SENT ELECTRONICALLY
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Housing Commission Agenda
November 17, 2009 Meeting
Invitees
Assistant City Manager Vickie Schleuning
Crime Specialist Becky Boie
A�enda
1. Approval of July and October Meeting Minutes.
2. Present summary of Housing Commission Duties and Responsibilities Review.
3: Recommendations Regarding Duties and Responsibilities Review.
4. How to increase Advisory Commission participation in Ordinance Creation, Review
Update process.
5. How to increase Advisory Commission participation in Neighborhood Organization
Meetings.
Aaenda Outline
1. Approval of July and October Meeting Minutes.
2. Present summary of Housing Commission Duties and Responsibilities Review.
a. The combined passing of time, increased staff support and resultant efficiencies
prompted our review of Housing Commission Duties and Responsibilities.
b. This review took place on July 12, 2009 during a workshop hosted at the home of
Chair Steve Landis.
c. Review Summary. I
d. Discussion as needed.
3. Recommendations Regarding Duties and Responsibilities Review. i,
a. Suggest Staff, City Council, Advisory Commissions and perhaps Charter
Commission partner for review, update and potential realignment of Duties and
Responsibilities for all Advisory Commissions.
b. Update and realignment would result in duties and responsibilities more
accurately reflecting current needs and priorities by and for Staff, City Council
and Advisory Commissions.
c. The goal would be to create more effective partnerships between Staff, City
Council and Advisory Commissions thereby providing value added service for the
citizens of Brooklyn Center.
d. Discussion.
4. How to increase Advisory Commission participation in Ordinance Creation, Review
Update process.
a. One of the existing Duties and Responsibilities of the Housing Commission is to
"Develop and recommend standards for occupancy and maintenance of housing
for the community."
b. Housing Commission would like to la a lar er role in the rocess of creatin
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reviewing and updating housing related standards and ordinances.
c. Roles could include an ongoing review of existing ordinances and
recommendations for updates, additions or improvements to processes relating
to the enforcement of ordinances.
d. Recent opportunity to participate in an ordinance related appeal process (existing
duty and responsibility) and review subsequent processes by Staff, City Council
and a resident encourages commission members to believe we could play a
more active role in increasing the effectiveness of ordinances and enforcement
processes.
e. This effort could reduce the burden on Staff and improve experiences for the
citizens of Brooklyn Center.
f. Discussion.
5. How to increase Advisory Commission participation in Neighborhood Meetings.
a. One of the existing Duties and Responsibilities of the Housing Commission is to
"Serve as a forum for the citizens of Brooklyn Center to voice their opinions
regarding housing matters."
b. While our scheduled meetings are open to the public, historically there has been
little interest by citizens to attend.
c. We would like to suggest partnering with Crime Prevention, Code Compliance
and Staff outreach efforts during neighborhood meetings.
d. This would be another value-add for our residents and would provide a forum for
housing matters related or ancillary to crime reduction efforts.
e. Questions:
i. How many groups exist and how are the groups led?
ii. What neighborhoods are under-represented and how can members of
this Advisory Commission assist in the formation or leadership of such
groups?
iii. Can Housing Commission members be included in all communication
regarding neighborhood groups and their scheduled meetings?
iv. Can the Housing Commission be included as part of ongoing agenda if
for no other reason than to be available during or after such meetings to
act as a forum for citizens regarding housing matters?
f. Discussion.
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Brookiyn Center—Housing Commission—Chair's Report
Sunday, Juty 12, 2009
ChairQerson's Re�ort
This meeting was held at the home of Chairperson Steve Landis' home at 7118 Grimes Avenue North.
The public was invited to attend via scheduling on the Brooklyn Center website. Lunch was provided to
attendees.
Call to Order
Lunch was held at 12:00. the meeting begain at 12:30 PM.
Roll Call
The following Commissioners were present with Judy Thorbus absent (vacation): Steve Landis (Chair),
Kathie Amadahl, Gretchen Knutson, Kris Lawrence-Anderson, James Richards and Joshua Xiong.
Approval of Agenda
Approved. The agenda included a review of Housing Commission Duties and Responsibilities.
Approval of Minutes
No minutes reviewed.
Chairperson's Report
1. This meeting began with a general review of "neighborhood health" with reports from all
commissioners rgpresenting each of the Commission Districts. Consensus is that the general
health of our neighborhoods is improving. Realtor James Richards reports housing prices are on
the rise to include but not limited to foreclosed and (general) sale properties.
2. There was minor discussion regarding the Brookdale Mall property. Action item: Request City
Staff provide a recurring report on current ownership and tax (payment) status.
3. General discussion held regarding Housing Commission Duties and Responsibilities with a
reflection that the current Charter has not been updated since 2006, is likely outdated and may
require revision.
4. Reviewed other Advisory Group Charters including Planning Commission, identifying the potential
that other Charters may be out of date and in need of review, update and potential realignment.
5. Actton Item: Would like to suggest City Staff, City City Council and potentially the Charter
Commission team to review Duties and Responsibilities for all Advisory Commissions for
accuracy, update and possible realignment of Duties and Responsibilities.
City Council Liaison Report
City Council Liaison not present. No report given.
Review Housina Commission Duties and Resoonsibilities Review
1. Advise, investigate and review relevant rnatters for the City City Council.
Comments. Vague but broad enough for flexibility in tasking.
2. Develop an overa�l plan for housing in line with the comprehensive plan for Brooklyn Center and the
needs of the metropolitan area.
Comments. No such plan outside the Comprehensive Plan exists to the best of our knowledge. There
may be opportunityto create a plan or framework which further supports the Comprehensive Plan or in
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any event assists City Staff, City Council and the residents of Brooklyn Center in identifying and planning
for changes to housing needs.
3. Serve as a forum for the citizens of Brooklyn Center to voice their opinions regarding fiousing matters.
Comments: Historically there have been few opportunities which have driven citizen input at the Housing
Comnission level. We woutd like to explore additional opportunities to act as a forum and thereby assist
City Staff, City Council and the residents oi Brooklyn Center.
4. Work closely with the Planning Commission and all other commissions on matters regarding housing.
Comments: We would like to see more cross-functionality, joint meetings and in general better
communication between all Advisory Commissions specific or ancillary to housing needs.
5. Work with the neighborhood advisory committees of the Planning Commission to understand the
housing needs of each area of Brooklyn Center.
Comments. Based on feedback from City Staff, Neighborhood Advisory Committees are no longer used.
6. Develop and recommend standards for occupancy and maintenance of housing for the community.
Comments. It was noted that Brooklyn Center's City Staff are doing an excellent job of developing these
standards. As chartered, the Housing Commission would like to play a more active role in the process of
reviewing, updating or creating standards and improving processes overall.
7. Study the feasibility of establishing an occupancy permit program in conjunction with a housing
maintenance code in Brooklyn Center.
Comments. Building Code, Chapter 3 and Building Maintenance and Occupancy Chapter 12 appear to
cover this requirement which could be further reviewed as necessary.
8. Investigate new and innovative concepts in housing for the communiry.
Comments. Seems to work in conjunction with Item #2 and may be redundant.
9. Develop and recommend programs which will provide quality housing for low and moderate income
citizens.
Comments. Ongoing by City Staff and City City Council. Low and moderate income housing is well or
over represented in Brooklyn Center. Believe City Staff and City Council are addressing this matter on an
ongoing basis.
10. Develop and recommend a rehabilitation program as needed forexisting housing in Brooklyn Center,
especially for major maintenance and energy modernization projects.
Comments. Plans are in today which address most of these needs. Energy may be an area we could
play a larger role. Action item: City Staff please provide recurring status report of all programs relating to
rehabilitation and sale of forec�osed vacant properties to inctude but not limited to: Vacant Building
(ordinance), Home Ownership Purchase Program, VacantWatch Program, ReNew Home Purchase
Program etc.
11. Unde�stand the financia� resources available to the citizens in Brooklyn Center as it relates to
housing.
Action item: City Staff please provide recurring status report of all financial resources (or programs)
available to the citizens in Brooklyn Center.
12. Investigate all housing programs in terms of life safety.
Comments. Believe existing sta�dards for occupancy and mainienance meet the needs for safety.
Housing Commission could play a larger role in reviewing, updating or adding to programs or ordinances
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specific to life safety. As an aside, increased life safety and compliance with Building Maintenance Codes
would likely be improved through implementation of Point of Sale inspections.
13. Provide education seminars for the citizens of Brooklyn Center in matters of housing.
Comments. See Items 3. In conjunctio� with City Staff (including Code Compliance) and City Council,
the Housing Commission would like to be integrated into any outreacti efforts aimed at the residePts of
Brooklyn Center.
14. Serve as the initial review and advisory body for the Board of Appeals regarding contested
compliance orders pursuant to the Housing Maintenance and Occupancy Ordinance, Sections 12-1202
and 12-1203.
Comments. This is a valid, ongoing process.
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RESOLLTTION NO. 73-140
RESOLUTION NO. 75-97
RESOLUTION NO. 77-22
RESOLUTION NO. 87-131
RESOLUTION NO. 92-136
RESOLUTION N0. 95-79
RESOLUTION N0. 98-13
RESOLUTION ESTABLISHING A BROOKLYN CENTER HOUSING
COMMISSION AND DEFINING DUTIES AND RESPONSIBILITIES
THEREFOR
WHEREAS, the housing situation in Brooklyn Center has reached a point in its
development which requires a concentrated effort in the development of housing standards to
protect the quality of life in the community; and
WHEREAS, Brooklyn Center �shows the beginning of some housing deterioration
and it is a common fact that deterioration can quickly reach a point where repair is no longer
feasible and deterioration will then spread to the entire neighborhood causing blight; and
WHEREAS, for a housing program to be successful, it must involve citizen
participation to tailor the program to the citizens of Brooklyn Center; and
WHEREAS, the City of Brooklyn Center being a progressive community, must
commit itself to the maintenance of quality housing for its citizens.
NOW, THEREFORE, BE TT RESOLVED by the Brooklyn Center City Council
that there is hereby established within the City of Brooklyn Center an advisory Housing
Commission as follows:
Subdivision 1. TTTLE: This organi7.ation shall be known as the Brooklyn Center
H01151IIg COTIIII11S510II.
Subdivision 2. SCOPE: The scope of activity of this Commission shall consist of
advising the City Council and other Brooklyn Center advisory commissions
regarding matters relevant to housing.
Subdivision 3. PURPOSE: The general purpose of this Commission shall be to
afford citizen input in the development of a housing program to suppleinent the
activities of the City Council.
Subdivision 4. DUTIES AND RESPONSIBII.I'TIES: In fulfillment of its purpose,
the duties and responsibilities of the Commission shall be to:
1. Advise, investigate and review relevant matters for the City Council.
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2. Develop an overall plan for housing in line with the comprehensive plan
for Brooklyn Center and the needs of the metropolitan area.
3. Serve as a forum for the citizens of Brooklyn Center to voice their
opinions regarding housing matters.
4. Work closely with the Plaruiing Commission and all other commissions
on matters regarding housing.
5. Work with the neighborhood advisory committees of the Planning
Commission to understand the housing needs of each area of Brooklyn
Center.
6. Develop and recommend standards for occupancy and maintenance of
housing for the community.
7. Study the feasibility of establishing an occupancy permit program in
conjunction with a housing maintenance code in Brooklyn Center.
8. Investigate new and innovative concepts in housing for the community.
9. Develop and recommend programs which will provide quality housing
for low and moderate income citizens.
10. Develop and recommend a rehabilitation program as needed for existing
housing in Brooklyn Center, especially for major maintenance and
energy modernization projects.
11. Understand the financial resources available to the citizens in Brooklyn
Center as it relates to housing.
12. Investigate all housing programs in terms of life safety.
13. Provide education seminars for the citizens of Brooklyn Center in
matters of housing.
14. Serve as the initial review and advisory body for the Board of Appeals
regarding contested compliance orders pursuant to the Housing
Maintenance and Occupancy Ordinance, Sections 12-1202 and 12-1203.
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15. Assist the Planning Commission in reviewing and discussing a
redevelopment policy for the City of Brooklyn Center, and make
recommendations to the City Council with regard to redevelopment in
the City.
Subdivision 5. COMPOSITION: The Commission shall be composed of a
Chairperson and eight (8) members, all of whom shall be appointed and serve as
set forth in Subdivision 6.
