275 Market Street

Suite 509
Minneapolis, MN 55405
Telephone: 612-522-2500
Facsimile: 612-521-1577
www.housinglink.org

About the Minnesota Homeownership Center

About Greater Minnesota Housing Fund

About Minnesota Housing

About Family Housing Fund

About HousingLink

Table of Contents

Eight-Year History of Minnesota Foreclosures

Figure 1
30,000
Minnesota
Metro

25,000

Greater MN

20,000
15,000
10,000
5,000
0
2005

2006

2007

2008

2009

2010

2011

2012

2012 Foreclosure Counts

Map
2012 Foreclosure Rates
Map
2011 2012 Foreclosure
Counts Data
2011 2012 Foreclosure
Rates Data

2012 Foreclosures in Minnesota: A Report Based on County Sheriffs Sales Data (February 8, 2013)
Minnesota Homeownership Center (651) 659-9336

Page 1

Figure 2

Minnesota Foreclosures in 2012

by County
Actual number of foreclosures is indicated along with each county name
Kittson
1

Roseau
27

Lake of the Woods

3

Marshall
10

Koochiching
23

Pennington
13

Polk
29

Norman
14

Traverse
5

Cook
12

Clearwater
15

Becker
52

Wadena
34

Otter Tail
120

Grant
18

Hubbard
53

Douglas
109

Stevens
Pope
12
24
Big Stone
7
Swift
23

Todd
79

Lake
42

St. Louis
483

Itasca
115

Mahnomen
12

Clay
69

Wilkin
3

Beltrami
76

Red Lake
1

Cass
99

Crow Wing
281

Morrison
93

Aitkin
74

Mille LacsKanabec
98
163

Carlton
104

Pine
152

Total Foreclosures
0 - 50 (n = 40)

Isanti
Chisago
Sherburne 319
313
526
Anoka
1588
Wright
Kandiyohi
Meeker
608
82
82
Lac qui Parle Chippewa
HennepinRamsey
26
8
Washington
1655
4130
903
McLeod Carver
Yellow Medicine
135
Renville
284
8
17
Scott Dakota
1525
Sibley
601
58
Lincoln Lyon
Redwood
Goodhue
2
37
Nicollet Le Sueur Rice
33
138
98
Wabasha
Brown
49
251
58
37

Pipestone Murray
18
7
Rock
19

Nobles
27

Stearns
346

Cottonwood
Waseca Steele Dodge
Watonwan Blue Earth
14
57
119
54
126
17
Jackson
18

51 - 150 (n = 29)

Benton
94

Martin
42

Faribault
46

Freeborn
137

Mower
114

Olmsted
335

151 - 250 (n = 2)
251 - 500 (n = 8)

501 - 1,000 (n = 4)

1,001 - 2,500 (n = 3)
> 2,501 (n = 1)
0

25

Winona
100

Fillmore
51

Houston
35

50

100 Miles

2012 Foreclosures in Minnesota: A Report Based on County Sheriff 's Sale Data

Funded by: MN Homeownership Center, Greater MN Housing Fund, Family Housing Fund, & MN Housing
Data Source: County reported sheriff's sales
Page 2

2012 Foreclosures in Minnesota: A Report Based on County Sheriff's Sales Data (February 8, 2013)
Minnesota Homeownership Center (651) 659-9336

Figure 3

Minnesota Foreclosure Rates in 2012

by County
Actual number of foreclosures is indicated along with each county name
Kittson
1

Roseau
27

Lake of the Woods

3

Marshall
10

Koochiching
23

Pennington
13

Polk
29

Beltrami
76

Red Lake
1

Cook
12

Clearwater
15
Norman
14

Mahnomen
12
Becker
52

Clay
69

Wilkin
3

Traverse
5

Cass
99

Wadena
34

Otter Tail
120

Grant
18

Hubbard
53

Douglas
109

Stevens
Pope
12
24
Big Stone
7
Swift
23

Todd
79

Lake
42

St. Louis
483

Itasca
115

Crow Wing
281

Morrison
93

Stearns
346

Aitkin
74

Mille LacsKanabec
98
163

Carlton
104

Foreclosure Rates

Pine
152

0% - 0.25% (n=11)

