Foreclosure Research

If you are a renter dealing with foreclosure, please click here.
If you are a homeowner dealing with foreclosure, contact the Homeownership Center.

To learn more about HousingLink foreclosure research please contact Dan Hylton, HousingLink's Research Manager, at 612-767-4682 (ext. 222).

FORECLOSURES IN MN SERIES:

JUST RELEASED: 2013 Annual Foreclosures in MN
Released: February 2014
There were 11,834 foreclosures in Minnesota in 2013. This number is a 34 percent decrease from 2012, with the relief beling relatively balanced between the Twin Cities metro area and Greater MN....

Q3 2013 Foreclosure Update
Released: November 2013
With 2,972 foreclosures in Minnesota, Q3 of 2013 becomes the first quarter falling short of the 3,000 mark since 2006....

2013 Semi Annual Foreclosures in MN
Released: August 2013
There were 6,795 foreclosures in Minnesota in the first two quarters of 2013. This number is 29 percent less than in the same period of 2012, with a greater decline seen in the Twin Cities metro area than in Greater MN....

2012 Annual Foreclosures in Minnesota
2011 Annual Foreclosures in Minnesota
2010 Annual Foreclosures in Minnesota
2009 Annual Foreclosures in Minnesota
2008 Annual Foreclosures in Minnesota

HousingLink was commissioned to complete the Foreclosures in MN report series by The Minnesota Home Ownership CenterGreater Minnesota Housing FundMinnesota Housing, and Family Housing Fund.

OTHER FORECLOSURE RESEARCH:

Foreclosure Recovery Progress Report Through Q4 2012
Released: February 2013
Thanks to support from Family Housing Fund and Twin Cities Local Support Initiatives Corporation (Twin Cities LISC), HousingLink tracked foreclosure recovery efforts of the Minnesota Foreclosure Partners Council (MFPC) over a period of five years, via a series of semi-annual reports. This report, through the end of 2012, concludes the series. The MFPC is a collaborative effort by local government agencies andnonprofits to address the foreclosure crisis in Minnesota.  In the Fall of 2010, HousingLink's quantitative measurement of three goals was adopted into the MFPC's Coordinated Plan to Address Foreclosures.

Geographic Distribution of MN Foreclosures 2007-2011
Released: July 2011
HousingLink has been tracking Minnesota foreclosures at the county level since 2005 with nearly comprehensive statewide coverage since 2007. Over that time, we’ve seen the foreclosure crisis move from one largely based on mortgage products to one that is based on the economy (e.g. unemployment or under-employment). How might that transition affect Greater MN, relative to the Twin Cities 7-county metro area? We explored that issue by dividing all MN counties into quartiles, according to their rate of foreclosure, then comparing how that distribution shifts, over time. The resulting maps seem to indicate that that the crisis, which hit our urban communities particularly hard early on, has spread to other areas throughout the state. HousingLink is able to continue its efforts in tracking this critical measurement due to funding by the Minnesota Foreclosure Partners Council and cooperation by county sheriff departments.

Useful Links
If you are interested in finding out about how to postpone a foreclosure on your property, The Minnesota Homeownership Center has important information listed on their site. It is also available in Spanish and they have a helpful guide to filling out the paperwork for Spanish speakers.
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