Subdivision 6. MEMBERS METHOD OF SELECTION—TERM OF
OFFICE—REMOVAL:
Chairnerson: The Chairperson shall be elected by majority vote of the Housing
Commission membership. The election shall be conducted at the Housing
Commission's first regular meeting of the calendar year, or, in the case of a
vacancy, within two regularly scheduled Housing Commission meetings from the
time a vacancy of the chair occurs. The Chairperson may be removed by majority
vote of the Housing Commission membership. The Chairperson shall assure
fulfillment of the following responsibilities in addition to those otherwise described
herein:
1. Preside over meetings of the Commission;
2. Appeaz or appoint a representative to appeaz, as necessary, before City
advisory commissions and the City Council to present the viewpoint of
the Cotnmission in matters pertaining to housing, as it relates to
business under consideration by said commissions or City Council;
3. Review all official minutes of the City Council and other advisory
commissions for the purpose of informing the Housing Commission of
matxers relevant to housing;
4. Provide liaison with other governmental and voluntary organizations on
matters relevant to housing.
y�e Chairoerson A Vice Chaiiperson shall be appointed annually by the
Chairperson from the members of the Commission. The Vice Chairperson shall
perform such duties as may be assigned by the Chairperson and shall assume the
responsibilities of the chair in the absence of the Chairperson.
Nl�mb�rs' Term of Office: Members of the Commission shall be appointed by the
Mayor with majority consent of the Council. The terms of office shall be
staggered three-year terms, except that any person appointed to fill a vacancy
occurting prior to the e�cpiration of the term for which his or her predecessor was
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appointed shall be appointed only for the remainder of such term. Upon expiration
of his or her term of office, a member shall continue to serve until his or her
successor is appointed and shall have qualified. Te�s of o�ce for members of
the Commission shall expire on December 31 of respective calendar years.
In the event an appointed Commissioner suffers from an extended illness,
disability, or other activity preventing proper fulfillment of duties, responsibilities,
rules and regulations of the Commission, the Comrnissioner may be temporarily
replaced during the temporary leave by an interim Comrnissioner appointed by the
Mayor with majority consent of the City Council.
Qualifications for Member hiD: Members of the Commission shall be residents of
the C'ity of Brooklyn Center while serving on the Commission, shall have been
residents of said City for at least one year prior to their appointrrrent, and shall
represent a broad range of interest in the housing function.
Re.presentation ReQUirements: Due regard shall be given by the Mayor and City
Council in appointing Commission members which will take into consideration
geographical distribution within the City, as described in Subdivision 11, and the
representative nature of the Commission in terms of gender, religion, ethnic,
racial, age, handicapped, employee, and employer groups.
CorLflict of LntPrest: No Commissioner shall take part in the consideration of any
matter wherein he or she is the applicant, petitioner, or appellant, nor in the
consideration of any application, petition, or appeal wherein his or her interest
might reasonably be expected to affect his or her impartiality.
Initial ,�ointment: The Commission under this resolution shall become effective
September 1, 1973, and shall consist of three members appointed for a term
through December 1974, three members appointed for a term through December
1975, and three members appointed for a term through December 1976.
Resignations—Removal .frQm Office-Varancies: Commissioners may resign
voluntarily or may be removed from office by the Mayor with consent by majority
vote of the City Council. Three consecutive unexcused absences from the duly
called Commission meetings or unexcused absences from a majority of duly called
Commission meetings within one calendaz year shall constitute automatic
resignation from office. The City Council liaison shall inform the Mayor and City
Council of such automatic resignations. Vacancies in the Commission shall be
filled by Mayoral appointment with majority consent of the City Council. The
procedure for filling Commission vacancies is as follows:
1. Notices of vacancies shall be posted for 30 days before any o�cial City
Council action is taken;
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2. Vacancies shall be announced in the City's official newspaper;
3. Notices of vacancies shall be sent to all members of standing advisory
commissions;
4. Applicadons for Commission merr�bership must be obtained in the City
Clerk's office and must be submitted in writing to the City Clerk;
5. The City Clerk shall forward copies of the applications to the Mayor
and City Council;
6. The Mayor shall identify and include the nominee's application form in
the City Council agenda materials for the City Council meeting at
which the nominee is presented;
7. The City Council, by majority vote, may approve an appointment at the
City Council meeting at which the nominee is presented.
�om�ensation: Commissioners shall serve without compensation.
Subdivision 7. RULES AND PROCEDURES: The Commission shall adopt such
rules and procedures not inconsistent with these provisions as may be necessary for
the proper execution and conduct of business.
Subdivision 8. MEETINGS: The initial meeting of the Commission shall be
convened at the call of the Chaitperson during October 1973. Thereafcer, regular
meetings shall be held with date and time to be determined by the Commission.
Special meetings may be cailed by the Chairperson.
Subdivision 9. STAFF: The City Manager shall assign one rnember of the
administrative staff to serve as staff to the Commission. The staff inember
assigned shall perform such clerical and research duties on behalf of the
commission as may be assigned by the Chairperson or the City Manager.
Subdivision 10. EX OFFICIO MEMBERS: The Mayor or his or her
Councilperson-appointee shall serve as an ex officio member of the Commission,
privileged to speak on any matter but without a vote, and shall provide a liaison
between the Commission and the City Council.
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Subdivision 11. NEIGHBORHOODS:
Neighborhoods pescribed:
Southeast Neighborhood: The Southeast neighborhood shall be bordered on the
south by the south city lirnits; on the east by the 1Vlississippi River; on the north by
FAI-94; and on the west by Shingle Creek.
Northeast Neighborhood: The Northeast neighborhood shall be bordered on the
south by FAI-94; on the east by the Mississippi River; on the north by the north
city limits; and on the west by Shingle Creek.
Northwest Neighborhood: The Northwest neighborhood shall be bordered on the
south by FAI-94; on the east by Shingle Creek; on the north by the north city
limits; and on the west by the west city limits.
West Central Neighborhood: The West Central neighborhood shall be bordered
on the south by County Road 10; on the east by Brooklyn Boulevard; on the north
by FAI-94; and on the west by the west city limits.
Central Neighborhood: The Central neighborhood shall be bordered on the south
by County Road 10; on the east by Shingle Creek; on the north by FAI-94; and on
the west by Brooklyn Boulevard.
Southwest Neighborhood: The Southwest neighborhood shall be bordered on the
south by the south city limits; on the east by Shingle Creek; on the north by
County Road 10; and on the west by the west city limits.
Neighborhood Advisory Committees: Commissioners shall be assigned by the
Chairperson as liaison to neighborhood ad�isory committees of the Planning
Commission. It will then be a responsibility of each neighborhood advisory
committee of the Planning Commission to review housing matters and present the
neighborhood attitudes and opuuons on general and spec�c housing programs
directly affecting that neighborhood.
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Market Updates for a.o5 Twin Cities Communities
�A1eaAasocFatlonofREALTOR3� MINIVEAPOLIS AREA Asso<fattan s
A iree iasearch 4od tram ux minsaapo R E A LT O R S
groughtSo you by the unique �h-sharin0 6aCRbre o} the REALTOR6 commurdbf
B1"OOklyl7 Cerltet" Sep�ember Year to Date
CountyyMN�.�A.���.��M 20R8 2009 Change 2�8 2009 Chanfle
H� 97 78 -19.6°,6 867 787 -9.2°.b
�aMs 50 46 S-� 252
ar� �a�es Price $111 �000 5129,25d 16.4°k $125,000
iaverageSa(�Price J 5110,109 5116,923 +8.2°.b $124,935 591.848 26.596
Peroentof Oripinal List Price Received at Sale� 88.9°,6 �00.8°i6 13.396 87.996 92.3%
Average 1]ays on Market Until Sal� 168 74D -16.7°k t7'l 149 -13�0°�
Single-Famfly Defatited Inventory 317 162 -48.9%
Townhouse-Condo Inventory ,M ,S R 50 25 -50.0°�
'OOes nat acmuM for Yst prices from arry prevbus Nstlng contrac� "C�11 markottime Flgures are W sed on GLmupWe Daye on Marke; wMCh aoea aecoird for P�bus IlsUng coMncts
Acttvltya—Most Reaent P�onth Acfivif�—Year to Date
2008 gg� 2008
s� a 2Q09 7s7 20DA
78 515
50 46
2:i2
New Listings Cbsed Sates New Ustings Cbsed Sa es
Median Sat�s PrEce essen of Original List Price Recelve
E129,250 5125.D00 2 f
5111,000 �[2008 2a%
M 2009 ee.e% Y 2009 .8%
S83A30
September Year to Oate BppbNt�r Year to a e
Invento of Homes for SaTe
�.Average l?ays on Ntarket Untii Sale TY
r .,r� s�� �2008
71
R12008 149 2009
�40 ■2009
182� r
September Year to Date ti Sinqle-Fa ily De T��s�
Some of Ute figures referenced in this report are for only one month worttt of actfvity. As such, fhey can sametimes look extreme due
to the small sample size Involved. For broedor historicel markat information, please feel free to coniact us.
O 2009 Minn�polis Area AssoWetion af R�TOR9�. Inc. f Spottso�ed bY Royal C�ed� Unlon w'�'.�'0�9
f
FORECL�SURES AND SHURT SALES
i N T H E TW t N C f T 1 E S H 4 U 5 I N G M A R K ET MINNEAGOLIS ,R� r A L�ORS
C f'�
Area 363 Lender-Med,iated T��
't0-2047 1Q 2008 10-2007 10 2008
Braaklyn Center th� �,�u
s 2ooa s�oos
M�dlit�t��;Prfce $915,000 �75,OQ0. ":iil"�!�'':: '1'$1 a7,�50� -'fS.3'/o
�Ik�edian Price Per 5quare Foot T O
Percent of OrlgEoaf l,{st Phce Received at Sale 87.096 90.8% +4.3% 90.6°Yo 94.1 3.9%
Days on Market UntiF Sale 163 149 8.5% 174 145 -'�6•T
Meciian Price �er Square Foot 10"�� �'n' 9-200s
Aq edian Shces Price 3 tluu 9-2008 1 a2008 thru 9�2009
10.2006 thru 9-20d9 ;93
�8'l
$15T,500
S72
5134,200
$7') S,ODO
$49
s75,000
Lsnder-�Jlediated Traditional Lender-Mediated Tradltional
da s on Market Until Sale 10�2007 thru S�Z0o8
Percertt at Original List Price Reaeived Ia 10-2007 thna 9-2008 y �p.2ppg thru g.2009
14�06 thru 9-2(009
174
84.1°h �gg
80.8'i6 80.6°k
87.0°h 1 145
Lender Traditlonal Lender Traditlonal
2009 Minneapofle Aree Asaociation of REALTORS�, Inc. Sponsored by Royaf CredR Union Pa9e 2 of 2
FORECLOSURES AND 5H4RT SALES
i N T H E TW 1 N C i T I E S H O U S I N�G M A R K ET MINIJEAPOLIS AREA Assocration
REAE.TORS' I
Area 3�3: a3.Z�oe
Brooklyn Center
Lender-Mediated Traditional
10-2008 10-2008 +I- 10-2Q08 'EO-2009 +I-
Inventory oi Hames for Sale 193 M 140 2T.6ya 147 94 36.1 °h
NEonths Supp[y of Inventcry 42.7 2.4 81.2% 13.9 6.0 57.0°k
10-2007 thru 70-2008 thru 10-2007 thru 10-2008 thrt�
8.2008 9-20Q8 8-200$ 9-2a08
New Listings 557 ..._..._.,..,....872....__.._+ 20.6% 29.6%
ClosedSales 165 458 +777.6°k 134 973 +29.19�o i
What to Watch Fr�r Share of Inventory'Chat's Lender-Medlated Aa of Qcto6er
......m ,...»...-....r,....Y..._...,....,_.,..,._..
Broakl enter has hlgherthan average shate of (ender-medhated
pro es-�9.8 p� �t of"ct�rreM homes for sale. Total Twin CRies �g.8y,
inve nry is 252 p nt lender-mediated. fis
Over the 1as1 iwo quarters, the totai number at lender-mediated homes for
sale in Brooklyn Center has fallen from 214 to 'i4U-a dip of 34.6 percerrt.
Traditional invenEory has held steady from 94 to 94. 20 8
In the IasY ye s s�ply of [e diated irnentory has
decreas rom 92.7 months to 2.4 months e to increas3r�g sales of
lender diated properties.
2007 2008 2008
tnventory of Homes for Sale °=""`T����
soo
-�f-Lender-Mediated
iso t. r
x
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Q1-07 Q2-07 Q3-07 Q4-07 47�06 42-OS Q3-OB Q4-a8 Q1-09 Q2�8 Q3-09
New Listirtgs Closed Sales z�-�Traditional
==�Traditlonal -�-Lender-Mediated
-�Lender-Mediated 760
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07 07 07 07 OB 0$ 08 OB 09 08 08 O7 07 07 07 08 08 �8 08 09 08 08
�2009 Minneapolis Area Association of REALTORS�, Inc. Sponsored by Royal Credit Union ��•►�•0�"0 Page 1 of 2
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Brett Hildreth
Personal Snapshot
Twin Cities native
Graduate of University of Minnesota University of PennsYlvania
20 year resident of "The Broolclyns" Brooklyn CenterBrooklyn Park
Married 8 years, wife, Zoe and 5 year old daughter Briana, 9 week old
daughter Sarah and 2 Cornish Rex cats
Enjoy family, Mississippi River, community, playing hockey, tennis,
ultunate f'risbee, rollerblading and more..
