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This market update for St. Cloud concerns bank owned and distressed property for sale in St. Cloud Florida this year.
According to the Mid-Florida MLS, there are currently 987 homes for sale. Approximately 21% of this inventory is either bank owned (44), short sales (136) or in foreclosure (32).
So far in 2008, 19% of the homes that have sold in St. Cloud were bank owned homes.
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- Greg Staker, Watson Realty Corp., 407-304-0255
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