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Housing market heats up -- home prices are up, inventories are down

Published 08/12/2012, DL-Online

For the past four years, it seemed the housing market in Minnesota was in a free fall. Prices plunged and equity for many was lost. And while the Detroit Lakes area wasn’t hit nearly as dramatically as what the statewide statistics show, it was still felt. But now, according to the Lakes Country Association of Realtors, that cold housing market is heating back up.

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