Twin Cities home sales surged in September. Roughly 4,200 homes sold in September which is 35% MORE THAN THE SAME MONTH IN 2007. Pending sales are up 42% in September compared to the same month in 2007. Of the pending sales 42% were bank mediated. This September increase is a continuation of a trend over the past 6 months. Perhaps the housing market is finally beginning it's turnaround.
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