Minnesota's Foreclosure Rate Jumps 52% First Half of 2009 vs. 2008 – RealtyTrac
July 16, 2009
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RealtyTrac just released it’s latest report for the number of foreclosures in the U.S. The number of properties in foreclosure in the first half of 2009 vs. the first half of 2008 have increased by 15% nationwide. In Minnesota, the number have increased by 52%. Click here for the state by state breakdown on the foreclosure data including Minnesota’s stunning increase.
Loan modifications are slow in coming and the government and mortgage service providers have not been able to stay ahead of the market. The Associated Press, via Yahoo! News published this story this morning on the latest foreclosure data and loan modifications information.
 
 
