Kevin Knudsen, President of the Minneapolis Area Association of Realtors (MAAR) reviews the record breaking months in the housing industry. Kevin said we have seen the biggest increase in sold homes 42.2% from Sept.07-Sept 08 since 1998. He also states that this may be attributed to the removing of the Down Payment Assistance (DPA) programs. This could have caused a flurry of activity for buyers using these programs to get into their homes. Check out the video below for the full story:
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