Anoka County among hardest hit in housing crisis
The county's foreclosure rate was among the fastest growing in the metro region, and the prevention hot line is on the front lines.
By PAUL LEVY, Star Tribune
Anoka County has the highest rate of foreclosures in the metro area, according to 2007 statistics, with calls to a county foreclosure-prevention hot line having quadrupled in recent months.
"It's explosive, unbelievable, like a train wreck with people who have overextended themselves crashing against changing interest rates," said Jan Backlin, director of home ownership programs at Anoka County Community Action Program (ACCAP), which runs the hot line.
Full Story Here
The county's foreclosure rate was among the fastest growing in the metro region, and the prevention hot line is on the front lines.
By PAUL LEVY, Star Tribune
Anoka County has the highest rate of foreclosures in the metro area, according to 2007 statistics, with calls to a county foreclosure-prevention hot line having quadrupled in recent months.
"It's explosive, unbelievable, like a train wreck with people who have overextended themselves crashing against changing interest rates," said Jan Backlin, director of home ownership programs at Anoka County Community Action Program (ACCAP), which runs the hot line.
Full Story Here
Centerville Foreclosures
2005 ~7
2006 ~16
2007 ~21
2008 ~14 (Aug. 31)
2005 ~7
2006 ~16
2007 ~21
2008 ~14 (Aug. 31)
Anoka County
2005 ~520
2006 ~849
2007 ~1,680
2008 ~1,622 and counting...
*Statistics From the Anoka County Community Development Dept
Current 9/15/2008
Minnesota Foreclosure Data
HousingLink is an independent, nonpartisan, Twin Cities-based organization that specializes in the collection and distribution of affordable housing information. HousingLink's data and information is utilized by various stakeholder groups including direct service providers, housing providers and policymakers within our service area. Because of the vast impact of the recent foreclosure crisis, HousingLink has undertaken several foreclosure data collection efforts through partnerships with other local organizations. These reports are located HERE
The Twin Cities Metro has a projected foreclosure rate of 19,936 in 2008 compared to 3,759 in 2005.
State Wide the foreclosure numbers are 28,282 for 2008 compared to 6,466 in 2005.
How many citizens will be forced out of their homes here in Centerville, due to the increased tax burden? Do the people making financial decisions for our city even care? Bring power back to the people with your vote on election day!
*2008 Foreclosures (Projected) numbers are based on first quarter 2008 actual foreclosure counts
*2008 Foreclosures (Projected) numbers are based on first quarter 2008 actual foreclosure counts
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