A study commissioned by the Greater Minnesota Housing Fund predicts a 39 percent increase from a year ago. If the projections hold true, one in every 31 households statewide will have dealt with a foreclosure from 2005 to the end of 2008.
Is your home in foreclosure or are you worried that foreclosure looms? If you’d like to tell your story, e-mail Business Editor Pat Kelley at pat.kelley@cantonrep.com , or call (330) 580-8323.
When we hear about the foreclosure crisis, the inner-cities normally come to mind first as those places hit hardest. However, a new study shows that’s not the case. Tom Halden reports from Elk River with some new numbers and what’s projected to be a bad year outside the metro.
The number of U.S. homes heading toward foreclosure more than doubled in the first quarter from a year earlier, as weakening property values and tighter lending left many homeowners powerless to prevent homes from being auctioned to the highest bidder, a research firm said Tuesday.
The advertisement really is a sign of the times — as is the reaction to it. The three-column display ad appeared in Monday’s Beacon News. Foreclosure Home Bus Tour: View foreclosures on the market in Sandwich, Somonauk, Sheridan and Plano.
More…
Contact:
Copyright © 2005 Foreclosures Expert.com All Rights Reserved