20 years of property management, residential commercial real
estate experience
•$20 million in real estate transactions
Certified Distress Property Expert, NAR, MAK, NM�ZA
F
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A Brett Hildreth, Realtor
NAR, M�R, MHA
941 Hillwmd Road NE
Iviinneapolis, N1N 55432
Mobile: (763) 227-8614
Office: (763) 5742000
Fax: (763) 22(r24b6 �B C'Q�IQ�RC��
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FORECLOSURES AND 5HORT 5ALE5
IN THETWIN CiTiES WOUSING MARlC6T
c�3 zaa� u�o,�Y�
�nventory of Homes for 5a�� MINNEAPOLiS REALTtORS
Share of Totai Inventory
Lender-Mediated Traditional To�� �t uend.r-i�.aiai�d
Property Type
10 2008 10•20�9 Change' 10-2008 10-2449 Change' 10-2008 10-2009 Change 10 2008 10 2009
AII Properties 8,542 8,245 26.996 23,611 18,684 21.G% 82,053 24,829 22.576 26.696 28.29�0
Single-FamilyDetached 6,57B A,408 -33.0% 16.0B2 43.147 -18.196 22,637 17,555 -22.4% 28.096 25.1%
Townhomes' 1,545 4,402 9.3% 4,765 3,358 29.5�, B,310 4,760 24.8% 24.596 28.596
Condominiums n aryaY s 422 „435, r ±3.1% 2 684 2,079 2�514 u 19 13.6°.6 ,vw 17.3%
"tndudes lwinlwmes F
Bk�y
Lender-Med�ated Homes for Sate
�azoos
s,s►s
I
a,aos f
1,546 1,4D2
422 435
.Y...._,
Singte-Family Detached Townhomes Condominiums
Share of Total Inventory
Lender-Mediated Tradltional T��� Thet Ia Lender-Medlafed
Price Range
10-2008 10-2Q09 Change` 10-2008 70-2009 Change� 10 20�8 10-2009 Change 10-2008 70�008
Under $120,000 3.138 1.825 38.796 1,421 1.239 -12.8% 4,559 3,164 -30.6% 68.8% 80.8%
b120,001 to$150,000 1,574 1,157 -26.5% 1,89'{ 1,488 -25.3°i6 3,565 2,6A5 -25.8% 44296 43.7%
$159,OQ1 to $190,000 i,485 1,249 15.9% 3,829 2,846 -25.796 5,314 A,095 -22•9% 27.996 80.5%
�990,001 to3254,000 1.106 898 -18.8% 5,Q47 3,859 -23.5% 6,153 4,757 -22J96 18.0°.6 18.9%
�250,001 to$350,000 642 516 -19.896 4.526 3,528 -22.'1% 5,188 4,044 -21-7% 12.4% 12.8%
$350,001 to $500,000 355 305 t4.t96 3,284 2,553 21.896 3,819 2,858 -21•0% 9.8% 70.7%
$500,001 to $1,000,009 220 188 23.896 2.839 2,284 -13.596 2,859 2,452 -14.2% 7.7% 8��
$ti S Q40�001, and above 22 27 22.7% 797 787 -1.3% 818 814 U.6 2.7% 3.396
All Prices '�a,6a2 .�.6,245 26.8°/. 23,594 18,684 21.0% 24,828� 22.596 n 26.696 A f .28.2�G
Lender-Medfated Homes for Sal�
1 tl-2008 g��Y
10-20d9
a,tiae
,,szs
�,a�a t,�es
'1,16T �,708
98B
8 616
366 806 229 186
_r��..�..�.
Under 5120,001 to 5150,009 to 5190,001 to T 5250,001 to 5�0.� to 5500,001 to 51,000,001 and
�120,000 5150,000 $190,000 525D,000 535U,000 $500,000 51,000,001 nbove
2009 Miqneapolis Area AssoclaUon of REALTORS�, Ihc. Sponsored by Royat Credit Union ww�+•rca•org
r
FdRECLOSURES AND SHORT SALES
1N THE TWIN CITfES HOUSING MARKET
�Q3 2OQ� UPf)ATE 1u1NNEAPOUSAR£AAssoclatlon
or REALTORS`
New Listings s-2oo9 �O: �,�ss ss: �so
2,000
Eender-0wned
'�,spp °�ShortSafes
1,000
500
0
1 2007 7-2008 9-Z008
InVentory of Homes Availabie 10-2009 L�:1,96o SS: 4,314
s,000
5,ODD �►Lender-0wned
°rn�"Short,Sales --.---.:---.....---'.„.H..,.��
4 ,ppp._......__.._......._...._.._._._._.._._............._....._..-�--._
3��
2�000
1�000
p., _....._..,__...r....��,...-.....
1 2007 1 2008 1-2008
Months Supply of in�entory 10-2�09 1.4: 1.5 SS: 93.9
.P,..... ....».........,....,..,..........Y.
Lender-0wned
«.r.
qp
�"'ShOrt�ales
3, ................._.._.....��,�°�.*.w.
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2009 Minneapolis Area Aasociation oi REAL70RS�, Inc. Spor�sored by Royal Credit Union �j www.ratorp
rage ot
FOREC�.C?SUR�S AND SHOR1 SALES
lN THETWfN CIT1E5 Hal15ENG MARKE'�
.....:.•�r•:..:. zc:
1-t �.1 f• j
SherooT MontM M.mmBMes S�wsof Montlu M�QM �Iq M.
Inw�[c7 +I� y y Prtu Imnnto�Y �+PPb
:i::i 4 i9B -:Li �.Lt $9!2 $4II �A.K S�J `o:_ iy.r i q'1 _'v,
3g1 i_ t'.:��,:,; :s nr�z 16.2% 147 20.596 6.7 49.6% 5252,50Q 13.296 83.8% 756 3.395 20.9 720% f398.000 -1.3%
36B t;: 19.3% 4S +50.0% 4.9 .38.696 5193,000 +7.896 80.746 186 -5.6% 23.3 -3.8% Sb74,38i +T.3%
3$3 ��r.� 10.396 50 +35.196 8.8 14.196 5226,500 12.1% 89.796 434 -7.396 8.9 +3.396 8369.900 .7.596
3,qg �r,x 12.896 lt +120.0% <.B -2.996 5266,000 -2Q.69fi 87.296 73 +16.476 72.9 +58296 b30.1.600 18.19L
398 i;; 18.8% 37 16.896 5.8 36.2% S1a0.000 14.046 83.7% 7 B7 13.495 9.8 2696 S2Y6.000 0.3%
642 f� 26.3% 94 Z.2% 4.9 35.7% 5183,000 15.996 73_T96 264 52.396 12.0 32.8% 3290.000 BZ%
7211 16.9% 13 +30.0% 3.1 -27.A% 5163,i50 e7.496 83.19L 64 -19.D% 22.8 -2396 $267.6G0 -3.2%
604; 6.7% 8 -27.3°16 3.2 -60.996 5209,000 -0.3% 93.3% 112 -0.996 427 +QS96 5268�000 -12.3%
3g2 _'!��::.i�:;;:; 22.3% 109 282% 5.8 28.2% $189,75D 6.446 77.795 379 16.2% 8.2 4.4% i286,000 5.09i
374 16.4% 78 +�4.4% 5.1 44.4% 5185,000 -15.99F 83.696 397 Z2.896 7.7 9.B% i28'l,ODO 4.4%
309_�=��:i;:'t��.;�i!i:..�-'-u_=: f0.8% 38 -23.496 8.8 -49A% S1S1,000 -24.096 68.296 288 +24% 8.4 +722% i467.000 -&09i
3QZ r i�-='�:. t0.B96 49 16796 6.5 79.1% 3174,450 9.496 B@.2% k04 13.996 10.9 0.196 �277,600 -8.6'96
ly7 __r 78.89I, 87 a 28.796 6.0 27.0% 5187,375 -18.3% 81.3% 377 2t.096 19.3 t7.2% 5270.000 7.49i
726 i':=2kvSLR 9�.2% 172 27.4% 3.8 37.7% 5190,000 9.596 69.8% 398 20.496 7.3 8.6% S'�5,�
3p0 �:�_u-��;?_•.s 10.5% 39 +5.496 4.6 43.8% S71D,000 40.196 68.5% 331 13.4% 127 +8.776 b267�8b0 �5.096
740 p 15.8% 2B -16.1% 3.8 -53.9% �8,750 -38.396 8�.2% 939 -6.496 73.8 +3.6% i18�000 -4.S9i
387�i•,r='or.ka 15.3% 73 +23.7°.b 3.3 -74.496 5172,450 -11.696 83.7% 376 -8.796 1'I.0 +6.79G SZ41 -7.8%
36511 21.1% 119 +6.3% �.6 -15.8% 5756,000 -�3.396 78.9% 446 -18.6% 7.8 -8.19� �'180,000 .1.796
367 t;; 28.09fi 42 +6.096 3.6 -SB.S% 5218.800 -2596 T2.096 108 -10.094 16.B +32.716 Y168,60D -5.9%
780 �_cc::�:;� :-i 14.09fi 13 30.0% 3.8 26.2% 5202,OOa 1.096 86.D96 80 Y2.396 4.7 1bb% 5166.000 5.1%
�g 2fi.746 704 1.8% 4.3 -48.9°.4 St78,lIDD 13.096 73.3% 29b -23.0% 7.8 15.6% ST60,260 -B.5%
707 >s m�=.Fc 29.746 43 19.496 5.1 A5.29(0 5206,m0 73.196 70.396 102 10.5% 20.7 3.196 3�4i�676 21.99�
7�8:t.:>�� .T�_. 19.296 10 +fi8796 4.7 r16.4% 5132,000 -&t96 80.8% 42 -239i 6.1 -6.9% 52�8,000 -�.2%
Sqq 31.696 T4 +7.2°i 4.8 -62.6% 5168,ODD -54.696 fi8.4% 180 -28.696 7.4 •28.2l6 3747.600 +1.096
752?t_-.:.: ;.�sc; t4.496 16 a14.3% 3.2 -71296 5143,000 -1B.6% 85.8% 9S -1.8% 6.8 +7.4% s440,000 -6.H6
618 ['::;;,;_�,_i.:`_._...._ r� +p0.5% 4.6 .38.796 51�6,000 -76.4% 71.596 t33 -19.496 7.2 -4.496 32A6,000 +5.096
3T3 .:t;� �S.79b 2b 30.D% 4.0 62.3% 59bD.0U0 22.096 83.3% t3Q 13.395 8.3 i D.0% �240,860 -10.9%
3gQE��; 16.6% 57 -1.7% 5.7 .339% 5565,000 -18.276 83.3% 288 -70.696 8.1 +4.GS76 3236�000 .29%
7�;,. 33.8°6 93 -0.696 4.3 -45.796 5174,800 -7.796 b6.!% 181 -i3.l96 iQ.� -12.896 .�'t33,760 -4.8%
397 s:;..:. 22.396 fi4 23.896 3.7 66.6% 5148.950 -14.556 77.7% 18B 162% 12.5 50.996 �230,000 -11.996
6t�'xc:a:+ 25.2% 93 -11.4% 3.3 -66.496 5126,D�0 •22.1% 74.8% 276 -18.8°b 7.6 •B.S% i�. .8.71i
7�r .,:�,ic!. 2p.pq5 �3 +72.0% 3.4 45.796 St52,000 -1T.6% 80.Q% i72 13.896 7.8 -12.3% S2T/,700 6.67►
846 an 3fi.9'J6 24 +20.0% 4.6 -40A96 S18T,000 70296 63.i% 4{ -34.996 14.5 13.5% �226 -1.691
3gi �:::_._�i.';';?'_`_ 7fi.695 35 +10.0% 6.8 -D.996 5180.000 -8.7°.6 84.496 297 -73.7% 8.8 -91.B% d�,� -3.t%
71D i!,;�:�: 31.0% 2B +23.8% 6.5 -78.8% 5136,300 -19.796 69.096 SS -0.096 t42 -10.416 5�7.000 -7.59i
