Mibor released on Friday their final report for foreclosure numbers for 2012. They reported that 22.7 percent of all closed sales for 4th quarter 2012 were foreclosures and that 20.4 percent of all new listings for foreclosed properties. Foreclosed sales have increased 55.1 percent over same period in 2010. They also noted a drop in foreclosed listings of 13.4 percent over last two year period. It appears that prices are going to continue to rise in the Indianapolis Real Estate market and that we are trending upward which is good news for all of us.
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