How Many Homes in Blaine Are Underwater?

Unfortunately I have not found a source to measure underwater homes at the city level. I haven't even been able to find a source for the state level aside from what I see from News Sources.

However, we can see which listings are in Foreclosure, a Shorts Sale and Traditional.

The Chart below shows the distribution of inventory in Blaine, Minnesota.

What we really want to look at is inventory and as you can see in the chart to the right Blaine entered a Balanced Market in August 2011 and is nearly a Seller's Market.

• Balanced Market = 5 - 7 Months of Inventory
• Seller's Market = Less than 5 Months of Inventory

Homes for Sale in Blaine Minnesota