A residential property in North Minneapolis advertises a public foreclosure auction with open house dates and contact information displayed on boarded windows. The auction resulted from lender foreclosure proceedings. Foreclosure auctions were common outcomes of mortgage defaults during the 2008–2009 financial crisis, which significantly impacted housing markets and neighborhoods across Minneapolis.
Lender Foreclosure Auction, North Minneapolis
Online Auction sign on the former Chino Latino restaurant in Uptown Minneapolis.
Online auction sign at former Chino Latino restaurant on Hennepin Ave