64D 39.196 43B 3.8% 4.1 55.6% 5139,900 19.896 80.9'9fe 215 23.896 7.8 19.796 i�27,6Z0 .0.4%
T02?;�:c.;;!.;� 12.496 25 a8.7% 5:2 -58.196 St69,950 -2'1.395 87.6% 176 -6.096 7.9 +70.176 5�71.000 -2191
Wi:ante�_71_r 32.4% 1t8 +20.47� 8.4 -40.596 5149,DOD -aah6 67.696 218 +2196 �02 +7.796 i��,�0 -e.3%
7pg:j 18.69f �E t86.5% 8.4 -46.496 5151,000 -22.9% 80.296 194 -8.3% 15.4 +17.3% 027A,000 .3.8%
Tpg '__'i �;..,��r�a 23.27, 83 a 9.296 3.6 69.87b S710.000 -18.4% 76.8% 27+ 20.696 10.8 -1.3% a2t9.160 6.7%
3gq:, 22.396 6B +21.4°b G1 -23.4% St30,125 -24.8% 77.796 237 -32.796 t1.6 -t5.e% a11q+�a -�.o%
741 z-t C.ti_ 8.396 14 +27,396 8.8 +50.0% 597,000 -72.896 90.596 t34 +8.196 1b.9 +Tf3% =478,000 +5.4%
304;--•._!-_�'.'_-_, �.�6 75 +7J96 2.6 -51.346 51t6,000 -22.1% 73.8% 211 -1:9'9F I.� -7.2% Y116,000 •3.696
gq8;;�.. 31.79G 60 -15b% fi.5 -63.096 5206,000 -8.296 6&3% 129 -39.796 11.2 -40�% 5114,000 .7.1%
672 f'i�-:);':;p;_ 27.396 t08 -21296 4.0 -54.3% 5109,960 -7.496 72.796 288 -16.896 9.3 -17.896 5210.00Q -9.69i
310i'��...;,L 28.39b S7 -55.3% t.9 -58.1% 55T2,500 +7.896 71.7% A3 -39.896 8.6 -39.896 E210,000 •4.5%
3ggt.y 36.794 39 �3DA% 4.2 .52.246 -4.796 84.9% 72 -6.596 B.2 -1.296 S2fU,000 -O.B%
7pg;:::.:;, :a:� 35.996 109 +36.3% R.8 -5B.8% 512fi -28.4% 64.t96 143 -78.876 16.5 *20.2% 5209,Y60 -4.696
76&::_-.;'i'C:.:��...-----._ :iti::_`.?S%,!ltn��Le 23.09G 41 +7.3% b.0 -26.8% S}32�000 -41.1% 77.0% 147 -21.996 7.t -3.0% .�20R900 -4.69U
7yg 45.3% 86 -t;.9'N. 4.0 -57.3% i141,64Q -19.1% b8.7% 122 -37.1% 12.6 -4.09� 3208,000 -A.0%
36g s_t 32.996 57 78.8% 3.6 G2.596 5139,150 -1$.791 67.1% 116 4.196 B.d 21.396 S�OT,000 I.D9L
726i'i^ 32.496 83 +13.396 6.9 .24.196 5130,000 -27.6% 67.696 173 •73.296 9.4 -11.496 S7W,Y00 -8.99�
614 28.996 100 -21.9% 3.2 -63.396 5145,000 -14.2% 71.196 246 -3�_S!6 6.9 •24.89L E104.60Q -3.1%
362 I;; r��e 38.396 36 t 2.89� 42 63.79b 5133,250 -13.816 81.7% 58 44216 6.6 43.396 8201,�0 3.3%
764 L'i��.+>z 34.6% 163 +1.896 3.9 -55.454 5139,825 -15.3% 63.5% 304 -Y.+.O% 7.9 -14b% �20t,000 -4.2%
722 i::, ��=rua�? ��in�,•r 36.6°6 104 18.4% 3.5 -64.7% 5138,430 15.0% 84.4X 186 -9.696 8.T +28.29i 5200.760 -6.8%
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102%
gy{ 4259fo 707 0.096 4.7 T12% i?fi0,000 10.8% 67.3% 145 38.196 7.1 29.796 3197,000
3p3 _'.:�:;:';,�;t_-::�._`_-'.:r.:;'.Yi 43.2% 38 -13.fi% 2.< -5<.996 588,500 -309% 66.8% 50 -49.Q96 2.3 -46.696 0197,OU0 -1.5%
7gp;: 47.7% E8 -7.1% 4.0 -53.8% 5127,2b0 -19.695 62.9% 99 -41.b% 8.7 -t.4l6 f7W,760 -6.49�
3q1''_ 52.99d 337 -0.994 3.7 -84.796 5135.900 -f8.4% 87.i96 aB6 -32,6% 125 -&796 i190.000 -6.09i
144 �;_f":u.i,Gcr_� 25.49L 16 +33.3% 3.3 -82.1% 584,600 -?�5,3% 74.696 4J -31.996 3.4 -31.1% i100,OD0 -8.4%
g3q t�_.cH;: _i 25.396 66 106.3% 10.2 17.0% E139.900 -1b.8% 74.796 196 47.6% 18.8 17.296 i188,�60 3.T'K
713 42�96 38 -19.196 3.8 -Gi.B% 5139,17D -19.896 57.3% 51 •/1.496 13.D -17.0% t/69.838 -6.696
379:F;r:���__ 30.9% 42 -12.596 3.8 .28.5% SM133.000 -14.8% 89.1% 94 -28.2% '•l_5 -i3A% f1Q8.000 -B.0%
378 33.T96 6Z -11.4% 3.1 -77.476 SS21,000 -21.6% 86.3% S72 -30.3% 4.6 -27b76 t/86.000 -B.9%
758i;_;._�._:sr. �8.1% 83 -3.596' 4.3 -67.4% 5753,500 -75.0% 63.9% 97 -40Al6 71.6 -�2.3% 51�6,000 -12.6%
BOaI��_-r._�o�._He�i!�_; 90.2% 62 -8.8% �.2 -68.8% it3�,930 -18.2% 69.8% 143 -17.3% 11.0 +t4.5% 6160,726 -&4%
7g6;;_p�;t�.r,rv.eCU:t}y �0.1% 757 �20% 3.9 -67.3% 5733,278 -13.096 88.9% 226 -37.496 14.E -8.396 5/0a,000 -8.276
660t;;`:;:�3_�a 38.8% 34 +38.0% A.2 -41.396 i740.000 -26A% 61.4% '.fA -3729L 125 -27.5% i1d2,000 -Q2%
3gq;.:_: 55.8% 339 -20.0% 2.6 -78.196 31tT,000 -24$96 44.296 268 -5D296 8.6 -48.0% 01f0,000 -12.2%
&1T 27.T% 52 +t0.6% 6.f -20.8% 51�,000 f72% 72.396 938 -25.39� 1D.5 -18.0% i179.8BB -6A96
712 :6 5: F�u� ?9.7% 9S 21b96 3.8 -63.696 f127,500 -17.796 70.3% 225 t2.1% 8.6 -1.09b i17i t0.31fi
340�_�i;:iro 28.696 48 -39.6% 21 -82.896 5127,000 -18A96 71.3% 11S +21.39b 128 r83.2% a779,480 -7.091
306:.:� �l 328% 58 -38.9% 21 -P.0% 584,7i8 -24A% 87.2% 179 -162% 4.6 -21.816 t17��100 -6.296
7f1 =;,c�':hwn_^i;14 26.5% 106 -79.1% �.3 -80.89L SS�6,000 -8.696 73.696 2D9 -21.D% 21.3 +8.096 i174� -d.�
7n _�.'..y,�,. 34.7% 17 +13.3% 3.7 -61.69� S72fJ,000 -23.3% 65.396 32 -26.6% &8 -8.3% i1/6.l00 -A8%
7WSc?�r�.��,. 40.496 18 -3�.6% 2.8 -68.79G i76,000 -22.8% 78.8% 74 -19-6% 8J -17.4% t1T6�000 -725%
7p0::!t�i__:::t,Y_",I.aui 34.�% 21 -27.6% 3.T -57.876 51t2,S00 -28.6% 89.6% �0 -ZOA9G 7.5 -27.576 �173.000 -Q216 I
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F 32T96 37 .26A96 3.4 -54.0% 5702,dip0 -23.5% 67.3'!6 76: .33.6�6 +J,9 .45.296 ii88,000 .125%
361 ='�°='3� 38.796 I8 -37.)9i 3.0 -56,g96 $g4,900 -36.pgy 61.8% 78 -162% 4.3 -23A% ffBB =9.296
B00 5t Wata 36.0% 41 +7.996 4.1 -33.296 591„500 29.3% 61.096 73 i4.1% 8.5 fi.896 i'186,400 f2A9U
7 40.896 42 20996 2.6 72.296 5116,900 19.l4i 8g.296 61 16.4% B.5 i 5.896 Sf 66,000 6.7%
764 ;__'__::.5:.'..r'=`e:? 33.896 82 -6.896 21 -T2.346 i13D.000 -75.6% 44.24h 85 -54.296 $.3 -362% �18l�860 +3.99L
7 4a3� 60 9.1% 3.6 54.796 5120.000 -17b% 6B.b96 78 87.6% 6.3 -17.996 i1 &1,500 8.89�
3&9% �4 .25.4l6 3.S -64.696 t105,000 -21.496 61.1% 69 -32.4% B.D -26D% ;10t,000 -8.59i
crn 48.296 79 -48.7% 2.3 -75.396 $72,400 -20.8°J6 33.8% 92 -40,3% 3.2 -40A7. 5160,000 -7.096
F-�--='='=� 4T.496 7< -18.9% 3.6 53.3% 598.850 -14.096 62646 82 24.896 7.2 13.796 i168,900 3.796
43.3% q6 -32A9g 3.D -67.3% 580,375 -iB.09G 58.796 59 •28.8% 7.� -56.1% 9767,750 -11.8%
76.3% 61 +19.6% 7.7 4.396 $85,968 2t.B96 &I.89G 33p 3.f% 15.2 10.396 ��se,6oa -zzw
632 F"" �'='�I=Y Z3.O% 76 +5.696 3.8 -b9.096 S1Z5,000 -�.Z% 77.096 251 -18.996 1a8 .f0.896 515�300 -i.2%
307 i 50.0% 38 -14.395 2.8 78.396 554,50D 37.996 60.0% 38 37.9% 9.7 47.0% ssae,asa s.2x,
73B ;�t_�,�,j,'�._�_=__-_--._..i•_� 28.0% S4 -3;t.37i 2.S -88.3% 567,02D -26.196 72.0% 38: +9.19� 7.9 +6p.7% itEB -23.1W.
363 6rookPrn r,enter 59.896 140 -27.696 2.4 81.296 575.000 34.8% 40.2% 94 3B.t% 8.0 -d7.0% it
714 f'?: f�:�^te_� 53.7% 124 -27.096 3.1 73.pg6 ;y53.ppp -37.3% 46.396 107 26.7% 6.7 .30.1% 713�000 12.
716 f; r�: urz_�:_ n•_-o_�� 58.8% 209 1�.396 3.2 60.9% 585.000 25.09� �4.196 185 28,5% S.B 4l.096 i12Q900 -1�.096
301 i,��n� 48.796 148 -50.0% 2.2 -69.2% 535.950 -33.T% 51.3% 154 .t9.496 &6 -Z9.B96
305 c_�•'': .":u:':` 5Z096 f110�000 -E.0%
122 56.375 2.0 b6J% 530.000 27.09F 43.0q6 92 23,3% 7.8 16.896 it Oq900 48.19i
742,;!.::zy.�l.!;_:.�::isf 58.1% 100 -33.3Ye 2.4 -�.8% $40 06 -27.3% 41.996 72
32.79G B.� 40J9G �7,600 -19.1%
0 200i &1i�ws�poP� Ane Assxlmlon o} R EAf.TORSO.
r 11LIC1'-i`•A Forecbsuros anC shoKsales; propertleswhere a Manclal NstAutiort b 4iwNed in the sale of the property. ekheras a tlkect seltar in ths easa at a
fweclosurc of as an hfermedfary In the caee of a shortaals.
rar�it�4na1 Pro rtlas6oldwrhoutt�ekrvobe�rientotatinanGelMslltutbnExcludea'forecbsuresandshoAsakA
:�hare af 1 nye��tary 7he percen4geof tolal homas for sab as af OcOOber 1, 2ppg,
1 nve ntory TNe number of homea iw sale ay of pctober i, 2009.
�ntt15 $EJ AFl(,l TAe numbe� of moMhs ItwiH fake Bo completely seit through ail tAe homes tot sale as af OcEoher 7, 20Qg,
Median Sales Prfice ThameCiansalespNCeo}aqcbsedsalsslromfhelastM+eN�morChe.
The Increase or decreaas oampanM to llt9 yiams perbtl ono year ago.