Isanti
Chisago
Sherburne 319
313
526
Anoka
1588
Wright
Kandiyohi
Meeker
608
82
82
Lac qui Parle Chippewa
HennepinRamsey Washington
26
8
1655
4130
903
McLeod Carver
Yellow Medicine
135
Renville
284
8
17
Scott Dakota
1525
Sibley
601
58
Lincoln Lyon
Redwood
Goodhue
2
37
Nicollet Le Sueur Rice
33
138
98
Wabasha
Brown
49
251
58
37

Pipestone Murray
18
7
Rock
19

Nobles
27

Cottonwood
Waseca Steele Dodge
Watonwan Blue Earth
14
57
119
54
126
17
Jackson
18

Martin
42

0.26% - 0.5% (n=24)

Benton
94

Faribault
46

Freeborn
137

Mower
114

Olmsted
335

0.51% - 0.75% (n=18)

0.76% - 1.0% (n=17)
1.01% - 1.5% (n=12)
1.51% - 2.0% (n=4)
>2.0% (n=1)
0

25

Winona
100

Fillmore
51

Houston
35

50

100 Miles

2012 Foreclosures in Minnesota: A Report Based on County Sheriff 's Sale Data

Funded by: MN Homeownership Center, Greater MN Housing Fund, Family Housing Fund, & MN Housing

Page 3

Foreclosure Rate = Number of foreclosed mortgages as a percent of total residential parcels

Data Source: County reported sheriff's sales and 2011 parcel counts from the
MN Department of Revenue

2012 Foreclosures in Minnesota: A Report Based on County Sheriff's Sales Data (February 5, 2013)
Minnesota Homeownership Center (651) 659-9336

Figure 4: MN County Foreclosure Counts, 2011-2012 (sorted by county)

Twin Cities Metro*

Greater Minnesota*
Minnesota*
Aitkin
Anoka
Becker
Beltrami
Benton
Big Stone
Blue Earth
Brown
Carlton
Carver
Cass
Chippewa
Chisago
Clay
Clearwater
Cook
Cottonwood
Crow Wing
Dakota
Dodge
Douglas
Faribault
Fillmore
Freeborn
Goodhue
Grant
Hennepin
Houston
Hubbard
Isanti
Itasca
Jackson
Kanabec
Kandiyohi
Kittson
Koochiching
Lac qui Parle
Lake
Lake of the Woods
Le Sueur
Lincoln
Lyon
Mahnomen
Marshall
Martin
McLeod

Page 4

2011
TOTAL
13,181
8,117
21,298

2012
Q1
2,874
1,900
4,774

2012
Q2
2,931
1,860
4,791

2012
Q3
2,615
1,835
4,450

2012
Q4
2,266
1,614
3,880

2012
TOTAL
10,686
7,209
17,895

2011 - 2012
Change
-19%
-11%
-16%

71
2,015
75
63
128
10
174
67
116
331
123
28
366
85
12
4
20
358
1,985
77
126
32
42
129
170
15
4,953
23
74
317
121
11
113
98
1
22
12
27
9
129
9
40
8
13
43
178

20
436
15
22
20
0
38
9
20
58
31
7
71
17
3
0
4
76
417
13
24
12
12
31
39
2
1,087
14
14
95
29
7
23
27
0
4
1
8
1
29
0
7
4
4
10
33

19
417
15
13
28
1
41
13
34
86
30
10
82
22
4
3
3
66
413
17
33
10
19
34
36
5
1,167
5
17
70
27
4
26
13
0
9
4
5
1
26
0
10
3
1
13
36

17
404
15
20
24
3
24
11
26
70
24
5
74
21
5
5
1
74
358
9
38
14
8
35
36
7
1,025
9
8
79
31
4
24
18
1
2
2
13
1
23
1
9
3
2
12
38

18
331
7
21
22
3
23
4
24
70
14
4
86
9
3
4
6
65
337
15
14
10
12
37
27
4
851
7
14
75
28
3
25
24
0
8
1
16
0
20
1
11
2
3
7
28

