Foreclosures in the state have fallen to the lowest level since 2006, the Minnesota Homeownership Center reported this month.
There were 17,895 homes sold at sheriffs’ sales in 2012, which amounted to a 16 percent decrease compared to 2011. But the decrease in foreclosures wasn’t as big outside the Twin Cities metro area. The Twin Cities had an average reduction of 19 percent in foreclosures, while greater Minnesota’s drop was 11 percent.
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