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FORECI.OSURES AN� SNORT SALES
iN THE TV(/iN ClTiES HQU5ING MARKET
Q.7 �VV7 U�DAT� M�NNEa7041SAR[All�seUition
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383 �_kkn Genier 6p.gx. 140 77.39L 24 81.296 i76,000 34.8% 40.296 9� 36.19� 6.0
742 St• Ps�r centrp! 68,1% i00 -33.3% 24 89.B9E 540,000 27.3% 41.9% M 32.7% 6.� -�0.796 987,600 -10.7%
303 innxaoolis:North 57.0% 1T2 -38.3% 20 -Bb.7% A0,000 -27.09� 43.0% 92 -23.3% �.B +78.89i 5f09,900 r�g.416
7185tPauhHlgeresU€1azeIPaMDa��qn's h� 6&9% 20B -14,3l6 3.2 -80.9% g65,000 -25.0% 44.7% 186 -29.6% 8.6 -�B.a% 5779,�00 -1�.0%
3Qqgrtu�kNnPa,tk 66.8%. 339 -Z0.09i 28 -76.196 3117.00D -24.lS% �4.2% 26B -502% 6.6 -48A9i Sf8Q,000 -12.2%
754 i k Tovnishiq tl6.85L 82 -6.8% 2.t -72.3% 5730,000 -73.89i 44.2% 66 -54.296 8.3 -36.2'Xi 5164,960 +3.996
774SLPautPhalen 63.7y. 17A -27.096 3.1 -73.096 �53,000 -37.3% 46.396 107 -28.796 &7 -30.9% 3131�000 -12.1%
307t�inr�3��'.Pruj�S 80.0% 36 -14.39i 2,8 -78.3% t64,800 -31.3% SD.O% 38 -37.9% 8.7 -47.0% it3B,850 -6.2%
301 Minne�oolis:Camden 4B.7qi 146 -50.0% 22 -fi92% 53'5,950 -33.796 �61.396 164 -19.4% &5 -29.8% 5110,000 •6.096
767 cowiRavids A8.4% 180 -'ID.O% 3.7 -68.0% 5120.000 -78.1% 61.8% t92 -43.7% 8.7 -38.8'K i166,900 -&29L
770 1�klltonlColumbia Hsiahts 41.4X 74 -1B.B% 3.6 63.3% S�,B� -14A96 52.�96 62 24.87i 7.2 -13.7% S1E�,900 3.T96
760 rRansey 47.1% 88 -1.196 �.0 -53.896 5727,230 -19.596 92.9% 99 -41.896 8.7 -+1.496 5793.760 -6.49f.
308 Minneamiw;}>av�derlmrn A8.2y� 79 -49.7'X 23 -73.3% i72.500 -20.896 63.89i 92 -40.3% 6.2 -40.096 5160,000 -7.0%
758 Ngrtnwastem Anoka CouMV 48.7% 83 3.6% 4.3 57.�96 i153,500 55.9% 53.8%+ 97 -�0.5% 11.6 42.3% 5788,000 -12A%
T/1 Swlna Lxke Park 4q,774 77 5.696 0.8 89.6% t117,50C 22.4% 65.3% 21 18.7% 6.0 133.39i f17D�000 4.2%
768 Fridley 1�.5% 60 -419� 8.8 -54.T% 5120.000 1y.6% 68.6% 76 -3�.6% 6.3 17.996 i164,500 -8.676
72BStPautRi�erv�rwrc;nomkaq 43.3X 45 •22.4% 3.9 -67.3% 560,378 -19.096 46.7% 69 -29•89i 7.4 -56.f9L S1'5�.760 -11.8%
3D3 Minnearn�'s. LeTwieVlow �5.2' 38 13.696 2♦ 64 996 588,500 3D.8% 58.89fi 60 49.69. 28 48.89L 5197,000 t.dk
713 gMhal 427% 38 19.196 3.8 -83b% ;139,170 58.896 67.3% 51 41.4% 13.0 17.D% St88,838 -8.6%
624 Farmtnaton 426X 107 0.0% 4.7 47.2% f150,000 -10•896 37.5% 143 3tl.496 7.1 29.T% 5197.000 -101%
T56 ElkRiver 41_by. 66 -14.8% 4.0 -67.396 5/41,640 -19.1% 69.7% 1Y2 -37.1% 12.6 -4.0% 5208,D00 -0.0%
769 Arroka 10.87i �2 20.896 28 72.296 S11B,900 19.1% 64296 61 16.L% 8.8 15.8% 5186.00D 8.7%
780 $Cerburne Courrty 40.19G 161 2.D96 3.9 67.3% 5133,278 -15.9% 69.9% 228 3T.�% 14.8 -&3% 5183,000 6.2%
640 $hakouze 39.154 138 -3.5% 4.1 -56.8% 5739.D00 -19.8% 6Q9% 215 -236% 7.6 -t9.1% 5221,610 -0.496
602SOUthStPaui 9&8Yr 44 -23.4% 3.1 -64.896 S70b.000 -21.4% 67.1% fi9 -32.4% 8.0 -Z6.0% 5181,000 -9.8%
850 BelkPlaine .18.8X 34 +36,096 �,2 -41.3% S1d0,000 -20.09i Bi.�96 54 -37296 125 -27.6% S1B2,000 -8.276
382 New e 98.9y. 36 +2.8% 4.2 -63.7% St33,250 -13.6% 61.7% SS -�42% SB -43.374 52D1,860 -3.3%
361 C�vsfaf 38,1Y. 48 -37:7% 3.0 -66.996 SB4,900 -33.096 81.996 78 -7629L �.3 -23.0% 5168,000 -9.2%
846,Jordan 38.9% 24 +20A96 4.8 -40.4% 3187.000 -10296 63.1% 41 -34.996 14.b +t3.8'K 5226,500 '1.596
600 West St. Paut 36,Oy, 41 +7.996 4,1 -39296 i91,600 -29.3% 64.096 73 -14.196 8.6 -11.8% i166,000 -12A%
7pg ForcsttakeArea a8.9% 104 r36.3% 4.8 -56.8% 5125,000 •28.4% 64.1% 195 -18.89L 16,3 +20,2% i204,950 -I.6%
722 ldawmrvst. Paui Parktt;ottaae Grove �6.6% 104 -19.446 3.6 69.7% i139.450 -15.0% 64.496 188 9.69i A7 282% 5200,760 -8.896
386 Ho s �Siy6 38 30.D% 4.2 6Z.2% iB4,400 4.7% 6�.9% 72 8.59i 8.2 -1.2% i2t0,000 0.8l6
7T21.exlnabrYCirclePines 34,T6 17 �13.396 3.7 -64.8% f720,000 -23.3% 86.3% 32 -25.69L 8.B -8.396 5176,800 •3.996
784 BWina �4.6% 163 r 1.9% 3.9 -65.496 �139,a25 16.3% 65.6% 3a9 25.096 7.9 -14.996 S�O1.000 -1.2%
720 SoulheastSt Paui 34.4% 21 -27.6% 3.7 -6Tb9G i77Z600 -28.6% �.6% �0 -20.0% 7.6 -27.3% 3173,000 •8.296
782A+WOVSr 73.9y. 93 -8,8% 4.5 -46.796 5174,900 -7.7% 68.7% 181 -13.496 10.3 -12.896 i233,2:f0 -4.896
378 RieHfNd 33.77( 82 -l1A% A1 -71,496 f721,000 -21.6% 68.39L 1Y2 -30.396 4.8 •27-6% f18S,000 -8.8%
366 ham Iln 326% 57 18,6% 3.8 62.8% 5139,1b0 13.796 87.1% 118 A,7% 9.5 i 21.3% t207.000 -1.096
341 }�htCointv 84.9% 337 -0.9% 3.7 -64.7% 5136,900 -76.4% E7.1% 688 -37.6% 125 -8.7% 5190,000 -b.096
308 �ulinreauoliy'.NOrtheast 3Y,ey� 58 -389% 21 -77.0% i84,718 -24.0% 87.2% tt9 -162% 4.6 -21.896 S1P,100 -6.2%
360 Robbfnsda�n 32,7y 37 -26.M6 3.4 -b4.0% 5702,50D -23.6% 67.396 78 -36.696 8.9 -45.296 i16B.000 -12.696
MS Pine SorinaslLake EImo�Oakdala �2A% 63 16.3% 6.8 24.'196 5730,000 27.8% 87.6% 7 T3 15296 @4 11.4% 5204,900 -8.99fe
70S LinoLakeSMUaa/CentarvNla 32A% 145 +yp.4l6 H.4 -40.5% 5149,OOD -9.3% 67.6% 246 +p.1W. 1A.2 +1.796 5220,000 -A396
648 Nx.vPraduMNewMarkeVElko 31.79i 60 -iS.S% 6.5 -63.0% 3205.W0 -92% 68.396 124 -39.796 17.2 -�029i 5274,000 •T.i%
6e� va Z1.6°� 74 +7.296 �.8 •626% 5168,000 -14.6% 88,496 760 -29-3% 7.4 -26.Z% 5247,CO0 +1.0%
710 NsrM+east Anoka Cou� $1.09: 28 +23.896 6,6 -18R% 3136,600 -'19.7% 88.0% 6B 0,0% 14.2 70.4% i2?2,000 7.6%
379 BAOminotor�-Easi 349% �2 -12.b% 3.8 -26.69b 5135,000 -i�.8% �9.1% 94 -262% 3.6 -15.0% 51BB.000 -8.096
808 �m�er Grwe Flei hc�ts, 30.25G 62 -8.8% 4.2 B8.695 5134.950 -18246 69.89i 143 -17.376 11.0 1�b% ;t83,125 -8.491
7� yNoodburv SD.2Y. 172 +27.�96 6.8 -37.7l6 5180,OOD -9.6% �.896 39B -20A% 7.3 -8.9l6 i2B9,D00 -4.696
7'IZ MEOICV+00tllNORh �Y PGUI 49.776 95 -21.596 3.8 63.896 5127.b00 -17.7% 70.3% 226 12796 8.6 b.0% 5179,600 10.3%
707 Nam �ake 20.7% 43 1D.4% 5.1 4J296 i2Q8.000 13.196 70.396 102 10.3% 20.7 t 3.1% SZ48,878 -21.8%
Bt� A�,olevanev 2B.Y% 100 -21.876 3.2 .b3.3% 5145.U00 -142% 71.146 246 -32.B% B.9 -21.8% S2W.600 -8.t96
3�0 BuRab 28.8'/� �B 39.3% 2.4 82.6% Z127.OD0 -19.49� 71.3% 114 21.396 12.8 83.2% 5179.460 7.0%
816 Rnsemayri 28.6yG 63 20.5% 4.6 38.7% 5146,ODD i8A% 7t.6% 133 -19.496 7.2 4.4% 5246,000 +1•09b
3tOMinneaoolia'University 28.3% 17 -b5.39i 1.8 -88.1l6 5172,D00 t7.B91 77.794 13 -36.8% 6.6 -35.8% f210,000 -4.b96
738 auf HomeCroftlWestTTn 41.0% 14 -3;1.3% 21 •68.3% i67,020 -28.1% 720l6 36 +9.1% 7.9 +6p.7% �138.�Q0 -23.1%
367 emeoio-North '18.OX 42 +6.0% 35 -59.5% E27B,&10 -2.596 72.096 108 -10.0% 16.8 ♦32.7% 5268,G00 -Q99L
B1�Hasunna 27.7y� 52 +10.696 B.1 -ZO.B% 51�0,000 -17.29L 72.8% 136 -7b.3% 10.5 -18.076 5178,889 -5.49f.
