Thursday, June 18, 2009

MPR: Foreclosures Fall First Quarter 2009

Yesterday on MPR Annie Baxter highlighted the HousingLink data that shows that foreclosures have dropped slightly in the first quarter of 2009 in Minnesota. You can read the article here.

Center staff were quoted once again in this article.

We've received a number of emails from our readers... apparently too shy to reply in the comments... about where they see foreclosures heading in Minnesota. (See the question we posed in yesterdays post: Star Tribune: Foreclosure Trend Question).

Most agree that we'll see similar numbers to 2008 - - but that the DISTRIBUTION of the foreclosures will be different. Most feel we'll see more suburban and greater Minnesota foreclosures as the economy impacts those areas more heavily. What say you? Feel free to respond in the comments.

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