Tuesday, February 23, 2010

Foreclosures in Minnesota remain "dangerously high"


Foreclosures in Minnesota remain "dangerously high"

There were 23,019 home foreclosures in Minnesota in 2009. While that was down 12 percent from 2008, it was still the second highest year on record, according to the Minnesota Home Ownership Center.

“The foreclosure numbers in Minnesota remain dangerously high,” said Ed Nelson, marketing and communications manager for the center.

Hennepin County had the highest number of home foreclosures in the state in 2009, followed by Ramsey, Anoka, Dakota and Washington counties.

The Top 10
Home foreclosures in 2009, by county
1. Hennepin........5,655
2. Ramsey..........2,519
3. Anoka............2,069
4. Dakota............1,787
5. Washington....1,255
6. Wright...............861
7. Scott.................811
8. Sherburne.........702
9. Stearns.............506
10. St. Louis..........441

For more information click here

Source: Minnesota Home Ownership Center



CHAD ELLIOT, REALTOR©

The Hennepin Group, LLC

Keller Williams Realty

17205 Yale Street NW, Suite D
Elk River, Minnesota, 55330

Mobile: (651) 795-1147

Fax: (763) 241-0187

Email: chadelliot@kw.com