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Minnesota FORECLOSURES and SHORT SALES..
The first quarter of 2009, 36.1 percent of new listings and 58.8 percent o closed sales were lender mediated.
Lender mediated sales have increased 147.4 percent in the last year, while traditional sales have fallen by 41.2 percent.
http://www.Mnhomescontractfordeed.com
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The number of lender mediated properties for sale dropped by more than 1,200 units from Feb 1 to April of 2009.
This is after 4 years of growth. The decline is very impressive considering that the spring market typically sees an increase in the number of homes for sale.
The growth in lender –mediated market share places a heavy downward weight on sales prices-figures that the housing market in its entirety . We are going to see massive declines in value. The median sale price of lender mediated homes in the 1st quarter of 2009 was $122,900- a decrease of 21.7% from the same time last year. The median sale price for traditional homes was $212,000 – a quarter drop of 3.6%.
We have 1000s of home in Minnesota contract for deed.
Low down-bad credit ok. We have mn homes-lake homes-cabins cd-Wisconsin cabins contract for deed in western WI.
We specialize in lake homes and waterfront properties and contract for deed homes.
Steve Vennemann
651-334-8312
Boardwalk premier realty INC
CALL US TODAY TO SEE 1000S OF HOMES IN MINNESOTA AND WESTERN WISCONSIN CONTRACT FOR DEED-HUD HOMES-http://www.mnlakeplace.com/index.php?action=page_display&PageID=5 <!--StartFragment-->
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