Tuesday, December 16, 2008

The Rochester, MN real estate market has seen a slight upturn with the mortgage rates falling.
In the last 24 hours our market has seen 18 new listings, 13 closed, 20 listings have had contracts expire and we have had 30 price reductions. Currently there are 831 homes for sale in Rochester. Minnesota is home to the Mayo Clinic which is consistently ranked as a top health care facility in the world. We are also home to IBM which employs over 4000 people in the computer industry.

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