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Helping make real estate dreams come true

Tentative signs that home prices have stopped
falling may simply be too good to be true. Prices
have in fact risen on a month-over-month basis
in several of the widely followed price indices.
We believe these price gains reflect the holding
back of foreclosed properties from the market
and a dearth of sales of higher-priced homes.
While we expect home prices to decline further,
we believe the bulk of the decline is behind us.
The Case-Shiller 10-city index has declined a
cumulative 32.3 percent since peaking in mid-
2006. We expect the absolute bottom to be
around mid-2010, with a cumulative loss of 36
percent.

from the WELLS FARGO SECURITIES, LLC
ECONOMICS GROUP


House not selling? Falling behind on your home payments? Listng contract expiring?


Call Kathleen Lordbock
Keller Williams Realty Brainerd Lakes
218-829-4664
218-831-8001
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