News of Foreclosures, Foreclosure Properties Information and How to Find Distressed Properties for Sale
A number of foreclosed homes auctions are being planned by the city officials of Saint Paul, Minnesota to reduce the number of vacant and foreclosed homes across the city.
The city of Albert Lea has received approval for its plan of acquiring 30 foreclosed homes for sale and rehabilitating them for subsequent sale to qualified first-time home buyers.
Last month, Minneapolis, Minnesota saw its home sales jumped by 33 percent. This is the 12th consecutive month that the city has experienced a rise in home sales. This data provided some hope on the languishing housing market, particularly that a large volume of sales last month were from bank REO properties.
The city council of Shoreview, Minnesota is planning to require owners of abandoned, vacant and repossession homes to register their properties to prevent them from becoming blights in neighborhoods and communities in the area.
