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New Minnesota Foreclosure News

By Posted in - Real Estate & Recent News on May 7th, 2010 0 Comments

Here are the latest statistics on foreclosures in Minnesota.   Some mixed signals overall.   Most notably the west metro and Lake Minnetonka area have seen significant increases in lender mediated activity over the past several months.   The hardest hid areas of the Twin Cities early on have seen significant improvement in overall numbers.   Watch for increased short sales and foreclosures in the upper bracket as supply has continued to be extremely high in most areas of the metro.   Although much of the data is not favorable we are in much better shape according to most metrics than areas in other parts of the country.  Our diverse economy in the Minneapolis/St. Paul metro has kept us much stronger in regard to jobs and business expansion.  Click on the link to view the data.

http://www.mplsrealtor.com/downloads/market/Lender-Mediated/Main.htm

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