Foreclosures are making a comeback in Minnesota. And this time, the fastest growth might be in homes located by shopping malls, smaller towns and docks at the lake — not those at the urban centers of the Twin Cities. Foreclosures in the first three months increased by 28 percent in Minnesota compared with the same period in 2009, according to a report released Tuesday. With 6,716 foreclosures statewide, the tally between January and March was the biggest quarterly number in Minnesota since 2008 — the state’s worst year for foreclosures, according to the report from HousingLink, a Minneapolis-based nonprofit that studies housing issues.
Diana Golobay was a reporter with HousingWire through mid-2010, providing wide-ranging coverage of the U.S. financial crisis. She has since moved onto other roles as a writer and editor.see full bio
Most Popular Articles
Latest Articles
From resilience to antifragility: Rethinking cybersecurity for real estate and mortgage professionals
In information security, we’ve long spoken about resilience. The goal has been to withstand an attack, recover quickly, and return to business as usual. But in today’s environment—where attackers adapt and evolve daily—resilience is no longer enough. We must go further. We must embrace antifragility.
-
From local to global: RE/MAX’s Chris Lim on the next era of real estate relationships
-
Stop marketing like it’s 2008: You’re invisible
-
RE/MAX accelerates real estate innovation with AI and technology
-
Retirement plans for small-business owners have visible generational gaps
-
VA loans rise as housing market shifts toward buyers
Diana Golobay was a reporter with HousingWire through mid-2010, providing wide-ranging coverage of the U.S. financial crisis. She has since moved onto other roles as a writer and editor.see full bio
