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Mortgage foreclosure sales down significantly

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The number of pre-foreclosure notices continues to drop significantly in the Twin Cities, including Dakota County.

During the first half of 2013 the number of completed sheriff’s sales, the final step of the foreclosure process in Minnesota, has fallen to the lowest level since the beginning of the housing crisis. Statewide, there were 6,795 foreclosures in the first two quarters of 2013. This number is 29 percent less than the same period of 2012.

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