74
1,588
52
76
94
7
126
37
104
284
99
26
313
69
15
12
14
281
1,525
54
109
46
51
137
138
18
4,130
35
53
319
115
18
98
82
1
23
8
42
3
98
2
37
12
10
42
135

4%
-21%
-31%
21%
-27%
-30%
-28%
-45%
-10%
-14%
-20%
-7%
-14%
-19%
25%
200%
-30%
-22%
-23%
-30%
-13%
44%
21%
6%
-19%
20%
-17%
52%
-28%
1%
-5%
64%
-13%
-16%
0%
5%
-33%
56%
-67%
-24%
-78%
-8%
50%
-23%
-2%
-24%

2012 Foreclosures in Minnesota: A Report Based on County Sheriffs Sales Data (February 8, 2013)
Minnesota Homeownership Center (651) 659-9336

Meeker
Mille Lacs
Morrison
Mower
Murray
Nicollet
Nobles
Norman
Olmsted
Otter Tail
Pennington
Pine
Pipestone
Polk
Pope
Ramsey*
Red Lake
Redwood
Renville
Rice
Rock
Roseau
Saint Louis
Scott
Sherburne*
Sibley
Stearns
Steele
Stevens
Swift
Todd
Traverse
Wabasha
Wadena
Waseca
Washington
Watonwan
Wilkin
Winona
Wright
Yellow Medicine

2011
TOTAL
94
193
109
155
13
59
29
7
356
146
13
174
14
34
29
2,078
2
17
22
268
13
32
516
744
613
57
340
141
3
17
77
6
58
45
50
1,075
24
6
83
747
16

2012
Q1
17
40
28
35
1
15
5
2
94
32
1
24
6
7
3
452
0
8
6
62
4
3
142
174
154
12
97
26
3
5
31
4
12
5
15
250
6
2
30
164
3

2012
Q2
26
51
16
28
2
14
7
6
95
30
2
47
7
5
5
449
1
11
2
72
5
6
101
152
140
19
85
40
2
10
14
0
15
8
16
247
3
1
18
141
1

2012
Q3
21
40
23
26
1
13
8
3
95
34
5
34
5
10
10
394
0
6
4
61
6
9
124
146
130
13
90
29
3
3
18
1
22
11
11
218
6
0
21
161
2

2012
Q4
18
32
26
25
3
7
7
3
51
24
5
47
0
7
6
360
0
8
5
56
4
9
116
129
102
14
74
24
4
5
16
0
9
10
15
188
2
0
31
142
2

2012
TOTAL
82
163
93
114
7
49
27
14
335
120
13
152
18
29
24
1,655
1
33
17
251
19
27
483
601
526
58
346
119
12
23
79
5
58
34
57
903
17
3
100
608
8

2012 Foreclosures in Minnesota: A Report Based on County Sheriffs Sales Data (February 8, 2013)
Minnesota Homeownership Center (651) 659-9336

2011 - 2012
Change
-13%
-16%
-15%
-26%
-46%
-17%
-7%
100%
-6%
-18%
0%
-13%
29%
-15%
-17%
-20%
-50%
94%
-23%
-6%
46%
-16%
-6%
-19%
-14%
2%
2%
-16%
300%
35%
3%
-17%
0%
-24%
14%
-16%
-29%
-50%
20%
-19%
-50%

Page 5

Figure 5: MN County Foreclosure Counts, 2011-2012 (sorted by 2012 total)

Twin Cities Metro*

Greater Minnesota*
Minnesota*
Hennepin
Ramsey*
Anoka
Dakota
Washington
Wright
Scott
Sherburne*
Saint Louis
Stearns
Olmsted
Isanti
Chisago
Carver
Crow Wing
Rice
Mille Lacs
Pine
Goodhue
Freeborn
McLeod
Blue Earth
Otter Tail
Steele
Itasca
Mower
Douglas
Carlton
Winona
Cass
Kanabec
Le Sueur
Benton
Morrison
Kandiyohi
Meeker
Todd
Beltrami
Aitkin
Clay
Sibley
Wabasha
Waseca
Dodge
Hubbard
Becker

