According to the Minnesota Home Ownership Center, foreclosures were down 17% in 2011 bringing them down to the lowest levels since July 2007!  Hennepin and Ramsey counties foreclosure numbers declined as well bringing them to levels on par with the rest of the Twin Cities Metro area.  Although this is good news, the rate of foreclosures is still 3-4 times higher than before the housing crisis began. (more…)