house prices greatly diminished, default risks on new mortgage loans are also reduced." Each quarter, UFA assesses economic
conditions and their impact on future defaults. UFA was founded in 1990 by Capozza and Dr. Larry Benveniste, dean at the University of Minnesota Carlson School of Management and a former staff member of the board of governors of the Federal Reserve System. Together, the two profes- sors have more than 50 years of experience in mathematical modeling and data analysis to financial problem solving.
Minnesota
rank: 41 90+ Day
1.55% 1.81% -14.1% 90+ Day 1.51% year ago 1.85% percent point change -18.4% 36.9%
Top Core-Based Statistical Area LA CROSSE, WI-MN
90+ Day 1.30% year ago 2.08% percent point change -37.3% 10.9%
note: The 90+ Day delinquecy rate is the percentage of outstanding mortgage loans that are 90- plus days delinquent. The foreclosure rate is the percentage of outstanding mortgage loans currently in
foreclosure. State rank is based on the August 2012 foreclosure rate. All figures are rounded to the nearest decimal. The unemployment rate reflects preliminary August 2012 figures released by the Bureau of Labor Statistics. All other data courtesy of Lender Processing Services.
long.doan@realtygroupmn.com
Long H. Doan Realty Group Inc. 612-719-3731
Keller Williams Premier Realty 651-209-8444
Michael Olsen mike@mikeolsen.com Minnesota www.MinnesotaREO.com
Bruce McAlpin Jeff Detloff Long H. Doan Maribel Garcia Garth Johnson Craig Murphy Michael Olsen
612-669-6324 952-829-2938 763-432-7640 612-821-7500 952-844-1511 763-533-9133 651-209-8444
Keller Williams Integrity Lakes 612-821-7500
Maribel Garcia maribelgarcia@kw.com 2.51% Delinquency Rate august 2012 2.78%
Foreclosure Rate
2.61% Delinquency Rate
Foreclosure Rate
august 2012 1.71%
year ago 2.05%
percent point change -16.7%
Top County RENVILLE COUNTY
Delinquency Rate august 2012 3.58%
Jeff Detloff RE/MAX Results 952-829-2938 jdetloff@gmail.com
Foreclosure Rate
Unemployment Rate
5.9% 6.5% -9.2% brucemcalpin@aol.com
Bruce McAlpin Edina Realty, Inc. 612-669-6324
gjohnson@therealtyhouse.com
Garth Johnson Realty House 952-844-1511
www.MinnesotaREO.com Rebuilding Communities Throughout Minnesota
Craig Murphy Epic Realty, Inc. 763-533-9133 craig@cemurphy.com
The Face of MinnesotaREO… Making a Difference
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