Page 6

2011
TOTAL
13,181
8,117
21,298

2012
Q1
2,874
1,900
4,774

2012
Q2
2,931
1,860
4,791

2012
Q3
2,615
1,835
4,450

2012
Q4
2,266
1,614
3,880

2012
TOTAL
10,686
7,209
17,895

2011 - 2012
Change
-19%
-11%
-16%

4,953
2,078
2,015
1,985
1,075
747
744
613
516
340
356
317
366
331
358
268
193
174
170
129
178
174
146
141
121
155
126
116
83
123
113
129
128
109
98
94
77
63
71
85
57
58
50
77
74
75

1,087
452
436
417
250
164
174
154
142
97
94
95
71
58
76
62
40
24
39
31
33
38
32
26
29
35
24
20
30
31
23
29
20
28
27
17
31
22
20
17
12
12
15
13
14
15

1,167
449
417
413
247
141
152
140
101
85
95
70
82
86
66
72
51
47
36
34
36
41
30
40
27
28
33
34
18
30
26
26
28
16
13
26
14
13
19
22
19
15
16
17
17
15

1,025
394
404
358
218
161
146
130
124
90
95
79
74
70
74
61
40
34
36
35
38
24
34
29
31
26
38
26
21
24
24
23
24
23
18
21
18
20
17
21
13
22
11
9
8
15

851
360
331
337
188
142
129
102
116
74
51
75
86
70
65
56
32
47
27
37
28
23
24
24
28
25
14
24
31
14
25
20
22
26
24
18
16
21
18
9
14
9
15
15
14
7

4,130
1,655
1,588
1,525
903
608
601
526
483
346
335
319
313
284
281
251
163
152
138
137
135
126
120
119
115
114
109
104
100
99
98
98
94
93
82
82
79
76
74
69
58
58
57
54
53
52

-17%
-20%
-21%
-23%
-16%
-19%
-19%
-14%
-6%
2%
-6%
1%
-14%
-14%
-22%
-6%
-16%
-13%
-19%
6%
-24%
-28%
-18%
-16%
-5%
-26%
-13%
-10%
20%
-20%
-13%
-24%
-27%
-15%
-16%
-13%
3%
21%
4%
-19%
2%
0%
14%
-30%
-28%
-31%

2012 Foreclosures in Minnesota: A Report Based on County Sheriffs Sales Data (February 8, 2013)
Minnesota Homeownership Center (651) 659-9336

Fillmore
Nicollet
Faribault
Lake
Martin
Brown
Lyon
Houston
Wadena
Redwood
Polk
Nobles
Roseau
Chippewa
Pope
Koochiching
Swift
Rock
Grant
Jackson
Pipestone
Renville
Watonwan
Clearwater
Cottonwood
Norman
Pennington
Cook
Mahnomen
Stevens
Marshall
Lac qui Parle
Yellow Medicine
Big Stone
Murray
Traverse
Lake of the Woods
Wilkin
Lincoln
Kittson
Red Lake

2011
TOTAL
42
59
32
27
43
67
40
23
45
17
34
29
32
28
29
22
17
13
15
11
14
22
24
12
20
7
13
4
8
3
13
12
16
10
13
6
9
6
9
1
2

2012
Q1
12
15
12
8
10
9
7
14
5
8
7
5
3
7
3
4
5
4
2
7
6
6
6
3
4
2
1
0
4
3
4
1
3
0
1
4
1
2
0
0
0

2012
Q2
19
14
10
5
13
13
10
5
8
11
5
7
6
10
5
9
10
5
5
4
7
2
3
4
3
6
2
3
3
2
1
4
1
1
2
0
1
1
0
0
1

2012
Q3
8
13
14
13
12
11
9
9
11
6
10
8
9
5
10
2
3
6
7
4
5
4
6
5
1
3
5
5
3
3
2
2
2
3
1
1
1
0
1
1
0

2012
Q4
12
7
10
16
7
4
11
7
10
8
7
7
9
4
6
8
5
4
4
3
0
5
2
3
6
3
5
4
2
4
3
1
2
3
3
0
0
0
1
0
0

2012
TOTAL
51
49
46
42
42
37
37
35
34
33
29
27
27
26
24
23
23
19
18
18
18
17
17
15
14
14
13
12
12
12
10
8
8
7
7
5
3
3
2
1
1