Bt26urns:iAe 27.31R f08 -21.2% 4.0 -44.3% St49,B8D -7.49G 72.796 28B -t8.8% B.3 -11.896 SY10,000 -9.6%
826 Lakev7ne �8.7y� 104 -1.9% 4.3 48A% 3178,000 -13.0% 73.3% 285 25.0% 7.9 -16-896 5260,260 G.696
717 3o ernChisaaocount 26.Oy� 106 -19.196 1.3 •50.8% St40,00D -D.6% 73.696 284 -21A% 2T.3 ♦B.0% S178,OOD -8A96
842 Pr r ke 20.9% 9A +22M 4.9 -61.7% it83,�0 -16.4% 13.7% 284 -32.3% 120 -32.8% 5280,OD0 -8.�96
309 MinneanUis:Nnka�nis 26,y% 75 +7.196 2.8 -51.3% 2116,000 •221% 73.8% 211 -1.496 4.� •7.2% S21S,000 -3.8%
�44y't.PautCert+o 26.4% 18 �33.396 3.3 -62.1% S94f300 -35.39L 74.6% 47 -31.89� 3A -31.1% iti0,000 -8.4%
630 Northnea 2l.3X e6 +108.3% 10.2 +17A96 Si39.900 -7B.B96 74.796 795 -27b% 13.8 -1729i 5189,�5D -4.7%
810 a an 26.2% 93 ttrS% 3.3 35.4% 5129,000 -?2.116 71.8% 27fi -18.8% 7.6 8.6% 5228.600 6.096
708 Whka SearArga ZY,2% 83 8.2% 3.8 -89.8% 5140,000 -18.4% TB.B% 274 -20.696 10.8 1.39L f219,130 -8.7l6
786 MoundsviewlNawSr�phmro�st an 23.qG �4 +7.3% 6.0 -28.8% 5132.D00 .21.49L 77.0% 147 -21.8% 7.7 -3.096 i209,900 -�.576
p2RkeCOUnty 23.0% 76 +6.8% 8.8 -6B.Q% S1t5,000 -4.2% 77.0% 25t -19.8% 13.8 -1Q.8% 5162,300 -I.296
392EdenPnkie �2S% 109 ♦282% 6.8 -28.2% S1B9,760 +6.q% 77.7% 378 -16.296 B•2 +4.4% 5286,000 -6.0%
397 ChasKa 22.�% 64 +?b.8% 3.7 -68.6% StA8,960 -13596 Y7.796 188 +1827. 126 +6D.9% Z230,000 -17A9L
394 CarvzrCountv 222% 68 +21.t9� 8.1 -23A% 3130.126 -24.876 77.776 237 -32.7% 11.6 -16A96 i218.125 -l.096
366 Manb OroVe•IQ� 27.t% 119 8.3% 0.8 �3.896 5758,000 -13.3% T&9% 446 -18.896 7.8 6.1% f260,000 -1•796
746 fi. Paul: St AntharwlMidrrav 30.4% 19 34.6% 2.8 68.796 SI8,000 72.8% 79.89f. 74 19.6% &1 77.4% i173,000 12.6%
785 Arckn H�IelShoreview 4p.py� q3 a 72.0% E.4 -46.7% StS2,OD0 f7.B% 80.096 172 t3b% 7.8 -12396 5227.700 -S.S%
706 NorthC.emralSUrbur�an 1i.8% �8 +6:Ib% 5.4 �.�B.I% =131,000 -42.996 80.296 t90 -8.3% 76.4 r17.396 i210.W0 -d.B%
368 HenrenN�Piert�w.�eat �8.3'A 45 a64A% 4.8 -3BA% 5183,OD0 •7.896 80.7% 18B -8.696 23.3 -b.696 t3T4�3bt iT.396
http://www.mplsreattor.com/downloads/market/Lender-Mediated/l.htrn 10/20/2009
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7q8$,t.paultTOwnBCam!rv%MeqiamParN 1Y.2% 10 +B67'Y� 4.7 +18.4% 5132,000 -9.196 80.8% 42 -239i 8.1 �-6.99L S24B -4.'�°!i
727 5�171waferleav�oK 1&YY 87 +26.1% H.0 -27.0% 3167,375 -76.39� Si.396 37T -2t.0% 1t.3 •1729L 5175,000 -7.476
T21 LaicelancYAttonlCemnark 1l.8% 13 +3D.0% 3.1 -2Y.4% $163,760 +7.�% 83.19i 84 -19.0'M 226• -2.396 S2HT,600 -3.296
373GaIdonValfev 16.7% 2B +30.0% 4.0 -62.396 5150.000 -22.091 83.396 130 -13.39L 9.3 +0.896 i2S0,930 -10.996
38U BbominotarFWest 18.61i 67 -1.7% S.T -33,9% 5166.000 -18246 83.6% 288 -10.8% 9.1 +�.396 5239,OD0 -2896
348 Cha assen Sl.6% 3� 16.696 6.8 38.29i 3290,000 74.0'K 83.59i 187 -13.496 9.8 2896 y296,000 0.396
374 P�vmouth 16.4% 78 �40.4% 5.1 -C4.49i 5186,000 -1S,99i 83.896 397 -22.69i 77 -9.09G 5282,00� -4.�9�i
387 Msnnetoni:a t6.3Y. 73 +23.T96 3.9 -74.496 5172,(50 -11.696 83.7'K 37B -8.7% tt.9 +8.P16 t261,850 -T.8%
381 Lake blNnata�ka Area 18.2% 14T +20.b% 6.7 -40.6% 5232,500 13296 83.8% 7$6 -3.3% 20.6 12.D96 5399,800 1.37i
740 PauC Grocus HIII 76.6% 28 -16.1 3.b 53.996 $98,750 38.396 84.2% 139 -'5.496 13.8 5.596 S2R,000 4.99L
381 SetntlouisPark 'IS.BY. 66 +50.0% 6.B -0.99i 5180,000 -8.7% 6�.4°/a 297 -13.796 6.8 -11A% SIZ8,000 -3.196
660 Gaodh��eCaunN 15.8% 61 +19.696 7.7 -9.396 SB5,988 -21.89i 84.896 339 -3.4% 16.2 -1D.396 5136,II00 -2716
752 St Paitl: Hbhlxntl Rrea '1�.49i 18 t4.3% 3.2 71296 $143,000 -16.6% 86.646 96 L8% 6.B 7.196 f243,000 6.4%
750 St Paul: 61a.:,Grwe!anarf2iver Roaa 11.0% 13 t 30,09L 3.6 29.296 52�2,000 �,0% 68,0% 84 22.3% 4.7 -18A9� 5266,000 6.496
3g8V7etar;a 12.8% 11 +120.0% �.8 -2996 5266,000 -�0.696 87.296 75 f15.496 129 +582% 53�i,600 -18.7%
702 ako iants�Lauderc�lelRnsvvitle 124% 25 •&7% S.Z -68.196 St69,930 -25.3% 87.6% 176 -6.496 7.9 +50.146 n21,000 -2.1%
302 MGinesmlis� Central 70.BSG �4 16.7% 5.3 -19.196 Si74,f6Q B,d% 89.2% a0/ l3.996 i0.9 +0.1% =277,40D -8.696
30B n amils�soirtrtwast 10.8y� 36 •23.4% 3.8 .48.5% S16{,000 -2<.096 89.29G 298 +2<% 6.4 +12.2'6 f282,000 -8.07.
300 �inneaoo!is�ca�noun-Isles �0.6X 39 +3,496 4.6 -43.8% b1SD.900 •40.596 B9A% 331 -13.496 12.1 +8.7% �287.850 +f*0%
385 Etlina 'IO.b% 50 +36.19i 6.8 -1�.�% 5226,500 +$.1% 89.7% 434 -7.3% 9S +3.3% 5369.900 -7.3%
741 S�,t���,yil 8.5% 14 +27.3% 6.8 +50.0% $97,000 -12.896 90.5% 134 +&1% 13.8 +27.396 5216,000 �6.4%
6p4 �tendotalLiWtklgJMendofaHei9,�j,_t� 6.7% B -D.3% 3.2 -60.996 5204,000 -0.3% 93.3% tt2 -0.996 127 +Qt% f2B6,000 -12.3%
m 200Y PNma�dia Aroa A��aMNun pf RIFAiTOR9m.
Foreclosures and ahort sele� proparin where a tlmnckl tisdbRbn is krvoNad In Na sab of the properlY, e�er as a dlrect seiler Y+ fhs ase of a r+
:�Eil�@I'-MBC��atEC) y faecbsureorasanU�termedlaryinfhecaseolashortarfs. .v
�TraditEanal Propenles sWq witliouf the lrwaNsmsM of a Rmncial k�sthuGon. 6cdudea lwscbswu ard short aaka.
'Share of i nventory 7ha percentage of total homas ior sab as of OcOOber t zoo9.
1 nventary Ths number of homee Tor sale ae d Ocbober 1, 2009.
;Months Suppiy The number ot moMha R will dke bo compktely ae11 throuyh ell tM harnes for �ab as ot October 1 2009.
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http://www.mplsrealtor.comldownloadslmarket/i,ender-Mediatedll.htm 30/20/2009
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FORECI.OSURES AND SHORT SALES
f N TH E TWI N ClTI ES HOU51 NG MARKET
L.,�l� ��7Q� LiPDly1L MINNE�►OIIS�p�EAI.�`
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I..ender-Mediatecf Tradiliona�
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Mwm«�r s�.rv�r T ma. x,wnc+r a�wy ntw I
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i�39I1, $s6 89B $�S �ffi £ffi �4 �.2�I �l 5S6 �96
��1 ScPauCOweimxm 9.3% 14 +27.3% 6.B +60.0% S9T,000 -128% 80.596 t34 +8.1% i'3.� +�7.3% 5�218�000 t'5.476
pp Mifisk 25.3% E8 +'106.3% 10_2 a17_MS i139,900 -.16.8% 74.7'�6 195 -27.576 73.a -17.29fi S1N,450 -5.796
748St.PauCTvn�n&C�ounirv/MarriamPark 19.2'96 10 +6B.796 4.7 +1BA% 5132,000 -8.196 80.896 �2 •2.8% 8.1 -5.976 xt48,000 -4.�96
391 Saii�Y Laiis Park 15.6% 65 10.096 8.8 D.B�i t160,000 8.796 84.4l6 297 -13.7% 8.8 71A96 5228,000 6.19fi
3gg Vietorfa 12.8% 11 +120.096 4.8 -2BX 5256,000 -20.696 87.29G 75 +15A% 129 +bBZ% 3341.500 -78.T96
66p GoodMm CounN 15.3% 81 19.6% 7.7 9.�9. SB6,99B 21.8% 84.8% 339 3.4% 13.2 10.3% S1S5,'S00 -x.4%
385 i i 10.3% 50 r 35.7 9L 5.8 -14.1 St 5226,60Q 12.1 89.7% 434 7.3% 9.9 9.3% ;369,900 7.6%
71D�ArakaCoy� 31.D% 26 +23.89L 6.5 -18.8% 5136,fi00 -19J9L W.096 68 -0.096 t4.2 -10.4% =222,OOD -7.b%
302 i Ri miis�Centr,� 10.896 49 +16.77. 3.3 -t8_1Si L1T4,460 -9.4% 99L2'16 404 -13.9% 10.9 +Q.1% i2i7,600 -9.6%
g17 d�sanes 27.796 52 +t0.e% 5.1 -20.8% 5120,ODD -17.�% 72.3% 738 -25.3% 10.5 -18.096 3179,88E -S.I%
394 CarverCOUnN 22.8% 88 +2i,�% 6.1 -23A% 5930,123 -24.8% 77.796 237 -3P.7% N.5 -75A% 5218,tY6 -8.096
725 p�+g�wi.^.aga,�lKeEGno.�Oaktlala 3Z<76 83 +55.3% 8.9 -2{.1% 5130.000 -27.8% 87.896 173 -15.2% 9.4 -1�A96 fZ01,9G0 -8.8'!6
75p St.Paut•MacrGrnvaland!RWerRaad Sq.O% 13 +3p,p% as -se.zx 5202,000 +5.0% 86.0% 8a -22.3% 4.7 -18.b96 5236,000 -6.�76
378 In e«�ast 30.496 42 •-12b% 3.6 -26.iSi i135,000 14.696 69.196 94 28.2h6 6.6 -15.0% i188,OD0 -&096
7gg �7ourdaviewl�ewt3ndhtoNSt.Anthonv 23.0% 44 +7.3%� 6.0 -2&$% it32,000 21A� 77A% 147 -T1.8% T.1 -9.096 S2G9�B00 -4.6%
727 stiYnvaterl9avoort 18.896 87 +28.1% d0 -17.0'Ifi i767,376 -/8.3% 61.376 377 -21.0% 14.3 -t72% 5275,000 -7.4%
721 LakelandlQ!mNDenmark 16.9% 13 +30.096 di -27ASG 5163,73D +7.6% 83.176 64 -t9.0�6 226 -23% 5287,600 -3.296
392 F'�" Pra 223% 109 26.2% 48 28.2X 51�,750 t 6.4% 77.7% 379 -18.296 &.2 r 4.4% 5286,OG0 8.0%
380 im tntrWes; 165% 57 1.T96 &7 -33.8% St55,000 16296 83.5% 288 t0.6% 9.1 4.376 3236,000 2996
BOOyYO=tS[.F'aul 38.0% 41 +7.8% 4.7 -96.29i 591,500 -29.3% 64.096 73 -14.1% 8.B -77.896 57�,000 -12.0%
398 �i}nhasaen 18.9% 37 15.6% fi.e -38.2% 5230,�0 14.0% 83.696 187 t3.4% 9.8 2896 32A�i„000 0.394
726 WootlCUrv 30.296 172 +27.�9G 5.8 -57.71L 5190,OOD -9.396 �.8% 398 -2(I.496 7.3 -8.9% i289,600 -4.896
368 HennaFio-Nortlwvest 19.3% 45 +80.0% A.9 -56.89i St93,000 ♦7.8% 80.T96 188 -5.69b 23.3 -3.6l6 537�,301 a7.396
616 Rosemourk 28.5% 53 +20.5% 4.6 -98.7K 5198,000 -16.496 71.3% 133 -19.�l6 72 -4.4l6 i2I6,000 +3.G96
G46 Jortlan 36.996 24 2D.0% 4.8 -�OAX 5187,000 102% 63.196 41 34A96 14A r 13.�% t22Q,600 -1.596
