MN: Foreclosures Improving in State

Jan Schley, a real-estate agent with 1 Stop Realty, of Kasson, has been selling foreclosed houses in Dodge County and surrounding areas for 20 years.

“There’s never been as many as in the last two years,” she said. And while the first quarter of 2010 has had fewer cases, “they tell us that there’s a large number of them coming,” she said.

A new report shows that seven of the eight counties in southeastern Minnesota had double digit increases in foreclosures in 2010. Statewide, there were 25,673 foreclosures in 2010, an 11 percent increase.

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