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Shakopee Houses For Sale Analyzed

By Posted in - community on June 21st, 2011 0 Comments

Shakopee Houses For Sale

Houses For Sale in Shakopee were assessed again by Top Realtors: As we have seen done frequently throughout the past few years, Realtors are keeping close tabs on the market conditions of the mini markets or Suburbs.

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The Shakopee housing inventory continues to be plagued by elevated foreclosure levels and increased short sale activity by distressed sellers.  “These conditions are not going away anytime soon,”  states Top Shakopee Realtor, Joe Welu with ReMax.

By most accounts we will see new listings to be heavily weighted from distressed sellers.  This has been the strong factor in the Shakopee market for close to 5 years now according to most reports.

Housing values are geared towards buying now

Shakopee housing prices favor purchasing over renting in many situations.   Overall its almost impossible to find a high quality rental according to many potential renters inquiring to local Real Estate offices.   Its pushing people to purchase before they are truly ready to get back into the market which can be good from an inventory perspective.   These inventory levels will be decreased if the rental choices continue to dwindle.

Visit for Shakopee housing news and current listing inventory, or call 952 943 1324

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