705 LinoLakeslHUqolGenffirv91e 3249i 118 +20.4% 6.4 -40.5% 5149,OQ0 -8.391 67.896 248 +21% 10.2 +77% 5220,W0 -&3�i66
3g1 �ake Wltnnelonka Area 16.29i 147 +ap.5% B.T -d0.6% 5252,500 13.296 83.8% 75B 3.3% 20A 12A% 5399,900 t3%
6•�p Be�ypqine gg.5q6 3q +3g.0% 4.2 -41.5% 5740,000 -20.0% 61.496 S� -37.296 725 -27.6% S1d2,000 -&2%
374 Flvmowh 16.496 i8 t4<.496 8.1 •4�.47i 5�8'5.000 -t3.8% 83.6% 397 -72.6% 7.7 -9.89L 5282,000 -4.19L
707 Harnlake 29.79L 43 +19.4% 8.1 -46.29L 5208,W0 -13.19L 70.3% 1D2 -10.6% 2D.7 +3.1% 3249,875 -21.996
762 Andwer 33.996 93 -&896 4.5 -46.7% 5174.9U0 7.796 86.196 181 t3.496 10.3 -12.8% 3233,250 4.896
78i Arden HiIIS�Shoreview 20.09i 43 +72,0% 5.0 -46.7yi 5762,000 t7.B% 8Q.096 1T2 t3.896 7.8 -12.396 i227,700 -5.316
385 Mao�eCrovelOasgq 21.49i 718 +8.394 4.8 -46.6% 5156,000 -13.3% 78.8% 443 -i8.696 T.8 •&1% i2Q0.000 -1.7%
300 Minneacolis:!'�Iho�lsles 10,5% 39 r6,4% 4.6 •4d.8% 5170,000 -40.196 89.6% 331 -13A% 121 tQT9G f2b7,8S0 +6.0l6
7p5 nlnRncentra�surhurban 799'K 48 +86.6% 6.4 •49.4li 5131,000 -72.8% 80.2% 194 -8.3% 16.4 +17.3% 5220,000 -5.6%
52A Farcntnqtp,L 42.596 10T -O.D% 1.7 -472% 5160.000 70.8% 37.5% 145 38.6% 7.1 29.7% f797,000 10.276
626 LaF;evnk 28.79L 104 1.9% 4.3 -48.0% 5176,000 13.0% 73.3% 28S -?5.0% 7.B 15.896 S2W,250 -B.S%
3pg b7innearwlis'SoW!rNZSt 10.8% 36 -23.4% 3.6 -48.5% s�a� ,000 -24.0% 89.276 298 +2196 6.f +12.29i 3282,000 -6.076
711 South¢mChiaacwCounr� 26.396 106 -19.796 4.3 •60.6% 5�40,W0 -9.694 73.6% 294 -21.0% 21.3 t9.0% i178,000 -6.9%
304 �flnneaoons� Noka-nis 28.296 75 +7.1% 2.8 -61.a% 5716.00Q 22.1% 73.8% 217 7.9% 4.4 7.296 5216,000 -3.69L
642 PriorLake 28.3% 94 +2.2% 4.9 -67.7Y. 5183,006 -15.9% 73.7% 264 -32.3% 120 -32.896 5290,000 -8.29i
386 Ha kv� 33,1% 38 ♦30.096 12 -622y. 58�,600 -4.7% 64.9% 72 -6.5% 8.2 -1.296 i210,000 -0.996
648 M�vPraoueMewb!arkeVElko 31.796 80 -13.5% 5.5 -65.0% =206.000 -92% 6&396 129 -�.7% 11•2 •�0•296 5214,000 -7.S%
770Hi12au.ColumUlaHe�!�ts 47,4% 74 •18.996 3.6 -68.J7L 598.850 -14.096 62.696 82 -24.8% 72 -13.796 5169,900 -3.T96
780 Rantsev 47.196 88 -1.196 1.0 -6b.8% 5127,7b0 -19.396 52.9% 88 •41.8% 8.7 -4.496 5193,T60 -4A96
7qO St Paw_crxusHia 16.8% 26 16J% 3.8 -65.8% 598,760 -36.3% 84.276 739 -6.4% t3.8 +6.696 =282,000 -4.39i
3fi0 Robbinsd�e 32.7% 37 28.0% 3.4 -64.0% i102,500 23.5% 87.396 76 35.6'b 5.9 -�6.296 5166,000 -12.'396
612 Burnsvtlkg 27.3% 108 •21.2% 4.0 -64.3% 5148,950 -7.4% 727% 288 -18.8l6 D.3 -11.89fo S21Q,000 -9.5%
772 Newmrust_ aaui Part✓r�ttace Grnve 36.6% 104 -19.4% 3.6 -54.7% 5139,45Q -15.0% 84.4% 188 -9.8% B.7 28.296 i2�,T80 -B.8%
78B FricMeV 43.5% 8.196 3.8 64.7'/. 5120,900 -17.5% 66.576 78 37.8% B.3 17.8% 5164.600 8.696
3Q3 Minneaoofis:lorateltcw 43.296 38 -f3.8% 24 -64.9% 588,500 -30.8lfi 66.8% 'SO -49.0% 23 -48.8% 5197,000 -1.6%
7B4 lair» 30.5% 163 +1.95R 3.9 -66A9� 51�.825 -t3.3% Bb.b% 30B -73A'b 7.B -1�.8% 5201,000 -4.2%
870 �@g�p 25.2% 93 -11.4% 3.3 •d5A% E728,000 -Z2.196 T4.8% 276 -lB.B% 7.6 -Q616 5228.600 -9•0%
640 shakooee 39.196 138 -3.5% 4.1 -66.8i� St39,800 -t9.996 80.9% 216 -23.8% 7.6 -19.1% Q21,320 -0.4%
7pp FcresttakeArea 35.9% 109 +38.3% 4.8 -66.8% it2b,OD0 -Z6.4% 64.1% 185 -18.8% 76.3 �20.276 5208,860 -�•8%
767 L`oonRaO� 4B.�% 180 -iD.O% 3.7 -86.09� 5720,OOD -16.7% 61.876 1fl2 -A3.7% 8.7 -38.676 51�.800 -8.2%
3g7 Cnasha 223% 64 +25.BWi 3.7 -d8.6N. 5748,860 -16.696 77.7% 768 +18:296 126 +60.976 S2J0,000 -17996
361 rv t�l 38.19i IB -3T.7% 3.0 -6l.B% 580,800 -36.0% 81.896 78 -152% 4.6 •23A% tt68,000 -8.2%
75g F�kRtver 41.39/ 86 -l4.9% 4.Q -E7.39i SU1,640 -19.7% 68.796 122 -37.7% 128 -4.096 i20B.000 -0.0%
7gp Slter uib ,'neCouniv 40.t96 151 +2.11% 3.8 -b7.3Yi i'133,Z76 -15.996 69.996 228 -37.496 74.8 -8.3% 5183,000 -6.296
76g tlotthwesternAna¢aCCUnN 48.7% 83 -3.6% 4.3 -b�A% 3133,3W -/6.9% 63.4% 97 -�0.596 11•5 -42.396 5786,000 -12.b9�
720SoutbeaatS[Paul 34.A96 21 -27.6% 3.7 -67.6X 5117.,fi00 -48.5% 65.6% d0 -20.0% 7.6 -2T.3% it73,000 -81%
702 FalconHd�It�auderea�lRavevine i2.4% 25 +8.7% 5.2 -86.l7i 31G4,930 -27.3% 67.8% 17B -8.4% 7.9 +70.1% f221,D00 -2176 i
g� Ijice County 23.0% 73 6.8'N. S.8 69.0% 5116,000 4.2% 77.096 261 -10.8% 13.8 -10.8% SIS2,300 4.296
367 HeM�dn-Nnrth 28.0% 42 6.09R &6 6Y.6% f218,800 2.5% 72.0% 1PB 10A% 16-8 +32.7% S2EQ,600 6.8%
BOq MendotaR.iNdaleR.�endot� HefoFds 8.T% 8 27.3% 3.2 -OOA% 3204,000 0.396 93.3% S 12 0.996 127 0.1% i?bS,000 -12.3%
718 St. Paut Hitt �esthlazel Park�Davton's Blu1 65.D9L 2C19 7�.3% 32 -60.DX S&i.000 2b.0% 44./!6 t6b 29.'S96 3.a 48.� f128�90Q 71.II%
7�{q �PaurComo 2b.49� 16 +�.3% 3.3 -02'I% SB0.600 -36.396 74.816 47 -31.8% 3-4 -St.t% f19�,000 -8.M16
373 GoMen Vat�ev 1H.7% 26 +30A9i 4.D -E23% 3150.000 -22•096 93•3�6 130 13.316 9•3 0.896 na,930 10.896
8gp Chamdin 32.9gr b7 -18.6% 3.8 -64.6% S'138,160 -16.7% H7.116 11H -4.t% 9.B +21.39� i207.000 -1.0%
844 3avaae 31.6% 74 +7.2% �.8 -t2.0% S1B8,000 -1�.696 58.4% 160 -2D.3% 7_� -26.2% S217,600 +1.0%
3q0 B�1fab 28.8% 48 -38.6% 2.4 -62.6% S72T,000 -79.496 71.376 114 a21.3% 12B +83.2% 5778,4b0 -7•U%
674 �IeValla�t 28.996 700 -21A% 3.2 -ES.3X 5145,000 -14.296 71.1% 2�8 -32.6% 8.9 -2�.896 i204.600 -9.t%
772 �p,okwoodMoAh Si Paui 29.796 95 21.596 3.8 -9b.3% 5127,60D -17.7% 7D.3% 225 12.116 B.8 4.0% 5779.300 -10.396
362 NewHo44 38.3% 38 +2976 �.2 -89.7% 5133,?b0 -13_8% 61.Tl6 58 -�4.296 6.8 -43.3% i2�1.d60 -3.3%
713 Bethel �2.796 38 -78.7% 3.8 -CS.B% �138,770 -19.891 67.3l6 61 -�1.496 13.0 -17A96 f1B8.636 -8.891
772 Ler'uwmMCirclePines 34.796 17 +13.396 3.T -84.8% =120.000 -23.39�i 66.376 32 .'�.8% &9 -8.9% 5176.800 -3.a'1G
602 �ithSt Paw 38.996 M .P5.4% 3.7 -Q4.Q% i103,ODD -41.491 81.1l6 89 -32.t96 &Q -28.0% t161.000 -C.�
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341 �fCauniv 32.996 337 -0.996 3.7 -81.7% j135,800 -16.4% 87.196 688 -32.8% 125 -8.7% ;180,000 -',�p9i
308 Mlnmeaoolia'NOrth 37.t196 122 -56.396 2.0 -B6.T% 530.000 -27A9G 43.096 92 -23.396 T.8 +98.fi% 5109�900 a18.Nfi
728St.PauCRken•iewJCharoken q3.396 43 -22A% 3.6 -87.8X 560,375 .19.0% :56.796 S8 -29.616 7.4 -58.1% t157,766 -11.996
�38 28.096 1�{ -33,3g6 2.7 -86.3% SG7,D�p -25.1% 720% 36 +A7% 79 +�50.796 i138,460 -ti{.�qb
808 lrnrar Grrwn H I
e 30.296 62 8.896 4.2 08.8x S}34.y5p -191% N.896 143 -17.3% 11.0 74.lf% 5183,128
14B St. Paut SL Anthnnvltit6iwaY 20.456 19 .34,596 28 -6&T% S76,OOG -22.896 7g.5% 74 19.8% B.i -17.�9L 5173.000 -12bl6
'JD1 Minneaoolis:CamCen 48.796 146 -50.096 2.2 -8p.2% S36,ggp -3,g.7% 5139L 1SA -19.49E B.6 -29.8% 5110,000 .B.p7i
706 Whiteflear rea 23.29f. 83 +9.296 3.6 •BB,BX Si40,000 -18.<% 76.896 274 -20,696 1A8 -1.396 i'119,160 -&79L
742St.PautGntra� 58.i96 100 -33.396 4.< -BO.B% i40,00� -27.3% 41.996 72 -32.7% 8.4 -40.796 SD7,000 -19.196
752 y _St. Faul' NiohlaMArea 00
14.4% 16 +14.8% 3.2 -71,�% St43,000 -16,6% BS.gK 86 .7,8q6 g,9 +7.4% 5246,000 -6.4%
376 i Mi 33.7% 62 -17.4% 3.1 -71.4X 5121,OOD _21.6% 66.3% 122 -30.8% 4.B -27.596 S1B5,000 -8.�9L
7 40.8°6 12 -20.896 2.6 -722% 5116,900 -79.1% 89.2% 6l -16.4% &d -13.69b S1B6,UOD -6.79i
7548ipLaka7ownst7JQ 53,g96 g2 _g@y� y,� -M,59G 5130,0p0 -15.6% 44.2% 65 -61.296 8,9 -382% S1B4,980 +d996
714St.PauPPhalen 53.7% t24 �=21A% 3.1 -73.0% 563,000 -37.3% 46.9% fD7 -Y8.7l6 d.7 -90,1% i181,00Q -12.'196
3871�iinnetonka 16.3% 73 +23796 3.8 -7<.L% Si72,460 -11,696 83.T9r 378 -a.7qL 17.0 +6.7% 5261,950 -7,896
308 Mlm:ieaq�si �Pewctrrhom 48.2% 78 -49.7% 2.8 -7tl.b% ST2�500 -20.8% 53.896 92 -10.396 6.2 -40.0% t1B0,000 -7.09i
Broa�Park 65.895 33g '.p.0% 2.8 .-78.1% 5177,000 -24.5% M.2% 269 -Q0.29i g,6 -4B.D% f1B0.000 -tt.2%
308 innea n1iv�Northeast 32.896 38 -98.g96 2,1 -T7.0% EB<,718 .24.696 67.296 119 -182% 4.6 -21.9% i177,100 -Q24L
307 MSnneapWis:Phillios �50.0% 36 -1q.g% 28 -T6.3Y. Sfi4,89p -31.596 50,096 36 -3T.9% 9J -47.096 St38,BQ0 •6.2%
363 Braap.NnCtnter 59.8% 140 .27.5% 2t� -87.2% S73,OOD -34.8% 40.296 94 -38.1% Q.0 -67.0% St94,T00 -14.8%
310 Mwtne�lfs•�I^jv_q(�� 28.396 17 -66.3% 1.9 -8&1% 5972,300 +7.8% 71.7% A3 -35.89G S.6 -35.8% 5270,000 -�.b96
S-P9-^9�?B�P_@!� 44.7% 17 -3.fi96 0.8 -88.67G S1S7,S00 -22.496 66.396 21 +18.776 &0 +33,g96 Z1T0,000 -4.2%
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P�STSCRIPT. EXPLANATI�N UF METHQDOLOGY
The Q3 2oog Update relies irt part upon the analysis of subject(ve remarks that REAL'fORSm employ when listing propertfas in
the Twin Cities Regional Multipfe Listing Setvite, and in part upon data fields in this same system catled "In Foreclosure," "Bank-
Otivned" and "Short Sale." Thesa fields ailow users to marlc properties that ftt within these legal definitians.
