Housing Link

A Minnesota Independent analysis of foreclosure data from across the state reveals that the crisis is worst where congressional representation is doing the least to address the issue: Rep. Michele Bachmann’s 6th district leads the state with 5,227 foreclosures and 1.8 percent of households in foreclosure in 2008, but the second-term Republican voted against five key foreclosure relief bills.

A recent report by RealtyTrac reveals that Minnesota foreclosures rose 42 percent in September compared to foreclosure filings during the same period in 2007. Overall there were 2,144 foreclosure filings in Minnesota during September, placing Minnesota 26th in the nation for foreclosure filings that month. Hennepin County made up more than half of all foreclosure filings in the state.