North Dakota Foreclosure Listings

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North Dakota Foreclosures for Sale

North Dakota is situated in the northern region of North America, bordering on Canada and surrounded by South Dakota, Montana and Minnesota. The state's geography is structured into several regions, including the Red River Valley, which is situated in the eastern part of the state, containing a series of widespread flatlands used for the production of crops. The Drift Prairie is situated in the northern region of the state and features large sweeping hills and an abundance of lakes. Another important area of the state is The Badlands, which is located in the southwest part of North Dakota This area features a wide array of natural formations made from stone and clay. Overall, North Dakota houses many impressive and dominating natural structures.

Some of North Dakota's major cities include Fargo, which is the state's largest city, along with the state capital, Bismarck. Other important cities include Mandan (located in Morton County), Minot (Ward County), Grand Forks (Grand Forks County) and West Fargo (Cass County). Bismarck has the best source of shopping in all North Dakota, largely due to one of its major shopping centers, the Kirkwood Mall. Besides the city's lively atmosphere, the housing market indicates positive figures, providing ample opportunity for potential purchasers of North Dakota home foreclosures. The current median listing price of a Bismarck foreclosure sit at around $143,900, which is a decrease of 22.6 percent from last year's first quarter. Fargo displays similar statistics, with average prices ranging around $149,900, a drop of 6.3 percent from last year. These figures indicate consistent trends across the state, with North Dakota foreclosures following a similar path too.

North Dakota's economy thrives due to its agricultural industry; in fact, the beef industry generates the largest revenue of all farming sectors in North Dakota. Other important products include hogs, meat, honey and wheat. The state is highly regarded is an important source of wheat for the nation's people. Coinciding with the state's highly productive agricultural industry, the state's food processing business is considered to be the most lucrative sector in North Dakota's manufacturing industry. Products such as pasta, bread, oils, potatoes, meat and sugar are among the most important and most common items to be sold. Along with the food processing sector, the production of computer parts and petroleum products also contribute a generous amount towards the growth of this state's economy.