14 property is "Lendec hltedlatedp when any of the faUowing rules are met:
In Foreciosure "Yes" Lender-Owned m "Yes" Shott Sale "Yes"
�ne ofthe fol(awingte�ns are found in Agent Remarics, Rublic Remarks or Financial f2emarks:
bank owned preforciosure subjectto corp subjeettothird
short sale subject to bank corporate owned hud-acquire
bank approv subject to grd corp owned had-acquired
fender approv subjett to lender corp, owned corporate•owned
3rd party apgrov redernption bank owned corp-owned
forecfosure shortsafe short•sale corp owner
preforedqsure reo 3rd-party approval subi to corp
forclosure hud acquire third-party approval
Note: properties contctining these spec�c ph�rses tn the some r�marlF frelds are Na7considetBd �ender-mediated
not a foreclosure not a short sale no short sale tired af short sale
not a forclosure nat a shortsale no sho�sale ti:ed of shortsale
no foreclasure not a short•sale no short-sale tired af shart-saEe
no forclosure nat short sale not a bank lired of foreclosure
not foret[osure not shortsale not bank tired of forclasure
not forclosu�e not shart-safe r�o bank
A property is a"LendervOw�ed Foreclosure" w6en any ofthe following rul� are met:
Lender-Owned a "Yes"
One ofthe following terms are found in Agerit Remarl�s, Pu6Eic Remarks or Financial Remarks:
Propertics arttaining the "Not ""No," aed "Ttned" phrosas liskd above an not wunted.
banlc owned forclosure hud-acquired corp. owned
bankowned reo torporate owned corp•owned
bank-owned hud acquire corporate-owned corp owner
foreclosure hud-acquire corp owned
A property is a�'Short Sa1e" when any of the folbwing ruies are me�
5hort Sa1e "Yes"
One of the following terms are found in Agerrt Remarks, Pub{ic Remarks or Financial Remarks:
PropeRks canwining the "'Not," "No," and "Tirrd" phrases fistad above ore not counkd.
short sale preforeclosure subjed to lender third-party approval
shortsale preforclosure redemption 3rd party apprave
short-sale bank approv subjed to corp subject ta third
in foreclosure iender approve subj to carp subjed to 3rd
in forclosure subject to bank 3rd-party apprvval
�2009 MinneapotlsArea Assoclatkn of REALTORSe Spor�sored by Royaf CrediE Unio� �'h^aw.rcu•or9 www mplsreaitor.com
Table 1-2: A e Distribution 1980-?,OOU
g
Age Group 1980 Percent 1490 Percent 2Q00 Pe�+cent
Under 5 2,419 7.7 2,597 7.3 °!0 1,9�7 6•7
6-17 6,457 2U.7 4,306 14.9 5,353 18.3
18-24 4,595 14.7 2,849 9.9 2,8�5 9.6
25-34 4,919 15.7 5,372 18.6 4,330 14.8
35-44 3,649 1 i.7 3,986 13.$ 4,451 15.3
45-54 4,244 13.5 %a 2,762 9.6 3,395 l I.6
55-64 2,985 4.6 3,48$ 12.1 2,374 8.2
65 and over 1,962 6.3 3,546 12.3 4,507 15.4
Median Age 28.9 33.8 35.3
H�USEHOLD AND FAMILY STaTUS
In keeping witb. the trend towards mare and smalter households, the number of one-person households
continued Lo increase dUxing the 1990s. Non-family households (two or more unmaztied persons)
increased at a rate during tlie 1990s tl�at was even greater than tlie rata of increase in the 1980s. 'The
number o� families with children under 18 continued to decline during the 1990s. The increase in
families with no children during the I980s was mare than offset by the decrease in such families during
the 1990s. The number of female single-pazent households continaed to rise during tlie 1990s, though
at a som.ewhat stower rate� than during the 1980s. Liicewise male suigle-parent households, though still
a small group, increased substantially. "Other family households" (i.e., single house-holder and adult
reiati�es) leveled off during the 1990s.
Table 1 Househoid and Fa'ly Stafus
1980 1990 Change 2000 °10 Change
Households
One-person 1,763 2,445 38.6 3218 31.6
Non-family 509 640 25.7 830 29.7
Families
Mazried, no children 3,449 3,775 9.4 30b1 -18.9 I
Married, children 3,784 2,568 -32.1 2236 -12.9 °/a I
Suigle Pazent, Female 815 963 181 1088 13.0
Singie Parent, Male l23 186 51.2 328 76.3 °fo
Other 397 649 63.4 669 3.1
1-4
POVFRTY LEVEL.
The number of persons living in paverty increased somewhat dvring the 1990s. Of those in poverty, over
one-third are under i8. About 7.3% percent of Brooklyn Centez residemts are below the poverty Ievel
and about 22% are below 200% of the poveriy level. The poverty leve3 was defined as $17,029 for a
faruity of four in 1999. Generally, a greater ntunber of persons living in Brooklpn Center have incomes
that place them below the poverty level and below 200% of the poverty level than in other neighboring
cities.
Table 1-4: Paverty Level
1980 1990 Chauge 2000 Change
A31 Person5 1,686 5.4 2,031 7.1% 20.4 °l0 2143 7.3 5.5 I
Persons under 18 860 3.0% 775 2.7 -9.9
Persons over 65 130 0.5% 243 0.8 86.9
Persons Z00% 4,773 15.4% 5,3$1 18.7% 21,4% 6313 21.9'/0 17.3
Table i-5: Poverty Levels in Brooklyn Center and Neighboring Cities
f 1980 I 1940 2000
itt %<200% il7 %�200% Of tn °to<2f10%
Povertv of Poverty PovertY Povecty Povcrt.y of Poverty
Braoklyn C� 5.4 15.4 7.1 18.7 7.4 21.9
Bxooklyn Pazk 6.0 14.9 7.5 17.0 5.1 I6.2
Crystal 3.0 12.1 3.8 12.8 4.4 13.2
Robbinsdale 3.8 16.3 5.0 16.7 4.7 17.5
Columbia Hts. 5.3 16.8 8.5 21.6 6.4 22.2
Fridley 4.2 I3.9 6.1 17.1 7.3 18.b
RACIAL AND FTHNIC COMPOSITFON
The trend in the direction of more racial diversity accelerated duzing the 1990s. Tiie largest absolute
increase again occurred among African Americans, and the number of Asian residents z�ealized the largest
percentage i,x►crease more thau 30t1%. The ntwiber of persons who ident�fied themselves as Hispanic also
more than doubled during the 1990s.
1-5
Table 1 Racial Cornpos�tion,1980
1980 of Total 1990 of To#a1 2U00 of Tota]
White 24,984 96.4 26,271 90.9 20,825 71.4
African American 530 1.2 1,502 5.2 4,110 14.1
American Indian 201 .6 271 .9 253 .9
Asivi and ot�er S1S 1.6 843 2.9 2,569 8.8
Hispanic* 273 .9 367 I.3 823 2.8
Total Minority 4,5 2,820 9.8 8,642 29.6
*Hispanic population consists of people of any race. "Percent minoriry" includes all persons af minority
races pIus pezsons tx�ho identified the�selves as white and Hispanic.
As a percentage of total popuIation, Broolclyn Center's minority population is more thnn two �nes ttiat of
neigl�boring ciries, except Brooklyn Park, Braokly�i Center's minority population and mi�nority
population compasiiion, as a pezceatage of totai population, is very similar to that of Bz+ooklyn Park.
Table ].-7: Minoriiy Populalion in Brooklyn Center and Neighboring Cities
(as percent ot#otal population)
African American Asian and H Total
American Indian other Minority
Brooklyn Center 14.1 U.9 8.8 2.8 29.6
Brooklyn Park 14.3 0.6 9.3 2.9 29.7
Crystal 42% 0.6% 3.4% 2.5% 12.8%
Robbittsdate 5.7 0.6 2.1 2.0 12.4
Coiuiubia Hei�#s 3,6 1.6 3.5 3.1 14.2
k'ridley 3.4% 0.8% 3.0% 2.6% 12.5%
n�oerc.rrY
According to the 2000 census, amang persons five years �id older, 56 percent had lived in the sarae
dwelling for five years or more, while the remaining 44 percent had xnoved from elsewhere. Mobiliiy �as
inc�'eased since 1990 when 60 percent had lived in the same dwelliug for five years or more.
4f Bxooklyn Center residents fve years or oIder, about 25 percent moved from eLsewl�ere in Hennepin
County,l6 pezceut relocatad &orn a di.fferent couniy and three percent moved to the community from outside
t�e country. This shows a fairly stable population. In Hennepin Couniy, by contras� about 50 percent had
moved fram elsewhere.
1-6
EDUCATION LEVELS
The educationallevel attained by Brooklyn Center residents increased slightly beEween 1990 aud 2000. Of
the 20�0 population aged 25 and over, 8? perrcent were high school graduates, while 17 percent had a
bachelor's degree or higher. In comparison, in 1990 84 percent of the population aged 2S and over were
higli scHool graduates and 14 percent liad a bschelor's degree or higher. Ia Hennepiar Couuty in 2000, by
contrast, 88 percent were high school graduates and 32 percent had a co�Iege degree.
HOUSEHQLD AND FAMILY INCOME LEVEtS
Like many f�rst zing suburbs, Broaklyn Center housefloid and family income failed to keep pace with
u�ation in the 1990s. Also like other first-ring suburbs, Brooklyn Cen�ter saw marked increases in the
elderly population during the decade, paraJleling the increase in residents living in poverty.
Table 1-S: Household and Family Income,1990-200Q
1989 (1999$) 1999 Percent Change
Median Household �45,925 $44,570 2.9
Median Family $52,175 $52,006 0.3
Real income, or income adjusted for inflation, tieclined for most neighboruig ciries. Brooklyn 2'ark and
Robbinsdaie, where buying power increased, weie the exceptions to this general decline in xeal incoxne.
Table 1-9: Change in Real Ho�sehuld Inconie in Broo�clyn Center
and Neigh6oring Cities,1994-2000
I989 (1999$) 1999 Percent Change
Brooklyn Center 45,925 44,57Q -3.0
Brooltlyll Park 53,788 56,572 S.2
Cry� 49,856 48,736 -2.2
Robbinsdale 44,633 48,271 8,2
Colu�anbia Heiglits 44,953 40,562 -1.0
Friale3' 49,536 48,372 -2.3
EMPLOYMENT
Of the City's population, 70.1 percent was in the iabor fozce in 2000, comparable to neighboring ciries and
to Hennepin County. The imemployment raEe for persons in the Iabor force was 3.5%. (The "labor force" is
defined as alI persons 16 or over who are employed or nnemployed i.e., those who are actively seeking
and availabie for work. It does not include persans in the military.) Low labor farce participalaon is
generaliy correlated to a high percentage of retired persons.
I-7