2012 Foreclosures in Minnesota: A Report Based on County Sheriffs Sales Data (February 8, 2013)
Minnesota Homeownership Center (651) 659-9336

2011 - 2012
Change
21%
-17%
44%
56%
-2%
-45%
-8%
52%
-24%
94%
-15%
-7%
-16%
-7%
-17%
5%
35%
46%
20%
64%
29%
-23%
-29%
25%
-30%
100%
0%
200%
50%
300%
-23%
-33%
-50%
-30%
-46%
-17%
-67%
-50%
-78%
0%
-50%

Page 7

Figure 6: MN County Foreclosure Rates, 2011-2012 (sorted by county)

Twin Cities Metro

Greater Minnesota
Minnesota
Aitkin
Anoka
Becker
Beltrami
Benton
Big Stone
Blue Earth
Brown
Carlton
Carver
Cass
Chippewa
Chisago
Clay
Clearwater
Cook
Cottonwood
Crow Wing
Dakota
Dodge
Douglas
Faribault
Fillmore
Freeborn
Goodhue
Grant
Hennepin
Houston
Hubbard
Isanti
Itasca
Jackson
Kanabec
Kandiyohi
Kittson
Koochiching
Lac qui Parle
Lake
Lake of the Woods
Le Sueur
Lincoln
Lyon
Mahnomen
Marshall
Martin
McLeod
Meeker

Page 8

2011
Rate*
1.43
0.91
1.18

Q1 2012
Rate
0.31
0.21
0.26

Q2 2012
Rate
0.32
0.21
0.26

Q3 2012
Rate
0.28
0.21
0.25

Q4 2012
Rate
0.25
0.18
0.21

2012 Rate
1.16
0.81
0.99

0.95
1.86
0.61
0.50
1.12
0.37
0.93
0.68
0.94
1.11
1.07
0.56
2.00
0.47
0.35
0.20
0.38
1.44
1.53
1.11
0.89
0.48
0.48
1.02
1.01
0.53
1.30
0.31
0.90
2.36
0.68
0.23
1.81
0.64
0.04
0.39
0.34
0.54
0.50
1.21
0.30
0.46
1.41
0.45
0.26
0.48
1.05

0.27
0.40
0.12
0.17
0.18
0.00
0.20
0.09
0.16
0.19
0.27
0.14
0.39
0.09
0.09
0.00
0.08
0.31
0.32
0.19
0.17
0.18
0.14
0.25
0.23
0.07
0.29
0.19
0.17
0.71
0.16
0.15
0.37
0.18
0.00
0.07
0.03
0.16
0.06
0.27
0.00
0.08
0.26
0.23
0.08
0.11
0.19

0.25
0.38
0.12
0.10
0.25
0.04
0.22
0.13
0.28
0.29
0.26
0.20
0.45
0.12
0.12
0.15
0.06
0.27
0.32
0.24
0.23
0.15
0.22
0.27
0.21
0.18
0.31
0.07
0.21
0.52
0.15
0.08
0.42
0.08
0.00
0.16
0.11
0.10
0.06
0.24
0.00
0.11
0.28
0.17
0.02
0.15
0.29

0.23
0.37
0.12
0.16
0.21
0.11
0.13
0.11
0.21
0.23
0.21
0.10
0.40
0.12
0.15
0.26
0.02
0.30
0.28
0.13
0.27
0.21
0.09
0.28
0.21
0.25
0.27
0.12
0.10
0.59
0.17
0.08
0.39
0.12
0.04
0.04
0.06
0.26
0.06
0.22
0.03
0.10
0.30
0.17
0.04
0.14
0.23

0.24
0.30
0.06
0.17
0.19
0.11
0.12
0.04
0.19
0.23
0.12
0.08
0.47
0.05
0.09
0.20
0.11
0.26
0.26
0.22
0.10
0.15
0.14
0.29
0.16
0.14
0.22
0.09
0.17
0.56
0.16
0.06
0.40
0.16
0.00
0.14
0.03
0.32
0.00
0.19
0.03
0.13
0.22
0.11
0.06
0.08
0.20

