The Minnesota Homeownership Center has just released its latest report on the number of foreclosures - as counted by completed Sheriffs' Sales - for every county in Minnesota.
The report, titled “Foreclosures in Minnesota,” identified a total
of 17,895 foreclosures in Minnesota in 2012, a decrease of 16% from 2011.
You can view the full report, here.
“We continue to see improvement in the housing market and we know
that our foreclosure prevention efforts in Minnesota, combined with
improvements in how banks and lenders deal with struggling homeowners are
having a positive impact on the number of foreclosures,” stated Julie Gugin,
Executive Director of the Minnesota Homeownership Center. “While we’re
certainly moving in the right direction, we can’t lose sight of the fact that
the number is still three times higher than it was before the crisis began. ”
Struggling homeowners are encouraged to seek help from a certified
foreclosure prevention specialist that is a member of the Homeownership
Advisors Network as soon as possible.
Waiting limits a homeowners options. If you, or someone you know is struggling with mortgage payments... visit www.hocmn.org or call
the Minnesota Homeownership Center at 866-462-6466.
Founded in 1993, the Minnesota Homeownership Center is celebrating
20 years of promoting successful homeownership throughout the state and has
been one of the state’s primary responders to the foreclosure crisis.
