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For many in town, a building boom goes bust

Published 02/17/2011, The Farmington Independent

Of all of the cities in Dakota County, Farmington tops the list when it comes to foreclosure rates. 2010 was the second consecutive year the city had Dakota County’s highest foreclosure rate. According to a Jan. 19 report from the Dakota County Community Development Agency, Farmington ranks fifth in the total number of foreclosures, with 206 sheriff sales in 2010.

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