0.99
1.46
0.42
0.60
0.83
0.26
0.68
0.37
0.84
0.95
0.86
0.52
1.71
0.38
0.44
0.61
0.26
1.13
1.18
0.78
0.77
0.70
0.58
1.08
0.82
0.64
1.08
0.46
0.64
2.37
0.65
0.38
1.57
0.53
0.04
0.41
0.23
0.84
0.17
0.92
0.07
0.42
1.07
0.68
0.20
0.47
0.92

2012 Foreclosures in Minnesota: A Report Based on County Sheriffs Sales Data (February 8, 2013)
Minnesota Homeownership Center (651) 659-9336

Mille Lacs
Morrison
Mower
Murray
Nicollet
Nobles
Norman
Olmsted
Otter Tail
Pennington
Pine
Pipestone
Polk
Pope
Ramsey
Red Lake
Redwood
Renville
Rice
Rock
Roseau
Saint Louis
Scott
Sherburne
Sibley
Stearns
Steele
Stevens
Swift
Todd
Traverse
Wabasha
Wadena
Waseca
Washington
Watonwan
Wilkin
Winona
Wright
Yellow Medicine

2011
Rate*
2.11
0.86
1.07
0.31
0.59
0.38
0.20
0.73
0.60
0.27
1.60
0.34
0.28
0.58
1.43
0.11
0.26
0.32
1.38
0.33
0.54
0.69
1.73
2.15
0.95
0.75
1.13
0.08
0.38
0.78
0.31
0.68
0.84
0.73
1.32
0.55
0.21
0.52
1.79
0.35

Q1 2012
Rate
0.44
0.22
0.24
0.02
0.15
0.07
0.06
0.19
0.13
0.02
0.22
0.14
0.06
0.06
0.31
0.00
0.12
0.09
0.32
0.10
0.05
0.19
0.41
0.54
0.20
0.21
0.21
0.08
0.11
0.32
0.20
0.14
0.09
0.22
0.31
0.14
0.07
0.19
0.39
0.07

Q2 2012
Rate
0.56
0.13
0.19
0.05
0.14
0.09
0.17
0.19
0.12
0.04
0.43
0.17
0.04
0.10
0.31
0.06
0.17
0.03
0.37
0.13
0.10
0.14
0.35
0.49
0.32
0.19
0.32
0.05
0.22
0.14
0.00
0.18
0.15
0.23
0.30
0.07
0.03
0.11
0.34
0.02

Q3 2012
Rate
0.44
0.18
0.18
0.02
0.13
0.10
0.09
0.19
0.14
0.10
0.31
0.12
0.08
0.20
0.27
0.00
0.09
0.06
0.31
0.15
0.15
0.17
0.34
0.46
0.22
0.20
0.23
0.08
0.07
0.18
0.05
0.26
0.21
0.16
0.27
0.14
0.00
0.13
0.39
0.04

Q4 2012
Rate
0.35
0.21
0.17
0.07
0.07
0.09
0.09
0.10
0.10
0.10
0.43
0.00
0.06
0.12
0.25
0.00
0.12
0.07
0.29
0.10
0.15
0.16
0.30
0.36
0.23
0.16
0.19
0.11
0.11
0.16
0.00
0.11
0.19
0.22
0.23
0.05
0.00
0.19
0.34
0.04

2012 Rate
1.79
0.73
0.78
0.17
0.49
0.35
0.41
0.68
0.49
0.27
1.39
0.43
0.24
0.48
1.14
0.06
0.50
0.25
1.30
0.48
0.45
0.65
1.40
1.84
0.97
0.76
0.95
0.32
0.51
0.80
0.26
0.68
0.63
0.83
1.11
0.39
0.10
0.63
1.46
0.17

2012 Foreclosures in Minnesota: A Report Based on County Sheriffs Sales Data (February 8, 2013)
Minnesota Homeownership Center (651) 659-9336

Page 9

Figure 7: MN County Foreclosure Rates, 2011-2012 (sorted by 2012 rate)

