The positive trends in housing continue as the Minnesota Home Ownership Center released Q4 2012 preforeclosure notice statistics that show such notices declined an astounding 45% from a year ago in both the Twin Cities and Minnesota as a whole: (click on images for a full view) As preforeclosure notices proceed a sheriff sale by 2-6 months, the continued decline of notices foretells future declines in sheriff sales and the continued waning of foreclosures in our housing market. There were still 39,000 … [Read more...]
