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Thursday, September 24, 2009

3,700 foreclosed homes in Minnesota

According to RealtyTrac, Minnesota received highest foreclosure rate in Upper Midwest. Nearly 3,700 homes have been foreclosed in the month of August, a decline of nearly 11 percent from a month earlier, but an increase of 70 per cent compared to a year ago. Minnesota’s foreclosure rate is 21st highest in the nation. More than 358,000 foreclosure filings were received in August. That’s up 18 percent from a year ago.

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