Twin Cities Metro

Greater Minnesota
Minnesota
Isanti
Sherburne
Mille Lacs
Chisago
Kanabec
Anoka
Wright
Scott
Pine
Rice
Dakota
Ramsey
Crow Wing
Washington
Hennepin
Freeborn
Mahnomen
Aitkin
Sibley
Steele
Carver
Le Sueur
Meeker
Cass
Carlton
Lake
Waseca
Benton
Goodhue
Todd
Mower
Dodge
Douglas
Stearns
Morrison
Faribault
Olmsted
Marshall
Wabasha
Blue Earth
Saint Louis
Itasca
Hubbard
Grant
Wadena

Page 10

2011
Rate*
1.43
0.91
1.18

Q1 2012
Rate
0.31
0.21
0.26

Q2 2012
Rate
0.32
0.21
0.26

Q3 2012
Rate
0.28
0.21
0.25

Q4 2012
Rate
0.25
0.18
0.21

2012 Rate
1.16
0.81
0.99

2.36
2.15
2.11
2.00
1.81
1.86
1.79
1.73
1.60
1.38
1.53
1.43
1.44
1.32
1.30
1.02
1.41
0.95
0.95
1.13
1.11
1.21
1.05
1.07
0.94
0.54
0.73
1.12
1.01
0.78
1.07
1.11
0.89
0.75
0.86
0.48
0.73
0.45
0.68
0.93
0.69
0.68
0.90
0.53
0.84

0.71
0.54
0.44
0.39
0.37
0.40
0.39
0.41
0.22
0.32
0.32
0.31
0.31
0.31
0.29
0.25
0.26
0.27
0.20
0.21
0.19
0.27
0.19
0.27
0.16
0.16
0.22
0.18
0.23
0.32
0.24
0.19
0.17
0.21
0.22
0.18
0.19
0.23
0.14
0.20
0.19
0.16
0.17
0.07
0.09

0.52
0.49
0.56
0.45
0.42
0.38
0.34
0.35
0.43
0.37
0.32
0.31
0.27
0.30
0.31
0.27
0.28
0.25
0.32
0.32
0.29
0.24
0.29
0.26
0.28
0.10
0.23
0.25
0.21
0.14
0.19
0.24
0.23
0.19
0.13
0.15
0.19
0.17
0.18
0.22
0.14
0.15
0.21
0.18
0.15

0.59
0.46
0.44
0.40
0.39
0.37
0.39
0.34
0.31
0.31
0.28
0.27
0.30
0.27
0.27
0.28
0.30
0.23
0.22
0.23
0.23
0.22
0.23
0.21
0.21
0.26
0.16
0.21
0.21
0.18
0.18
0.13
0.27
0.20
0.18
0.21
0.19
0.17
0.26
0.13
0.17
0.17
0.10
0.25
0.21

0.56
0.36
0.35
0.47
0.40
0.30
0.34
0.30
0.43
0.29
0.26
0.25
0.26
0.23
0.22
0.29
0.22
0.24
0.23
0.19
0.23
0.19
0.20
0.12
0.19
0.32
0.22
0.19
0.16
0.16
0.17
0.22
0.10
0.16
0.21
0.15
0.10
0.11
0.11
0.12
0.16
0.16
0.17
0.14
0.19

2.37
1.84
1.79
1.71
1.57
1.46
1.46
1.40
1.39
1.30
1.18
1.14
1.13
1.11
1.08
1.08
1.07
0.99
0.97
0.95
0.95
0.92
0.92
0.86
0.84
0.84
0.83
0.83
0.82
0.80
0.78
0.78
0.77
0.76
0.73
0.70
0.68
0.68
0.68
0.68
0.65
0.65
0.64
0.64
0.63

2012 Foreclosures in Minnesota: A Report Based on County Sheriffs Sales Data (February 8, 2013)
Minnesota Homeownership Center (651) 659-9336

