The crash in the housing market has led to some very bad decisions in the State of Minnesota.
According to an article published by The Minneapolis Star Tribune, it has been a particularly bad year for real estate brokers.
The report said that brokerages have suffered the biggest losses in Minnesota.
It says that brokers and their employees lost a total of $9.3 billion in the first quarter of 2019.
That is a massive loss of money for realtors.
It also said that the number of brokerages closed or closed because of the crash is at an all-time high.
It said that brokers lost $7.8 billion in 2019.
This is the highest number in a decade.
That was the year when the market tanked, with the number falling to $5.6 billion.
The number of homes that are foreclosed in Minnesota rose to 1.1 million from 1.05 million a year ago.
The state has experienced a dramatic downturn in the real estate market.
This was the reason why a new governor, Mark Dayton, was elected in December.
He has made it a priority to tackle the housing problem.