Minnesota foreclosure levels are down again in the first quarter of 2012 and are now at the lowest levels since 2007!  According to Housing Link, the numbers are down from the first quarter of  2011 by 10%, with declines seen in both the Twin Cities Metro (down 11.5%) and Greater Minnesota (down 7.4%).  58 counties have seen a decrease in the number of foreclosures, 8 have remained steady and 21 counties have seen an increase.  The most notable declines are in the Twin Cities Metro Area.