Dakota County Foreclosure Numbers Continue to Decline

The total number of Sheriff Sales in the first 11 months of 2012 was 1,422, compared to 1,821 for the same period last year.

After peaking in 2010, the total number of foreclosures in Dakota County is slowly falling, according to the most recent data released by the Dakota County Community Development Agency. The total number of Sheriff Sales countywide in the first 11 months of 2012 was 1,422, compared to 1,821 for the same period last year. In November 2012, 117 Sheriff Sales occurred, a marked decrease from the 191 sales in November 2011. A Sheriff Sale is the final step of the foreclosure process, when the assets seized in a foreclosure are publicly auctioned. In 2007, Dakota County officials began noticing a significant upswing in the number of notices of pendency—the first step in the foreclosure process—and Sheriff Sales. A Notice of Pendency is filed by …

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Dispatches: The Changing American Dream

Introducing 'Dispatches'—Patch's Take on the American Dream

In this ongoing series, Lakeville Patch will explore the challenges and opportunities inherent in striving for a better life in America in 2011.

Today, we're excited to kick off a new series, "Dispatches: The Changing American Dream," that will chronicle how the residents of Lakeville and Minnesota are adjusting to these trying economic times. The simmering national debates about unemployment, home foreclosures, the debt ceiling, religion, government and the military (among others) all reflect how we see ourselves and our communities in this time of dizzying change. At Patch, we want to explore that conversation so we can better understand how our neighbors are adjusting to the challenges and opportunities of life in 2011. Looking out across nearly 900 Patch sites spread all over the country, we see businesses holding their breath deciding whether to expand; college graduates …

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