Winona
Cook
Beltrami
Fillmore
Kandiyohi
Chippewa
Swift
Redwood
Otter Tail
Nicollet
Pope
Rock
McLeod
Houston
Roseau
Clearwater
Pipestone
Lyon
Becker
Norman
Koochiching
Watonwan
Clay
Jackson
Brown
Nobles
Stevens
Pennington
Cottonwood
Big Stone
Traverse
Renville
Polk
Lac qui Parle
Martin
Yellow Medicine
Lake of the Woods
Murray
Wilkin
Lincoln
Red Lake
Kittson

2011
Rate*
0.52
0.20
0.50
0.48
0.64
0.56
0.38
0.26
0.60
0.59
0.58
0.33
0.48
0.31
0.54
0.35
0.34
0.46
0.61
0.20
0.39
0.55
0.47
0.23
0.68
0.38
0.08
0.27
0.38
0.37
0.31
0.32
0.28
0.34
0.26
0.35
0.50
0.31
0.21
0.30
0.11
0.04

Q1 2012
Rate
0.19
0.00
0.17
0.14
0.18
0.14
0.11
0.12
0.13
0.15
0.06
0.10
0.11
0.19
0.05
0.09
0.14
0.08
0.12
0.06
0.07
0.14
0.09
0.15
0.09
0.07
0.08
0.02
0.08
0.00
0.20
0.09
0.06
0.03
0.08
0.07
0.06
0.02
0.07
0.00
0.00
0.00

Q2 2012
Rate
0.11
0.15
0.10
0.22
0.08
0.20
0.22
0.17
0.12
0.14
0.10
0.13
0.15
0.07
0.10
0.12
0.17
0.11
0.12
0.17
0.16
0.07
0.12
0.08
0.13
0.09
0.05
0.04
0.06
0.04
0.00
0.03
0.04
0.11
0.02
0.02
0.06
0.05
0.03
0.00
0.06
0.00

Q3 2012
Rate
0.13
0.26
0.16
0.09
0.12
0.10
0.07
0.09
0.14
0.13
0.20
0.15
0.14
0.12
0.15
0.15
0.12
0.10
0.12
0.09
0.04
0.14
0.12
0.08
0.11
0.10
0.08
0.10
0.02
0.11
0.05
0.06
0.08
0.06
0.04
0.04
0.06
0.02
0.00
0.03
0.00
0.04

Q4 2012
Rate
0.19
0.20
0.17
0.14
0.16
0.08
0.11
0.12
0.10
0.07
0.12
0.10
0.08
0.09
0.15
0.09
0.00
0.13
0.06
0.09
0.14
0.05
0.05
0.06
0.04
0.09
0.11
0.10
0.11
0.11
0.00
0.07
0.06
0.03
0.06
0.04
0.00
0.07
0.00
0.03
0.00
0.00

2012 Rate
0.63
0.61
0.60
0.58
0.53
0.52
0.51
0.50
0.49
0.49
0.48
0.48
0.47
0.46
0.45
0.44
0.43
0.42
0.42
0.41
0.41
0.39
0.38
0.38
0.37
0.35
0.32
0.27
0.26
0.26
0.26
0.25
0.24
0.23
0.20
0.17
0.17
0.17
0.10
0.07
0.06
0.04

2012 Foreclosures in Minnesota: A Report Based on County Sheriffs Sales Data (February 8, 2013)
Minnesota Homeownership Center (651) 659-9336

Page 11

Study Purpose and Objectives

Updated foreclosure counts for all Minnesota counties

Updated foreclosure rates for all Minnesota counties

This report does not include a foreclosure projection.

Methodology

Page 12

2012 Foreclosures in Minnesota: A Report Based on County Sheriffs Sales Data (February 8, 2013)
Minnesota Homeownership Center (651) 659-9336

Overview of the Foreclosure Process

2012 Foreclosures in Minnesota: A Report Based on County Sheriffs Sales Data (February 8, 2013)
Minnesota Homeownership Center (651) 659-9336

Page 13

Sheriffs Sale Records

Data Collection

Foreclosure Rate Metric

foreclosure rate (in percentage) = sheriffs sales in county / residential parcels in county3

Page 14

2012 Foreclosures in Minnesota: A Report Based on County Sheriffs Sales Data (February 8, 2013)
Minnesota Homeownership Center (651) 659-9336