Stay Curious. Stay Connected.
MailNewsletters♡Donate Now
Sign up
*Password must be at least 8 characters and contain one uppercase letter, one lowercase letter, one number and one symbol.
Already have an account?
By submitting, you consent that you are at least 18 years of age and to receive information about MPR's or APMG entities' programs and offerings. The personally identifying information you provide will not be sold, shared, or used for purposes other than to communicate with you about MPR, APMG entities, and its sponsors. You may opt-out at any time clicking the unsubscribe link at the bottom of any email communication. View our Privacy Policy.
Sign in to your profile
Forgot Password?
New to MPR News?
Welcome back
to news
for you
Reset Password

Enter the username on file and we'll send you a code to reset your password.

Still require assistance or not sure what your User Name is?
Welcome back
to news
for you
Email Verification

A verification code has been emailed to

Still awaiting the code?
Annie Baxter
St. Paul, Minn.

Minn. home foreclosures fall in first quarter of 2009

Go Deeper.

Create an account or log in to save stories.

Like this?

Thanks for liking this story! We have added it to a list of your favorite stories.

HousingLink's data focus on homes in an early stage of foreclosure show that Minnesota had about 5,200 foreclosures in the first four months of 2009, down nearly 20 percent from the same period last year.

Twin Cities foreclosures dropped 23 percent over the same period and Greater Minnesota saw a decline of about 13 percent.

Ed Nelson is with the Minnesota Home Ownership Center, which oversees housing counseling services around the state. He said, while foreclosures are down in early 2009, his organization expects the year-end numbers to look similar to last year's, when the state had 27,000 foreclosures.

"I think we'll see a bit of an uptick or some catch-up in the remaining quarters of 2009," Nelson said.

Many banks had stopped foreclosures earlier this year. Nelson said as those programs come to an end and the economy remains weak, foreclosures may rise.