Well, at this moment, 11/15/ 11am, I am attending an auction, along with 1000+ people, for MN real estate that is being held in Minneapolis over the next two days. Over 500 houses with be sold in 2 days.

They post a dollar amount called Previously Valued To and the winning bids range from 30% to 105% of the PVT with most being around 50% of the PTV. And the prices seem to be higher than expected say the two investors I am representing.

Affordable Housing

So where are all the people that were vociferously stating the need for affordable housing? You heard them on the radio and read about their fears in the newspaper. They should be shouting from the roof tops that we now have an abundance of affordable housing. But I don't hear their voices and I wonder why.

Housing is affordable!!!

There is mortgage money [fixed rate for 30 years] that in many cases has a down payment of 3%!!!

Did they go away because they make a living being an advocate for affordable housing and when there is no need then they switch to another paying cause? Who knows for certain but I do know there is affordable housing.